Enstar’s Enhanzed Re buys back 24.9% stake from Allianz for $174mn
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Enstar’s Enhanzed Re buys back 24.9% stake from Allianz for $174mn

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Enstar subsidiary Enhanzed Re has struck a deal with Allianz to repurchase the 24.9% non-controlling ownership interest the German carrier held for $174mn.

The deal was sealed on December 28, 2022, Enstar’s regulatory filings show. The purchase price will be subject to a post-closing adjustment based on the final net book value of Enhanzed Re as of December 31, 2022.

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