> l \pThe Free Software Foundation B=PF0*8X@"1 Helvetica1Courier1Courier New1Courier New1 Helvetica$#,##0_);($#,##0)$#,##0_);[Red]($#,##0)$#,##0.00_);($#,##0.00)$#,##0.00_);[Red]($#,##0.00)**_($* #,##0_);_($* (#,##0);_($* ""_);_(@_)*)'_(* #,##0_);_(* (#,##0);_(* ""_);_(@_)5,2_($* #,##0.00_);_($* (#,##0.00);_($* ""??_);_(@_)2+/_(* #,##0.00_);_(* (#,##0.00);_(* ""??_);_(@_)2$#,##0.00;[Red]$#,##0.003$#,##0.00;[Red]($#,##0.00)4$#,##0;[Red]($#,##00)50.00%;[Red](0.00%)60%;[Red](0%)7#,##0.00;[Red](#,##0.00)8#,##0;[Red](#,##0) + ) , * Ј ~~ ؈ ~~#؈ ~~"؈ ~~ ؈ ~~<#܈ ~~"؈ ~~8#܈ ~~<"܈ ~~4#܈ ~~7#܈ ~~3#܈ ~~8"܈ ~~83ffff̙̙3f3fff3f3f33333f33NO TITLE9Hamilton HM JXbHamilton HM JX (1)&BReserves for Unpaid Losses and Reserves for Unpaid (1)3Reserves for Unpaid (2)#Reserves for Unpaid (3)cLReserves for Unpaid (4)QxReserves for Unpaid (5)Reserves for Unpaid (6)General A038E Exposures&Investment Committee and Invest$Equities[FEquities (1)pEquities (2)&'Minimum Solvency Margin and Res#,Minimum Solvency Margin (1)&6Conducting Insurance Business iQCapital Releases%RiskBased Capital Requirements7 RiskBased Capital (1):Credit for Reinsurance&[Our past and future acquisition&#~Fluctuations in the reinsurance&ޝOur stock price may experience &Changes in US federal income ta!,Changes in US federal (1)&aCOMPARISON OF 5 YEAR CUMULATIVE yCOMPARISON OF 5 YEAR (1) _COMPARISON OF 5 YEAR (2)NO TITLE (1) dCOMPARISON OF 5 YEAR (3)&'Net reduction in ultimate loss &Loss and Loss Adjustment Expens$S*Loss and Loss Adjustment (1)&LAnnual Loss and Loss AdjustmentXk
Latent Claims& 2 35 Billion Ultimate Industry !2 35 Billion Ultimate (1)!2 35 Billion Ultimate (2)!Fixed Maturity InvestmentsmFixed Maturity (1)T9Fixed Maturity (2)&aWNet Investment Income and Net R%{Net Investment Income and (1)%Net Investment Income and (2)%ONet Investment Income and (3)%Net Investment Income and (4)%Net Investment Income and (5)%41Net Investment Income and (6)%RONet Investment Income and (7)%pmNet Investment Income and (8)%Net Investment Income and (9)&vNet Investment Income and (10)&Net Investment Income and (11)&Net Investment Income and (12)&Net Investment Income and (13)&$Net Investment Income and (14)&HNet Investment Income and (15)&jNet Investment Income and (16)&ɍNet Investment Income and (17)&Net Investment Income and (18)&Net Investment Income and (19)& Net Investment Income and (20)&= Net Investment Income and (21)&# Net Investment Income and (22)&JA Net Investment Income and (23)&g_ Net Investment Income and (24)} Reinsurance RecoverablesQ Reinsurance Rec (1)& Aggregate Contractual Obligatio& of Investments Classified as Tr%X
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OtherThanTemporary Impairment P4OtherThanTemporary (1)\OtherThanTemporary (2)OtherThanTemporary (3)dOtherThanTemporary (4)?OtherThanTemporary (5)OtherThanTemporary (6)gOtherThanTemporary (7)OtherThanTemporary (8)AOtherThanTemporary (9)eOtherThanTemporary (10)نOtherThanTemporary (11)OtherThanTemporary (12)OtherThanTemporary (13)OtherThanTemporary (14)&iii Enstar Group Limited Employ$!iii Enstar Group Limited (1)$?iii Enstar Group Limited (2)$`hiii Enstar Group Limited (3)$iii Enstar Group Limited (4)$Hiii Enstar Group Limited (5)$iii Enstar Group Limited (6)$` iii Enstar Group Limited (7)$,iii Enstar Group Limited (8)$Niii Enstar Group Limited (9)%iiii Enstar Group Limited (10)%iii Enstar Group Limited (11)%iii Enstar Group Limited (12)%ciii Enstar Group Limited (13)%rHiii Enstar Group Limited (14)%iii Enstar Group Limited (15)Balance Sheet (1)DIncome Statemen (1)9Cash Flows (1)bSummary CompensationzBeneficial Ownership&ϓ2 Financial Statement Schedules!2 Financial Statement (1)!2 Financial Statement (2)!Y2 Financial Statement (3)!u2 Financial Statement (4)!e2 Financial Statement (5)!2 Financial Statement (6)!2 Financial Statement (7)!^2 Financial Statement (8)tzLISTING OF SUBSIDIARIESLISTING OF SUBS (1)NO TITLE (2)ENO TITLE (3)%NO TITLE (4)LNO TITLE (5) nNO TITLE (6)
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EquitiesEquities (1)Equities (2)!Minimum Solvency Margin and ResMinimum Solvency Margin (1)!Conducting Insurance Business iCapital Releases RiskBased Capital RequirementsRiskBased Capital (1)Credit for Reinsurance!Our past and future acquisition!Fluctuations in the reinsurance!Our stock price may experience !Changes in US federal income taChanges in US federal (1)!COMPARISON OF 5 YEAR CUMULATIVECOMPARISON OF 5 YEAR (1)COMPARISON OF 5 YEAR (2)NO TITLE (1)COMPARISON OF 5 YEAR (3)!Net reduction in ultimate loss !Loss and Loss Adjustment ExpensLoss and Loss Adjustment (1)!Annual Loss and Loss Adjustment
Latent Claims!2 35 Billion Ultimate Industry 2 35 Billion Ultimate (1)2 35 Billion Ultimate (2)Fixed Maturity InvestmentsFixed Maturity (1)Fixed Maturity (2)!Net Investment Income and Net R Net Investment Income and (1) Net Investment Income and (2) Net Investment Income and (3) Net Investment Income and (4) Net Investment Income and (5) Net Investment Income and (6) Net Investment Income and (7) Net Investment Income and (8) Net Investment Income and (9)!Net Investment Income and (10)!Net Investment Income and (11)!Net Investment Income and (12)!Net Investment Income and (13)!Net Investment Income and (14)!Net Investment Income and (15)!Net Investment Income and (16)!Net Investment Income and (17)!Net Investment Income and (18)!Net Investment Income and (19)!Net Investment Income and (20)!Net Investment Income and (21)!Net Investment Income and (22)!Net Investment Income and (23)!Net Investment Income and (24)Reinsurance RecoverablesReinsurance Rec (1)!Aggregate Contractual Obligatio!of Investments Classified as Tr of Investments Classified (1) of Investments Classified (2) of Investments Classified (3)
Balance SheetIncome Statement of Investments Classified (4)Shareholders Equity
Cash Flows
EGI and BHEGI and BH (1)EGI and BH (2)EGI and BH (3)EGI and BH (4)EGI and BH (5)EGI and BH (6)EGI and BH (7)EGI and BH (8)EGI and BH (9)EGI and BH (10)EGI and BH (11)EGI and BH (12)EGI and BH (13)EGI and BH (14)EGI and BH (15)EGI and BH (16)EGI and BH (17)EGI and BH (18)EGI and BH (19)EGI and BH (20)EGI and BH (21)EGI and BH (22)EGI and BH (23)Constellation ReinsuranceConstellation R (1)Constellation R (2)Constellation R (3)Constellation R (4)Constellation R (5)Constellation R (6)Constellation R (7)Constellation R (8)Constellation R (9)Constellation R (10)Constellation R (11)Constellation R (12)Constellation R (13)Constellation R (14)Constellation R (15)Constellation R (16)Constellation R (17)Constellation R (18)!OtherThanTemporary Impairment POtherThanTemporary (1)OtherThanTemporary (2)OtherThanTemporary (3)OtherThanTemporary (4)OtherThanTemporary (5)OtherThanTemporary (6)OtherThanTemporary (7)OtherThanTemporary (8)OtherThanTemporary (9)OtherThanTemporary (10)OtherThanTemporary (11)OtherThanTemporary (12)OtherThanTemporary (13)OtherThanTemporary (14)!iii Enstar Group Limited Employiii Enstar Group Limited (1)iii Enstar Group Limited (2)iii Enstar Group Limited (3)iii Enstar Group Limited (4)iii Enstar Group Limited (5)iii Enstar Group Limited (6)iii Enstar Group Limited (7)iii Enstar Group Limited (8)iii Enstar Group Limited (9) iii Enstar Group Limited (10) iii Enstar Group Limited (11) iii Enstar Group Limited (12) iii Enstar Group Limited (13) iii Enstar Group Limited (14) iii Enstar Group Limited (15)Balance Sheet (1)Income Statemen (1)Cash Flows (1)Summary CompensationBeneficial Ownership!2 Financial Statement Schedules2 Financial Statement (1)2 Financial Statement (2)2 Financial Statement (3)2 Financial Statement (4)2 Financial Statement (5)2 Financial Statement (6)2 Financial Statement (7)2 Financial Statement (8)LISTING OF SUBSIDIARIESLISTING OF SUBS (1)NO TITLE (2)NO TITLE (3)NO TITLE (4)NO TITLE (5)NO TITLE (6)U }$ }$4
Enstar Group LTD10K
03/04/2010NO TITLE / 'ANNUAL REPORT PURSUANT TO SECTION 13 OR
/
'15(d) OF THE SECURITIES EXCHANGE ACT OF~
:3+For the fiscal year ended December 31, 2009
or0(TRANSITION REPORT PURSUANT TO SECTION 13/'OR 15(d) OF THE SECURITIES EXCHANGE ACTOF 1934+#For the transition period from to$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/2AzVK={4(=PF0*8X>
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NO TITLEHamilton HM JX (1)!Reserves for Unpaid Losses and Reserves for Unpaid (1)Reserves for Unpaid (2)Reserves for Unpaid (3)Reserves for Unpaid (4)Reserves for Unpaid (5)Reserves for Unpaid (6)General A038E Exposures!Investment Committee and Invest
EquitiesEquities (1)Equities (2)!Minimum Solvency Margin and ResMinimum Solvency Margin (1)!Conducting Insurance Business iCapital Releases RiskBased Capital RequirementsRiskBased Capital (1)Credit for Reinsurance!Our past and future acquisition!Fluctuations in the reinsurance!Our stock price may experience !Changes in US federal income taChanges in US federal (1)!COMPARISON OF 5 YEAR CUMULATIVECOMPARISON OF 5 YEAR (1)COMPARISON OF 5 YEAR (2)NO TITLE (1)COMPARISON OF 5 YEAR (3)!Net reduction in ultimate loss !Loss and Loss Adjustment ExpensLoss and Loss Adjustment (1)!Annual Loss and Loss Adjustment
Latent Claims!2 35 Billion Ultimate Industry 2 35 Billion Ultimate (1)2 35 Billion Ultimate (2)Fixed Maturity InvestmentsFixed Maturity (1)Fixed Maturity (2)!Net Investment Income and Net R Net Investment Income and (1) Net Investment Income and (2) Net Investment Income and (3) Net Investment Income and (4) Net Investment Income and (5) Net Investment Income and (6) Net Investment Income and (7) Net Investment Income and (8) Net Investment Income and (9)!Net Investment Income and (10)!Net Investment Income and (11)!Net Investment Income and (12)!Net Investment Income and (13)!Net Investment Income and (14)!Net Investment Income and (15)!Net Investment Income and (16)!Net Investment Income and (17)!Net Investment Income and (18)!Net Investment Income and (19)!Net Investment Income and (20)!Net Investment Income and (21)!Net Investment Income and (22)!Net Investment Income and (23)!Net Investment Income and (24)Reinsurance RecoverablesReinsurance Rec (1)!Aggregate Contractual Obligatio!of Investments Classified as Tr of Investments Classified (1) of Investments Classified (2) of Investments Classified (3)
Balance SheetIncome Statement of Investments Classified (4)Shareholders Equity
Cash Flows
EGI and BHEGI and BH (1)EGI and BH (2)EGI and BH (3)EGI and BH (4)EGI and BH (5)EGI and BH (6)EGI and BH (7)EGI and BH (8)EGI and BH (9)EGI and BH (10)EGI and BH (11)EGI and BH (12)EGI and BH (13)EGI and BH (14)EGI and BH (15)EGI and BH (16)EGI and BH (17)EGI and BH (18)EGI and BH (19)EGI and BH (20)EGI and BH (21)EGI and BH (22)EGI and BH (23)Constellation ReinsuranceConstellation R (1)Constellation R (2)Constellation R (3)Constellation R (4)Constellation R (5)Constellation R (6)Constellation R (7)Constellation R (8)Constellation R (9)Constellation R (10)Constellation R (11)Constellation R (12)Constellation R (13)Constellation R (14)Constellation R (15)Constellation R (16)Constellation R (17)Constellation R (18)!OtherThanTemporary Impairment POtherThanTemporary (1)OtherThanTemporary (2)OtherThanTemporary (3)OtherThanTemporary (4)OtherThanTemporary (5)OtherThanTemporary (6)OtherThanTemporary (7)OtherThanTemporary (8)OtherThanTemporary (9)OtherThanTemporary (10)OtherThanTemporary (11)OtherThanTemporary (12)OtherThanTemporary (13)OtherThanTemporary (14)!iii Enstar Group Limited Employiii Enstar Group Limited (1)iii Enstar Group Limited (2)iii Enstar Group Limited (3)iii Enstar Group Limited (4)iii Enstar Group Limited (5)iii Enstar Group Limited (6)iii Enstar Group Limited (7)iii Enstar Group Limited (8)iii Enstar Group Limited (9) iii Enstar Group Limited (10) iii Enstar Group Limited (11) iii Enstar Group Limited (12) iii Enstar Group Limited (13) iii Enstar Group Limited (14) iii Enstar Group Limited (15)Balance Sheet (1)Income Statemen (1)Cash Flows (1)Summary CompensationBeneficial Ownership!2 Financial Statement Schedules2 Financial Statement (1)2 Financial Statement (2)2 Financial Statement (3)2 Financial Statement (4)2 Financial Statement (5)2 Financial Statement (6)2 Financial Statement (7)2 Financial Statement (8)LISTING OF SUBSIDIARIESLISTING OF SUBS (1)NO TITLE (2)NO TITLE (3)NO TITLE (4)NO TITLE (5)NO TITLE (6)U }y
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9
Enstar Group LTD10K
03/04/2010Hamilton HM JX Page
PART IItem 1.Business~
Item 1A.
Risk Factors
~
Item 1B.!Unresolved Staff Comments~
Item 2.
