Enstar swings to $282mn net loss as interest rates hit RoE
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Enstar swings to $282mn net loss as interest rates hit RoE

Samuel Casey
May 06, 2022
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Enstar reported a net loss of $282mn in the first quarter of 2022, a dramatic turnaround from the start of 2021, when the legacy specialist posted profits of $183mn.

The legacy insurer recorded a return on equity of -5% compared with 3% in Q1 last year, impacted by unrealised losses and interest rate increases on fixed maturity portfolios.

Net

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News Enstar Legacy Earnings
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Samuel Casey
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