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Enstar posts net loss of $906 million in 2022

Posted On: Mar. 2, 2023 9:56 AM CST

P/C insurers

Bermuda-based insurer Enstar Group Ltd. posted a net loss of $906 million in 2022 mainly due to an investment segment loss of $1.3 billion, Reinsurance News reported. In 2021 Enstar posted a net profit of $502 million. Earnings from its run-off segment increased by $122 million to $339 million year-over-year.