Properties~
Item 3.Legal Proceedings~
PART IIItem 5.2*Market for the Registrant s Common Equity,~
.&Related Stockholder Matters and Issuer&Purchases of Equity SecuritiesItem 6.Selected Financial Data~
Item 7./'Management s Discussion and Analysis of~
5Financial Condition and Results of OperationsItem 7A.0(Quantitative and Qualitative Information~
About Market RiskItem 8..&Financial Statements and Supplementary~
DataItem 9.5Changes in and Disagreements with Accountants~
.&on Accounting and Financial DisclosureItem 9A.Controls and Procedures~
Dlt ]u},q< !"#$%&'()*+,./012345678 Item 9B. Other Information ~
!"PART III#Item 10.#/#'Directors and Executive Officers of the##~
##$$$
Registrant%Item 11.%%Executive Compensation%%~
%%&Item 12.&0&(Security Ownership of Certain Beneficial&&~
&&''5'Owners and Management and Related Stockholder(((Matters)Item 13.)6).Certain Relationships and Related Transactions))~
))*Item 14.*.*&Principal Accountant Fees and Services**~
**+,PART IVItem 15./'Exhibits, Financial Statement Schedules~
. LIST OF SUBSIDIARIES'/ CONSENT OF DELOITTE & TOUCHE0 EXHIBIT 31.11 EXHIBIT 31.22 EXHIBIT 32.13 EXHIBIT 32.245$6____________________________17)Created by Morningstar Document Research.08(http://documentresearch.morningstar.com/6qJsH8,qF+=PF0*8X>
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NO TITLEHamilton HM JX!Reserves for Unpaid Losses and Reserves for Unpaid (1)Reserves for Unpaid (2)Reserves for Unpaid (3)Reserves for Unpaid (4)Reserves for Unpaid (5)Reserves for Unpaid (6)General A038E Exposures!Investment Committee and Invest
EquitiesEquities (1)Equities (2)!Minimum Solvency Margin and ResMinimum Solvency Margin (1)!Conducting Insurance Business iCapital Releases RiskBased Capital RequirementsRiskBased Capital (1)Credit for Reinsurance!Our past and future acquisition!Fluctuations in the reinsurance!Our stock price may experience !Changes in US federal income taChanges in US federal (1)!COMPARISON OF 5 YEAR CUMULATIVECOMPARISON OF 5 YEAR (1)COMPARISON OF 5 YEAR (2)NO TITLE (1)COMPARISON OF 5 YEAR (3)!Net reduction in ultimate loss !Loss and Loss Adjustment ExpensLoss and Loss Adjustment (1)!Annual Loss and Loss Adjustment
Latent Claims!2 35 Billion Ultimate Industry 2 35 Billion Ultimate (1)2 35 Billion Ultimate (2)Fixed Maturity InvestmentsFixed Maturity (1)Fixed Maturity (2)!Net Investment Income and Net R Net Investment Income and (1) Net Investment Income and (2) Net Investment Income and (3) Net Investment Income and (4) Net Investment Income and (5) Net Investment Income and (6) Net Investment Income and (7) Net Investment Income and (8) Net Investment Income and (9)!Net Investment Income and (10)!Net Investment Income and (11)!Net Investment Income and (12)!Net Investment Income and (13)!Net Investment Income and (14)!Net Investment Income and (15)!Net Investment Income and (16)!Net Investment Income and (17)!Net Investment Income and (18)!Net Investment Income and (19)!Net Investment Income and (20)!Net Investment Income and (21)!Net Investment Income and (22)!Net Investment Income and (23)!Net Investment Income and (24)Reinsurance RecoverablesReinsurance Rec (1)!Aggregate Contractual Obligatio!of Investments Classified as Tr of Investments Classified (1) of Investments Classified (2) of Investments Classified (3)
Balance SheetIncome Statement of Investments Classified (4)Shareholders Equity
Cash Flows
EGI and BHEGI and BH (1)EGI and BH (2)EGI and BH (3)EGI and BH (4)EGI and BH (5)EGI and BH (6)EGI and BH (7)EGI and BH (8)EGI and BH (9)EGI and BH (10)EGI and BH (11)EGI and BH (12)EGI and BH (13)EGI and BH (14)EGI and BH (15)EGI and BH (16)EGI and BH (17)EGI and BH (18)EGI and BH (19)EGI and BH (20)EGI and BH (21)EGI and BH (22)EGI and BH (23)Constellation ReinsuranceConstellation R (1)Constellation R (2)Constellation R (3)Constellation R (4)Constellation R (5)Constellation R (6)Constellation R (7)Constellation R (8)Constellation R (9)Constellation R (10)Constellation R (11)Constellation R (12)Constellation R (13)Constellation R (14)Constellation R (15)Constellation R (16)Constellation R (17)Constellation R (18)!OtherThanTemporary Impairment POtherThanTemporary (1)OtherThanTemporary (2)OtherThanTemporary (3)OtherThanTemporary (4)OtherThanTemporary (5)OtherThanTemporary (6)OtherThanTemporary (7)OtherThanTemporary (8)OtherThanTemporary (9)OtherThanTemporary (10)OtherThanTemporary (11)OtherThanTemporary (12)OtherThanTemporary (13)OtherThanTemporary (14)!iii Enstar Group Limited Employiii Enstar Group Limited (1)iii Enstar Group Limited (2)iii Enstar Group Limited (3)iii Enstar Group Limited (4)iii Enstar Group Limited (5)iii Enstar Group Limited (6)iii Enstar Group Limited (7)iii Enstar Group Limited (8)iii Enstar Group Limited (9) iii Enstar Group Limited (10) iii Enstar Group Limited (11) iii Enstar Group Limited (12) iii Enstar Group Limited (13) iii Enstar Group Limited (14) iii Enstar Group Limited (15)Balance Sheet (1)Income Statemen (1)Cash Flows (1)Summary CompensationBeneficial Ownership!2 Financial Statement Schedules2 Financial Statement (1)2 Financial Statement (2)2 Financial Statement (3)2 Financial Statement (4)2 Financial Statement (5)2 Financial Statement (6)2 Financial Statement (7)2 Financial Statement (8)LISTING OF SUBSIDIARIESLISTING OF SUBS (1)NO TITLE (2)NO TITLE (3)NO TITLE (4)NO TITLE (5)NO TITLE (6)U }$ }=
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Enstar Group LTD10K
03/04/2010Hamilton HM JX / 'Solidify Our Leadership Position in the
1
)RunOff Market by Leveraging Management s1)Experience and Relationships. We continue/'to utilize the extensive experience and
/
'significant relationships of our senior0(management team to solidify our position1)as a leader in the runoff segment of the%insurance and reinsurance market. The3+experience and reputation of our management2*team is expected to generate opportunities1)for us to acquire or manage companies and7/portfolios in runoff, and to price effectively91the acquisition or management of such businesses.3+Most importantly, we believe the experience/'of our management team will continue to91allow us to manage the runoff of such businesses#efficiently and profitably.91Professionally Manage Claims. We are professional2*and disciplined in managing claims against2*companies and portfolios we own or manage..&Our management understands the need to.&dispose of certain risks expeditiouslyD ltPk ? 4 ,and costeffectively by constantly analyzing!!6!.changes in the market and efficiently settling""5"claims with the assistance of our experienced##2#*claims adjusters and inhouse and external$$/$'legal counsel. When we acquire or begin%%5%managing a company or portfolio, we initially&&0&(determine which claims are valid through''1')the use of experienced inhouse adjusters((/('and claims experts. We pay valid claims));)3on a timely basis, while relying on welldocumented**4*,policy terms and exclusions where applicable++/+'and litigation when necessary to defend,,4,,against paying invalid claims under existing,$policies and reinsurance agreements..///%Commute Assumed Liabilities and Ceded0030+Reinsurance Assets. Using detailed analysis11/1'and actuarial projections, we negotiate22/2'with the policyholders of the insurance33/3'and reinsurance companies or portfolios4414)we own or manage with a goal of commuting555%insurance and reinsurance liabilities6616)for one or more agreed upon payments at a7707(discount to the ultimate liability. Such8808(commutations can take the form of policy99,9$buybacks and structured settlements::0:(over fixed periods of time. By acquiring;;6;.companies that are direct insurers, reinsurers<<3<+or both, we are able to negotiate favorable==0=(entitywide commutations with reinsurers>>6>.that would not be possible if our subsidiaries???%had remained independent entities. WeDl^
t#?M`{0Mm!4@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_@@1@)also negotiate with reinsurers to commuteAA.A&their reinsurance agreements providingBB2B*coverage to our subsidiaries on terms thatCC8C0we believe to be favorable based on thencurrentDD0D(market knowledge. We invest the proceedsEE.E&from reinsurance commutations with theFF.F&expectation that such investments willGG0G(produce income, which, together with theHH0H(principal, will be sufficient to satisfyII.I&future obligations with respect to theJJ&Jacquired company or portfolio.KLL0L(Continue to Commit to Highly DisciplinedMM/M'Acquisition, Management and ReinsuranceNN4N,Practices. We utilize a disciplined approachOO5Oto minimize risk and increase the probabilityPP4P,of positive operating results from companiesQQ/Q'and portfolios we acquire or manage. WeRR/R'carefully review acquisition candidatesSS2S*and management engagements for consistencyTT2T*with accomplishing our longterm objectiveUU0U(of producing positive operating results.VV5VWe focus our investigation on risk exposures,WW2W*claims practices and reserve requirements.XX.X&In particular, we carefully review allYYY%outstanding claims and case reserves,ZZ0Z(and follow a highly disciplined approach[[[%to managing allocated loss adjustment\\6\.expenses, such as the cost of defense counsel,]]7]/expert witnesses and related fees and expenses.^___%Prudent Management of Investments andDli{1Ok /K`3E`abcdefghijklmnopqrstuvwx``7`/Capital. We strive to structure our investmentsaa1a)in a manner that recognizes our liquiditybb5bneeds for future liabilities. In that regard,cc0c(we attempt to correlate the maturity anddd/d'duration of our investment portfolio toee7e/our general liability profile. If our liquidityff7f/needs or general liability profile unexpectedlygg0g(change, we may not continue to structurehh/h'our investment portfolio in its currentii/i'manner and would adjust as necessary tojj2j*meet new business needs. We pursue prudentkk/k'capital management relative to our riskll.l&exposure and liquidity requirements tomm,m$maximize profitability and longtermnn0n(growth in shareholder value. Our capitaloo0o(management strategy is to deploy capitalpp5pefficiently to acquisitions and to establish,qq1q)and reestablish when necessary, adequaterr/r'loss reserves to protect against futuresssadverse developments.tu$v____________________________1w)Created by Morningstar Document Research.0x(http://documentresearch.morningstar.com/6`x%;W
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NO TITLEHamilton HM JXHamilton HM JX (1)Reserves for Unpaid (1)Reserves for Unpaid (2)Reserves for Unpaid (3)Reserves for Unpaid (4)Reserves for Unpaid (5)Reserves for Unpaid (6)General A038E Exposures!Investment Committee and Invest
EquitiesEquities (1)Equities (2)!Minimum Solvency Margin and ResMinimum Solvency Margin (1)!Conducting Insurance Business iCapital Releases RiskBased Capital RequirementsRiskBased Capital (1)Credit for Reinsurance!Our past and future acquisition!Fluctuations in the reinsurance!Our stock price may experience !Changes in US federal income taChanges in US federal (1)!COMPARISON OF 5 YEAR CUMULATIVECOMPARISON OF 5 YEAR (1)COMPARISON OF 5 YEAR (2)NO TITLE (1)COMPARISON OF 5 YEAR (3)!Net reduction in ultimate loss !Loss and Loss Adjustment ExpensLoss and Loss Adjustment (1)!Annual Loss and Loss Adjustment
Latent Claims!2 35 Billion Ultimate Industry 2 35 Billion Ultimate (1)2 35 Billion Ultimate (2)Fixed Maturity InvestmentsFixed Maturity (1)Fixed Maturity (2)!Net Investment Income and Net R Net Investment Income and (1) Net Investment Income and (2) Net Investment Income and (3) Net Investment Income and (4) Net Investment Income and (5) Net Investment Income and (6) Net Investment Income and (7) Net Investment Income and (8) Net Investment Income and (9)!Net Investment Income and (10)!Net Investment Income and (11)!Net Investment Income and (12)!Net Investment Income and (13)!Net Investment Income and (14)!Net Investment Income and (15)!Net Investment Income and (16)!Net Investment Income and (17)!Net Investment Income and (18)!Net Investment Income and (19)!Net Investment Income and (20)!Net Investment Income and (21)!Net Investment Income and (22)!Net Investment Income and (23)!Net Investment Income and (24)Reinsurance RecoverablesReinsurance Rec (1)!Aggregate Contractual Obligatio!of Investments Classified as Tr of Investments Classified (1) of Investments Classified (2) of Investments Classified (3)
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Latent Claims!2 35 Billion Ultimate Industry 2 35 Billion Ultimate (1)2 35 Billion Ultimate (2)Fixed Maturity InvestmentsFixed Maturity (1)Fixed Maturity (2)!Net Investment Income and Net R Net Investment Income and (1) Net Investment Income and (2) Net Investment Income and (3) Net Investment Income and (4) Net Investment Income and (5) Net Investment Income and (6) Net Investment Income and (7) Net Investment Income and (8) Net Investment Income and (9)!Net Investment Income and (10)!Net Investment Income and (11)!Net Investment Income and (12)!Net Investment Income and (13)!Net Investment Income and (14)!Net Investment Income and (15)!Net Investment Income and (16)!Net Investment Income and (17)!Net Investment Income and (18)!Net Investment Income and (19)!Net Investment Income and (20)!Net Investment Income and (21)!Net Investment Income and (22)!Net Investment Income and (23)!Net Investment Income and (24)Reinsurance RecoverablesReinsurance Rec (1)!Aggregate Contractual Obligatio!of Investments Classified as Tr of Investments Classified (1) of Investments Classified (2) of Investments Classified (3)
Balance SheetIncome Statement of Investments Classified (4)Shareholders Equity
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EGI and BHEGI and BH (1)EGI and BH (2)EGI and BH (3)EGI and BH (4)EGI and BH (5)EGI and BH (6)EGI and BH (7)EGI and BH (8)EGI and BH (9)EGI and BH (10)EGI and BH (11)EGI and BH (12)EGI and BH (13)EGI and BH (14)EGI and BH (15)EGI and BH (16)EGI and BH (17)EGI and BH (18)EGI and BH (19)EGI and BH (20)EGI and BH (21)EGI and BH (22)EGI and BH (23)Constellation ReinsuranceConstellation R (1)Constellation R (2)Constellation R (3)Constellation R (4)Constellation R (5)Constellation R (6)Constellation R (7)Constellation R (8)Constellation R (9)Constellation R (10)Constellation R (11)Constellation R (12)Constellation R (13)Constellation R (14)Constellation R (15)Constellation R (16)Constellation R (17)Constellation R (18)!OtherThanTemporary Impairment POtherThanTemporary (1)OtherThanTemporary (2)OtherThanTemporary (3)OtherThanTemporary (4)OtherThanTemporary (5)OtherThanTemporary (6)OtherThanTemporary (7)OtherThanTemporary (8)OtherThanTemporary (9)OtherThanTemporary (10)OtherThanTemporary (11)OtherThanTemporary (12)OtherThanTemporary (13)OtherThanTemporary (14)!iii Enstar Group Limited Employiii Enstar Group Limited (1)iii Enstar Group Limited (2)iii Enstar Group Limited (3)iii Enstar Group Limited (4)iii Enstar Group Limited (5)iii Enstar Group Limited (6)iii Enstar Group Limited (7)iii Enstar Group Limited (8)iii Enstar Group Limited (9) iii Enstar Group Limited (10) iii Enstar Group Limited (11) iii Enstar Group Limited (12) iii Enstar Group Limited (13) iii Enstar Group Limited (14) iii Enstar Group Limited (15)Balance Sheet (1)Income Statemen (1)Cash Flows (1)Summary CompensationBeneficial Ownership!2 Financial Statement Schedules2 Financial Statement (1)2 Financial Statement (2)2 Financial Statement (3)2 Financial Statement (4)2 Financial Statement (5)2 Financial Statement (6)2 Financial Statement (7)2 Financial Statement (8)LISTING OF SUBSIDIARIESLISTING OF SUBS (1)NO TITLE (2)NO TITLE (3)NO TITLE (4)NO TITLE (5)NO TITLE (6)U }1}$ }I}$ }I}
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03/04/2010>6Reserves for Unpaid Losses and Loss Adjustment Expense
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NO TITLEHamilton HM JXHamilton HM JX (1)!Reserves for Unpaid Losses and Reserves for Unpaid (1)Reserves for Unpaid (2)Reserves for Unpaid (3)Reserves for Unpaid (4)Reserves for Unpaid (5)General A038E Exposures!Investment Committee and Invest
EquitiesEquities (1)Equities (2)!Minimum Solvency Margin and ResMinimum Solvency Margin (1)!Conducting Insurance Business iCapital Releases RiskBased Capital RequirementsRiskBased Capital (1)Credit for Reinsurance!Our past and future acquisition!Fluctuations in the reinsurance!Our stock price may experience !Changes in US federal income taChanges in US federal (1)!COMPARISON OF 5 YEAR CUMULATIVECOMPARISON OF 5 YEAR (1)COMPARISON OF 5 YEAR (2)NO TITLE (1)COMPARISON OF 5 YEAR (3)!Net reduction in ultimate loss !Loss and Loss Adjustment ExpensLoss and Loss Adjustment (1)!Annual Loss and Loss Adjustment
Latent Claims!2 35 Billion Ultimate Industry 2 35 Billion Ultimate (1)2 35 Billion Ultimate (2)Fixed Maturity InvestmentsFixed Maturity (1)Fixed Maturity (2)!Net Investment Income and Net R Net Investment Income and (1) Net Investment Income and (2) Net Investment Income and (3) Net Investment Income and (4) Net Investment Income and (5) Net Investment Income and (6) Net Investment Income and (7) Net Investment Income and (8) Net Investment Income and (9)!Net Investment Income and (10)!Net Investment Income and (11)!Net Investment Income and (12)!Net Investment Income and (13)!Net Investment Income and (14)!Net Investment Income and (15)!Net Investment Income and (16)!Net Investment Income and (17)!Net Investment Income and (18)!Net Investment Income and (19)!Net Investment Income and (20)!Net Investment Income and (21)!Net Investment Income and (22)!Net Investment Income and (23)!Net Investment Income and (24)Reinsurance RecoverablesReinsurance Rec (1)!Aggregate Contractual Obligatio!of Investments Classified as Tr of Investments Classified (1) of Investments Classified (2) of Investments Classified (3)
Balance SheetIncome Statement of Investments Classified (4)Shareholders Equity
Cash Flows
EGI and BHEGI and BH (1)EGI and BH (2)EGI and BH (3)EGI and BH (4)EGI and BH (5)EGI and BH (6)EGI and BH (7)EGI and BH (8)EGI and BH (9)EGI and BH (10)EGI and BH (11)EGI and BH (12)EGI and BH (13)EGI and BH (14)EGI and BH (15)EGI and BH (16)EGI and BH (17)EGI and BH (18)EGI and BH (19)EGI and BH (20)EGI and BH (21)EGI and BH (22)EGI and BH (23)Constellation ReinsuranceConstellation R (1)Constellation R (2)Constellation R (3)Constellation R (4)Constellation R (5)Constellation R (6)Constellation R (7)Constellation R (8)Constellation R (9)Constellation R (10)Constellation R (11)Constellation R (12)Constellation R (13)Constellation R (14)Constellation R (15)Constellation R (16)Constellation R (17)Constellation R (18)!OtherThanTemporary Impairment POtherThanTemporary (1)OtherThanTemporary (2)OtherThanTemporary (3)OtherThanTemporary (4)OtherThanTemporary (5)OtherThanTemporary (6)OtherThanTemporary (7)OtherThanTemporary (8)OtherThanTemporary (9)OtherThanTemporary (10)OtherThanTemporary (11)OtherThanTemporary (12)OtherThanTemporary (13)OtherThanTemporary (14)!iii Enstar Group Limited Employiii Enstar Group Limited (1)iii Enstar Group Limited (2)iii Enstar Group Limited (3)iii Enstar Group Limited (4)iii Enstar Group Limited (5)iii Enstar Group Limited (6)iii Enstar Group Limited (7)iii Enstar Group Limited (8)iii Enstar Group Limited (9) iii Enstar Group Limited (10) iii Enstar Group Limited (11) iii Enstar Group Limited (12) iii Enstar Group Limited (13) iii Enstar Group Limited (14) iii Enstar Group Limited (15)Balance Sheet (1)Income Statemen (1)Cash Flows (1)Summary CompensationBeneficial Ownership!2 Financial Statement Schedules2 Financial Statement (1)2 Financial Statement (2)2 Financial Statement (3)2 Financial Statement (4)2 Financial Statement (5)2 Financial Statement (6)2 Financial Statement (7)2 Financial Statement (8)LISTING OF SUBSIDIARIESLISTING OF SUBS (1)NO TITLE (2)NO TITLE (3)NO TITLE (4)NO TITLE (5)NO TITLE (6)U }$ }@
