Enstar subsidiary takes Reciprocal workers' comp run-off

Enstar subsidiary Providence Washington Insurance Company has
acquired a $164mn book of run-off workers' compensation
business from Reciprocal of America, which has been in receivership
since 2003.
Enstar CEO Dominic Silvester said in a press release, published
by Nasdaq on 15 January, that the $163.8mn of liabilities assumed
were within the firm's core competency of workers'
compensation run-off.
The loss portfolio transfer reinsurance transaction completed
after being approved by t