Published 1 month ago

Enstar Subsidiary Assigned 'A' Financial Strength Rating by S&P Global - Enstar Gr (NASDAQ:ESGR)

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The ratings agency S&P Global Ratings has assigned an Insurer Financial Strength Rating of A' with stable outlook to its Bermuda-based, wholly owned subsidiary, Cavello Bay Reinsurance Limited. On issuing its rating, S&p highlighted Enstar's competitive position as a "leader in the global non-life run-off market"

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Enstar Subsidiary Assigned 'A' Financial Strength Rating by S&P Global - Enstar Gr (NASDAQ:ESGR)

HAMILTON, Bermuda, March 25, 2024 (GLOBE NEWSWIRE) -- Enstar Group Limited (NASDAQ:ESGR) announced today that the ratings agency S&P Global Ratings ("S&P") has assigned an Insurer Financial Strength Rating of ‘A' with stable outlook to its Bermuda-based, wholly owned subsidiary, Cavello Bay Reinsurance Limited ("Cavello Bay"). Cavello Bay is Enstar's primary non-life run-off consolidator, and a Class 3B reinsurer. On issuing its rating, S&P hi…

1 month ago·New York, United States

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