Enstar withdraws from Enhanzed Re JV with Allianz
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Enstar withdraws from Enhanzed Re JV with Allianz

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Enstar, through its subsidiary Cavello Bay Reinsurance, is to end its involvement in Enhanzed Re, a joint vehicle with Allianz.

According to an agreement signed yesterday, Cavello Bay, which owns 75.1% of Enhanzed Re, will begin a series of transactions that will commute or novate all the reinsurance contracts written by Enhanzed Re to an affiliate of Allianz.

The

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