enstar group ltd (ESGR) Key Developments
Enstar Group Limited Reports Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2015
Aug 7 15
Enstar Group Limited reported consolidated earnings results for the second quarter and six months ended June 30, 2015. Enstar reported consolidated net earnings of $14.5 million or $0.75 per fully diluted share for the second quarter ended June 30, 2015 compared to $51.8 million or $2.68 per fully diluted share for the second quarter ended June 30, 2014.
For the six months, net earnings were $59.4 million or $3.07 per fully diluted share compared to $81.4 million or $4.52 per fully diluted share for the six months ended June 30, 2014.
Enstar Group Limited - Shareholder/Analyst Call
Jun 8 15
To provided a detailed update on the Company
Ken Moore to Step Down from the Board of Directors of Enstar Group Limited
May 29 15
Enstar Group Limited announced that Canada Pension Plan Investment Board has entered into an agreement to acquire approximately 1.9 million voting and non-voting ordinary shares of Enstar from First Reserve. The transaction is expected to be
completed next week. Ken Moore, Managing Director of First Reserve and a member of Enstar's board of directors, will step
down from Enstar's board upon completion of the transaction. Enstar expects to appoint a new director affiliated with CPPIB at a future time.
Enstar Group Limited Announces Management Changes; Reports Consolidated Earnings Results for the First Quarter Ended March 31, 2015
May 11 15
Enstar announced that Richard Harris informed the company of his intention to step aside from his role as Chief Financial Officer on August 15, 2015. Mark Smith will join the company as its new Chief Financial Officer on that date. Mr. Harris' decision is for personal reasons and he will remain with the company for an extended period to facilitate a smooth transition of his responsibilities to Mr. Smith. Mr. Smith has been a Partner at Deloitte & Touche, Bermuda since 1988 in Deloitte's accounting and auditing services group.
Enstar also announced that it appointed Hitesh Patel to its Board of Directors on May 6, 2015. Mr. Patel served as Chief Executive Officer of Lucida, plc from 2012 to 2013. He is currently a non-executive director of Aviva Life Holdings UK Ltd. Mr. Patel has over 30 years of experience working in the insurance industry, having served in the United Kingdom as KPMG LLP's Lead Partner on Insurance Accounting and Regulatory Services from 2000 to 2007.
The company reported consolidated earnings results for the first quarter ended March 31, 2015. For the quarter, the company reported net earnings of $44.8 million
or $2.32 per fully diluted share compared to $29.6 million or $1.77 per fully diluted share for the three months ended March 31, 2014.
Enstar Group Limited, Annual General Meeting, May 06, 2015
Mar 26 15
Enstar Group Limited, Annual General Meeting, May 06, 2015., at 09:00 Atlantic Daylight. Location: Windsor Place, 3rd Floor. Agenda: To elect the directors; to approve the executive compensation; to ratify the appointment of KPMG Audit Limited as independent registered public accounting firm for 2015 and to authorize the board of directors, acting through the audit committee, to approve the fees for the independent registered public accounting firm; and to consider the election of subsidiary directors.