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- Jonathan Moreland
OPK OPKO HEALTH INC.
NMFC NEW MOUNTAIN FINANCE CORPORATION
MBIN MERCHANTS BANCORP
GRX THE GABELLI HEALTHCARE & WELLNESSRX TRUST
FBRX FORTE BIOSCIENCES INC
BDSX BIODESIX
INBX INHIBRX
OSCR INC.
CLVT OSCAR HEALTH
RWAY CLARIVATE PLC
NXGL RUNWAY GROWTH FINANCE CORP
HR NEXGEL INC
DC HEALTHCARE TRUST OF AMERICA INC.
DAKOTA GOLD CORP.
Enstar Agrees ADC Agreement with James River
Enstar Agrees ADC Agreement with James River HAMILTON, Bermuda, Nov. 11, 2024 (GLOBE NEWSWIRE) -- Enstar Group Limited (“Enstar”) (Nasdaq: ESGR) announced today that one of its wholly-owned subsidiaries has entered into an adverse development cover (“ADC”) reinsurance agreement with certain subsidiaries of James River Group Holdings, Ltd. (“James River”). 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, In...
Sensient Technologies Corp: 1 director
A director at Sensient Technologies Corp sold 4,000 shares at 80.483USD and the significance rating of the trade was 51/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two yea...
Enstar Shareholders Overwhelmingly Approve Sixth Street Acquisition
Enstar Shareholders Overwhelmingly Approve Sixth Street Acquisition HAMILTON, Bermuda, Nov. 06, 2024 (GLOBE NEWSWIRE) -- Enstar Group Limited (“Enstar”) (Nasdaq: ESGR) today announced that it received the necessary shareholder approval for its proposed acquisition by Sixth Street, with Liberty Strategic Capital, J.C. Flowers & Co. LLC, and other institutional investors participating in the transaction. The transaction is expected to close in mid-2025, subject to regulatory approvals, and other customary closing conditions. Enstar will report the final, certified voting results of the...
Enstar Group Limited Announces Quarterly Preference Share Dividends
Enstar Group Limited Announces Quarterly Preference Share Dividends HAMILTON, Bermuda, Nov. 05, 2024 (GLOBE NEWSWIRE) -- Enstar Group Limited (“Enstar”) (Nasdaq: ESGR) today announced that it will pay cash dividends on its Series D and Series E preference shares. Dividends on Enstar’s Series D 7.00% Fixed-to-Floating Rate Perpetual Non-Cumulative Preference Shares of $0.43750 per depositary share (each of which represents a 1/1,000th interest in a Series D Preference Share) will be payable on December 1, 2024 to shareholders of record on November 15, 2024. Dividends on Enstar’s Seri...
Enstar Acquires Bermuda Reinsurer in its Second Property ILS Transacti...
Enstar Acquires Bermuda Reinsurer in its Second Property ILS Transaction HAMILTON, Bermuda, Nov. 05, 2024 (GLOBE NEWSWIRE) -- Enstar Group Limited (Nasdaq: ESGR) today announced that its wholly-owned subsidiary, Cavello Bay Reinsurance Limited (“Cavello Bay”), has acquired a Bermuda-domiciled Class 3B insurer and segregated accounts company (the “Reinsurer”). The Reinsurer underwrote property reinsurance business between 2020 and 2023 on behalf of third-party investors, assuming the risk through retrocession agreements with a fronting carrier. The Reinsurer had $66 million of shareholder...
Enstar Completes Loss Portfolio Transfer With QBE
Enstar Completes Loss Portfolio Transfer With QBE HAMILTON, Bermuda, Oct. 31, 2024 (GLOBE NEWSWIRE) -- Enstar Group Limited (NASDAQ: ESGR) announced today that one of its wholly-owned subsidiaries has closed a previously announced ground-up loss portfolio transfer transaction with subsidiaries of QBE Insurance Group Limited (“QBE”) to reinsure a portfolio of US commercial liability and workers’ compensation business, largely underwritten on recently discontinued programs. Under the reinsurance agreement, QBE ceded net reserves of approximately $376 million, and Enstar’s subsidiary provid...
Enstar Announces Changes to Executive Leadership Team
Enstar Announces Changes to Executive Leadership Team • Appoints Paul Brockman as Chief Commercial Officer • Names Adrian Thornycroft as Chief Administrative Officer from May 2025 HAMILTON, Bermuda, Oct. 29, 2024 (GLOBE NEWSWIRE) -- Enstar Group Limited (“Enstar”) (Nasdaq: ESGR), today announces changes to its executive leadership team in connection with the upcoming retirement of Orla Gregory, President, at the end the year, and the expanding role of Enstar in the insurance industry. Paul Brockman has been appointed as Chief Commercial Officer with immediate effect. Paul has bee...
