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2016-03-03

Enstar Group Limited: Enstar Group Limited Reports 2015 Year-End Results

HAMILTON, Bermuda, Feb. 29, 2016 (GLOBE NEWSWIRE) -- Enstar Group Limited
(Nasdaq:ESGR) filed its annual report on Form 10-K with the SEC earlier
today, reporting its earnings and financial position for the year ended
December 31, 2015.

Enstar reported consolidated net earnings of $220.3 million (or $11.35 per
fully diluted share) for the year ended December 31, 2015 compared to $213.7
million (or $11.44 per fully diluted share) for the year ended December 31,
2014.

Enstar's shareholders' equity at December 31, 2015 amounted to $2,516.9
million (or $129.65 per fully diluted share), which was up from $2,304.9
million (or $119.22 per fully diluted share) at December 31, 2014. The Form
10-K, which is available on Enstar's website, www.enstargroup.com, contains a
more detailed description of Enstar's business and financial results.

About Enstar

Enstar is a multi-faceted insurance group that offers innovative capital
release solutions and specialty underwriting capabilities through its network
of group companies in Bermuda, the United States, the United Kingdom,
Continental Europe, Australia, and other international locations. Enstar is a
market leader in completing legacy acquisitions, having acquired over 70
companies and portfolios since its formation in 2001. Enstar's active
underwriting businesses include the StarStone group of companies, an A- rated
global specialty insurance group with multiple global underwriting platforms,
and the Atrium group of companies, which manage and underwrite specialist
insurance and reinsurance business for Lloyd's Syndicate 609. For further
information about Enstar, see www.enstargroup.com.

Cautionary Statement

This press release contains certain forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995. These
statements include statements regarding the intent, belief or current
expectations of Enstar and its management team. Investors are cautioned that
any such forward-looking statements speak only as of the date they are made,
are not guarantees of future performance and involve risks and uncertainties,
and that actual results may differ materially from those projected in the
forward-looking statements as a result of various factors. Important risk
factors regarding Enstar can be found under the heading "Risk Factors" in
Enstar's Form 10-K for the year ended December 31, 2015 and are incorporated
herein by reference. Furthermore, Enstar undertakes no obligation to update
any written or oral forward-looking statements or publicly announce any
updates or revisions to any of the forward-looking statements contained
herein, to reflect any change in its expectations with regard thereto or any
change in events, conditions, circumstances or assumptions underlying such
statements, except as required by law.
Contact: Mark Smith

Telephone: +1 (441) 292-3645

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Enstar Group Limited via Globenewswire

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