Enstar completes $3bn+ LPT with Aspen
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Enstar completes $3bn+ LPT with Aspen

enstar_logo_bermuda_2021.png

Enstar has closed the previously announced deal for a ground-up loss portfolio transfer (LPT) with Apollo-owned Bermuda (re)insurer Aspen Insurance Holdings for its 2019 and prior business, in which Enstar will assume net loss reserves of $3.12bn, subject to a limit of $3.57bn.

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