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Enstar Group LTD10K
03/04/2010>6Reserves for Unpaid Losses and Loss Adjustment Expense . &Under the UltimatetoIncurred Method,
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'losses resulted in reduced estimates ofloss reserves..&Application of the Paid Survival Ratio91Method to the reduced historical loss development.&information resulted in lower expected/'average annual payment amounts compared4,to the previous year, which, when multiplied.&by the expected industry benchmark for91future number of payment years, led to reductions'in our estimated loss reserves./'Under the Paid Market Share Method, our1)reduced historical calendar year payments0(resulted in a reduction of our indicated0(market share of industry paid losses and3+thus our market share of estimated industryloss reserves.DJ lpdXL(8qe1B[t !"#$%&'()*+,./0123456789:;<=>?  %Under the ReservetoPaid Method, the!!5!application of the ratio of industry reserves""."&to industry paidtodate losses to our##,#$reduced paidtodate losses resulted$$.$&in reduced estimates of loss reserves.%&&9&1Under the IBNR:Case Ratio Method, the application''7'/of ratios of industry IBNR reserves to industry((3(+case reserves to our case reserves resulted))2)*in reduced estimates of IBNR loss reserves**/*'as a result of the aggregate reduction,++0+(combining the impact of commutations and,,,%settlement of noncommuted losses, in2*our case and LAE reserves of $74.9 million..6..during the year. As such case and LAE reserves//1/)were settled for less than $74.9 million,00.0&the IBNR reserves determined under the11.1&IBNR:Case Ratio Method associated with22/2'such case reserves were eliminated. See33/3'Management s Discussion and Analysis of4454Financial Condition and Results of Operations555%Critical Accounting Policies Loss and66/6'Loss Adjustment Expenses on page 70 for7777/a further explanation of how the loss reserving8828*methodologies are applied to the movement,99.9&or development, of net incurred losses::5:during a period to estimate IBNR liabilities.;;/;'Of the 68 commutations completed during<<6<.2005, ten were among the top ten cedant and/or==/='reinsurance exposures of our individual>>.>&reinsurance subsidiaries involved. The??5?remaining 58 were of smaller size, consistentDlf~)9Yl"B]
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NO TITLEHamilton HM JXHamilton HM JX (1)!Reserves for Unpaid Losses and Reserves for Unpaid (1)Reserves for Unpaid (2)Reserves for Unpaid (3)Reserves for Unpaid (4)Reserves for Unpaid (5)Reserves for Unpaid (6)!Investment Committee and Invest
EquitiesEquities (1)Equities (2)!Minimum Solvency Margin and ResMinimum Solvency Margin (1)!Conducting Insurance Business iCapital Releases RiskBased Capital RequirementsRiskBased Capital (1)Credit for Reinsurance!Our past and future acquisition!Fluctuations in the reinsurance!Our stock price may experience !Changes in US federal income taChanges in US federal (1)!COMPARISON OF 5 YEAR CUMULATIVECOMPARISON OF 5 YEAR (1)COMPARISON OF 5 YEAR (2)NO TITLE (1)COMPARISON OF 5 YEAR (3)!Net reduction in ultimate loss !Loss and Loss Adjustment ExpensLoss and Loss Adjustment (1)!Annual Loss and Loss Adjustment
Latent Claims!2 35 Billion Ultimate Industry 2 35 Billion Ultimate (1)2 35 Billion Ultimate (2)Fixed Maturity InvestmentsFixed Maturity (1)Fixed Maturity (2)!Net Investment Income and Net R Net Investment Income and (1) Net Investment Income and (2) Net Investment Income and (3) Net Investment Income and (4) Net Investment Income and (5) Net Investment Income and (6) Net Investment Income and (7) Net Investment Income and (8) Net Investment Income and (9)!Net Investment Income and (10)!Net Investment Income and (11)!Net Investment Income and (12)!Net Investment Income and (13)!Net Investment Income and (14)!Net Investment Income and (15)!Net Investment Income and (16)!Net Investment Income and (17)!Net Investment Income and (18)!Net Investment Income and (19)!Net Investment Income and (20)!Net Investment Income and (21)!Net Investment Income and (22)!Net Investment Income and (23)!Net Investment Income and (24)Reinsurance RecoverablesReinsurance Rec (1)!Aggregate Contractual Obligatio!of Investments Classified as Tr of Investments Classified (1) of Investments Classified (2) of Investments Classified (3)
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Cash Flows
EGI and BHEGI and BH (1)EGI and BH (2)EGI and BH (3)EGI and BH (4)EGI and BH (5)EGI and BH (6)EGI and BH (7)EGI and BH (8)EGI and BH (9)EGI and BH (10)EGI and BH (11)EGI and BH (12)EGI and BH (13)EGI and BH (14)EGI and BH (15)EGI and BH (16)EGI and BH (17)EGI and BH (18)EGI and BH (19)EGI and BH (20)EGI and BH (21)EGI and BH (22)EGI and BH (23)Constellation ReinsuranceConstellation R (1)Constellation R (2)Constellation R (3)Constellation R (4)Constellation R (5)Constellation R (6)Constellation R (7)Constellation R (8)Constellation R (9)Constellation R (10)Constellation R (11)Constellation R (12)Constellation R (13)Constellation R (14)Constellation R (15)Constellation R (16)Constellation R (17)Constellation R (18)!OtherThanTemporary Impairment POtherThanTemporary (1)OtherThanTemporary (2)OtherThanTemporary (3)OtherThanTemporary (4)OtherThanTemporary (5)OtherThanTemporary (6)OtherThanTemporary (7)OtherThanTemporary (8)OtherThanTemporary (9)OtherThanTemporary (10)OtherThanTemporary (11)OtherThanTemporary (12)OtherThanTemporary (13)OtherThanTemporary (14)!iii Enstar Group Limited Employiii Enstar Group Limited (1)iii Enstar Group Limited (2)iii Enstar Group Limited (3)iii Enstar Group Limited (4)iii Enstar Group Limited (5)iii Enstar Group Limited (6)iii Enstar Group Limited (7)iii Enstar Group Limited (8)iii Enstar Group Limited (9) iii Enstar Group Limited (10) iii Enstar Group Limited (11) iii Enstar Group Limited (12) iii Enstar Group Limited (13) iii Enstar Group Limited (14) iii Enstar Group Limited (15)Balance Sheet (1)Income Statemen (1)Cash Flows (1)Summary CompensationBeneficial Ownership!2 Financial Statement Schedules2 Financial Statement (1)2 Financial Statement (2)2 Financial Statement (3)2 Financial Statement (4)2 Financial Statement (5)2 Financial Statement (6)2 Financial Statement (7)2 Financial Statement (8)LISTING OF SUBSIDIARIESLISTING OF SUBS (1)NO TITLE (2)NO TITLE (3)NO TITLE (4)NO TITLE (5)NO TITLE (6)U }6}$ }
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03/04/2010!General A#038;E Exposures
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NO TITLEHamilton HM JXHamilton HM JX (1)!Reserves for Unpaid Losses and Reserves for Unpaid (1)Reserves for Unpaid (2)Reserves for Unpaid (3)Reserves for Unpaid (4)Reserves for Unpaid (5)Reserves for Unpaid (6)General A038E Exposures
EquitiesEquities (1)Equities (2)!Minimum Solvency Margin and ResMinimum Solvency Margin (1)!Conducting Insurance Business iCapital Releases RiskBased Capital RequirementsRiskBased Capital (1)Credit for Reinsurance!Our past and future acquisition!Fluctuations in the reinsurance!Our stock price may experience !Changes in US federal income taChanges in US federal (1)!COMPARISON OF 5 YEAR CUMULATIVECOMPARISON OF 5 YEAR (1)COMPARISON OF 5 YEAR (2)NO TITLE (1)COMPARISON OF 5 YEAR (3)!Net reduction in ultimate loss !Loss and Loss Adjustment ExpensLoss and Loss Adjustment (1)!Annual Loss and Loss Adjustment
Latent Claims!2 35 Billion Ultimate Industry 2 35 Billion Ultimate (1)2 35 Billion Ultimate (2)Fixed Maturity InvestmentsFixed Maturity (1)Fixed Maturity (2)!Net Investment Income and Net R Net Investment Income and (1) Net Investment Income and (2) Net Investment Income and (3) Net Investment Income and (4) Net Investment Income and (5) Net Investment Income and (6) Net Investment Income and (7) Net Investment Income and (8) Net Investment Income and (9)!Net Investment Income and (10)!Net Investment Income and (11)!Net Investment Income and (12)!Net Investment Income and (13)!Net Investment Income and (14)!Net Investment Income and (15)!Net Investment Income and (16)!Net Investment Income and (17)!Net Investment Income and (18)!Net Investment Income and (19)!Net Investment Income and (20)!Net Investment Income and (21)!Net Investment Income and (22)!Net Investment Income and (23)!Net Investment Income and (24)Reinsurance RecoverablesReinsurance Rec (1)!Aggregate Contractual Obligatio!of Investments Classified as Tr of Investments Classified (1) of Investments Classified (2) of Investments Classified (3)
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Cash Flows
EGI and BHEGI and BH (1)EGI and BH (2)EGI and BH (3)EGI and BH (4)EGI and BH (5)EGI and BH (6)EGI and BH (7)EGI and BH (8)EGI and BH (9)EGI and BH (10)EGI and BH (11)EGI and BH (12)EGI and BH (13)EGI and BH (14)EGI and BH (15)EGI and BH (16)EGI and BH (17)EGI and BH (18)EGI and BH (19)EGI and BH (20)EGI and BH (21)EGI and BH (22)EGI and BH (23)Constellation ReinsuranceConstellation R (1)Constellation R (2)Constellation R (3)Constellation R (4)Constellation R (5)Constellation R (6)Constellation R (7)Constellation R (8)Constellation R (9)Constellation R (10)Constellation R (11)Constellation R (12)Constellation R (13)Constellation R (14)Constellation R (15)Constellation R (16)Constellation R (17)Constellation R (18)!OtherThanTemporary Impairment POtherThanTemporary (1)OtherThanTemporary (2)OtherThanTemporary (3)OtherThanTemporary (4)OtherThanTemporary (5)OtherThanTemporary (6)OtherThanTemporary (7)OtherThanTemporary (8)OtherThanTemporary (9)OtherThanTemporary (10)OtherThanTemporary (11)OtherThanTemporary (12)OtherThanTemporary (13)OtherThanTemporary (14)!iii Enstar Group Limited Employiii Enstar Group Limited (1)iii Enstar Group Limited (2)iii Enstar Group Limited (3)iii Enstar Group Limited (4)iii Enstar Group Limited (5)iii Enstar Group Limited (6)iii Enstar Group Limited (7)iii Enstar Group Limited (8)iii Enstar Group Limited (9) iii Enstar Group Limited (10) iii Enstar Group Limited (11) iii Enstar Group Limited (12) iii Enstar Group Limited (13) iii Enstar Group Limited (14) iii Enstar Group Limited (15)Balance Sheet (1)Income Statemen (1)Cash Flows (1)Summary CompensationBeneficial Ownership!2 Financial Statement Schedules2 Financial Statement (1)2 Financial Statement (2)2 Financial Statement (3)2 Financial Statement (4)2 Financial Statement (5)2 Financial Statement (6)2 Financial Statement (7)2 Financial Statement (8)LISTING OF SUBSIDIARIESLISTING OF SUBS (1)NO TITLE (2)NO TITLE (3)NO TITLE (4)NO TITLE (5)NO TITLE (6)U }I"}$ }
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03/04/20103+Investment Committee and Investment Manager
December 31, 2009
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NO TITLEHamilton HM JXHamilton HM JX (1)!Reserves for Unpaid Losses and Reserves for Unpaid (1)Reserves for Unpaid (2)Reserves for Unpaid (3)Reserves for Unpaid (4)Reserves for Unpaid (5)Reserves for Unpaid (6)General A038E Exposures!Investment Committee and InvestEquities (1)Equities (2)!Minimum Solvency Margin and ResMinimum Solvency Margin (1)!Conducting Insurance Business iCapital Releases RiskBased Capital RequirementsRiskBased Capital (1)Credit for Reinsurance!Our past and future acquisition!Fluctuations in the reinsurance!Our stock price may experience !Changes in US federal income taChanges in US federal (1)!COMPARISON OF 5 YEAR CUMULATIVECOMPARISON OF 5 YEAR (1)COMPARISON OF 5 YEAR (2)NO TITLE (1)COMPARISON OF 5 YEAR (3)!Net reduction in ultimate loss !Loss and Loss Adjustment ExpensLoss and Loss Adjustment (1)!Annual Loss and Loss Adjustment
Latent Claims!2 35 Billion Ultimate Industry 2 35 Billion Ultimate (1)2 35 Billion Ultimate (2)Fixed Maturity InvestmentsFixed Maturity (1)Fixed Maturity (2)!Net Investment Income and Net R Net Investment Income and (1) Net Investment Income and (2) Net Investment Income and (3) Net Investment Income and (4) Net Investment Income and (5) Net Investment Income and (6) Net Investment Income and (7) Net Investment Income and (8) Net Investment Income and (9)!Net Investment Income and (10)!Net Investment Income and (11)!Net Investment Income and (12)!Net Investment Income and (13)!Net Investment Income and (14)!Net Investment Income and (15)!Net Investment Income and (16)!Net Investment Income and (17)!Net Investment Income and (18)!Net Investment Income and (19)!Net Investment Income and (20)!Net Investment Income and (21)!Net Investment Income and (22)!Net Investment Income and (23)!Net Investment Income and (24)Reinsurance RecoverablesReinsurance Rec (1)!Aggregate Contractual Obligatio!of Investments Classified as Tr of Investments Classified (1) of Investments Classified (2) of Investments Classified (3)
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Enstar Group LTD10K
03/04/2010Equities
December 31, 2009
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NO TITLEHamilton HM JXHamilton HM JX (1)!Reserves for Unpaid Losses and Reserves for Unpaid (1)Reserves for Unpaid (2)Reserves for Unpaid (3)Reserves for Unpaid (4)Reserves for Unpaid (5)Reserves for Unpaid (6)General A038E Exposures!Investment Committee and Invest
EquitiesEquities (2)!Minimum Solvency Margin and ResMinimum Solvency Margin (1)!Conducting Insurance Business iCapital Releases RiskBased Capital RequirementsRiskBased Capital (1)Credit for Reinsurance!Our past and future acquisition!Fluctuations in the reinsurance!Our stock price may experience !Changes in US federal income taChanges in US federal (1)!COMPARISON OF 5 YEAR CUMULATIVECOMPARISON OF 5 YEAR (1)COMPARISON OF 5 YEAR (2)NO TITLE (1)COMPARISON OF 5 YEAR (3)!Net reduction in ultimate loss !Loss and Loss Adjustment ExpensLoss and Loss Adjustment (1)!Annual Loss and Loss Adjustment
Latent Claims!2 35 Billion Ultimate Industry 2 35 Billion Ultimate (1)2 35 Billion Ultimate (2)Fixed Maturity InvestmentsFixed Maturity (1)Fixed Maturity (2)!Net Investment Income and Net R Net Investment Income and (1) Net Investment Income and (2) Net Investment Income and (3) Net Investment Income and (4) Net Investment Income and (5) Net Investment Income and (6) Net Investment Income and (7) Net Investment Income and (8) Net Investment Income and (9)!Net Investment Income and (10)!Net Investment Income and (11)!Net Investment Income and (12)!Net Investment Income and (13)!Net Investment Income and (14)!Net Investment Income and (15)!Net Investment Income and (16)!Net Investment Income and (17)!Net Investment Income and (18)!Net Investment Income and (19)!Net Investment Income and (20)!Net Investment Income and (21)!Net Investment Income and (22)!Net Investment Income and (23)!Net Investment Income and (24)Reinsurance RecoverablesReinsurance Rec (1)!Aggregate Contractual Obligatio!of Investments Classified as Tr of Investments Classified (1) of Investments Classified (2) of Investments Classified (3)
Balance SheetIncome Statement of Investments Classified (4)Shareholders Equity
Cash Flows
EGI and BHEGI and BH (1)EGI and BH (2)EGI and BH (3)EGI and BH (4)EGI and BH (5)EGI and BH (6)EGI and BH (7)EGI and BH (8)EGI and BH (9)EGI and BH (10)EGI and BH (11)EGI and BH (12)EGI and BH (13)EGI and BH (14)EGI and BH (15)EGI and BH (16)EGI and BH (17)EGI and BH (18)EGI and BH (19)EGI and BH (20)EGI and BH (21)EGI and BH (22)EGI and BH (23)Constellation ReinsuranceConstellation R (1)Constellation R (2)Constellation R (3)Constellation R (4)Constellation R (5)Constellation R (6)Constellation R (7)Constellation R (8)Constellation R (9)Constellation R (10)Constellation R (11)Constellation R (12)Constellation R (13)Constellation R (14)Constellation R (15)Constellation R (16)Constellation R (17)Constellation R (18)!OtherThanTemporary Impairment POtherThanTemporary (1)OtherThanTemporary (2)OtherThanTemporary (3)OtherThanTemporary (4)OtherThanTemporary (5)OtherThanTemporary (6)OtherThanTemporary (7)OtherThanTemporary (8)OtherThanTemporary (9)OtherThanTemporary (10)OtherThanTemporary (11)OtherThanTemporary (12)OtherThanTemporary (13)OtherThanTemporary (14)!iii Enstar Group Limited Employiii Enstar Group Limited (1)iii Enstar Group Limited (2)iii Enstar Group Limited (3)iii Enstar Group Limited (4)iii Enstar Group Limited (5)iii Enstar Group Limited (6)iii Enstar Group Limited (7)iii Enstar Group Limited (8)iii Enstar Group Limited (9) iii Enstar Group Limited (10) iii Enstar Group Limited (11) iii Enstar Group Limited (12) iii Enstar Group Limited (13) iii Enstar Group Limited (14) iii Enstar Group Limited (15)Balance Sheet (1)Income Statemen (1)Cash Flows (1)Summary CompensationBeneficial Ownership!2 Financial Statement Schedules2 Financial Statement (1)2 Financial Statement (2)2 Financial Statement (3)2 Financial Statement (4)2 Financial Statement (5)2 Financial Statement (6)2 Financial Statement (7)2 Financial Statement (8)LISTING OF SUBSIDIARIESLISTING OF SUBS (1)NO TITLE (2)NO TITLE (3)NO TITLE (4)NO TITLE (5)NO TITLE (6)U }0.}$ }
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Enstar Group LTD10K
03/04/2010Equities
December 31, 2009
Gross
Gross
Unrealized
Unrealized
AmortizedHolding
Holding
Fair
CostGain
Losses
Value&(in thousands of U.S. dollars)Due in one year or less~
&~
rJ ~
~
^'%Due after one year through five years~
(~
~
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~
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~
*=
~
~
7Due after ten years~
~
~
~
*
~
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~
~
X#Residential mortgagebacked~
~
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~
~
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~
~
~
&Asset backed~
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~
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NO TITLEHamilton HM JXHamilton HM JX (1)!Reserves for Unpaid Losses and Reserves for Unpaid (1)Reserves for Unpaid (2)Reserves for Unpaid (3)Reserves for Unpaid (4)Reserves for Unpaid (5)Reserves for Unpaid (6)General A038E Exposures!Investment Committee and Invest
EquitiesEquities (1)!Minimum Solvency Margin and ResMinimum Solvency Margin (1)!Conducting Insurance Business iCapital Releases RiskBased Capital RequirementsRiskBased Capital (1)Credit for Reinsurance!Our past and future acquisition!Fluctuations in the reinsurance!Our stock price may experience !Changes in US federal income taChanges in US federal (1)!COMPARISON OF 5 YEAR CUMULATIVECOMPARISON OF 5 YEAR (1)COMPARISON OF 5 YEAR (2)NO TITLE (1)COMPARISON OF 5 YEAR (3)!Net reduction in ultimate loss !Loss and Loss Adjustment ExpensLoss and Loss Adjustment (1)!Annual Loss and Loss Adjustment
Latent Claims!2 35 Billion Ultimate Industry 2 35 Billion Ultimate (1)2 35 Billion Ultimate (2)Fixed Maturity InvestmentsFixed Maturity (1)Fixed Maturity (2)!Net Investment Income and Net R Net Investment Income and (1) Net Investment Income and (2) Net Investment Income and (3) Net Investment Income and (4) Net Investment Income and (5) Net Investment Income and (6) Net Investment Income and (7) Net Investment Income and (8) Net Investment Income and (9)!Net Investment Income and (10)!Net Investment Income and (11)!Net Investment Income and (12)!Net Investment Income and (13)!Net Investment Income and (14)!Net Investment Income and (15)!Net Investment Income and (16)!Net Investment Income and (17)!Net Investment Income and (18)!Net Investment Income and (19)!Net Investment Income and (20)!Net Investment Income and (21)!Net Investment Income and (22)!Net Investment Income and (23)!Net Investment Income and (24)Reinsurance RecoverablesReinsurance Rec (1)!Aggregate Contractual Obligatio!of Investments Classified as Tr of Investments Classified (1) of Investments Classified (2) of Investments Classified (3)
Balance SheetIncome Statement of Investments Classified (4)Shareholders Equity
Cash Flows
