Enstar completes second property ILS legacy deal
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Enstar completes second property ILS legacy deal

In its first deal, Enstar received $350mn in premium for certain 2019 and 2020 business in AlphaCat’s portfolio.

By Jai Singh
November 06, 2024
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Deal Acquisition M&A handshake.jpg

Enstar subsidiary Cavello Bay Reinsurance has acquired a Bermuda-domiciled Class 3B insurer and segregated accounts company, in its second legacy property ILS deal this year.

The

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News Re/insurers Legacy Sidecars Bermuda ILS Property
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