Enstar Legacy Syndicate 2008 Agrees $196m LPT Deal with Atrium Syndicate 609

HAMILTON, Bermuda, Jan. 14, 2025 (GLOBE NEWSWIRE) -- Enstar Group Limited ("Enstar") (NASDAQ:ESGR) announced today its Lloyd's syndicate ("Syndicate 2008"), managed by Enstar Managing Agency Limited, has agreed a ground-up loss portfolio transfer ("LPT") with Atrium Syndicate 609, managed by Atrium Underwriters Limited. The transaction involves Syndicate 609's discontinued portfolios, comprising Marine Treaty Reinsurance, Property Treaty Reinsurance and US Contractors General Liability. Under the terms of t ...