Enstar Group Limited News

Credit Ratings of Michigan’s Great Lakes Casualty Insurance Co. Withdrawn

A.M. Best has withdrawn the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a+”, each with a stable outlook, of Great Lakes Casualty Insurance Co. (Great Lakes) in Grand Rapids, Michigan. The rating withdrawals reflect …

Enstar Completes Acquisition of South Carolina-based Companion

A wholly owned subsidiariy of Enstar Group Ltd. has completed its acquisition of Companion Property and Casualty Insurance Co. from Blue Cross and Blue Shield of South Carolina. Companion is a South Carolina-based insurance group writing property, casualty, specialty and …

South Carolina’s Companion P&C to Be Acquired by Enstar Group

Enstar Group Limited in Bermuda said Tuesday it has entered into a definitive agreement to acquire Companion Property and Casualty Insurance Company from Blue Cross and Blue Shield of South Carolina. The total consideration for the transaction will be $218 …

Enstar and Stone Point Capital Complete Torus Acquisition

Enstar Group Limited and Stone Point Capital LLC announced the completion of the acquisition of global specialty insurer, Torus Insurance Holdings Limited, originally agreed to in July 2013. The announcement added that Torus has also appointed Patrick Tiernan as Executive …