Enstar profits jump 89% in Q4 2022 to $227mn
Enstar reported a net profit of $227mn in the final quarter of 2022, up 89% on the prior-year quarter, as the legacy carrier benefited from improved investment returns and favourable reserve development.
The quarter capped a year of major run-off acquisition for the carrier, with M&A of $2.7bn, including deals with Aspen and Argo.
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