EGI and BHEGI and BH (1)EGI and BH (2)EGI and BH (3)EGI and BH (4)EGI and BH (5)EGI and BH (6)EGI and BH (7)EGI and BH (8)EGI and BH (9)EGI and BH (10)EGI and BH (11)EGI and BH (12)EGI and BH (13)EGI and BH (14)EGI and BH (15)EGI and BH (16)EGI and BH (17)EGI and BH (18)EGI and BH (19)EGI and BH (20)EGI and BH (21)EGI and BH (22)EGI and BH (23)Constellation ReinsuranceConstellation R (1)Constellation R (2)Constellation R (3)Constellation R (4)Constellation R (5)Constellation R (6)Constellation R (7)Constellation R (8)Constellation R (9)Constellation R (10)Constellation R (11)Constellation R (12)Constellation R (13)Constellation R (14)Constellation R (15)Constellation R (16)Constellation R (17)Constellation R (18)!OtherThanTemporary Impairment POtherThanTemporary (1)OtherThanTemporary (2)OtherThanTemporary (3)OtherThanTemporary (4)OtherThanTemporary (5)OtherThanTemporary (6)OtherThanTemporary (7)OtherThanTemporary (8)OtherThanTemporary (9)OtherThanTemporary (10)OtherThanTemporary (11)OtherThanTemporary (12)OtherThanTemporary (13)OtherThanTemporary (14)!iii Enstar Group Limited Employiii Enstar Group Limited (1)iii Enstar Group Limited (2)iii Enstar Group Limited (3)iii Enstar Group Limited (4)iii Enstar Group Limited (5)iii Enstar Group Limited (6)iii Enstar Group Limited (7)iii Enstar Group Limited (8)iii Enstar Group Limited (9) iii Enstar Group Limited (10) iii Enstar Group Limited (11) iii Enstar Group Limited (12) iii Enstar Group Limited (13) iii Enstar Group Limited (14) iii Enstar Group Limited (15)Balance Sheet (1)Income Statemen (1)Cash Flows (1)Summary CompensationBeneficial Ownership!2 Financial Statement Schedules2 Financial Statement (1)2 Financial Statement (2)2 Financial Statement (3)2 Financial Statement (4)2 Financial Statement (5)2 Financial Statement (6)2 Financial Statement (7)2 Financial Statement (8)LISTING OF SUBSIDIARIESLISTING OF SUBS (1)NO TITLE (2)NO TITLE (3)NO TITLE (4)NO TITLE (5)NO TITLE (6)U }0.}$ }
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Enstar Group LTD10K
03/04/2010Equities
Year Ended
Year Ended
December 31, 2009December 31, 2008&(in thousands of U.S. dollars)
Net investment income~
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#Net realized gains (losses)~
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NO TITLEHamilton HM JXHamilton HM JX (1)!Reserves for Unpaid Losses and Reserves for Unpaid (1)Reserves for Unpaid (2)Reserves for Unpaid (3)Reserves for Unpaid (4)Reserves for Unpaid (5)Reserves for Unpaid (6)General A038E Exposures!Investment Committee and Invest
EquitiesEquities (1)Equities (2)Minimum Solvency Margin (1)!Conducting Insurance Business iCapital Releases RiskBased Capital RequirementsRiskBased Capital (1)Credit for Reinsurance!Our past and future acquisition!Fluctuations in the reinsurance!Our stock price may experience !Changes in US federal income taChanges in US federal (1)!COMPARISON OF 5 YEAR CUMULATIVECOMPARISON OF 5 YEAR (1)COMPARISON OF 5 YEAR (2)NO TITLE (1)COMPARISON OF 5 YEAR (3)!Net reduction in ultimate loss !Loss and Loss Adjustment ExpensLoss and Loss Adjustment (1)!Annual Loss and Loss Adjustment
Latent Claims!2 35 Billion Ultimate Industry 2 35 Billion Ultimate (1)2 35 Billion Ultimate (2)Fixed Maturity InvestmentsFixed Maturity (1)Fixed Maturity (2)!Net Investment Income and Net R Net Investment Income and (1) Net Investment Income and (2) Net Investment Income and (3) Net Investment Income and (4) Net Investment Income and (5) Net Investment Income and (6) Net Investment Income and (7) Net Investment Income and (8) Net Investment Income and (9)!Net Investment Income and (10)!Net Investment Income and (11)!Net Investment Income and (12)!Net Investment Income and (13)!Net Investment Income and (14)!Net Investment Income and (15)!Net Investment Income and (16)!Net Investment Income and (17)!Net Investment Income and (18)!Net Investment Income and (19)!Net Investment Income and (20)!Net Investment Income and (21)!Net Investment Income and (22)!Net Investment Income and (23)!Net Investment Income and (24)Reinsurance RecoverablesReinsurance Rec (1)!Aggregate Contractual Obligatio!of Investments Classified as Tr of Investments Classified (1) of Investments Classified (2) of Investments Classified (3)
Balance SheetIncome Statement of Investments Classified (4)Shareholders Equity
Cash Flows
EGI and BHEGI and BH (1)EGI and BH (2)EGI and BH (3)EGI and BH (4)EGI and BH (5)EGI and BH (6)EGI and BH (7)EGI and BH (8)EGI and BH (9)EGI and BH (10)EGI and BH (11)EGI and BH (12)EGI and BH (13)EGI and BH (14)EGI and BH (15)EGI and BH (16)EGI and BH (17)EGI and BH (18)EGI and BH (19)EGI and BH (20)EGI and BH (21)EGI and BH (22)EGI and BH (23)Constellation ReinsuranceConstellation R (1)Constellation R (2)Constellation R (3)Constellation R (4)Constellation R (5)Constellation R (6)Constellation R (7)Constellation R (8)Constellation R (9)Constellation R (10)Constellation R (11)Constellation R (12)Constellation R (13)Constellation R (14)Constellation R (15)Constellation R (16)Constellation R (17)Constellation R (18)!OtherThanTemporary Impairment POtherThanTemporary (1)OtherThanTemporary (2)OtherThanTemporary (3)OtherThanTemporary (4)OtherThanTemporary (5)OtherThanTemporary (6)OtherThanTemporary (7)OtherThanTemporary (8)OtherThanTemporary (9)OtherThanTemporary (10)OtherThanTemporary (11)OtherThanTemporary (12)OtherThanTemporary (13)OtherThanTemporary (14)!iii Enstar Group Limited Employiii Enstar Group Limited (1)iii Enstar Group Limited (2)iii Enstar Group Limited (3)iii Enstar Group Limited (4)iii Enstar Group Limited (5)iii Enstar Group Limited (6)iii Enstar Group Limited (7)iii Enstar Group Limited (8)iii Enstar Group Limited (9) iii Enstar Group Limited (10) iii Enstar Group Limited (11) iii Enstar Group Limited (12) iii Enstar Group Limited (13) iii Enstar Group Limited (14) iii Enstar Group Limited (15)Balance Sheet (1)Income Statemen (1)Cash Flows (1)Summary CompensationBeneficial Ownership!2 Financial Statement Schedules2 Financial Statement (1)2 Financial Statement (2)2 Financial Statement (3)2 Financial Statement (4)2 Financial Statement (5)2 Financial Statement (6)2 Financial Statement (7)2 Financial Statement (8)LISTING OF SUBSIDIARIESLISTING OF SUBS (1)NO TITLE (2)NO TITLE (3)NO TITLE (4)NO TITLE (5)NO TITLE (6)U }$ }6
Enstar Group LTD10K
03/04/2010PHMinimum Solvency Margin and Restrictions on Dividends and Distributions. $250,000;
0(20% of net premiums written (being gross0(premiums written less any premiums ceded
5
by the insurer) if net premiums do not exceed0($6,000,000 or $1,200,000 plus 10% of net5premiums written in excess of $6,000,000; and4,10% of net losses and loss expense reserves.$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/2z^RF:EWK=PF0*8X>
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NO TITLEHamilton HM JXHamilton HM JX (1)!Reserves for Unpaid Losses and Reserves for Unpaid (1)Reserves for Unpaid (2)Reserves for Unpaid (3)Reserves for Unpaid (4)Reserves for Unpaid (5)Reserves for Unpaid (6)General A038E Exposures!Investment Committee and Invest
EquitiesEquities (1)Equities (2)!Minimum Solvency Margin and Res!Conducting Insurance Business iCapital Releases RiskBased Capital RequirementsRiskBased Capital (1)Credit for Reinsurance!Our past and future acquisition!Fluctuations in the reinsurance!Our stock price may experience !Changes in US federal income taChanges in US federal (1)!COMPARISON OF 5 YEAR CUMULATIVECOMPARISON OF 5 YEAR (1)COMPARISON OF 5 YEAR (2)NO TITLE (1)COMPARISON OF 5 YEAR (3)!Net reduction in ultimate loss !Loss and Loss Adjustment ExpensLoss and Loss Adjustment (1)!Annual Loss and Loss Adjustment
Latent Claims!2 35 Billion Ultimate Industry 2 35 Billion Ultimate (1)2 35 Billion Ultimate (2)Fixed Maturity InvestmentsFixed Maturity (1)Fixed Maturity (2)!Net Investment Income and Net R Net Investment Income and (1) Net Investment Income and (2) Net Investment Income and (3) Net Investment Income and (4) Net Investment Income and (5) Net Investment Income and (6) Net Investment Income and (7) Net Investment Income and (8) Net Investment Income and (9)!Net Investment Income and (10)!Net Investment Income and (11)!Net Investment Income and (12)!Net Investment Income and (13)!Net Investment Income and (14)!Net Investment Income and (15)!Net Investment Income and (16)!Net Investment Income and (17)!Net Investment Income and (18)!Net Investment Income and (19)!Net Investment Income and (20)!Net Investment Income and (21)!Net Investment Income and (22)!Net Investment Income and (23)!Net Investment Income and (24)Reinsurance RecoverablesReinsurance Rec (1)!Aggregate Contractual Obligatio!of Investments Classified as Tr of Investments Classified (1) of Investments Classified (2) of Investments Classified (3)
Balance SheetIncome Statement of Investments Classified (4)Shareholders Equity
Cash Flows
EGI and BHEGI and BH (1)EGI and BH (2)EGI and BH (3)EGI and BH (4)EGI and BH (5)EGI and BH (6)EGI and BH (7)EGI and BH (8)EGI and BH (9)EGI and BH (10)EGI and BH (11)EGI and BH (12)EGI and BH (13)EGI and BH (14)EGI and BH (15)EGI and BH (16)EGI and BH (17)EGI and BH (18)EGI and BH (19)EGI and BH (20)EGI and BH (21)EGI and BH (22)EGI and BH (23)Constellation ReinsuranceConstellation R (1)Constellation R (2)Constellation R (3)Constellation R (4)Constellation R (5)Constellation R (6)Constellation R (7)Constellation R (8)Constellation R (9)Constellation R (10)Constellation R (11)Constellation R (12)Constellation R (13)Constellation R (14)Constellation R (15)Constellation R (16)Constellation R (17)Constellation R (18)!OtherThanTemporary Impairment POtherThanTemporary (1)OtherThanTemporary (2)OtherThanTemporary (3)OtherThanTemporary (4)OtherThanTemporary (5)OtherThanTemporary (6)OtherThanTemporary (7)OtherThanTemporary (8)OtherThanTemporary (9)OtherThanTemporary (10)OtherThanTemporary (11)OtherThanTemporary (12)OtherThanTemporary (13)OtherThanTemporary (14)!iii Enstar Group Limited Employiii Enstar Group Limited (1)iii Enstar Group Limited (2)iii Enstar Group Limited (3)iii Enstar Group Limited (4)iii Enstar Group Limited (5)iii Enstar Group Limited (6)iii Enstar Group Limited (7)iii Enstar Group Limited (8)iii Enstar Group Limited (9) iii Enstar Group Limited (10) iii Enstar Group Limited (11) iii Enstar Group Limited (12) iii Enstar Group Limited (13) iii Enstar Group Limited (14) iii Enstar Group Limited (15)Balance Sheet (1)Income Statemen (1)Cash Flows (1)Summary CompensationBeneficial Ownership!2 Financial Statement Schedules2 Financial Statement (1)2 Financial Statement (2)2 Financial Statement (3)2 Financial Statement (4)2 Financial Statement (5)2 Financial Statement (6)2 Financial Statement (7)2 Financial Statement (8)LISTING OF SUBSIDIARIESLISTING OF SUBS (1)NO TITLE (2)NO TITLE (3)NO TITLE (4)NO TITLE (5)NO TITLE (6)U }$ }6
Enstar Group LTD10K
03/04/2010PHMinimum Solvency Margin and Restrictions on Dividends and Distributions. $1,000,000;
0(20% of net premiums written (being gross0(premiums written less any premiums ceded
5
by the insurer) if net premiums do not exceed0($6,000,000 or $1,200,000 plus 15% of net5premiums written in excess of $6,000,000; and4,15% of net losses and loss expense reserves.$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/2^RF:CUI=PF0*8X>
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NO TITLEHamilton HM JXHamilton HM JX (1)!Reserves for Unpaid Losses and Reserves for Unpaid (1)Reserves for Unpaid (2)Reserves for Unpaid (3)Reserves for Unpaid (4)Reserves for Unpaid (5)Reserves for Unpaid (6)General A038E Exposures!Investment Committee and Invest
EquitiesEquities (1)Equities (2)!Minimum Solvency Margin and ResMinimum Solvency Margin (1)Capital Releases RiskBased Capital RequirementsRiskBased Capital (1)Credit for Reinsurance!Our past and future acquisition!Fluctuations in the reinsurance!Our stock price may experience !Changes in US federal income taChanges in US federal (1)!COMPARISON OF 5 YEAR CUMULATIVECOMPARISON OF 5 YEAR (1)COMPARISON OF 5 YEAR (2)NO TITLE (1)COMPARISON OF 5 YEAR (3)!Net reduction in ultimate loss !Loss and Loss Adjustment ExpensLoss and Loss Adjustment (1)!Annual Loss and Loss Adjustment
Latent Claims!2 35 Billion Ultimate Industry 2 35 Billion Ultimate (1)2 35 Billion Ultimate (2)Fixed Maturity InvestmentsFixed Maturity (1)Fixed Maturity (2)!Net Investment Income and Net R Net Investment Income and (1) Net Investment Income and (2) Net Investment Income and (3) Net Investment Income and (4) Net Investment Income and (5) Net Investment Income and (6) Net Investment Income and (7) Net Investment Income and (8) Net Investment Income and (9)!Net Investment Income and (10)!Net Investment Income and (11)!Net Investment Income and (12)!Net Investment Income and (13)!Net Investment Income and (14)!Net Investment Income and (15)!Net Investment Income and (16)!Net Investment Income and (17)!Net Investment Income and (18)!Net Investment Income and (19)!Net Investment Income and (20)!Net Investment Income and (21)!Net Investment Income and (22)!Net Investment Income and (23)!Net Investment Income and (24)Reinsurance RecoverablesReinsurance Rec (1)!Aggregate Contractual Obligatio!of Investments Classified as Tr of Investments Classified (1) of Investments Classified (2) of Investments Classified (3)
Balance SheetIncome Statement of Investments Classified (4)Shareholders Equity
Cash Flows
EGI and BHEGI and BH (1)EGI and BH (2)EGI and BH (3)EGI and BH (4)EGI and BH (5)EGI and BH (6)EGI and BH (7)EGI and BH (8)EGI and BH (9)EGI and BH (10)EGI and BH (11)EGI and BH (12)EGI and BH (13)EGI and BH (14)EGI and BH (15)EGI and BH (16)EGI and BH (17)EGI and BH (18)EGI and BH (19)EGI and BH (20)EGI and BH (21)EGI and BH (22)EGI and BH (23)Constellation ReinsuranceConstellation R (1)Constellation R (2)Constellation R (3)Constellation R (4)Constellation R (5)Constellation R (6)Constellation R (7)Constellation R (8)Constellation R (9)Constellation R (10)Constellation R (11)Constellation R (12)Constellation R (13)Constellation R (14)Constellation R (15)Constellation R (16)Constellation R (17)Constellation R (18)!OtherThanTemporary Impairment POtherThanTemporary (1)OtherThanTemporary (2)OtherThanTemporary (3)OtherThanTemporary (4)OtherThanTemporary (5)OtherThanTemporary (6)OtherThanTemporary (7)OtherThanTemporary (8)OtherThanTemporary (9)OtherThanTemporary (10)OtherThanTemporary (11)OtherThanTemporary (12)OtherThanTemporary (13)OtherThanTemporary (14)!iii Enstar Group Limited Employiii Enstar Group Limited (1)iii Enstar Group Limited (2)iii Enstar Group Limited (3)iii Enstar Group Limited (4)iii Enstar Group Limited (5)iii Enstar Group Limited (6)iii Enstar Group Limited (7)iii Enstar Group Limited (8)iii Enstar Group Limited (9) iii Enstar Group Limited (10) iii Enstar Group Limited (11) iii Enstar Group Limited (12) iii Enstar Group Limited (13) iii Enstar Group Limited (14) iii Enstar Group Limited (15)Balance Sheet (1)Income Statemen (1)Cash Flows (1)Summary CompensationBeneficial Ownership!2 Financial Statement Schedules2 Financial Statement (1)2 Financial Statement (2)2 Financial Statement (3)2 Financial Statement (4)2 Financial Statement (5)2 Financial Statement (6)2 Financial Statement (7)2 Financial Statement (8)LISTING OF SUBSIDIARIESLISTING OF SUBS (1)NO TITLE (2)NO TITLE (3)NO TITLE (4)NO TITLE (5)NO TITLE (6)U }$ }7
(
Enstar Group LTD10K
03/04/20103+Conducting Insurance Business in Australia. 2 *Category A insurer an insurer incorporated
2
*in Australia that does not fall within any+#of the other categories of insurer;
2
*Category B insurer an insurer incorporated1)in Australia that is also a subsidiary of+#a local or foreign insurance group;5Category C insurer a foreign general insurer,/'which is a foreign insurer operating as&a foreign branch in Australia;2*Category D insurer an insurer incorporated1)in Australia that is owned by an industry0(or a professional association, or by the/'members of the industry or professional1)association or a combination of both; and5only underwrites business risk of the members4,of the association or those who are eligible5to become members. Medical indemnity insurers/'are not included in this definition; or2*Category E insurer an insurer incorporatedD* l{ocW3PDbVxl:L !"#$%&' 0 (in Australia that is a corporate captive!!5!or a partnership captive. Category E insurers""6".are often referred to as sole parent captives.#$$%____________________________1&)Created by Morningstar Document Research.0'(http://documentresearch.morningstar.com/8c=PF0*8X>
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NO TITLEHamilton HM JXHamilton HM JX (1)!Reserves for Unpaid Losses and Reserves for Unpaid (1)Reserves for Unpaid (2)Reserves for Unpaid (3)Reserves for Unpaid (4)Reserves for Unpaid (5)Reserves for Unpaid (6)General A038E Exposures!Investment Committee and Invest
EquitiesEquities (1)Equities (2)!Minimum Solvency Margin and ResMinimum Solvency Margin (1)!Conducting Insurance Business i RiskBased Capital RequirementsRiskBased Capital (1)Credit for Reinsurance!Our past and future acquisition!Fluctuations in the reinsurance!Our stock price may experience !Changes in US federal income taChanges in US federal (1)!COMPARISON OF 5 YEAR CUMULATIVECOMPARISON OF 5 YEAR (1)COMPARISON OF 5 YEAR (2)NO TITLE (1)COMPARISON OF 5 YEAR (3)!Net reduction in ultimate loss !Loss and Loss Adjustment ExpensLoss and Loss Adjustment (1)!Annual Loss and Loss Adjustment
Latent Claims!2 35 Billion Ultimate Industry 2 35 Billion Ultimate (1)2 35 Billion Ultimate (2)Fixed Maturity InvestmentsFixed Maturity (1)Fixed Maturity (2)!Net Investment Income and Net R Net Investment Income and (1) Net Investment Income and (2) Net Investment Income and (3) Net Investment Income and (4) Net Investment Income and (5) Net Investment Income and (6) Net Investment Income and (7) Net Investment Income and (8) Net Investment Income and (9)!Net Investment Income and (10)!Net Investment Income and (11)!Net Investment Income and (12)!Net Investment Income and (13)!Net Investment Income and (14)!Net Investment Income and (15)!Net Investment Income and (16)!Net Investment Income and (17)!Net Investment Income and (18)!Net Investment Income and (19)!Net Investment Income and (20)!Net Investment Income and (21)!Net Investment Income and (22)!Net Investment Income and (23)!Net Investment Income and (24)Reinsurance RecoverablesReinsurance Rec (1)!Aggregate Contractual Obligatio!of Investments Classified as Tr of Investments Classified (1) of Investments Classified (2) of Investments Classified (3)
Balance SheetIncome Statement of Investments Classified (4)Shareholders Equity
Cash Flows
EGI and BHEGI and BH (1)EGI and BH (2)EGI and BH (3)EGI and BH (4)EGI and BH (5)EGI and BH (6)EGI and BH (7)EGI and BH (8)EGI and BH (9)EGI and BH (10)EGI and BH (11)EGI and BH (12)EGI and BH (13)EGI and BH (14)EGI and BH (15)EGI and BH (16)EGI and BH (17)EGI and BH (18)EGI and BH (19)EGI and BH (20)EGI and BH (21)EGI and BH (22)EGI and BH (23)Constellation ReinsuranceConstellation R (1)Constellation R (2)Constellation R (3)Constellation R (4)Constellation R (5)Constellation R (6)Constellation R (7)Constellation R (8)Constellation R (9)Constellation R (10)Constellation R (11)Constellation R (12)Constellation R (13)Constellation R (14)Constellation R (15)Constellation R (16)Constellation R (17)Constellation R (18)!OtherThanTemporary Impairment POtherThanTemporary (1)OtherThanTemporary (2)OtherThanTemporary (3)OtherThanTemporary (4)OtherThanTemporary (5)OtherThanTemporary (6)OtherThanTemporary (7)OtherThanTemporary (8)OtherThanTemporary (9)OtherThanTemporary (10)OtherThanTemporary (11)OtherThanTemporary (12)OtherThanTemporary (13)OtherThanTemporary (14)!iii Enstar Group Limited Employiii Enstar Group Limited (1)iii Enstar Group Limited (2)iii Enstar Group Limited (3)iii Enstar Group Limited (4)iii Enstar Group Limited (5)iii Enstar Group Limited (6)iii Enstar Group Limited (7)iii Enstar Group Limited (8)iii Enstar Group Limited (9) iii Enstar Group Limited (10) iii Enstar Group Limited (11) iii Enstar Group Limited (12) iii Enstar Group Limited (13) iii Enstar Group Limited (14) iii Enstar Group Limited (15)Balance Sheet (1)Income Statemen (1)Cash Flows (1)Summary CompensationBeneficial Ownership!2 Financial Statement Schedules2 Financial Statement (1)2 Financial Statement (2)2 Financial Statement (3)2 Financial Statement (4)2 Financial Statement (5)2 Financial Statement (6)2 Financial Statement (7)2 Financial Statement (8)LISTING OF SUBSIDIARIESLISTING OF SUBS (1)NO TITLE (2)NO TITLE (3)NO TITLE (4)NO TITLE (5)NO TITLE (6)U }$ }7
