Axis completes previously announced transaction with enstar

Pembroke, bermuda--(business wire)---- $axs #insurance--axis capital holdings limited (“axis capital” or “axis” or the “company”) (nyse: axs) and enstar group limited (“enstar”) (nasdaq: esgr) announced today that they have completed a loss portfolio transfer (“lpt”) transaction, covering reinsurance segment reserves predominantly attributable to casualty portfolios related to 2021 and prior underwriting years. the lpt reinsurance agreement covers reinsurance segment reserves totalling $3.1 billion at september 30.
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