Enstar completes A$360mn LPT with RACQ
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Enstar completes A$360mn LPT with RACQ

Kyoung-son Song
June 02, 2023
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Enstar has completed a loss portfolio transfer (LPT) agreement with RACQ Insurance Limited to reinsure 80% of RACQ’s motor vehicle compulsory third-party insurance liabilities of accident years 2021 and prior.

The completion of the transaction between Enstar’s wholly owned subsidiary and RACQ followed receipt of regulatory approvals and satisfaction of various other closing conditions.

Under

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Kyoung-son Song
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