Insight and Intelligence on the London & International Insurance Markets 24 Apr 2018
StarStone: the multi-platform insurer
- 10 April 2018
Insurers requesting the confidential sales materials for StarStone will find a global specialty insurer in far ruder health than the one which Enstar acquired from its private equity backers in 2014.
However, although the business - bought by the legacy player as a turnaround project - has reached underlying profitability it is yet to deliver a high return on equity to its owners.
As such the pitch is likely to rely upon a continuation of the steady improvement in underwriting,...
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