Benzinga | Jul 27, 2021 05:01PM EDT

Enstar Announces ADC Agreement With RSA

The adverse development cover will provide ?400 million of aggregate coverage in excess of a ?2.595 billion retention on losses occurring on or prior to December 31, 2020 on a diversified mix of commercial and personal insurance lines risks. Enstar and RSA will co-participate on the cover, with Enstar providing 50% and RSA retaining the remaining 50%.