'
Enstar Group LTD10K
03/04/2010Capital Releases. a share buyback;
5the redemption, repurchase or early repayment3+of any qualifying Tier 1 and Tier 2 capital
6
.instruments issued by the insurer or a specialpurpose vehicle;6.trading in the insurer s own shares or capital.&instruments outside of any arrangementagreed upon with APRA;/'payment of dividends on ordinary shares5that exceeds an insurer s aftertax earnings,/'after including payments on more senior%capital instruments, in the financial&year to which they relate; and.÷nd or interest payments (whether5whole or partial) on specific types of Tier 23+and Tier 1 capital that exceed an insurer s2*aftertax earnings, including any payments0(made on more senior capital instruments,/'calculated before any such payments areDl}qM
m?]{1C !"#$%& 3 +applied in the financial year to which they!!!relate."#$$____________________________1%)Created by Morningstar Document Research.0&(http://documentresearch.morningstar.com/xznF=PF0*8X>
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NO TITLEHamilton HM JXHamilton HM JX (1)!Reserves for Unpaid Losses and Reserves for Unpaid (1)Reserves for Unpaid (2)Reserves for Unpaid (3)Reserves for Unpaid (4)Reserves for Unpaid (5)Reserves for Unpaid (6)General A038E Exposures!Investment Committee and Invest
EquitiesEquities (1)Equities (2)!Minimum Solvency Margin and ResMinimum Solvency Margin (1)!Conducting Insurance Business iCapital ReleasesRiskBased Capital (1)Credit for Reinsurance!Our past and future acquisition!Fluctuations in the reinsurance!Our stock price may experience !Changes in US federal income taChanges in US federal (1)!COMPARISON OF 5 YEAR CUMULATIVECOMPARISON OF 5 YEAR (1)COMPARISON OF 5 YEAR (2)NO TITLE (1)COMPARISON OF 5 YEAR (3)!Net reduction in ultimate loss !Loss and Loss Adjustment ExpensLoss and Loss Adjustment (1)!Annual Loss and Loss Adjustment
Latent Claims!2 35 Billion Ultimate Industry 2 35 Billion Ultimate (1)2 35 Billion Ultimate (2)Fixed Maturity InvestmentsFixed Maturity (1)Fixed Maturity (2)!Net Investment Income and Net R Net Investment Income and (1) Net Investment Income and (2) Net Investment Income and (3) Net Investment Income and (4) Net Investment Income and (5) Net Investment Income and (6) Net Investment Income and (7) Net Investment Income and (8) Net Investment Income and (9)!Net Investment Income and (10)!Net Investment Income and (11)!Net Investment Income and (12)!Net Investment Income and (13)!Net Investment Income and (14)!Net Investment Income and (15)!Net Investment Income and (16)!Net Investment Income and (17)!Net Investment Income and (18)!Net Investment Income and (19)!Net Investment Income and (20)!Net Investment Income and (21)!Net Investment Income and (22)!Net Investment Income and (23)!Net Investment Income and (24)Reinsurance RecoverablesReinsurance Rec (1)!Aggregate Contractual Obligatio!of Investments Classified as Tr of Investments Classified (1) of Investments Classified (2) of Investments Classified (3)
Balance SheetIncome Statement of Investments Classified (4)Shareholders Equity
Cash Flows
EGI and BHEGI and BH (1)EGI and BH (2)EGI and BH (3)EGI and BH (4)EGI and BH (5)EGI and BH (6)EGI and BH (7)EGI and BH (8)EGI and BH (9)EGI and BH (10)EGI and BH (11)EGI and BH (12)EGI and BH (13)EGI and BH (14)EGI and BH (15)EGI and BH (16)EGI and BH (17)EGI and BH (18)EGI and BH (19)EGI and BH (20)EGI and BH (21)EGI and BH (22)EGI and BH (23)Constellation ReinsuranceConstellation R (1)Constellation R (2)Constellation R (3)Constellation R (4)Constellation R (5)Constellation R (6)Constellation R (7)Constellation R (8)Constellation R (9)Constellation R (10)Constellation R (11)Constellation R (12)Constellation R (13)Constellation R (14)Constellation R (15)Constellation R (16)Constellation R (17)Constellation R (18)!OtherThanTemporary Impairment POtherThanTemporary (1)OtherThanTemporary (2)OtherThanTemporary (3)OtherThanTemporary (4)OtherThanTemporary (5)OtherThanTemporary (6)OtherThanTemporary (7)OtherThanTemporary (8)OtherThanTemporary (9)OtherThanTemporary (10)OtherThanTemporary (11)OtherThanTemporary (12)OtherThanTemporary (13)OtherThanTemporary (14)!iii Enstar Group Limited Employiii Enstar Group Limited (1)iii Enstar Group Limited (2)iii Enstar Group Limited (3)iii Enstar Group Limited (4)iii Enstar Group Limited (5)iii Enstar Group Limited (6)iii Enstar Group Limited (7)iii Enstar Group Limited (8)iii Enstar Group Limited (9) iii Enstar Group Limited (10) iii Enstar Group Limited (11) iii Enstar Group Limited (12) iii Enstar Group Limited (13) iii Enstar Group Limited (14) iii Enstar Group Limited (15)Balance Sheet (1)Income Statemen (1)Cash Flows (1)Summary CompensationBeneficial Ownership!2 Financial Statement Schedules2 Financial Statement (1)2 Financial Statement (2)2 Financial Statement (3)2 Financial Statement (4)2 Financial Statement (5)2 Financial Statement (6)2 Financial Statement (7)2 Financial Statement (8)LISTING OF SUBSIDIARIESLISTING OF SUBS (1)NO TITLE (2)NO TITLE (3)NO TITLE (4)NO TITLE (5)NO TITLE (6)U }$ }:
Enstar Group LTD10K
03/04/2010( RiskBased Capital Requirements. 0 (underwriting, which encompasses the risk
3
+of adverse loss developments and inadequatepricing;
4
,declines in asset values arising from credit risk; and80declines in asset values arising from investmentrisks.$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/2znb>wkdXL$=PF0*8X>
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NO TITLEHamilton HM JXHamilton HM JX (1)!Reserves for Unpaid Losses and Reserves for Unpaid (1)Reserves for Unpaid (2)Reserves for Unpaid (3)Reserves for Unpaid (4)Reserves for Unpaid (5)Reserves for Unpaid (6)General A038E Exposures!Investment Committee and Invest
EquitiesEquities (1)Equities (2)!Minimum Solvency Margin and ResMinimum Solvency Margin (1)!Conducting Insurance Business iCapital Releases RiskBased Capital RequirementsCredit for Reinsurance!Our past and future acquisition!Fluctuations in the reinsurance!Our stock price may experience !Changes in US federal income taChanges in US federal (1)!COMPARISON OF 5 YEAR CUMULATIVECOMPARISON OF 5 YEAR (1)COMPARISON OF 5 YEAR (2)NO TITLE (1)COMPARISON OF 5 YEAR (3)!Net reduction in ultimate loss !Loss and Loss Adjustment ExpensLoss and Loss Adjustment (1)!Annual Loss and Loss Adjustment
Latent Claims!2 35 Billion Ultimate Industry 2 35 Billion Ultimate (1)2 35 Billion Ultimate (2)Fixed Maturity InvestmentsFixed Maturity (1)Fixed Maturity (2)!Net Investment Income and Net R Net Investment Income and (1) Net Investment Income and (2) Net Investment Income and (3) Net Investment Income and (4) Net Investment Income and (5) Net Investment Income and (6) Net Investment Income and (7) Net Investment Income and (8) Net Investment Income and (9)!Net Investment Income and (10)!Net Investment Income and (11)!Net Investment Income and (12)!Net Investment Income and (13)!Net Investment Income and (14)!Net Investment Income and (15)!Net Investment Income and (16)!Net Investment Income and (17)!Net Investment Income and (18)!Net Investment Income and (19)!Net Investment Income and (20)!Net Investment Income and (21)!Net Investment Income and (22)!Net Investment Income and (23)!Net Investment Income and (24)Reinsurance RecoverablesReinsurance Rec (1)!Aggregate Contractual Obligatio!of Investments Classified as Tr of Investments Classified (1) of Investments Classified (2) of Investments Classified (3)
Balance SheetIncome Statement of Investments Classified (4)Shareholders Equity
Cash Flows
EGI and BHEGI and BH (1)EGI and BH (2)EGI and BH (3)EGI and BH (4)EGI and BH (5)EGI and BH (6)EGI and BH (7)EGI and BH (8)EGI and BH (9)EGI and BH (10)EGI and BH (11)EGI and BH (12)EGI and BH (13)EGI and BH (14)EGI and BH (15)EGI and BH (16)EGI and BH (17)EGI and BH (18)EGI and BH (19)EGI and BH (20)EGI and BH (21)EGI and BH (22)EGI and BH (23)Constellation ReinsuranceConstellation R (1)Constellation R (2)Constellation R (3)Constellation R (4)Constellation R (5)Constellation R (6)Constellation R (7)Constellation R (8)Constellation R (9)Constellation R (10)Constellation R (11)Constellation R (12)Constellation R (13)Constellation R (14)Constellation R (15)Constellation R (16)Constellation R (17)Constellation R (18)!OtherThanTemporary Impairment POtherThanTemporary (1)OtherThanTemporary (2)OtherThanTemporary (3)OtherThanTemporary (4)OtherThanTemporary (5)OtherThanTemporary (6)OtherThanTemporary (7)OtherThanTemporary (8)OtherThanTemporary (9)OtherThanTemporary (10)OtherThanTemporary (11)OtherThanTemporary (12)OtherThanTemporary (13)OtherThanTemporary (14)!iii Enstar Group Limited Employiii Enstar Group Limited (1)iii Enstar Group Limited (2)iii Enstar Group Limited (3)iii Enstar Group Limited (4)iii Enstar Group Limited (5)iii Enstar Group Limited (6)iii Enstar Group Limited (7)iii Enstar Group Limited (8)iii Enstar Group Limited (9) iii Enstar Group Limited (10) iii Enstar Group Limited (11) iii Enstar Group Limited (12) iii Enstar Group Limited (13) iii Enstar Group Limited (14) iii Enstar Group Limited (15)Balance Sheet (1)Income Statemen (1)Cash Flows (1)Summary CompensationBeneficial Ownership!2 Financial Statement Schedules2 Financial Statement (1)2 Financial Statement (2)2 Financial Statement (3)2 Financial Statement (4)2 Financial Statement (5)2 Financial Statement (6)2 Financial Statement (7)2 Financial Statement (8)LISTING OF SUBSIDIARIESLISTING OF SUBS (1)NO TITLE (2)NO TITLE (3)NO TITLE (4)NO TITLE (5)NO TITLE (6)U }$ }6
Enstar Group LTD10K
03/04/2010( RiskBased Capital Requirements. 3 +insurer is subject to examination, analysis
'
and specific corrective action;5regulators may place insurer under regulatory
control; and0(regulators are required to place insurer!under regulatory control.$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/0znb>O~rJ=PF0*8X>
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NO TITLEHamilton HM JXHamilton HM JX (1)!Reserves for Unpaid Losses and Reserves for Unpaid (1)Reserves for Unpaid (2)Reserves for Unpaid (3)Reserves for Unpaid (4)Reserves for Unpaid (5)Reserves for Unpaid (6)General A038E Exposures!Investment Committee and Invest
EquitiesEquities (1)Equities (2)!Minimum Solvency Margin and ResMinimum Solvency Margin (1)!Conducting Insurance Business iCapital Releases RiskBased Capital RequirementsRiskBased Capital (1)!Our past and future acquisition!Fluctuations in the reinsurance!Our stock price may experience !Changes in US federal income taChanges in US federal (1)!COMPARISON OF 5 YEAR CUMULATIVECOMPARISON OF 5 YEAR (1)COMPARISON OF 5 YEAR (2)NO TITLE (1)COMPARISON OF 5 YEAR (3)!Net reduction in ultimate loss !Loss and Loss Adjustment ExpensLoss and Loss Adjustment (1)!Annual Loss and Loss Adjustment
Latent Claims!2 35 Billion Ultimate Industry 2 35 Billion Ultimate (1)2 35 Billion Ultimate (2)Fixed Maturity InvestmentsFixed Maturity (1)Fixed Maturity (2)!Net Investment Income and Net R Net Investment Income and (1) Net Investment Income and (2) Net Investment Income and (3) Net Investment Income and (4) Net Investment Income and (5) Net Investment Income and (6) Net Investment Income and (7) Net Investment Income and (8) Net Investment Income and (9)!Net Investment Income and (10)!Net Investment Income and (11)!Net Investment Income and (12)!Net Investment Income and (13)!Net Investment Income and (14)!Net Investment Income and (15)!Net Investment Income and (16)!Net Investment Income and (17)!Net Investment Income and (18)!Net Investment Income and (19)!Net Investment Income and (20)!Net Investment Income and (21)!Net Investment Income and (22)!Net Investment Income and (23)!Net Investment Income and (24)Reinsurance RecoverablesReinsurance Rec (1)!Aggregate Contractual Obligatio!of Investments Classified as Tr of Investments Classified (1) of Investments Classified (2) of Investments Classified (3)
Balance SheetIncome Statement of Investments Classified (4)Shareholders Equity
Cash Flows
EGI and BHEGI and BH (1)EGI and BH (2)EGI and BH (3)EGI and BH (4)EGI and BH (5)EGI and BH (6)EGI and BH (7)EGI and BH (8)EGI and BH (9)EGI and BH (10)EGI and BH (11)EGI and BH (12)EGI and BH (13)EGI and BH (14)EGI and BH (15)EGI and BH (16)EGI and BH (17)EGI and BH (18)EGI and BH (19)EGI and BH (20)EGI and BH (21)EGI and BH (22)EGI and BH (23)Constellation ReinsuranceConstellation R (1)Constellation R (2)Constellation R (3)Constellation R (4)Constellation R (5)Constellation R (6)Constellation R (7)Constellation R (8)Constellation R (9)Constellation R (10)Constellation R (11)Constellation R (12)Constellation R (13)Constellation R (14)Constellation R (15)Constellation R (16)Constellation R (17)Constellation R (18)!OtherThanTemporary Impairment POtherThanTemporary (1)OtherThanTemporary (2)OtherThanTemporary (3)OtherThanTemporary (4)OtherThanTemporary (5)OtherThanTemporary (6)OtherThanTemporary (7)OtherThanTemporary (8)OtherThanTemporary (9)OtherThanTemporary (10)OtherThanTemporary (11)OtherThanTemporary (12)OtherThanTemporary (13)OtherThanTemporary (14)!iii Enstar Group Limited Employiii Enstar Group Limited (1)iii Enstar Group Limited (2)iii Enstar Group Limited (3)iii Enstar Group Limited (4)iii Enstar Group Limited (5)iii Enstar Group Limited (6)iii Enstar Group Limited (7)iii Enstar Group Limited (8)iii Enstar Group Limited (9) iii Enstar Group Limited (10) iii Enstar Group Limited (11) iii Enstar Group Limited (12) iii Enstar Group Limited (13) iii Enstar Group Limited (14) iii Enstar Group Limited (15)Balance Sheet (1)Income Statemen (1)Cash Flows (1)Summary CompensationBeneficial Ownership!2 Financial Statement Schedules2 Financial Statement (1)2 Financial Statement (2)2 Financial Statement (3)2 Financial Statement (4)2 Financial Statement (5)2 Financial Statement (6)2 Financial Statement (7)2 Financial Statement (8)LISTING OF SUBSIDIARIESLISTING OF SUBS (1)NO TITLE (2)NO TITLE (3)NO TITLE (4)NO TITLE (5)NO TITLE (6)U }$ }7
(
Enstar Group LTD10K
03/04/2010Credit for Reinsurance. 1 )if the reinsurer is licensed in the state
1
)in which the primary insurer is domiciled0(or, in some instances, in certain states1)in which the primary insurer is licensed;
6.if the reinsurer is an accredited or otherwise0(approved reinsurer in the state in which/'the primary insurer is domiciled or, in2*some instances, in certain states in which( the primary insurer is licensed;2*in some instances, if the reinsurer (1) is3+domiciled in a state that is deemed to have4,substantially similar credit for reinsurance3+standards as the state in which the primary4,insurer is domiciled and (2) meets financialrequirements; or1)if none of the above apply, to the extent/'that the reinsurance obligations of the,$reinsurer are secured appropriately,1)typically through the posting of a letter0(of credit for the benefit of the primaryDD lwkGaj3Eh !"#$%&' 5 insurer or the deposit of assets into a trust!!/!'fund established for the benefit of the"""primary insurer.#$$%____________________________1&)Created by Morningstar Document Research.0'(http://documentresearch.morningstar.com/d0$=PF0*8X>
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NO TITLEHamilton HM JXHamilton HM JX (1)!Reserves for Unpaid Losses and Reserves for Unpaid (1)Reserves for Unpaid (2)Reserves for Unpaid (3)Reserves for Unpaid (4)Reserves for Unpaid (5)Reserves for Unpaid (6)General A038E Exposures!Investment Committee and Invest
EquitiesEquities (1)Equities (2)!Minimum Solvency Margin and ResMinimum Solvency Margin (1)!Conducting Insurance Business iCapital Releases RiskBased Capital RequirementsRiskBased Capital (1)Credit for Reinsurance!Fluctuations in the reinsurance!Our stock price may experience !Changes in US federal income taChanges in US federal (1)!COMPARISON OF 5 YEAR CUMULATIVECOMPARISON OF 5 YEAR (1)COMPARISON OF 5 YEAR (2)NO TITLE (1)COMPARISON OF 5 YEAR (3)!Net reduction in ultimate loss !Loss and Loss Adjustment ExpensLoss and Loss Adjustment (1)!Annual Loss and Loss Adjustment
Latent Claims!2 35 Billion Ultimate Industry 2 35 Billion Ultimate (1)2 35 Billion Ultimate (2)Fixed Maturity InvestmentsFixed Maturity (1)Fixed Maturity (2)!Net Investment Income and Net R Net Investment Income and (1) Net Investment Income and (2) Net Investment Income and (3) Net Investment Income and (4) Net Investment Income and (5) Net Investment Income and (6) Net Investment Income and (7) Net Investment Income and (8) Net Investment Income and (9)!Net Investment Income and (10)!Net Investment Income and (11)!Net Investment Income and (12)!Net Investment Income and (13)!Net Investment Income and (14)!Net Investment Income and (15)!Net Investment Income and (16)!Net Investment Income and (17)!Net Investment Income and (18)!Net Investment Income and (19)!Net Investment Income and (20)!Net Investment Income and (21)!Net Investment Income and (22)!Net Investment Income and (23)!Net Investment Income and (24)Reinsurance RecoverablesReinsurance Rec (1)!Aggregate Contractual Obligatio!of Investments Classified as Tr of Investments Classified (1) of Investments Classified (2) of Investments Classified (3)
Balance SheetIncome Statement of Investments Classified (4)Shareholders Equity
Cash Flows
EGI and BHEGI and BH (1)EGI and BH (2)EGI and BH (3)EGI and BH (4)EGI and BH (5)EGI and BH (6)EGI and BH (7)EGI and BH (8)EGI and BH (9)EGI and BH (10)EGI and BH (11)EGI and BH (12)EGI and BH (13)EGI and BH (14)EGI and BH (15)EGI and BH (16)EGI and BH (17)EGI and BH (18)EGI and BH (19)EGI and BH (20)EGI and BH (21)EGI and BH (22)EGI and BH (23)Constellation ReinsuranceConstellation R (1)Constellation R (2)Constellation R (3)Constellation R (4)Constellation R (5)Constellation R (6)Constellation R (7)Constellation R (8)Constellation R (9)Constellation R (10)Constellation R (11)Constellation R (12)Constellation R (13)Constellation R (14)Constellation R (15)Constellation R (16)Constellation R (17)Constellation R (18)!OtherThanTemporary Impairment POtherThanTemporary (1)OtherThanTemporary (2)OtherThanTemporary (3)OtherThanTemporary (4)OtherThanTemporary (5)OtherThanTemporary (6)OtherThanTemporary (7)OtherThanTemporary (8)OtherThanTemporary (9)OtherThanTemporary (10)OtherThanTemporary (11)OtherThanTemporary (12)OtherThanTemporary (13)OtherThanTemporary (14)!iii Enstar Group Limited Employiii Enstar Group Limited (1)iii Enstar Group Limited (2)iii Enstar Group Limited (3)iii Enstar Group Limited (4)iii Enstar Group Limited (5)iii Enstar Group Limited (6)iii Enstar Group Limited (7)iii Enstar Group Limited (8)iii Enstar Group Limited (9) iii Enstar Group Limited (10) iii Enstar Group Limited (11) iii Enstar Group Limited (12) iii Enstar Group Limited (13) iii Enstar Group Limited (14) iii Enstar Group Limited (15)Balance Sheet (1)Income Statemen (1)Cash Flows (1)Summary CompensationBeneficial Ownership!2 Financial Statement Schedules2 Financial Statement (1)2 Financial Statement (2)2 Financial Statement (3)2 Financial Statement (4)2 Financial Statement (5)2 Financial Statement (6)2 Financial Statement (7)2 Financial Statement (8)LISTING OF SUBSIDIARIESLISTING OF SUBS (1)NO TITLE (2)NO TITLE (3)NO TITLE (4)NO TITLE (5)NO TITLE (6)U }$ }>
.
