HAMILTON, Bermuda (AP) — Enstar Group Ltd. (ESGR) on Tuesday reported earnings of $148 million in its third quarter. On a per-share basis, the Hamilton, Bermuda-based company said it had net income of $9.84. Earnings, adjusted for non-recurring gains, were $8.51 per share.
This agreement is set to provide $75m of limit in excess of the existing $160m adverse development cover (ADC) reinsurance coverage provided earlier this year to James River.