Enstar acquires engineering firm with asbestos exposure

Posted On: Jan. 6, 2017 5:00 AM CST

Bermuda-based runoff specialist Enstar Group Ltd. has acquired U.S.-based engineering firm Dana Companies L.L.C. for around $92 million, The Royal Gazette reported. Enstar said that Dana holds liabilities connected to personal injury asbestos and environmental claims. Enstar added that assets of interest include insurance rights connected to coverage against those liabilities and marketable securities.