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Enstar Group reports higher YOY net earnings for Q1

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Enstar Group reports higher YOY net earnings for Q1

Enstar Group Ltd.on May 6 reported first-quarter net earnings attributable to the company of $45.5million, or $2.35 per share, compared with $44.8 million, or $2.32 per share, forthe first quarter of 2015.

Comprehensive income attributable to Enstar totaled $61.6 million,compared with $27.5 million in the prior-year quarter.

Net premiums earned totaled $209.4 million for the quarter, comparedwith $198.9 million in the year-ago period. Shareholders' equity at March 31 amountedto $132.85 per share, up from $129.65 per share at Dec. 31, 2015.