Enstar Completes Loss Portfolio Transfer With SiriusPoint
Enstar Completes Loss Portfolio Transfer With SiriusPoint HAMILTON, Bermuda, Oct. 01, 2024 (GLOBE NEWSWIRE) -- Enstar Group Limited (NASDAQ: ESGR) announced today that one of its wholly-owned subsidiaries has closed a previously announced loss portfolio transfer transaction with a subsidiary of SiriusPoint Ltd. (“SiriusPoint”) to reinsure a $400 million portfolio of Workers’ Compensation business covering underwriting years 2018 to 2023. Under the reinsurance agreement, SiriusPoint will cede net reserves of approximately $400 million, and Enstar’s subsidiary will provide approximately $2...
Enstar Announces Expiration of “Go-Shop” Period
Enstar Announces Expiration of “Go-Shop” Period HAMILTON, Bermuda, Sept. 04, 2024 (GLOBE NEWSWIRE) -- Enstar Group Limited (“Enstar”) (Nasdaq: ESGR) today announced the expiration of the 35-day “go-shop” period as provided in the previously announced definitive merger agreement, pursuant to which Sixth Street, a leading global investment firm, will acquire Enstar for $5.1 billion. The go-shop period expired at 11:59 p.m. ET on September 2, 2024. During the “go-shop” period, Enstar, with the assistance of its financial advisor Goldman Sachs & Co. LLC, actively solicited alternative acquis...
Enstar Completes Previously Announced Transaction with IAG
Enstar Completes Previously Announced Transaction with IAG HAMILTON, Bermuda, Aug. 29, 2024 (GLOBE NEWSWIRE) -- Enstar Group Limited (NASDAQ: ESGR) announced today that it has completed the previously announced transaction between one of its wholly owned subsidiaries with Insurance Australia Limited, on behalf of Insurance Australia Group (“IAG”), following receipt of the relevant regulatory approvals and satisfaction of the final closing conditions. Under the terms of the adverse development cover (“ADC”) agreement, Enstar will provide approximately the equivalent of US$442 million (AU$...
Enstar to Enter $376 Million Loss Portfolio Transfer with QBE
Enstar to Enter $376 Million Loss Portfolio Transfer with QBE HAMILTON, Bermuda, Aug. 08, 2024 (GLOBE NEWSWIRE) -- Enstar Group Limited (NASDAQ: ESGR) announced today that one of its wholly owned subsidiaries has reached an agreement to provide a ground-up Loss Portfolio Transfer (“LPT”) with certain subsidiaries of QBE Insurance Group Limited (“QBE”). The transaction involves a diversified portfolio of US commercial liability and workers’ compensation business, largely underwritten on recently discontinued programs. Enstar is familiar with the majority of the business and has existing ex...
Enstar Group Limited Announces Quarterly Preference Share Dividends
Enstar Group Limited Announces Quarterly Preference Share Dividends HAMILTON, Bermuda, Aug. 05, 2024 (GLOBE NEWSWIRE) -- Enstar Group Limited (“Enstar”) (Nasdaq: ESGR) today announced that it will pay cash dividends on its Series D and Series E preference shares. Dividends on Enstar’s Series D 7.00% Fixed-to-Floating Rate Perpetual Non-Cumulative Preference Shares of $0.43750 per depositary share (each of which represents a 1/1,000th interest in a Series D Preference Share) will be payable on September 1, 2024 to shareholders of record on August 15, 2024. Dividends on Enstar’s Series E ...
Enstar Group Limited Reports Second Quarter 2024 Results
Enstar Group Limited Reports Second Quarter 2024 Results Enstar to be Acquired by Sixth Street-led Consortium for $5.1 BillionNet Income Attributable to Enstar Ordinary Shareholders of $126 Million; Return on Equity of 2.5% Primarily Driven by Positive Investment ResultsYear-to-Date Growth in Book Value per Ordinary Share of 4.5% to $358.74 (Fully Diluted* $350.74) Announced $400 Million Loss Portfolio Transfer with SiriusPointSigned $350 Million Agreement to Provide Reinsurance Cover in Insurance-linked Securities (ILS) Market1Entered into $200 Million Adverse Development Cover Agreement w...
