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Enstar Group Subsidiary Enters Adverse Development Cover Reinsurance Agreement With Certain Subsidiaries Of James River Group

Author: Benzinga Newsdesk | November 11, 2024 06:14pm

Under the terms of the agreement, Enstar's subsidiary will provide $75 million of limit in excess of the existing $160 million ADC reinsurance coverage provided to such subsidiaries of James River by State National Insurance Company, Inc. earlier this year. 

Enstar's subsidiary will also make a $12.5 million investment in James River common stock.

Posted In: ESGR JRVR


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