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Bermudian-domiciled financial services holding company has seven operating companies

Securities are connected with the JFK Airport Terminal 6 Redevelopment Project

The deal is expected to close in mid-2025, subject to regulatory approvals and other customary closing conditions

Operating income was $540.3 million, up from $426.3 million in the third quarter of 2023

The company’s subsidiaries include Palomar Specialty Reinsurance Company Bermuda Ltd

Parent company Enstar says the acquired company underwrote property reinsurance business between 2020 and 2023

Bermuda market veteran of nearly 40 years becomes a non-executive director

The global insurance company has operations in more than 80 countries and jurisdictions, including Bermuda

Subject to regulatory approval, the industry veteran will become UK chief financial officer

Veteran executive will become chief people officer and a member of the organisation’s executive committee