Enstar enters $1.9bn LPT deal with QBE subsidiaries
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Enstar enters $1.9bn LPT deal with QBE subsidiaries

Kyoung-son Song
February 16, 2023
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Enstar QBE logos bermuda.jpg

Enstar has entered a $1.9bn loss portfolio transfer (LPT) deal with subsidiaries of QBE Insurance Group on a diversified portfolio of business, which includes international and North America financial lines, European and North American reinsurance portfolios, and several US discontinued programs.

The announcement confirms an earlier report by sister title Insurance Insider that QBE was preparing to bring a $1bn US casualty run-off portfolio to the legacy market.

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NewsM&ALegacyQBEEnstar
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Kyoung-son Song
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