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International

Enstar to reinsure RSA's UK employers' liability business.

February 08, 2017 Reprints

A subsidiary of Bermuda-based runoff specialist Enstar Group Ltd. has signed an agreement to reinsure U.K.-based RSA Insurance Group P.L.C.'s U.K. employers' liability legacy business, EconoTimes reported. Enstar's subsidiary will assume gross insurance reserves of more than £950 million ($1.2 billion) relating to 2005 and prior year business. Reinsurance premium payable to Enstar's subsidiary will be nearly £800 million.

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Enstar to reinsure RSA's UK employers' liability business.

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