Enstar Group Acquires Michigan’s AF Group

Group 1 - Enstar Group Limited has entered into a definitive stock purchase agreement to acquire 100% of Accident Fund Holdings, Inc. from Blue Cross Blue Shield of Michigan [1] - AF Group has been providing insurance solutions for over a century and has a consolidated gross written premium of $3.3 billion in 2025 [2] - The acquisition will combine AF Group and Enstar's capabilities in property and casualty insurance, enhancing Enstar's global re/insurance solutions [3] Group 2 - After the acquisition, AF Group will operate as a wholly owned subsidiary of Enstar, maintaining its existing leadership team [4]