|Bid||0.00 x 1000|
|Ask||0.00 x 1000|
|Day's Range||189.78 - 192.22|
|52 Week Range||150.32 - 217.00|
|Beta (3Y Monthly)||0.79|
|PE Ratio (TTM)||8.93|
|Earnings Date||Jul 31, 2019 - Aug 5, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||185.00|
Enstar Group Limited (ESGR) announced today that one of its wholly-owned subsidiaries has signed an agreement with subsidiaries of Munich Re to acquire certain portfolios from their Australian branches of Great Lakes Insurance and HSB Engineering Insurance, primarily of long tail insurance business. In the transaction, which is subject to regulatory and Federal Court of Australia approval, Enstar's subsidiary will receive total assets of approximately AUD$228.2 million (approximately $156.2 million) for assuming the associated net insurance reserves. The parties will pursue a portfolio transfer of the insurance business under Division 3A of Part III of Australia’s Insurance Act 1973 (Cth), which would provide legal finality for Munich Re.
Net Earnings of $231.8 million for the Three Months Ended June 30, 2019Net Earnings of $590.6 million for the Six Months Ended June 30, 2019Non-GAAP Operating Income of $302.9.
In 2001 Dominic Silvester was appointed CEO of Enstar Group Limited (NASDAQ:ESGR). This report will, first, examine...
Enstar Group Limited (ESGR) announced today that its subsidiary has completed an adverse development cover reinsurance transaction with Maiden Reinsurance Ltd. (“Maiden Re”). The adverse development cover is with respect to Maiden Re’s quota share reinsurance contract with AmTrust Financial Services, Inc.’s Bermuda subsidiary (“AmTrust Bermuda”) for losses incurred on or prior to December 31, 2018 in excess of a $2.178 billion retention, up to a $600 million limit. In the transaction, Enstar’s subsidiary will receive $445 million of premium and post $445 million of collateral in the form of letters of credit to secure its obligations under the reinsurance agreement.
Enstar Group Limited (“Enstar”) (ESGR) today announced that it will pay cash dividends on its Series D and Series E preference shares. Dividends on Enstar’s Series D 7.00% Fixed-to-Floating Rate Perpetual Non-Cumulative Preference Shares of $0.43750 per depositary share (each of which represents a 1/1,000th interest in a Series D Preference Share) with a payment date of September 1, 2019 will be payable on the next business day to shareholders of record on August 15, 2019. Dividends on Enstar’s Series E 7.00% Perpetual Non-Cumulative Preference Shares of $0.43750 per depositary share (each of which represents a 1/1,000th interest in a Series E Preference Share) with a payment date of September 1, 2019 will be payable on the next business day to shareholders of record on August 15, 2019.
Every investor in Enstar Group Limited (NASDAQ:ESGR) should be aware of the most powerful shareholder groups...
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Enstar Group Ltd NASDAQ/NGS:ESGRView full report here! Summary * Bearish sentiment is low * Economic output for the sector is expanding but at a slower rate Bearish sentimentShort interest | PositiveShort interest is extremely low for ESGR with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting ESGR. Money flowETF/Index ownership | NeutralETF activity is neutral. ETFs that hold ESGR had net inflows of $834 million over the last one-month. While these are not among the highest inflows of the last year, the rate of inflow is increasing. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however, and is easing. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
When Enstar Group Limited (NASDAQ:ESGR) announced its most recent earnings (31 March 2019), I compared it against two...
Enstar Group Limited (“Enstar”) (ESGR) today announced the pricing of $500,000,000 million aggregate principal amount of its 4.950% Senior Notes due 2029 (the “Notes”). Enstar intends to use the net proceeds from the offering to repay approximately $250 million of borrowings outstanding under its revolving credit facility and term loan facility, and for general corporate purposes, including, but not limited to, funding for acquisitions, working capital and other business opportunities. Wells Fargo Securities, HSBC, J.P. Morgan, SunTrust Robinson Humphrey, Barclays and nabSecurities, LLC are acting as joint book-running managers for the offering, Scotiabank is acting as senior co-manager, and Commonwealth Bank of Australia, ING and Lloyds Securities are acting as co-managers.
The Hamilton, Bermuda-based company said it had net income of $16.57 per share. Earnings, adjusted for non-recurring gains, came to $9.22 per share. The investment holding company posted revenue of $887.3 ...
Net Income of $358.8 million for the Three Months Ended March 31, 2019Non-GAAP Operating Income of $199.7 million for the Three Months Ended March 31, 2019Increase in fully.
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When you buy and hold a stock for the long term, you definitely want it to provide a positive return. Better yet, you'd like to see the share price move up more than the market average. Unfortunately for shareholders, while t...
Enstar is a multi-faceted insurance group, with over $16 billion in assets, that offers innovative capital release solutions and specialty underwriting capabilities through its network of group companies in Bermuda, the United States, the United Kingdom, Continental Europe, Australia, and other international locations. Enstar’s active underwriting businesses include the StarStone group of companies, an A- rated global specialty insurance group with multiple global underwriting platforms, and the Atrium group of companies, which manage and underwrite specialist insurance and reinsurance business for Lloyd’s Syndicate 609. This press release contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.
StarStone, the global specialty insurer, today announces several appointments to its global Leadership team. Noonan brings more than 30 years of industry experience to StarStone. Under Noonan’s leadership, Validus Group experienced significant success and growth, and ultimately was acquired by AIG in 2018.
CEO of Enstar Group Ltd (NASDAQ:ESGR) Dominic Francis Mich Silvester bought 27,775 shares of ESGR on 03/12/2019 at an average price of $169.88 a share.