Enstar Group LTD10K
03/04/2010kcOur past and future acquisitions may expose us to operational risks such as cash flow shortages, ch 2 *funding cash flow shortages that may occur
0
(if anticipated revenues are not realized3+or are delayed, whether by general economic3+or market conditions or unforeseen internal
difficulties;2*funding cash flow shortages that may occur1)if expenses are greater than anticipated;5the value of assets being lower than expected1)or diminishing because of credit defaults4,or changes in interest rates, or liabilities,$assumed being greater than expected;%integrating financial and operational.&reporting systems, including assurance<4of compliance with Section 404 of the SarbanesOxley2*Act of 2002 and our Exchange Act reporting
requirements;+#establishing satisfactory budgetary%and other financial controls;DlC7+a8AT
d3' !"#$%&'()*+, 4 ,funding increased capital needs and overhead!!! expenses;"##/#'obtaining management personnel required$$$$for expanded operations; and%&&1&)the assets and liabilities we may acquire''3'+may be subject to foreign currency exchange(((rate fluctuation.)*$+____________________________1,)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/ w,D=PF0*8X>
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NO TITLEHamilton HM JXHamilton HM JX (1)!Reserves for Unpaid Losses and Reserves for Unpaid (1)Reserves for Unpaid (2)Reserves for Unpaid (3)Reserves for Unpaid (4)Reserves for Unpaid (5)Reserves for Unpaid (6)General A038E Exposures!Investment Committee and Invest
EquitiesEquities (1)Equities (2)!Minimum Solvency Margin and ResMinimum Solvency Margin (1)!Conducting Insurance Business iCapital Releases RiskBased Capital RequirementsRiskBased Capital (1)Credit for Reinsurance!Our past and future acquisition!Our stock price may experience !Changes in US federal income taChanges in US federal (1)!COMPARISON OF 5 YEAR CUMULATIVECOMPARISON OF 5 YEAR (1)COMPARISON OF 5 YEAR (2)NO TITLE (1)COMPARISON OF 5 YEAR (3)!Net reduction in ultimate loss !Loss and Loss Adjustment ExpensLoss and Loss Adjustment (1)!Annual Loss and Loss Adjustment
Latent Claims!2 35 Billion Ultimate Industry 2 35 Billion Ultimate (1)2 35 Billion Ultimate (2)Fixed Maturity InvestmentsFixed Maturity (1)Fixed Maturity (2)!Net Investment Income and Net R Net Investment Income and (1) Net Investment Income and (2) Net Investment Income and (3) Net Investment Income and (4) Net Investment Income and (5) Net Investment Income and (6) Net Investment Income and (7) Net Investment Income and (8) Net Investment Income and (9)!Net Investment Income and (10)!Net Investment Income and (11)!Net Investment Income and (12)!Net Investment Income and (13)!Net Investment Income and (14)!Net Investment Income and (15)!Net Investment Income and (16)!Net Investment Income and (17)!Net Investment Income and (18)!Net Investment Income and (19)!Net Investment Income and (20)!Net Investment Income and (21)!Net Investment Income and (22)!Net Investment Income and (23)!Net Investment Income and (24)Reinsurance RecoverablesReinsurance Rec (1)!Aggregate Contractual Obligatio!of Investments Classified as Tr of Investments Classified (1) of Investments Classified (2) of Investments Classified (3)
Balance SheetIncome Statement of Investments Classified (4)Shareholders Equity
Cash Flows
EGI and BHEGI and BH (1)EGI and BH (2)EGI and BH (3)EGI and BH (4)EGI and BH (5)EGI and BH (6)EGI and BH (7)EGI and BH (8)EGI and BH (9)EGI and BH (10)EGI and BH (11)EGI and BH (12)EGI and BH (13)EGI and BH (14)EGI and BH (15)EGI and BH (16)EGI and BH (17)EGI and BH (18)EGI and BH (19)EGI and BH (20)EGI and BH (21)EGI and BH (22)EGI and BH (23)Constellation ReinsuranceConstellation R (1)Constellation R (2)Constellation R (3)Constellation R (4)Constellation R (5)Constellation R (6)Constellation R (7)Constellation R (8)Constellation R (9)Constellation R (10)Constellation R (11)Constellation R (12)Constellation R (13)Constellation R (14)Constellation R (15)Constellation R (16)Constellation R (17)Constellation R (18)!OtherThanTemporary Impairment POtherThanTemporary (1)OtherThanTemporary (2)OtherThanTemporary (3)OtherThanTemporary (4)OtherThanTemporary (5)OtherThanTemporary (6)OtherThanTemporary (7)OtherThanTemporary (8)OtherThanTemporary (9)OtherThanTemporary (10)OtherThanTemporary (11)OtherThanTemporary (12)OtherThanTemporary (13)OtherThanTemporary (14)!iii Enstar Group Limited Employiii Enstar Group Limited (1)iii Enstar Group Limited (2)iii Enstar Group Limited (3)iii Enstar Group Limited (4)iii Enstar Group Limited (5)iii Enstar Group Limited (6)iii Enstar Group Limited (7)iii Enstar Group Limited (8)iii Enstar Group Limited (9) iii Enstar Group Limited (10) iii Enstar Group Limited (11) iii Enstar Group Limited (12) iii Enstar Group Limited (13) iii Enstar Group Limited (14) iii Enstar Group Limited (15)Balance Sheet (1)Income Statemen (1)Cash Flows (1)Summary CompensationBeneficial Ownership!2 Financial Statement Schedules2 Financial Statement (1)2 Financial Statement (2)2 Financial Statement (3)2 Financial Statement (4)2 Financial Statement (5)2 Financial Statement (6)2 Financial Statement (7)2 Financial Statement (8)LISTING OF SUBSIDIARIESLISTING OF SUBS (1)NO TITLE (2)NO TITLE (3)NO TITLE (4)NO TITLE (5)NO TITLE (6)U }$ }y<
$
Enstar Group LTD10K
03/04/2010^VFluctuations in the reinsurance industry may cause our operating results to fluctuate. 4 ,fluctuations in interest rates, inflationary
5
pressures and other changes in the investment5environment, which affect returns on invested2*capital and may affect the ultimate payout
6
.of loss amounts and the costs of administering&books of reinsurance business;0(volatile and unpredictable developments,1)such as those that have occurred recently.&in the worldwide financial and credit/'markets, which may adversely affect the.&recoverability of reinsurance from ourreinsurers;4,changes in reserves resulting from different:2types of claims that may arise and the development,$of judicial interpretations relating/'to the scope of insurers liability; and.&the overall level of economic activity.&and the competitive environment in the industry.D lPD8,gv4(Eu%<0 !"# $!____________________________1")Created by Morningstar Document Research.0#(http://documentresearch.morningstar.com/<=PF0*8X>
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NO TITLEHamilton HM JXHamilton HM JX (1)!Reserves for Unpaid Losses and Reserves for Unpaid (1)Reserves for Unpaid (2)Reserves for Unpaid (3)Reserves for Unpaid (4)Reserves for Unpaid (5)Reserves for Unpaid (6)General A038E Exposures!Investment Committee and Invest
EquitiesEquities (1)Equities (2)!Minimum Solvency Margin and ResMinimum Solvency Margin (1)!Conducting Insurance Business iCapital Releases RiskBased Capital RequirementsRiskBased Capital (1)Credit for Reinsurance!Our past and future acquisition!Fluctuations in the reinsurance!Changes in US federal income taChanges in US federal (1)!COMPARISON OF 5 YEAR CUMULATIVECOMPARISON OF 5 YEAR (1)COMPARISON OF 5 YEAR (2)NO TITLE (1)COMPARISON OF 5 YEAR (3)!Net reduction in ultimate loss !Loss and Loss Adjustment ExpensLoss and Loss Adjustment (1)!Annual Loss and Loss Adjustment
Latent Claims!2 35 Billion Ultimate Industry 2 35 Billion Ultimate (1)2 35 Billion Ultimate (2)Fixed Maturity InvestmentsFixed Maturity (1)Fixed Maturity (2)!Net Investment Income and Net R Net Investment Income and (1) Net Investment Income and (2) Net Investment Income and (3) Net Investment Income and (4) Net Investment Income and (5) Net Investment Income and (6) Net Investment Income and (7) Net Investment Income and (8) Net Investment Income and (9)!Net Investment Income and (10)!Net Investment Income and (11)!Net Investment Income and (12)!Net Investment Income and (13)!Net Investment Income and (14)!Net Investment Income and (15)!Net Investment Income and (16)!Net Investment Income and (17)!Net Investment Income and (18)!Net Investment Income and (19)!Net Investment Income and (20)!Net Investment Income and (21)!Net Investment Income and (22)!Net Investment Income and (23)!Net Investment Income and (24)Reinsurance RecoverablesReinsurance Rec (1)!Aggregate Contractual Obligatio!of Investments Classified as Tr of Investments Classified (1) of Investments Classified (2) of Investments Classified (3)
Balance SheetIncome Statement of Investments Classified (4)Shareholders Equity
Cash Flows
EGI and BHEGI and BH (1)EGI and BH (2)EGI and BH (3)EGI and BH (4)EGI and BH (5)EGI and BH (6)EGI and BH (7)EGI and BH (8)EGI and BH (9)EGI and BH (10)EGI and BH (11)EGI and BH (12)EGI and BH (13)EGI and BH (14)EGI and BH (15)EGI and BH (16)EGI and BH (17)EGI and BH (18)EGI and BH (19)EGI and BH (20)EGI and BH (21)EGI and BH (22)EGI and BH (23)Constellation ReinsuranceConstellation R (1)Constellation R (2)Constellation R (3)Constellation R (4)Constellation R (5)Constellation R (6)Constellation R (7)Constellation R (8)Constellation R (9)Constellation R (10)Constellation R (11)Constellation R (12)Constellation R (13)Constellation R (14)Constellation R (15)Constellation R (16)Constellation R (17)Constellation R (18)!OtherThanTemporary Impairment POtherThanTemporary (1)OtherThanTemporary (2)OtherThanTemporary (3)OtherThanTemporary (4)OtherThanTemporary (5)OtherThanTemporary (6)OtherThanTemporary (7)OtherThanTemporary (8)OtherThanTemporary (9)OtherThanTemporary (10)OtherThanTemporary (11)OtherThanTemporary (12)OtherThanTemporary (13)OtherThanTemporary (14)!iii Enstar Group Limited Employiii Enstar Group Limited (1)iii Enstar Group Limited (2)iii Enstar Group Limited (3)iii Enstar Group Limited (4)iii Enstar Group Limited (5)iii Enstar Group Limited (6)iii Enstar Group Limited (7)iii Enstar Group Limited (8)iii Enstar Group Limited (9) iii Enstar Group Limited (10) iii Enstar Group Limited (11) iii Enstar Group Limited (12) iii Enstar Group Limited (13) iii Enstar Group Limited (14) iii Enstar Group Limited (15)Balance Sheet (1)Income Statemen (1)Cash Flows (1)Summary CompensationBeneficial Ownership!2 Financial Statement Schedules2 Financial Statement (1)2 Financial Statement (2)2 Financial Statement (3)2 Financial Statement (4)2 Financial Statement (5)2 Financial Statement (6)2 Financial Statement (7)2 Financial Statement (8)LISTING OF SUBSIDIARIESLISTING OF SUBS (1)NO TITLE (2)NO TITLE (3)NO TITLE (4)NO TITLE (5)NO TITLE (6)U }$ }7
Enstar Group LTD10K
03/04/2010kcOur stock price may experience volatility, thereby causing a potential loss of value to our investo 4 ,announcements with respect to an acquisition
or investment;+#changes in the value of our assets;
3+our quarterly and annual operating results;/'sales, or the possibility or perception6.of future sales, by our existing shareholders;4,changes in general conditions in the economy#and the insurance industry;"the financial markets; and,$adverse press or news announcements.$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/@DC7+ym&t"{=1=PF0*8X>
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NO TITLEHamilton HM JXHamilton HM JX (1)!Reserves for Unpaid Losses and Reserves for Unpaid (1)Reserves for Unpaid (2)Reserves for Unpaid (3)Reserves for Unpaid (4)Reserves for Unpaid (5)Reserves for Unpaid (6)General A038E Exposures!Investment Committee and Invest
EquitiesEquities (1)Equities (2)!Minimum Solvency Margin and ResMinimum Solvency Margin (1)!Conducting Insurance Business iCapital Releases RiskBased Capital RequirementsRiskBased Capital (1)Credit for Reinsurance!Our past and future acquisition!Fluctuations in the reinsurance!Our stock price may experience Changes in US federal (1)!COMPARISON OF 5 YEAR CUMULATIVECOMPARISON OF 5 YEAR (1)COMPARISON OF 5 YEAR (2)NO TITLE (1)COMPARISON OF 5 YEAR (3)!Net reduction in ultimate loss !Loss and Loss Adjustment ExpensLoss and Loss Adjustment (1)!Annual Loss and Loss Adjustment
Latent Claims!2 35 Billion Ultimate Industry 2 35 Billion Ultimate (1)2 35 Billion Ultimate (2)Fixed Maturity InvestmentsFixed Maturity (1)Fixed Maturity (2)!Net Investment Income and Net R Net Investment Income and (1) Net Investment Income and (2) Net Investment Income and (3) Net Investment Income and (4) Net Investment Income and (5) Net Investment Income and (6) Net Investment Income and (7) Net Investment Income and (8) Net Investment Income and (9)!Net Investment Income and (10)!Net Investment Income and (11)!Net Investment Income and (12)!Net Investment Income and (13)!Net Investment Income and (14)!Net Investment Income and (15)!Net Investment Income and (16)!Net Investment Income and (17)!Net Investment Income and (18)!Net Investment Income and (19)!Net Investment Income and (20)!Net Investment Income and (21)!Net Investment Income and (22)!Net Investment Income and (23)!Net Investment Income and (24)Reinsurance RecoverablesReinsurance Rec (1)!Aggregate Contractual Obligatio!of Investments Classified as Tr of Investments Classified (1) of Investments Classified (2) of Investments Classified (3)
Balance SheetIncome Statement of Investments Classified (4)Shareholders Equity
Cash Flows
EGI and BHEGI and BH (1)EGI and BH (2)EGI and BH (3)EGI and BH (4)EGI and BH (5)EGI and BH (6)EGI and BH (7)EGI and BH (8)EGI and BH (9)EGI and BH (10)EGI and BH (11)EGI and BH (12)EGI and BH (13)EGI and BH (14)EGI and BH (15)EGI and BH (16)EGI and BH (17)EGI and BH (18)EGI and BH (19)EGI and BH (20)EGI and BH (21)EGI and BH (22)EGI and BH (23)Constellation ReinsuranceConstellation R (1)Constellation R (2)Constellation R (3)Constellation R (4)Constellation R (5)Constellation R (6)Constellation R (7)Constellation R (8)Constellation R (9)Constellation R (10)Constellation R (11)Constellation R (12)Constellation R (13)Constellation R (14)Constellation R (15)Constellation R (16)Constellation R (17)Constellation R (18)!OtherThanTemporary Impairment POtherThanTemporary (1)OtherThanTemporary (2)OtherThanTemporary (3)OtherThanTemporary (4)OtherThanTemporary (5)OtherThanTemporary (6)OtherThanTemporary (7)OtherThanTemporary (8)OtherThanTemporary (9)OtherThanTemporary (10)OtherThanTemporary (11)OtherThanTemporary (12)OtherThanTemporary (13)OtherThanTemporary (14)!iii Enstar Group Limited Employiii Enstar Group Limited (1)iii Enstar Group Limited (2)iii Enstar Group Limited (3)iii Enstar Group Limited (4)iii Enstar Group Limited (5)iii Enstar Group Limited (6)iii Enstar Group Limited (7)iii Enstar Group Limited (8)iii Enstar Group Limited (9) iii Enstar Group Limited (10) iii Enstar Group Limited (11) iii Enstar Group Limited (12) iii Enstar Group Limited (13) iii Enstar Group Limited (14) iii Enstar Group Limited (15)Balance Sheet (1)Income Statemen (1)Cash Flows (1)Summary CompensationBeneficial Ownership!2 Financial Statement Schedules2 Financial Statement (1)2 Financial Statement (2)2 Financial Statement (3)2 Financial Statement (4)2 Financial Statement (5)2 Financial Statement (6)2 Financial Statement (7)2 Financial Statement (8)LISTING OF SUBSIDIARIESLISTING OF SUBS (1)NO TITLE (2)NO TITLE (3)NO TITLE (4)NO TITLE (5)NO TITLE (6)U }*}$ }a}$ }
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Enstar Group LTD10K
03/04/2010^VChanges in U.S. federal income tax law could materially affect us or our shareholders. Square
Lease
EntityLocationFeet
Expiration
Enstar Limited
Hamilton, Bermuda
~
August 7, 2014Enstar (EU) LimitedGuildford, England~
b
June 15, 2012Enstar (EU) LimitedLondon, England~
^March 24, 2016Enstar (EU) LimitedLondon, England~
B"March 24, 2011&River Thames Insurance CompanyLondon, England~
bMarch 24, 2015 Enstar Australia LimitedSydney, Australia~
z~April 30, 2013+#Copenhagen Reinsurance Company Ltd.London, England~
March 24, 2010Enstar (US) Inc. Tampa, FL~
nOctober 31, 2011Enstar (US) Inc.Warwick, RI~
.May 31, 2011Enstar USA, Inc.Montgomery, AL~
'December 31, 2012$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/<PD8,Uym2Mc1%=PF0*8X>
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NO TITLEHamilton HM JXHamilton HM JX (1)!Reserves for Unpaid Losses and Reserves for Unpaid (1)Reserves for Unpaid (2)Reserves for Unpaid (3)Reserves for Unpaid (4)Reserves for Unpaid (5)Reserves for Unpaid (6)General A038E Exposures!Investment Committee and Invest
EquitiesEquities (1)Equities (2)!Minimum Solvency Margin and ResMinimum Solvency Margin (1)!Conducting Insurance Business iCapital Releases RiskBased Capital RequirementsRiskBased Capital (1)Credit for Reinsurance!Our past and future acquisition!Fluctuations in the reinsurance!Our stock price may experience !Changes in US federal income ta!COMPARISON OF 5 YEAR CUMULATIVECOMPARISON OF 5 YEAR (1)COMPARISON OF 5 YEAR (2)NO TITLE (1)COMPARISON OF 5 YEAR (3)!Net reduction in ultimate loss !Loss and Loss Adjustment ExpensLoss and Loss Adjustment (1)!Annual Loss and Loss Adjustment
Latent Claims!2 35 Billion Ultimate Industry 2 35 Billion Ultimate (1)2 35 Billion Ultimate (2)Fixed Maturity InvestmentsFixed Maturity (1)Fixed Maturity (2)!Net Investment Income and Net R Net Investment Income and (1) Net Investment Income and (2) Net Investment Income and (3) Net Investment Income and (4) Net Investment Income and (5) Net Investment Income and (6) Net Investment Income and (7) Net Investment Income and (8) Net Investment Income and (9)!Net Investment Income and (10)!Net Investment Income and (11)!Net Investment Income and (12)!Net Investment Income and (13)!Net Investment Income and (14)!Net Investment Income and (15)!Net Investment Income and (16)!Net Investment Income and (17)!Net Investment Income and (18)!Net Investment Income and (19)!Net Investment Income and (20)!Net Investment Income and (21)!Net Investment Income and (22)!Net Investment Income and (23)!Net Investment Income and (24)Reinsurance RecoverablesReinsurance Rec (1)!Aggregate Contractual Obligatio!of Investments Classified as Tr of Investments Classified (1) of Investments Classified (2) of Investments Classified (3)
Balance SheetIncome Statement of Investments Classified (4)Shareholders Equity
Cash Flows
EGI and BHEGI and BH (1)EGI and BH (2)EGI and BH (3)EGI and BH (4)EGI and BH (5)EGI and BH (6)EGI and BH (7)EGI and BH (8)EGI and BH (9)EGI and BH (10)EGI and BH (11)EGI and BH (12)EGI and BH (13)EGI and BH (14)EGI and BH (15)EGI and BH (16)EGI and BH (17)EGI and BH (18)EGI and BH (19)EGI and BH (20)EGI and BH (21)EGI and BH (22)EGI and BH (23)Constellation ReinsuranceConstellation R (1)Constellation R (2)Constellation R (3)Constellation R (4)Constellation R (5)Constellation R (6)Constellation R (7)Constellation R (8)Constellation R (9)Constellation R (10)Constellation R (11)Constellation R (12)Constellation R (13)Constellation R (14)Constellation R (15)Constellation R (16)Constellation R (17)Constellation R (18)!OtherThanTemporary Impairment POtherThanTemporary (1)OtherThanTemporary (2)OtherThanTemporary (3)OtherThanTemporary (4)OtherThanTemporary (5)OtherThanTemporary (6)OtherThanTemporary (7)OtherThanTemporary (8)OtherThanTemporary (9)OtherThanTemporary (10)OtherThanTemporary (11)OtherThanTemporary (12)OtherThanTemporary (13)OtherThanTemporary (14)!iii Enstar Group Limited Employiii Enstar Group Limited (1)iii Enstar Group Limited (2)iii Enstar Group Limited (3)iii Enstar Group Limited (4)iii Enstar Group Limited (5)iii Enstar Group Limited (6)iii Enstar Group Limited (7)iii Enstar Group Limited (8)iii Enstar Group Limited (9) iii Enstar Group Limited (10) iii Enstar Group Limited (11) iii Enstar Group Limited (12) iii Enstar Group Limited (13) iii Enstar Group Limited (14) iii Enstar Group Limited (15)Balance Sheet (1)Income Statemen (1)Cash Flows (1)Summary CompensationBeneficial Ownership!2 Financial Statement Schedules2 Financial Statement (1)2 Financial Statement (2)2 Financial Statement (3)2 Financial Statement (4)2 Financial Statement (5)2 Financial Statement (6)2 Financial Statement (7)2 Financial Statement (8)LISTING OF SUBSIDIARIESLISTING OF SUBS (1)NO TITLE (2)NO TITLE (3)NO TITLE (4)NO TITLE (5)NO TITLE (6)U }}$
Enstar Group LTD10K
03/04/2010^VChanges in U.S. federal income tax law could materially affect us or our shareholders.
