AXIS to Transfer $2.3B of Reinsurance Reserves to Enstar in Boost to Specialty Focus
Insurance Journal - Dec 17, 2024
AXIS Capital Holdings Ltd. and Enstar Group Ltd. announced they have entered into a loss portfolio transfer (LPT) reinsurance agreement, which will retrocede $2.3 billion of AXIS’s reinsurance reserves. Structured as a 75% ground-up quota share, the LPT reinsurance agreement …...
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