Enstar falls to $282mn Q1 net loss as rising interest rates bite
Bermuda-based Enstar Group fell to a $282mn net loss in the first quarter, as a drop in the value of its fixed income portfolio driven by higher interest rates overshadowed the run-off specialist agreeing one of its largest loss portfolio transfer (LPT) deals ever.
If you are a subscriber, please sign back in to read this article
If you are not currently a subscriber please see contact details below