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NO TITLEHamilton HM JXHamilton HM JX (1)!Reserves for Unpaid Losses and Reserves for Unpaid (1)Reserves for Unpaid (2)Reserves for Unpaid (3)Reserves for Unpaid (4)Reserves for Unpaid (5)Reserves for Unpaid (6)General A038E Exposures!Investment Committee and Invest
EquitiesEquities (1)Equities (2)!Minimum Solvency Margin and ResMinimum Solvency Margin (1)!Conducting Insurance Business iCapital Releases RiskBased Capital RequirementsRiskBased Capital (1)Credit for Reinsurance!Our past and future acquisition!Fluctuations in the reinsurance!Our stock price may experience !Changes in US federal income taChanges in US federal (1)COMPARISON OF 5 YEAR (1)COMPARISON OF 5 YEAR (2)NO TITLE (1)COMPARISON OF 5 YEAR (3)!Net reduction in ultimate loss !Loss and Loss Adjustment ExpensLoss and Loss Adjustment (1)!Annual Loss and Loss Adjustment
Latent Claims!2 35 Billion Ultimate Industry 2 35 Billion Ultimate (1)2 35 Billion Ultimate (2)Fixed Maturity InvestmentsFixed Maturity (1)Fixed Maturity (2)!Net Investment Income and Net R Net Investment Income and (1) Net Investment Income and (2) Net Investment Income and (3) Net Investment Income and (4) Net Investment Income and (5) Net Investment Income and (6) Net Investment Income and (7) Net Investment Income and (8) Net Investment Income and (9)!Net Investment Income and (10)!Net Investment Income and (11)!Net Investment Income and (12)!Net Investment Income and (13)!Net Investment Income and (14)!Net Investment Income and (15)!Net Investment Income and (16)!Net Investment Income and (17)!Net Investment Income and (18)!Net Investment Income and (19)!Net Investment Income and (20)!Net Investment Income and (21)!Net Investment Income and (22)!Net Investment Income and (23)!Net Investment Income and (24)Reinsurance RecoverablesReinsurance Rec (1)!Aggregate Contractual Obligatio!of Investments Classified as Tr of Investments Classified (1) of Investments Classified (2) of Investments Classified (3)
Balance SheetIncome Statement of Investments Classified (4)Shareholders Equity
Cash Flows
EGI and BHEGI and BH (1)EGI and BH (2)EGI and BH (3)EGI and BH (4)EGI and BH (5)EGI and BH (6)EGI and BH (7)EGI and BH (8)EGI and BH (9)EGI and BH (10)EGI and BH (11)EGI and BH (12)EGI and BH (13)EGI and BH (14)EGI and BH (15)EGI and BH (16)EGI and BH (17)EGI and BH (18)EGI and BH (19)EGI and BH (20)EGI and BH (21)EGI and BH (22)EGI and BH (23)Constellation ReinsuranceConstellation R (1)Constellation R (2)Constellation R (3)Constellation R (4)Constellation R (5)Constellation R (6)Constellation R (7)Constellation R (8)Constellation R (9)Constellation R (10)Constellation R (11)Constellation R (12)Constellation R (13)Constellation R (14)Constellation R (15)Constellation R (16)Constellation R (17)Constellation R (18)!OtherThanTemporary Impairment POtherThanTemporary (1)OtherThanTemporary (2)OtherThanTemporary (3)OtherThanTemporary (4)OtherThanTemporary (5)OtherThanTemporary (6)OtherThanTemporary (7)OtherThanTemporary (8)OtherThanTemporary (9)OtherThanTemporary (10)OtherThanTemporary (11)OtherThanTemporary (12)OtherThanTemporary (13)OtherThanTemporary (14)!iii Enstar Group Limited Employiii Enstar Group Limited (1)iii Enstar Group Limited (2)iii Enstar Group Limited (3)iii Enstar Group Limited (4)iii Enstar Group Limited (5)iii Enstar Group Limited (6)iii Enstar Group Limited (7)iii Enstar Group Limited (8)iii Enstar Group Limited (9) iii Enstar Group Limited (10) iii Enstar Group Limited (11) iii Enstar Group Limited (12) iii Enstar Group Limited (13) iii Enstar Group Limited (14) iii Enstar Group Limited (15)Balance Sheet (1)Income Statemen (1)Cash Flows (1)Summary CompensationBeneficial Ownership!2 Financial Statement Schedules2 Financial Statement (1)2 Financial Statement (2)2 Financial Statement (3)2 Financial Statement (4)2 Financial Statement (5)2 Financial Statement (6)2 Financial Statement (7)2 Financial Statement (8)LISTING OF SUBSIDIARIESLISTING OF SUBS (1)NO TITLE (2)NO TITLE (3)NO TITLE (4)NO TITLE (5)NO TITLE (6)U }}$ }}$ } }
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Enstar Group LTD10K
03/04/20104,COMPARISON OF 5 YEAR CUMULATIVE TOTAL RETURN
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NO TITLEHamilton HM JXHamilton HM JX (1)!Reserves for Unpaid Losses and Reserves for Unpaid (1)Reserves for Unpaid (2)Reserves for Unpaid (3)Reserves for Unpaid (4)Reserves for Unpaid (5)Reserves for Unpaid (6)General A038E Exposures!Investment Committee and Invest
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Latent Claims!2 35 Billion Ultimate Industry 2 35 Billion Ultimate (1)2 35 Billion Ultimate (2)Fixed Maturity InvestmentsFixed Maturity (1)Fixed Maturity (2)!Net Investment Income and Net R Net Investment Income and (1) Net Investment Income and (2) Net Investment Income and (3) Net Investment Income and (4) Net Investment Income and (5) Net Investment Income and (6) Net Investment Income and (7) Net Investment Income and (8) Net Investment Income and (9)!Net Investment Income and (10)!Net Investment Income and (11)!Net Investment Income and (12)!Net Investment Income and (13)!Net Investment Income and (14)!Net Investment Income and (15)!Net Investment Income and (16)!Net Investment Income and (17)!Net Investment Income and (18)!Net Investment Income and (19)!Net Investment Income and (20)!Net Investment Income and (21)!Net Investment Income and (22)!Net Investment Income and (23)!Net Investment Income and (24)Reinsurance RecoverablesReinsurance Rec (1)!Aggregate Contractual Obligatio!of Investments Classified as Tr of Investments Classified (1) of Investments Classified (2) of Investments Classified (3)
Balance SheetIncome Statement of Investments Classified (4)Shareholders Equity
Cash Flows
EGI and BHEGI and BH (1)EGI and BH (2)EGI and BH (3)EGI and BH (4)EGI and BH (5)EGI and BH (6)EGI and BH (7)EGI and BH (8)EGI and BH (9)EGI and BH (10)EGI and BH (11)EGI and BH (12)EGI and BH (13)EGI and BH (14)EGI and BH (15)EGI and BH (16)EGI and BH (17)EGI and BH (18)EGI and BH (19)EGI and BH (20)EGI and BH (21)EGI and BH (22)EGI and BH (23)Constellation ReinsuranceConstellation R (1)Constellation R (2)Constellation R (3)Constellation R (4)Constellation R (5)Constellation R (6)Constellation R (7)Constellation R (8)Constellation R (9)Constellation R (10)Constellation R (11)Constellation R (12)Constellation R (13)Constellation R (14)Constellation R (15)Constellation R (16)Constellation R (17)Constellation R (18)!OtherThanTemporary Impairment POtherThanTemporary (1)OtherThanTemporary (2)OtherThanTemporary (3)OtherThanTemporary (4)OtherThanTemporary (5)OtherThanTemporary (6)OtherThanTemporary (7)OtherThanTemporary (8)OtherThanTemporary (9)OtherThanTemporary (10)OtherThanTemporary (11)OtherThanTemporary (12)OtherThanTemporary (13)OtherThanTemporary (14)!iii Enstar Group Limited Employiii Enstar Group Limited (1)iii Enstar Group Limited (2)iii Enstar Group Limited (3)iii Enstar Group Limited (4)iii Enstar Group Limited (5)iii Enstar Group Limited (6)iii Enstar Group Limited (7)iii Enstar Group Limited (8)iii Enstar Group Limited (9) iii Enstar Group Limited (10) iii Enstar Group Limited (11) iii Enstar Group Limited (12) iii Enstar Group Limited (13) iii Enstar Group Limited (14) iii Enstar Group Limited (15)Balance Sheet (1)Income Statemen (1)Cash Flows (1)Summary CompensationBeneficial Ownership!2 Financial Statement Schedules2 Financial Statement (1)2 Financial Statement (2)2 Financial Statement (3)2 Financial Statement (4)2 Financial Statement (5)2 Financial Statement (6)2 Financial Statement (7)2 Financial Statement (8)LISTING OF SUBSIDIARIESLISTING OF SUBS (1)NO TITLE (2)NO TITLE (3)NO TITLE (4)NO TITLE (5)NO TITLE (6)U }I;}$ }}$ }}
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NO TITLEHamilton HM JXHamilton HM JX (1)!Reserves for Unpaid Losses and Reserves for Unpaid (1)Reserves for Unpaid (2)Reserves for Unpaid (3)Reserves for Unpaid (4)Reserves for Unpaid (5)Reserves for Unpaid (6)General A038E Exposures!Investment Committee and Invest
EquitiesEquities (1)Equities (2)!Minimum Solvency Margin and ResMinimum Solvency Margin (1)!Conducting Insurance Business iCapital Releases RiskBased Capital RequirementsRiskBased Capital (1)Credit for Reinsurance!Our past and future acquisition!Fluctuations in the reinsurance!Our stock price may experience !Changes in US federal income taChanges in US federal (1)!COMPARISON OF 5 YEAR CUMULATIVECOMPARISON OF 5 YEAR (1)NO TITLE (1)COMPARISON OF 5 YEAR (3)!Net reduction in ultimate loss !Loss and Loss Adjustment ExpensLoss and Loss Adjustment (1)!Annual Loss and Loss Adjustment
Latent Claims!2 35 Billion Ultimate Industry 2 35 Billion Ultimate (1)2 35 Billion Ultimate (2)Fixed Maturity InvestmentsFixed Maturity (1)Fixed Maturity (2)!Net Investment Income and Net R Net Investment Income and (1) Net Investment Income and (2) Net Investment Income and (3) Net Investment Income and (4) Net Investment Income and (5) Net Investment Income and (6) Net Investment Income and (7) Net Investment Income and (8) Net Investment Income and (9)!Net Investment Income and (10)!Net Investment Income and (11)!Net Investment Income and (12)!Net Investment Income and (13)!Net Investment Income and (14)!Net Investment Income and (15)!Net Investment Income and (16)!Net Investment Income and (17)!Net Investment Income and (18)!Net Investment Income and (19)!Net Investment Income and (20)!Net Investment Income and (21)!Net Investment Income and (22)!Net Investment Income and (23)!Net Investment Income and (24)Reinsurance RecoverablesReinsurance Rec (1)!Aggregate Contractual Obligatio!of Investments Classified as Tr of Investments Classified (1) of Investments Classified (2) of Investments Classified (3)
Balance SheetIncome Statement of Investments Classified (4)Shareholders Equity
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EGI and BHEGI and BH (1)EGI and BH (2)EGI and BH (3)EGI and BH (4)EGI and BH (5)EGI and BH (6)EGI and BH (7)EGI and BH (8)EGI and BH (9)EGI and BH (10)EGI and BH (11)EGI and BH (12)EGI and BH (13)EGI and BH (14)EGI and BH (15)EGI and BH (16)EGI and BH (17)EGI and BH (18)EGI and BH (19)EGI and BH (20)EGI and BH (21)EGI and BH (22)EGI and BH (23)Constellation ReinsuranceConstellation R (1)Constellation R (2)Constellation R (3)Constellation R (4)Constellation R (5)Constellation R (6)Constellation R (7)Constellation R (8)Constellation R (9)Constellation R (10)Constellation R (11)Constellation R (12)Constellation R (13)Constellation R (14)Constellation R (15)Constellation R (16)Constellation R (17)Constellation R (18)!OtherThanTemporary Impairment POtherThanTemporary (1)OtherThanTemporary (2)OtherThanTemporary (3)OtherThanTemporary (4)OtherThanTemporary (5)OtherThanTemporary (6)OtherThanTemporary (7)OtherThanTemporary (8)OtherThanTemporary (9)OtherThanTemporary (10)OtherThanTemporary (11)OtherThanTemporary (12)OtherThanTemporary (13)OtherThanTemporary (14)!iii Enstar Group Limited Employiii Enstar Group Limited (1)iii Enstar Group Limited (2)iii Enstar Group Limited (3)iii Enstar Group Limited (4)iii Enstar Group Limited (5)iii Enstar Group Limited (6)iii Enstar Group Limited (7)iii Enstar Group Limited (8)iii Enstar Group Limited (9) iii Enstar Group Limited (10) iii Enstar Group Limited (11) iii Enstar Group Limited (12) iii Enstar Group Limited (13) iii Enstar Group Limited (14) iii Enstar Group Limited (15)Balance Sheet (1)Income Statemen (1)Cash Flows (1)Summary CompensationBeneficial Ownership!2 Financial Statement Schedules2 Financial Statement (1)2 Financial Statement (2)2 Financial Statement (3)2 Financial Statement (4)2 Financial Statement (5)2 Financial Statement (6)2 Financial Statement (7)2 Financial Statement (8)LISTING OF SUBSIDIARIESLISTING OF SUBS (1)NO TITLE (2)NO TITLE (3)NO TITLE (4)NO TITLE (5)NO TITLE (6)U }U5}$ }y}$ }y}
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Enstar Group LTD10K
03/04/20104,COMPARISON OF 5 YEAR CUMULATIVE TOTAL RETURN
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NO TITLEHamilton HM JXHamilton HM JX (1)!Reserves for Unpaid Losses and Reserves for Unpaid (1)Reserves for Unpaid (2)Reserves for Unpaid (3)Reserves for Unpaid (4)Reserves for Unpaid (5)Reserves for Unpaid (6)General A038E Exposures!Investment Committee and Invest
EquitiesEquities (1)Equities (2)!Minimum Solvency Margin and ResMinimum Solvency Margin (1)!Conducting Insurance Business iCapital Releases RiskBased Capital RequirementsRiskBased Capital (1)Credit for Reinsurance!Our past and future acquisition!Fluctuations in the reinsurance!Our stock price may experience !Changes in US federal income taChanges in US federal (1)!COMPARISON OF 5 YEAR CUMULATIVECOMPARISON OF 5 YEAR (1)COMPARISON OF 5 YEAR (2)COMPARISON OF 5 YEAR (3)!Net reduction in ultimate loss !Loss and Loss Adjustment ExpensLoss and Loss Adjustment (1)!Annual Loss and Loss Adjustment
Latent Claims!2 35 Billion Ultimate Industry 2 35 Billion Ultimate (1)2 35 Billion Ultimate (2)Fixed Maturity InvestmentsFixed Maturity (1)Fixed Maturity (2)!Net Investment Income and Net R Net Investment Income and (1) Net Investment Income and (2) Net Investment Income and (3) Net Investment Income and (4) Net Investment Income and (5) Net Investment Income and (6) Net Investment Income and (7) Net Investment Income and (8) Net Investment Income and (9)!Net Investment Income and (10)!Net Investment Income and (11)!Net Investment Income and (12)!Net Investment Income and (13)!Net Investment Income and (14)!Net Investment Income and (15)!Net Investment Income and (16)!Net Investment Income and (17)!Net Investment Income and (18)!Net Investment Income and (19)!Net Investment Income and (20)!Net Investment Income and (21)!Net Investment Income and (22)!Net Investment Income and (23)!Net Investment Income and (24)Reinsurance RecoverablesReinsurance Rec (1)!Aggregate Contractual Obligatio!of Investments Classified as Tr of Investments Classified (1) of Investments Classified (2) of Investments Classified (3)
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EGI and BHEGI and BH (1)EGI and BH (2)EGI and BH (3)EGI and BH (4)EGI and BH (5)EGI and BH (6)EGI and BH (7)EGI and BH (8)EGI and BH (9)EGI and BH (10)EGI and BH (11)EGI and BH (12)EGI and BH (13)EGI and BH (14)EGI and BH (15)EGI and BH (16)EGI and BH (17)EGI and BH (18)EGI and BH (19)EGI and BH (20)EGI and BH (21)EGI and BH (22)EGI and BH (23)Constellation ReinsuranceConstellation R (1)Constellation R (2)Constellation R (3)Constellation R (4)Constellation R (5)Constellation R (6)Constellation R (7)Constellation R (8)Constellation R (9)Constellation R (10)Constellation R (11)Constellation R (12)Constellation R (13)Constellation R (14)Constellation R (15)Constellation R (16)Constellation R (17)Constellation R (18)!OtherThanTemporary Impairment POtherThanTemporary (1)OtherThanTemporary (2)OtherThanTemporary (3)OtherThanTemporary (4)OtherThanTemporary (5)OtherThanTemporary (6)OtherThanTemporary (7)OtherThanTemporary (8)OtherThanTemporary (9)OtherThanTemporary (10)OtherThanTemporary (11)OtherThanTemporary (12)OtherThanTemporary (13)OtherThanTemporary (14)!iii Enstar Group Limited Employiii Enstar Group Limited (1)iii Enstar Group Limited (2)iii Enstar Group Limited (3)iii Enstar Group Limited (4)iii Enstar Group Limited (5)iii Enstar Group Limited (6)iii Enstar Group Limited (7)iii Enstar Group Limited (8)iii Enstar Group Limited (9) iii Enstar Group Limited (10) iii Enstar Group Limited (11) iii Enstar Group Limited (12) iii Enstar Group Limited (13) iii Enstar Group Limited (14) iii Enstar Group Limited (15)Balance Sheet (1)Income Statemen (1)Cash Flows (1)Summary CompensationBeneficial Ownership!2 Financial Statement Schedules2 Financial Statement (1)2 Financial Statement (2)2 Financial Statement (3)2 Financial Statement (4)2 Financial Statement (5)2 Financial Statement (6)2 Financial Statement (7)2 Financial Statement (8)LISTING OF SUBSIDIARIESLISTING OF SUBS (1)NO TITLE (2)NO TITLE (3)NO TITLE (4)NO TITLE (5)NO TITLE (6)U }U}$ }>
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03/04/2010NO TITLE~
0 (Earnings per share is a measure based on
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80The weighted average ordinary shares outstanding4,shown for the years ended December 31, 2007,/'2006 and 2005 reflect the conversion of5Class A, B, C and D shares to ordinary shares<4on January 31, 2007, as part of the recapitalizationD lzVm2I]y+y. !"#$%&'()*+,./0123456789:;<=>? 0 (completed in connection with the Merger,!!3!+as if the conversion occurred on January 1,""2"*2007, 2006 and 2005. As a result, both the##1#)book value per share and the earnings per$$8$0share calculations for 2005 and 2006, previously%%.%&reported, have been amended to reflect&&&this change.'((()~
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EquitiesEquities (1)Equities (2)!Minimum Solvency Margin and ResMinimum Solvency Margin (1)!Conducting Insurance Business iCapital Releases RiskBased Capital RequirementsRiskBased Capital (1)Credit for Reinsurance!Our past and future acquisition!Fluctuations in the reinsurance!Our stock price may experience !Changes in US federal income taChanges in US federal (1)!COMPARISON OF 5 YEAR CUMULATIVECOMPARISON OF 5 YEAR (1)COMPARISON OF 5 YEAR (2)NO TITLE (1)!Net reduction in ultimate loss !Loss and Loss Adjustment ExpensLoss and Loss Adjustment (1)!Annual Loss and Loss Adjustment
Latent Claims!2 35 Billion Ultimate Industry 2 35 Billion Ultimate (1)2 35 Billion Ultimate (2)Fixed Maturity InvestmentsFixed Maturity (1)Fixed Maturity (2)!Net Investment Income and Net R Net Investment Income and (1) Net Investment Income and (2) Net Investment Income and (3) Net Investment Income and (4) Net Investment Income and (5) Net Investment Income and (6) Net Investment Income and (7) Net Investment Income and (8) Net Investment Income and (9)!Net Investment Income and (10)!Net Investment Income and (11)!Net Investment Income and (12)!Net Investment Income and (13)!Net Investment Income and (14)!Net Investment Income and (15)!Net Investment Income and (16)!Net Investment Income and (17)!Net Investment Income and (18)!Net Investment Income and (19)!Net Investment Income and (20)!Net Investment Income and (21)!Net Investment Income and (22)!Net Investment Income and (23)!Net Investment Income and (24)Reinsurance RecoverablesReinsurance Rec (1)!Aggregate Contractual Obligatio!of Investments Classified as Tr of Investments Classified (1) of Investments Classified (2) of Investments Classified (3)
Balance SheetIncome Statement of Investments Classified (4)Shareholders Equity
Cash Flows
EGI and BHEGI and BH (1)EGI and BH (2)EGI and BH (3)EGI and BH (4)EGI and BH (5)EGI and BH (6)EGI and BH (7)EGI and BH (8)EGI and BH (9)EGI and BH (10)EGI and BH (11)EGI and BH (12)EGI and BH (13)EGI and BH (14)EGI and BH (15)EGI and BH (16)EGI and BH (17)EGI and BH (18)EGI and BH (19)EGI and BH (20)EGI and BH (21)EGI and BH (22)EGI and BH (23)Constellation ReinsuranceConstellation R (1)Constellation R (2)Constellation R (3)Constellation R (4)Constellation R (5)Constellation R (6)Constellation R (7)Constellation R (8)Constellation R (9)Constellation R (10)Constellation R (11)Constellation R (12)Constellation R (13)Constellation R (14)Constellation R (15)Constellation R (16)Constellation R (17)Constellation R (18)!OtherThanTemporary Impairment POtherThanTemporary (1)OtherThanTemporary (2)OtherThanTemporary (3)OtherThanTemporary (4)OtherThanTemporary (5)OtherThanTemporary (6)OtherThanTemporary (7)OtherThanTemporary (8)OtherThanTemporary (9)OtherThanTemporary (10)OtherThanTemporary (11)OtherThanTemporary (12)OtherThanTemporary (13)OtherThanTemporary (14)!iii Enstar Group Limited Employiii Enstar Group Limited (1)iii Enstar Group Limited (2)iii Enstar Group Limited (3)iii Enstar Group Limited (4)iii Enstar Group Limited (5)iii Enstar Group Limited (6)iii Enstar Group Limited (7)iii Enstar Group Limited (8)iii Enstar Group Limited (9) iii Enstar Group Limited (10) iii Enstar Group Limited (11) iii Enstar Group Limited (12) iii Enstar Group Limited (13) iii Enstar Group Limited (14) iii Enstar Group Limited (15)Balance Sheet (1)Income Statemen (1)Cash Flows (1)Summary CompensationBeneficial Ownership!2 Financial Statement Schedules2 Financial Statement (1)2 Financial Statement (2)2 Financial Statement (3)2 Financial Statement (4)2 Financial Statement (5)2 Financial Statement (6)2 Financial Statement (7)2 Financial Statement (8)LISTING OF SUBSIDIARIESLISTING OF SUBS (1)NO TITLE (2)NO TITLE (3)NO TITLE (4)NO TITLE (5)NO TITLE (6)U }$ }:
