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Enstar Group Limited Reports First Quarter Results

ed Reports First Quarter Results

Enstar Group Limited (Nasdaq:ESGR) filed its quarterly report on Form 10-Q with
the SEC today, reporting its earnings and financial position for the three
months ended March 31, 2016.

Enstar reported consolidated net earnings of $45.5 million (or $2.35 per fully
diluted share) for the three months ended March 31, 2016 compared to $44.8
million (or $2.32 per fully diluted share) for the three months ended March 31,

Enstar's shareholders' equity at March 31, 2015 amounted to $2,577.8 million
(or $132.85 per fully diluted share), as compared to $2,516.9 million (or
$129.65 per fully diluted share) at December 31, 2015. The Form 10-Q, which is
available on Enstar's website,, 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

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

Författare SSE

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