Profits more than double at Enstar
Legacy-to-live carrier Enstar has reported
pre-tax profits of $58.3mn in the second quarter, more than twice
the $24.0mn it recorded in the prior year period.
Improved investment performance was a major driver of the jump
in profitability, with net investment income climbing 56.2 percent
on Q2 last year.
Its active underwriting operations Atrium and Starstone had
mixed fortunes, with the former seeing its loss ratio increase by
17.8 percentage points to 53.6 percent.
The increase pushed Atrium's
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