Enstar to be Acquired by Sixth Street for $5.1 Billion
Enstar to be Acquired by Sixth Street for $5.1 Billion Enstar shareholders to receive $338.00 per share in cash Strong alignment between Enstar and Sixth Street to ensure continuity of Enstar strategy HAMILTON, Bermuda, July 29, 2024 (GLOBE NEWSWIRE) -- Enstar Group Limited (“Enstar”) (Nasdaq: ESGR) today announced that it has entered into a definitive merger agreement under which Sixth Street will acquire Enstar, with Liberty Strategic Capital, J.C. Flowers & Co. LLC, and other institutional investors participating in the transaction. Enstar shareholders will receive a total of $338....
Enstar Completes Reinsurance Transaction with Accredited
Enstar Completes Reinsurance Transaction with Accredited Deal forms part of Onex Partners’ acquisition of Accredited HAMILTON, Bermuda, June 28, 2024 (GLOBE NEWSWIRE) -- Enstar Group Limited (NASDAQ: ESGR) today announces that one of its wholly owned subsidiaries has completed a transaction to reinsure legacy business written by Accredited Surety and Casualty Company, Inc. and Accredited Insurance (Europe) Limited (together, “Accredited”). Enstar has provided reinsurance in connection with the acquisition of Accredited by Onex Partners. The reinsurance addresses Accredited’s assumed an...
Enstar Agrees Adverse Development Cover Transaction with Insurance Aus...
Enstar Agrees Adverse Development Cover Transaction with Insurance Australia Limited (“IAG”) HAMILTON, Bermuda, June 27, 2024 (GLOBE NEWSWIRE) -- Enstar Group Limited (NASDAQ: ESGR) has announced today that one of its wholly owned subsidiaries has signed an adverse development cover agreement with Insurance Australia Limited, on behalf of Insurance Australia Group (“IAG”). Under the terms of the agreement Enstar will provide approximately the equivalent of US$430 million (AU$650m) of excess cover over the equivalent of US$1.7 billion (AU$ 2.5bn) of underlying reserves related to certain ...
- Dave Nicoski
- Ross LaDuke
Vermilion Compass: Weekly Equity Strategy
Mixed Signals, Reasons for Caution The S&P 500 uptrend remains intact, and the same can be said for the QQQ's. Despite a positive view of these two metrics, the aspect of of failed U.S. dollar breakdown coupled with the reversal. of the 10-year yields higher does give us pause. The S&P 500 breadth is showing signs of breadth divergence. 1.) The U.S. dollar has staged a false breakdown and is now on the cusp of a reversal. A decisive close through last Friday's close of 104.89 could yet negate t...
TJX TJX COMPANIES INC
SXT SENSIENT TECHNOLOGIES CORPORATION
MATX MATSON INC.
IFF INTERNATIONAL FLAVORS & FRAGRANCES INC.
ASC ARDMORE SHIPPING
SBL SAFE BULKERS INC.
GNK GENCO SHIPPING & TRADING LTD.
LCM COSTAMARE INC.
ROST ROSINTER RESTAURANTS HOLDING ORD SHS
SBLK STAR BULK CARRIERS CORP.
KEX KIRBY CORPORATION
NMM NAVIOS MARITIME PARTNERS
DAC DANAOS
HSHP HIMALAYA SHIPPING LTD.
ESEA EUROSEAS LTD
Enstar Group Limited Announces Quarterly Preference Share Dividends
Enstar Group Limited Announces Quarterly Preference Share Dividends HAMILTON, Bermuda, May 03, 2024 (GLOBE NEWSWIRE) -- Enstar Group Limited (“Enstar”) (Nasdaq: ESGR) today announced that it will pay cash dividends on its Series D and Series E preference shares. Dividends on Enstar’s Series D 7.00% Fixed-to-Floating Rate Perpetual Non-Cumulative Preference Shares of $0.43750 per depositary share (each of which represents a 1/1,000th interest in a Series D Preference Share) will be payable on June 3, 2024 to shareholders of record on May 15, 2024. Dividends on Enstar’s Series E 7.00% Per...
Enstar Group Limited Reports First Quarter 2024 Results
Enstar Group Limited Reports First Quarter 2024 Results Net Income Attributable to Enstar Ordinary Shareholders of $119 Million; Return on Equity of 2.4% Primarily Driven by Positive Investment ResultsGrowth in Book Value per Ordinary Share of 1.7% to $349.41 (Fully Diluted* $341.53) Announced $400 Million Loss Portfolio Transaction with SiriusPoint, Subsequent to Quarter EndBermuda-based Wholly Owned Subsidiary, Cavello Bay Reinsurance Limited Assigned Insurer Financial Strength Rating of ‘A’ with Stable Outlook by S&P Global Ratings * Non-GAAP measure; refer to "Non-GAAP Financial Measur...
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