IMPORTANT NEWS FOR OUR CLIENTS – Recapitalization of StarStone U.S

On 10 June 2020, Enstar announced a recapitalization of StarStone U.S., which will increase the capital of StarStone’s US operations through a combination of new investors, SkyKnight, Dragoneer, Aquiline and a rollover of Enstar’s existing equity.

Enstar will contribute renewal rights of StarStone International to Atrium Underwriters Limited who manage Syndicate 609 and place Syndicate 1301, StarStone Insurance SE and StarStone Insurance Bermuda Limited into immediate and orderly run-off.