28 February 2017Insurance

Enstar Group adds new director to board

Bermuda legacy specialist Enstar Group has appointed Jie Liu to its board of directors.

Liu is a managing director of Hillhouse Capital Management. Prior to that, he was the head of credit and a senior portfolio manager for Sentry Investments. Liu has also served as a fixed income research analyst at RBC Capital Markets and a credit rating specialist at Standard & Poor.

Dominic Silvester, Enstar's chief executive officer, said: "We have worked alongside Jie in recent months as Hillhouse became a significant shareholder in Enstar and a strategic partner in KaylaRe.

"In addition to his expertise in investments, he brings a global perspective to our board and we are confident he will be a strong contributor to Enstar."

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More on this story

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28 February 2017   Enstar Group enjoyed a profitable 2016 and also solid growth. But it also warned that if pricing in many lines of business continues to deteriorate, its underwriting margins may suffer and it may need to write less premium in certain lines of business.
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28 February 2017   StarStone, which was formerly known as Torus and which is now owned by Bermuda-based Enstar, has almost doubled its profits in 2016 despite what it described as challenging circumstances.