09-05-2016 21:17 via insuranceinsider.com

Starstone offsets Atrium profits slide for Enstar

Enstar generated first quarter net earnings of $45.5mn that were
up 1.6 percent on the prior-year period, as higher expenses and
deteriorating Atrium performance were offset by a more than
trebling of Starstone profits.
Performance at the legacy-to-live carrier was equivalent to
earnings of $2.35 per fully diluted share at the group level, up
slightly from the $2.32 recorded in Q1 2015.
Live subsidiary StarStone - formerly Torus - saw its gross
written premiums (GWP) increase by 13.8 percent to.
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