Enstar Group Ltd. (OQ:ESGR)

Sector:  Financials Industry:  Multiline Insurance & Brokers
See Regulatory Filings on SEC
Company Contact
Address: Windsor Place, 22 Queen Street
Tel: N/A
Website: www.enstargroup.com
IR: See website
Key People
Robert J. Campbell
Independent Chairman of the Board
Paul J. O'Shea
President, Director
Dominic Francis Michael Silvester
Chief Executive Officer, Director
Guy Thomas Anthony Bowker
Chief Financial Officer, Principal Accounting Officer
David J. Atkins
Chief Executive Officer, Enstar (EU) Limited
Paul M.J. Brockman
President and Chief Executive Officer, Enstar (US), Inc
Orla M. Gregory
Chief Operating Officer
Nazar Alobaidat
Chief Investment Officer, Enstar (US), Inc
Business Overview
Enstar Group Limited is an insurance group that offers capital release solutions and specialty underwriting capabilities through its network of group companies in Bermuda, the United States, the United Kingdom, Continental Europe, Australia and other international locations. The Company's segments include Non-Life Run-Off, Atrium, StarStone, and Life and Annuities. The Non-life Run-off segment comprises the operations of its subsidiaries that are running off their property and casualty and other non-life lines of business. The Atrium segment underwrites specialist marine, energy, aerospace, non-marine and liability classes. The StarStone segment offers a range of property, casualty and specialty insurance products. The Life and Annuities Segment consists of the operations managing the Company's closed-block of life and annuity business, and its life settlements business.
Financial Overview
For the three months ended 31 March 2020, Enstar Group Ltd. revenues decreased from $887.3M to -$268.8M. Net loss applicable to common stockholders totaled $516.8M vs. income of $358.8M. Revenues reflect Gross investment income decrease of 1% to $82.5M, Investment Expense - Insurance decrease of 10% to -$4.7M. Net loss reflects GAAP Expense Ratio - %StarStone seg Acq increase of 47% to 35.5%, GAAP Loss Ratio - % StarStone segment decrease of 51% to 44.4%.
Employees: 1,444 as of Dec 31, 2019
Reporting Currency: U.S. Dollars
Enterprise value: $3,822M as of Mar 31, 2020
Annual revenue (TTM): $1,417M as of Mar 31, 2020
EBITDA (TTM): $34.82M as of Mar 31, 2020
Net annual income (TTM): $26.60M as of Mar 31, 2020
Free cash flow (TTM): $1,779M as of Mar 31, 2020
Net Debt Last Fiscal Year: $725.68M as of Mar 31, 2020
Shares outstanding: 22,134,155 as of May 5, 2020
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization