Last 7 days
-5.5%
Last 30 days
-2.3%
Last 90 days
-3.1%
Trailing 12 Months
1.5%
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
PGR | 80.9B | 52.1B | -5.87% | 7.15% | 112.13 | 1.63 | 6.08% | -60.84% |
AIG | 39.6B | 51.6B | -0.49% | -7.80% | 3.86 | 0.7 | -3.37% | -38.13% |
TRV | 39.1B | 37.8B | -6.89% | -3.45% | 13.97 | 1.03 | 6.99% | -29.09% |
ALL | 28.5B | 52.9B | -6.40% | -18.54% | -11.92 | 0.54 | 4.73% | -167.90% |
RE | 23.8B | 12.4B | -10.60% | 21.71% | 39.87 | 1.91 | 3.58% | -56.71% |
HIG | 23.3B | 22.9B | -3.87% | -5.50% | 11.93 | 1.05 | 1.76% | -25.56% |
Y | 11.4B | - | 0.57% | 29.95% | 32.11 | 0.97 | - | - |
AFG | 9.6B | 7.2B | -8.79% | -15.88% | 11.66 | 1.33 | 8.46% | -56.06% |
MID-CAP | ||||||||
RNR | 8.3B | 6.5B | -12.57% | 22.70% | -80.56 | 1.27 | 18.12% | 27.70% |
ESGR | 3.8B | 1.6B | -2.33% | 1.49% | -21.05 | 2.31 | - | -308.14% |
SMALL-CAP | ||||||||
HMN | 1.4B | 1.4B | -4.87% | -25.06% | -529.92 | 1 | 2.59% | -108.90% |
PLMR | 1.4B | 338.2M | 8.15% | -12.05% | 24.81 | 4.03 | 22.24% | 25.58% |
PRA | 990.7M | 1.1B | -33.28% | -45.29% | -2.5K | 0.9 | -7.68% | -102.27% |
JRVR | 720.0M | 847.3M | -1.59% | -25.09% | 23.7 | 0.85 | 7.01% | 151.37% |
Income Statement (Last 12 Months) | (In Millions) | |||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q1 | 2022Q4 | 2022Q1 | 2021Q4 | 2021Q3 |
Revenue | 20.8% | 1,632 | 1,351 | 1,070 | 789 | 1,656 |
S&GA Expenses | 1.2% | 335 | 331 | 369 | - | - |
EBITDA | -629.0% | -831 | 157 | 658 | - | - |
EBITDA Margin | -76.1% | 0.20* | 0.83* | 0.80* | - | - |
Earnings Before Taxes | 88.9% | -98.00 | -883 | 128 | - | - |
EBT Margin | -98.8% | 0.01* | 0.65* | 0.72* | - | - |
Interest Expenses | -2.2% | 87.00 | 89.00 | 78.00 | - | - |
Net Income | 79.4% | -179 | -870 | 86.00 | - | - |
Net Income Margin | -98.2% | 0.01* | 0.60* | 0.74* | - | - |
Free Cahsflow | -88.0% | 283 | 2,350 | 3,801 | - | - |
Balance Sheet | (In Millions) | |||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 |
Assets | -8.2% | 20,345 | 22,154 | 21,552 | 23,269 | 23,240 |
Cash Equivalents | 39.1% | 1,143 | 822 | 923 | 785 | 763 |
Liabilities | -11.0% | 15,291 | 17,189 | 17,228 | 18,209 | 17,292 |
Long Term Debt | 0.1% | 1,830 | 1,829 | 1,905 | 1,905 | 1,904 |
Shareholder's Equity | 3.9% | 4,884 | 4,701 | 4,060 | 4,693 | 5,534 |
Retained Earnings | 9.6% | 4,830 | 4,406 | 3,866 | 4,310 | 4,803 |
Additional Paid-In Capital | -42.6% | 440 | 766 | 757 | 769 | 883 |
Shares Outstanding | -9.0% | 16.00 | 18.00 | 18.00 | 18.00 | 18.00 |
Minority Interest | -92.7% | 7.00 | 96.00 | 98.00 | 193 | 233 |
Cashflow (Last 12 Months) | (In Millions) | |||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
Cashflow From Operations | -9.2% | 257 | 283 | 1,329 | 2,350 | 3,801 |
Share Based Compensation | - | 28.00 | - | - | - | - |
Cashflow From Investing | 42.1% | -919 | -1,586 | -1,722 | -1,667 | -2,573 |
Cashflow From Financing | -26.1% | -116 | -92.00 | -664 | -552 | - |
Buy Backs | -24.2% | 163 | 215 | 287 | 101 | - |
60.4%
34.2%
24.6%
Y-axis is the maximum loss one would have experienced if Enstar Group was unfortunately bought at previous high price.
6.4%
6.0%
2.9%
18.2%
FIve years rolling returns for Enstar Group.
Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
2023-05-26 | ProShare Advisors LLC | reduced | -46.72 | -267,244 | 306,890 | -% |
2023-05-25 | Brandywine Global Investment Management, LLC | added | 99.65 | 10,408,600 | 20,786,000 | 0.08% |
2023-05-22 | AMERIPRISE FINANCIAL INC | added | 331 | 4,340,160 | 5,643,160 | -% |
2023-05-22 | PUTNAM INVESTMENTS LLC | reduced | -3.95 | -56,387 | 1,495,280 | -% |
2023-05-18 | NEW YORK STATE COMMON RETIREMENT FUND | reduced | -9.32 | -1,053,000 | 10,612,000 | 0.01% |
2023-05-18 | JPMORGAN CHASE & CO | added | 17.03 | 575,543 | 3,879,540 | -% |
2023-05-17 | Advisory Services Network, LLC | reduced | -45.71 | -7,365 | 8,704 | -% |
2023-05-16 | Rockefeller Capital Management L.P. | sold off | -100 | -36,000 | - | -% |
2023-05-16 | SUSQUEHANNA INTERNATIONAL GROUP, LLP | new | - | 2,032,800 | 2,032,800 | -% |
2023-05-16 | RBF Capital, LLC | reduced | -9.8 | -181,172 | 1,705,830 | 0.12% |
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Mar 24, 2023 | canada pension plan investment board | 9.4% | 1,501,211 | SC 13D/A | |
Feb 09, 2023 | vanguard group inc | 6.91% | 1,104,495 | SC 13G/A | |
Feb 07, 2023 | blackrock inc. | 5.2% | 829,092 | SC 13G | |
Feb 06, 2023 | wellington management group llp | 6.26% | 1,001,215 | SC 13G/A | |
Jan 09, 2023 | canada pension plan investment board | 9.4% | 1,501,211 | SC 13D/A | |
May 13, 2022 | stone point capital llc | 9.4% | 1,546,196 | SC 13D/A | |
Feb 04, 2022 | blackrock inc. | 5.2% | 880,637 | SC 13G | |
Feb 04, 2022 | wellington management group llp | 6.19% | 1,038,942 | SC 13G/A | |
Jul 19, 2021 | hillhouse investment management, ltd. | 0% | 0 | SC 13D/A | |
Jul 19, 2021 | hhlr advisors, ltd. | 0% | 0 | SC 13D/A |
Date Filed | Form Type | Document | |
---|---|---|---|
May 15, 2023 | 13F-HR | Fund Holdings Report | |
May 04, 2023 | 10-Q | Quarterly Report | |
May 04, 2023 | 8-K | Current Report | |
Apr 21, 2023 | ARS | ARS | |
Apr 21, 2023 | DEF 14A | DEF 14A | |
Apr 21, 2023 | DEFA14A | DEFA14A | |
Apr 05, 2023 | 4 | Insider Trading | |
Apr 05, 2023 | 4 | Insider Trading | |
Apr 05, 2023 | 4 | Insider Trading | |
Apr 05, 2023 | 4 | Insider Trading |
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
2023-04-03 | Beesley Sharon Anne | acquired | - | - | 430 | - |
2023-04-03 | Becker Bernard F. | acquired | - | - | 430 | - |
2023-04-03 | O'Shea Paul James | acquired | - | - | 466 | - |
2023-04-03 | Gerhardt Hans-Peter | acquired | 29,960 | 53.5415 | 559 | - |
2023-04-03 | Cross Susan Lee | acquired | - | - | 430 | - |
2023-03-30 | Al Obaidat Nazar | sold (taxes) | -18,495 | 231 | -80.00 | chief investment officer |
2023-03-30 | Ni David Kang-Wen | sold (taxes) | -13,871 | 231 | -60.00 | chief strategy officer |
2023-03-30 | Plumb Laurence | sold (taxes) | -6,935 | 231 | -30.00 | chief of business operations |
2023-03-30 | Brockman Paul Michael James | sold (taxes) | -11,790 | 231 | -51.00 | coo & cco |
2023-03-30 | Thaper Seema | sold (taxes) | -11,559 | 231 | -50.00 | chief risk officer |
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS - USD ($) $ in Millions | 3 Months Ended | |
---|---|---|
Mar. 31, 2023 | Mar. 31, 2022 | |
INCOME | ||
Net premiums earned | $ 8 | $ 34 |
Net investment income | 156 | 80 |
Net realized losses | (36) | (37) |
Net unrealized gains (losses) | 224 | (381) |
Other income | 280 | 14 |
Total income | 632 | (290) |
Net incurred losses and loss adjustment expenses | ||
Current period | 10 | 13 |
Prior periods | (10) | (176) |
Total net incurred losses and loss adjustment expenses | 0 | (163) |
Policyholder benefit expenses | 0 | 12 |
Amortization of net deferred charge assets | 17 | 18 |
Acquisition costs | 2 | 8 |
General and administrative expenses | 89 | 85 |
Interest expense | 23 | 25 |
Net foreign exchange (gains) losses | (6) | 3 |
Total expenses | 125 | (12) |
EARNINGS (LOSS) BEFORE INCOME TAXES | 507 | (278) |
Income tax benefit | 1 | 0 |
Earnings from equity method investments | 11 | 31 |
NET EARNINGS (LOSS) | 519 | (247) |
Net earnings attributable to noncontrolling interests | (86) | (11) |
NET EARNINGS (LOSS) ATTRIBUTABLE TO ENSTAR | 433 | (258) |
Dividends on preferred shares | (9) | (9) |
NET EARNINGS (LOSS) ATTRIBUTABLE TO ENSTAR ORDINARY SHAREHOLDERS | $ 424 | $ (267) |
Earnings (loss) per ordinary share attributable to Enstar: | ||
Basic (in dollars per share) | $ 24.97 | $ (15.19) |
Diluted (in dollars per share) | $ 24.79 | $ (15.19) |
Weighted average ordinary shares outstanding: | ||
Basic (in shares) | 16,980,240 | 17,578,019 |
Diluted (in shares) | 17,100,954 | 17,785,121 |
UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions | Mar. 31, 2023 | Dec. 31, 2022 |
---|---|---|
ASSETS | ||
Investments, available-for-sale, at fair value | $ 5,208 | $ 5,261 |
Funds held - directly managed, at fair value | 1,103 | 2,040 |
Equities, at fair value (cost: 2023 — $1,092; 2022 — $1,357) | 1,078 | 1,250 |
Other investments, at fair value (includes consolidated variable interest entity: 2023 - $14; 2022 - $3) | 3,417 | 3,296 |
Equity method investments | 410 | 397 |
Total investments | 13,372 | 14,628 |
Cash and cash equivalents | 828 | 822 |
Restricted cash and cash equivalents | 315 | 508 |
Reinsurance balances recoverable on paid and unpaid losses (net of allowance: 2023 — $135; 2022 — $131) | 883 | 856 |
Reinsurance balances recoverable on paid and unpaid losses, at fair value (Note 9) | 265 | 275 |
Insurance balances recoverable (net of allowance: 2023 and 2022 — $5) (Note 8) | 176 | 177 |
Funds held by reinsured companies | 3,258 | 3,582 |
Net deferred charge assets (Note 5) | 641 | 658 |
Other assets | 607 | 648 |
TOTAL ASSETS | 20,345 | 22,154 |
LIABILITIES | ||
Losses and loss adjustment expenses (Note 6) | 10,936 | 11,721 |
Losses and loss adjustment expenses, at fair value (Note 6 and Note 9) | 1,250 | 1,286 |
Life liabilities, carrying value | 0 | 821 |
Defendant asbestos and environmental liabilities (Note 8) | 596 | 607 |
Insurance and reinsurance balances payable | 74 | 100 |
Debt obligations | 1,830 | 1,829 |
Other liabilities | 605 | 462 |
TOTAL LIABILITIES | 15,291 | 16,826 |
COMMITMENTS AND CONTINGENCIES (Note 15) | ||
REDEEMABLE NONCONTROLLING INTERESTS (Note 11) | 170 | 168 |
SHAREHOLDERS’ EQUITY (Note 12) | ||
Joint Share Ownership Plan (voting ordinary shares, held in trust 2023 and 2022: 565,630) | (1) | (1) |
Additional paid-in capital | 440 | 766 |
Accumulated other comprehensive loss | (496) | (302) |
Retained earnings | 4,830 | 4,406 |
Total Enstar Shareholders’ Equity | 4,877 | 4,974 |
Noncontrolling interests (Note 11) | 7 | 186 |
TOTAL SHAREHOLDERS’ EQUITY | 4,884 | 5,160 |
TOTAL LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS AND SHAREHOLDERS’ EQUITY | 20,345 | 22,154 |
Voting Ordinary shares (issued and outstanding 2023: 16,010,758; 2022: 15,990,338) | ||
SHAREHOLDERS’ EQUITY (Note 12) | ||
Ordinary shares | 16 | 16 |
Non-voting convertible ordinary Series C Shares (issued and outstanding 2023: 0; 2022: 1,192,941) | ||
SHAREHOLDERS’ EQUITY (Note 12) | ||
Ordinary shares | 0 | 1 |
Non-voting convertible ordinary Series E Shares (issued and outstanding 2023: 0; 2022: 404,771) | ||
SHAREHOLDERS’ EQUITY (Note 12) | ||
Ordinary shares | 0 | 0 |
Series C Preferred Shares (issued and held in treasury 2023 and 2022: 388,571) | ||
SHAREHOLDERS’ EQUITY (Note 12) | ||
Preferred Shares | 0 | 0 |
Treasury shares, at cost (Series C Preferred shares 2023 and 2022: 388,571) | (422) | (422) |
Series D Preferred Shares (issued and outstanding 2023 and 2022: 16,000; liquidation preference $400) | ||
SHAREHOLDERS’ EQUITY (Note 12) | ||
Preferred Shares | 400 | 400 |
Series E Preferred Shares (issued and outstanding 2023 and 2022: 4,400; liquidation preference $110) | ||
SHAREHOLDERS’ EQUITY (Note 12) | ||
Preferred Shares | 110 | 110 |
Short-term Investments | ||
ASSETS | ||
Investments, trading, at fair value | 3 | 14 |
Investments, available-for-sale, at fair value | 25 | 38 |
Fixed maturity investments | ||
ASSETS | ||
Investments, trading, at fair value | 2,153 | 2,370 |
Investments, available-for-sale, at fair value | $ 5,183 | $ 5,223 |