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03/04/20104,COMPARISON OF 5 YEAR CUMULATIVE TOTAL RETURN . &risks associated with implementing our
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.need to adjust such reserves as claims develop
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yE9Y~r&@ABCDEFGHIJKLMNOPQR@@4@,decrease our revenues or require us to alterAA*A"aspects of the way we do business;BCC/C'changes in Bermuda law or regulation orDD+D#the political stability of Bermuda;EFF5Fchanges in tax laws or regulations applicableGG3G+to us or our subsidiaries, or the risk thatHH5Hwe or one of our nonU.S. subsidiaries becomeII0I(subject to significant, or significantlyJJ4J,increased, income taxes in the United StatesKKKor elsewhere; andLMM4M,changes in accounting policies or practices.NO$P____________________________1Q)Created by Morningstar Document Research.0R(http://documentresearch.morningstar.com/*hj^o 3b=PF0*8X>
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NO TITLEHamilton HM JXHamilton HM JX (1)!Reserves for Unpaid Losses and Reserves for Unpaid (1)Reserves for Unpaid (2)Reserves for Unpaid (3)Reserves for Unpaid (4)Reserves for Unpaid (5)Reserves for Unpaid (6)General A038E Exposures!Investment Committee and Invest
EquitiesEquities (1)Equities (2)!Minimum Solvency Margin and ResMinimum Solvency Margin (1)!Conducting Insurance Business iCapital Releases RiskBased Capital RequirementsRiskBased Capital (1)Credit for Reinsurance!Our past and future acquisition!Fluctuations in the reinsurance!Our stock price may experience !Changes in US federal income taChanges in US federal (1)!COMPARISON OF 5 YEAR CUMULATIVECOMPARISON OF 5 YEAR (1)COMPARISON OF 5 YEAR (2)NO TITLE (1)COMPARISON OF 5 YEAR (3)!Loss and Loss Adjustment ExpensLoss and Loss Adjustment (1)!Annual Loss and Loss Adjustment
Latent Claims!2 35 Billion Ultimate Industry 2 35 Billion Ultimate (1)2 35 Billion Ultimate (2)Fixed Maturity InvestmentsFixed Maturity (1)Fixed Maturity (2)!Net Investment Income and Net R Net Investment Income and (1) Net Investment Income and (2) Net Investment Income and (3) Net Investment Income and (4) Net Investment Income and (5) Net Investment Income and (6) Net Investment Income and (7) Net Investment Income and (8) Net Investment Income and (9)!Net Investment Income and (10)!Net Investment Income and (11)!Net Investment Income and (12)!Net Investment Income and (13)!Net Investment Income and (14)!Net Investment Income and (15)!Net Investment Income and (16)!Net Investment Income and (17)!Net Investment Income and (18)!Net Investment Income and (19)!Net Investment Income and (20)!Net Investment Income and (21)!Net Investment Income and (22)!Net Investment Income and (23)!Net Investment Income and (24)Reinsurance RecoverablesReinsurance Rec (1)!Aggregate Contractual Obligatio!of Investments Classified as Tr of Investments Classified (1) of Investments Classified (2) of Investments Classified (3)
Balance SheetIncome Statement of Investments Classified (4)Shareholders Equity
Cash Flows
EGI and BHEGI and BH (1)EGI and BH (2)EGI and BH (3)EGI and BH (4)EGI and BH (5)EGI and BH (6)EGI and BH (7)EGI and BH (8)EGI and BH (9)EGI and BH (10)EGI and BH (11)EGI and BH (12)EGI and BH (13)EGI and BH (14)EGI and BH (15)EGI and BH (16)EGI and BH (17)EGI and BH (18)EGI and BH (19)EGI and BH (20)EGI and BH (21)EGI and BH (22)EGI and BH (23)Constellation ReinsuranceConstellation R (1)Constellation R (2)Constellation R (3)Constellation R (4)Constellation R (5)Constellation R (6)Constellation R (7)Constellation R (8)Constellation R (9)Constellation R (10)Constellation R (11)Constellation R (12)Constellation R (13)Constellation R (14)Constellation R (15)Constellation R (16)Constellation R (17)Constellation R (18)!OtherThanTemporary Impairment POtherThanTemporary (1)OtherThanTemporary (2)OtherThanTemporary (3)OtherThanTemporary (4)OtherThanTemporary (5)OtherThanTemporary (6)OtherThanTemporary (7)OtherThanTemporary (8)OtherThanTemporary (9)OtherThanTemporary (10)OtherThanTemporary (11)OtherThanTemporary (12)OtherThanTemporary (13)OtherThanTemporary (14)!iii Enstar Group Limited Employiii Enstar Group Limited (1)iii Enstar Group Limited (2)iii Enstar Group Limited (3)iii Enstar Group Limited (4)iii Enstar Group Limited (5)iii Enstar Group Limited (6)iii Enstar Group Limited (7)iii Enstar Group Limited (8)iii Enstar Group Limited (9) iii Enstar Group Limited (10) iii Enstar Group Limited (11) iii Enstar Group Limited (12) iii Enstar Group Limited (13) iii Enstar Group Limited (14) iii Enstar Group Limited (15)Balance Sheet (1)Income Statemen (1)Cash Flows (1)Summary CompensationBeneficial Ownership!2 Financial Statement Schedules2 Financial Statement (1)2 Financial Statement (2)2 Financial Statement (3)2 Financial Statement (4)2 Financial Statement (5)2 Financial Statement (6)2 Financial Statement (7)2 Financial Statement (8)LISTING OF SUBSIDIARIESLISTING OF SUBS (1)NO TITLE (2)NO TITLE (3)NO TITLE (4)NO TITLE (5)NO TITLE (6)U }$ }=
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Enstar Group LTD10K
03/04/2010NFNet reduction in ultimate loss and loss adjustment expense liabilities 2 *outstanding loss or case reserves, or OLR,
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NO TITLEHamilton HM JXHamilton HM JX (1)!Reserves for Unpaid Losses and Reserves for Unpaid (1)Reserves for Unpaid (2)Reserves for Unpaid (3)Reserves for Unpaid (4)Reserves for Unpaid (5)Reserves for Unpaid (6)General A038E Exposures!Investment Committee and Invest
EquitiesEquities (1)Equities (2)!Minimum Solvency Margin and ResMinimum Solvency Margin (1)!Conducting Insurance Business iCapital Releases RiskBased Capital RequirementsRiskBased Capital (1)Credit for Reinsurance!Our past and future acquisition!Fluctuations in the reinsurance!Our stock price may experience !Changes in US federal income taChanges in US federal (1)!COMPARISON OF 5 YEAR CUMULATIVECOMPARISON OF 5 YEAR (1)COMPARISON OF 5 YEAR (2)NO TITLE (1)COMPARISON OF 5 YEAR (3)!Net reduction in ultimate loss Loss and Loss Adjustment (1)!Annual Loss and Loss Adjustment
Latent Claims!2 35 Billion Ultimate Industry 2 35 Billion Ultimate (1)2 35 Billion Ultimate (2)Fixed Maturity InvestmentsFixed Maturity (1)Fixed Maturity (2)!Net Investment Income and Net R Net Investment Income and (1) Net Investment Income and (2) Net Investment Income and (3) Net Investment Income and (4) Net Investment Income and (5) Net Investment Income and (6) Net Investment Income and (7) Net Investment Income and (8) Net Investment Income and (9)!Net Investment Income and (10)!Net Investment Income and (11)!Net Investment Income and (12)!Net Investment Income and (13)!Net Investment Income and (14)!Net Investment Income and (15)!Net Investment Income and (16)!Net Investment Income and (17)!Net Investment Income and (18)!Net Investment Income and (19)!Net Investment Income and (20)!Net Investment Income and (21)!Net Investment Income and (22)!Net Investment Income and (23)!Net Investment Income and (24)Reinsurance RecoverablesReinsurance Rec (1)!Aggregate Contractual Obligatio!of Investments Classified as Tr of Investments Classified (1) of Investments Classified (2) of Investments Classified (3)
Balance SheetIncome Statement of Investments Classified (4)Shareholders Equity
Cash Flows
EGI and BHEGI and BH (1)EGI and BH (2)EGI and BH (3)EGI and BH (4)EGI and BH (5)EGI and BH (6)EGI and BH (7)EGI and BH (8)EGI and BH (9)EGI and BH (10)EGI and BH (11)EGI and BH (12)EGI and BH (13)EGI and BH (14)EGI and BH (15)EGI and BH (16)EGI and BH (17)EGI and BH (18)EGI and BH (19)EGI and BH (20)EGI and BH (21)EGI and BH (22)EGI and BH (23)Constellation ReinsuranceConstellation R (1)Constellation R (2)Constellation R (3)Constellation R (4)Constellation R (5)Constellation R (6)Constellation R (7)Constellation R (8)Constellation R (9)Constellation R (10)Constellation R (11)Constellation R (12)Constellation R (13)Constellation R (14)Constellation R (15)Constellation R (16)Constellation R (17)Constellation R (18)!OtherThanTemporary Impairment POtherThanTemporary (1)OtherThanTemporary (2)OtherThanTemporary (3)OtherThanTemporary (4)OtherThanTemporary (5)OtherThanTemporary (6)OtherThanTemporary (7)OtherThanTemporary (8)OtherThanTemporary (9)OtherThanTemporary (10)OtherThanTemporary (11)OtherThanTemporary (12)OtherThanTemporary (13)OtherThanTemporary (14)!iii Enstar Group Limited Employiii Enstar Group Limited (1)iii Enstar Group Limited (2)iii Enstar Group Limited (3)iii Enstar Group Limited (4)iii Enstar Group Limited (5)iii Enstar Group Limited (6)iii Enstar Group Limited (7)iii Enstar Group Limited (8)iii Enstar Group Limited (9) iii Enstar Group Limited (10) iii Enstar Group Limited (11) iii Enstar Group Limited (12) iii Enstar Group Limited (13) iii Enstar Group Limited (14) iii Enstar Group Limited (15)Balance Sheet (1)Income Statemen (1)Cash Flows (1)Summary CompensationBeneficial Ownership!2 Financial Statement Schedules2 Financial Statement (1)2 Financial Statement (2)2 Financial Statement (3)2 Financial Statement (4)2 Financial Statement (5)2 Financial Statement (6)2 Financial Statement (7)2 Financial Statement (8)LISTING OF SUBSIDIARIESLISTING OF SUBS (1)NO TITLE (2)NO TITLE (3)NO TITLE (4)NO TITLE (5)NO TITLE (6)U }+}$ }}$ }}
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Enstar Group LTD10K
03/04/2010)!Loss and Loss Adjustment Expenses
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NO TITLEHamilton HM JXHamilton HM JX (1)!Reserves for Unpaid Losses and Reserves for Unpaid (1)Reserves for Unpaid (2)Reserves for Unpaid (3)Reserves for Unpaid (4)Reserves for Unpaid (5)Reserves for Unpaid (6)General A038E Exposures!Investment Committee and Invest
EquitiesEquities (1)Equities (2)!Minimum Solvency Margin and ResMinimum Solvency Margin (1)!Conducting Insurance Business iCapital Releases RiskBased Capital RequirementsRiskBased Capital (1)Credit for Reinsurance!Our past and future acquisition!Fluctuations in the reinsurance!Our stock price may experience !Changes in US federal income taChanges in US federal (1)!COMPARISON OF 5 YEAR CUMULATIVECOMPARISON OF 5 YEAR (1)COMPARISON OF 5 YEAR (2)NO TITLE (1)COMPARISON OF 5 YEAR (3)!Net reduction in ultimate loss !Loss and Loss Adjustment Expens!Annual Loss and Loss Adjustment
Latent Claims!2 35 Billion Ultimate Industry 2 35 Billion Ultimate (1)2 35 Billion Ultimate (2)Fixed Maturity InvestmentsFixed Maturity (1)Fixed Maturity (2)!Net Investment Income and Net R Net Investment Income and (1) Net Investment Income and (2) Net Investment Income and (3) Net Investment Income and (4) Net Investment Income and (5) Net Investment Income and (6) Net Investment Income and (7) Net Investment Income and (8) Net Investment Income and (9)!Net Investment Income and (10)!Net Investment Income and (11)!Net Investment Income and (12)!Net Investment Income and (13)!Net Investment Income and (14)!Net Investment Income and (15)!Net Investment Income and (16)!Net Investment Income and (17)!Net Investment Income and (18)!Net Investment Income and (19)!Net Investment Income and (20)!Net Investment Income and (21)!Net Investment Income and (22)!Net Investment Income and (23)!Net Investment Income and (24)Reinsurance RecoverablesReinsurance Rec (1)!Aggregate Contractual Obligatio!of Investments Classified as Tr of Investments Classified (1) of Investments Classified (2) of Investments Classified (3)
Balance SheetIncome Statement of Investments Classified (4)Shareholders Equity
Cash Flows
EGI and BHEGI and BH (1)EGI and BH (2)EGI and BH (3)EGI and BH (4)EGI and BH (5)EGI and BH (6)EGI and BH (7)EGI and BH (8)EGI and BH (9)EGI and BH (10)EGI and BH (11)EGI and BH (12)EGI and BH (13)EGI and BH (14)EGI and BH (15)EGI and BH (16)EGI and BH (17)EGI and BH (18)EGI and BH (19)EGI and BH (20)EGI and BH (21)EGI and BH (22)EGI and BH (23)Constellation ReinsuranceConstellation R (1)Constellation R (2)Constellation R (3)Constellation R (4)Constellation R (5)Constellation R (6)Constellation R (7)Constellation R (8)Constellation R (9)Constellation R (10)Constellation R (11)Constellation R (12)Constellation R (13)Constellation R (14)Constellation R (15)Constellation R (16)Constellation R (17)Constellation R (18)!OtherThanTemporary Impairment POtherThanTemporary (1)OtherThanTemporary (2)OtherThanTemporary (3)OtherThanTemporary (4)OtherThanTemporary (5)OtherThanTemporary (6)OtherThanTemporary (7)OtherThanTemporary (8)OtherThanTemporary (9)OtherThanTemporary (10)OtherThanTemporary (11)OtherThanTemporary (12)OtherThanTemporary (13)OtherThanTemporary (14)!iii Enstar Group Limited Employiii Enstar Group Limited (1)iii Enstar Group Limited (2)iii Enstar Group Limited (3)iii Enstar Group Limited (4)iii Enstar Group Limited (5)iii Enstar Group Limited (6)iii Enstar Group Limited (7)iii Enstar Group Limited (8)iii Enstar Group Limited (9) iii Enstar Group Limited (10) iii Enstar Group Limited (11) iii Enstar Group Limited (12) iii Enstar Group Limited (13) iii Enstar Group Limited (14) iii Enstar Group Limited (15)Balance Sheet (1)Income Statemen (1)Cash Flows (1)Summary CompensationBeneficial Ownership!2 Financial Statement Schedules2 Financial Statement (1)2 Financial Statement (2)2 Financial Statement (3)2 Financial Statement (4)2 Financial Statement (5)2 Financial Statement (6)2 Financial Statement (7)2 Financial Statement (8)LISTING OF SUBSIDIARIESLISTING OF SUBS (1)NO TITLE (2)NO TITLE (3)NO TITLE (4)NO TITLE (5)NO TITLE (6)U }+}$ }}$ } }$}
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Enstar Group LTD10K
03/04/2010)!Loss and Loss Adjustment Expenses
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NO TITLEHamilton HM JXHamilton HM JX (1)!Reserves for Unpaid Losses and Reserves for Unpaid (1)Reserves for Unpaid (2)Reserves for Unpaid (3)Reserves for Unpaid (4)Reserves for Unpaid (5)Reserves for Unpaid (6)General A038E Exposures!Investment Committee and Invest
EquitiesEquities (1)Equities (2)!Minimum Solvency Margin and ResMinimum Solvency Margin (1)!Conducting Insurance Business iCapital Releases RiskBased Capital RequirementsRiskBased Capital (1)Credit for Reinsurance!Our past and future acquisition!Fluctuations in the reinsurance!Our stock price may experience !Changes in US federal income taChanges in US federal (1)!COMPARISON OF 5 YEAR CUMULATIVECOMPARISON OF 5 YEAR (1)COMPARISON OF 5 YEAR (2)NO TITLE (1)COMPARISON OF 5 YEAR (3)!Net reduction in ultimate loss !Loss and Loss Adjustment ExpensLoss and Loss Adjustment (1)
Latent Claims!2 35 Billion Ultimate Industry 2 35 Billion Ultimate (1)2 35 Billion Ultimate (2)Fixed Maturity InvestmentsFixed Maturity (1)Fixed Maturity (2)!Net Investment Income and Net R Net Investment Income and (1) Net Investment Income and (2) Net Investment Income and (3) Net Investment Income and (4) Net Investment Income and (5) Net Investment Income and (6) Net Investment Income and (7) Net Investment Income and (8) Net Investment Income and (9)!Net Investment Income and (10)!Net Investment Income and (11)!Net Investment Income and (12)!Net Investment Income and (13)!Net Investment Income and (14)!Net Investment Income and (15)!Net Investment Income and (16)!Net Investment Income and (17)!Net Investment Income and (18)!Net Investment Income and (19)!Net Investment Income and (20)!Net Investment Income and (21)!Net Investment Income and (22)!Net Investment Income and (23)!Net Investment Income and (24)Reinsurance RecoverablesReinsurance Rec (1)!Aggregate Contractual Obligatio!of Investments Classified as Tr of Investments Classified (1) of Investments Classified (2) of Investments Classified (3)
Balance SheetIncome Statement of Investments Classified (4)Shareholders Equity
Cash Flows
EGI and BHEGI and BH (1)EGI and BH (2)EGI and BH (3)EGI and BH (4)EGI and BH (5)EGI and BH (6)EGI and BH (7)EGI and BH (8)EGI and BH (9)EGI and BH (10)EGI and BH (11)EGI and BH (12)EGI and BH (13)EGI and BH (14)EGI and BH (15)EGI and BH (16)EGI and BH (17)EGI and BH (18)EGI and BH (19)EGI and BH (20)EGI and BH (21)EGI and BH (22)EGI and BH (23)Constellation ReinsuranceConstellation R (1)Constellation R (2)Constellation R (3)Constellation R (4)Constellation R (5)Constellation R (6)Constellation R (7)Constellation R (8)Constellation R (9)Constellation R (10)Constellation R (11)Constellation R (12)Constellation R (13)Constellation R (14)Constellation R (15)Constellation R (16)Constellation R (17)Constellation R (18)!OtherThanTemporary Impairment POtherThanTemporary (1)OtherThanTemporary (2)OtherThanTemporary (3)OtherThanTemporary (4)OtherThanTemporary (5)OtherThanTemporary (6)OtherThanTemporary (7)OtherThanTemporary (8)OtherThanTemporary (9)OtherThanTemporary (10)OtherThanTemporary (11)OtherThanTemporary (12)OtherThanTemporary (13)OtherThanTemporary (14)!iii Enstar Group Limited Employiii Enstar Group Limited (1)iii Enstar Group Limited (2)iii Enstar Group Limited (3)iii Enstar Group Limited (4)iii Enstar Group Limited (5)iii Enstar Group Limited (6)iii Enstar Group Limited (7)iii Enstar Group Limited (8)iii Enstar Group Limited (9) iii Enstar Group Limited (10) iii Enstar Group Limited (11) iii Enstar Group Limited (12) iii Enstar Group Limited (13) iii Enstar Group Limited (14) iii Enstar Group Limited (15)Balance Sheet (1)Income Statemen (1)Cash Flows (1)Summary CompensationBeneficial Ownership!2 Financial Statement Schedules2 Financial Statement (1)2 Financial Statement (2)2 Financial Statement (3)2 Financial Statement (4)2 Financial Statement (5)2 Financial Statement (6)2 Financial Statement (7)2 Financial Statement (8)LISTING OF SUBSIDIARIESLISTING OF SUBS (1)NO TITLE (2)NO TITLE (3)NO TITLE (4)NO TITLE (5)NO TITLE (6)U }+}$ }}$ }}
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Enstar Group LTD10K
03/04/2010/'Annual Loss and Loss Adjustment Reviews
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NO TITLEHamilton HM JXHamilton HM JX (1)!Reserves for Unpaid Losses and Reserves for Unpaid (1)Reserves for Unpaid (2)Reserves for Unpaid (3)Reserves for Unpaid (4)Reserves for Unpaid (5)Reserves for Unpaid (6)General A038E Exposures!Investment Committee and Invest
EquitiesEquities (1)Equities (2)!Minimum Solvency Margin and ResMinimum Solvency Margin (1)!Conducting Insurance Business iCapital Releases RiskBased Capital RequirementsRiskBased Capital (1)Credit for Reinsurance!Our past and future acquisition!Fluctuations in the reinsurance!Our stock price may experience !Changes in US federal income taChanges in US federal (1)!COMPARISON OF 5 YEAR CUMULATIVECOMPARISON OF 5 YEAR (1)COMPARISON OF 5 YEAR (2)NO TITLE (1)COMPARISON OF 5 YEAR (3)!Net reduction in ultimate loss !Loss and Loss Adjustment ExpensLoss and Loss Adjustment (1)!Annual Loss and Loss Adjustment!2 35 Billion Ultimate Industry 2 35 Billion Ultimate (1)2 35 Billion Ultimate (2)Fixed Maturity InvestmentsFixed Maturity (1)Fixed Maturity (2)!Net Investment Income and Net R Net Investment Income and (1) Net Investment Income and (2) Net Investment Income and (3) Net Investment Income and (4) Net Investment Income and (5) Net Investment Income and (6) Net Investment Income and (7) Net Investment Income and (8) Net Investment Income and (9)!Net Investment Income and (10)!Net Investment Income and (11)!Net Investment Income and (12)!Net Investment Income and (13)!Net Investment Income and (14)!Net Investment Income and (15)!Net Investment Income and (16)!Net Investment Income and (17)!Net Investment Income and (18)!Net Investment Income and (19)!Net Investment Income and (20)!Net Investment Income and (21)!Net Investment Income and (22)!Net Investment Income and (23)!Net Investment Income and (24)Reinsurance RecoverablesReinsurance Rec (1)!Aggregate Contractual Obligatio!of Investments Classified as Tr of Investments Classified (1) of Investments Classified (2) of Investments Classified (3)
Balance SheetIncome Statement of Investments Classified (4)Shareholders Equity
Cash Flows
EGI and BHEGI and BH (1)EGI and BH (2)EGI and BH (3)EGI and BH (4)EGI and BH (5)EGI and BH (6)EGI and BH (7)EGI and BH (8)EGI and BH (9)EGI and BH (10)EGI and BH (11)EGI and BH (12)EGI and BH (13)EGI and BH (14)EGI and BH (15)EGI and BH (16)EGI and BH (17)EGI and BH (18)EGI and BH (19)EGI and BH (20)EGI and BH (21)EGI and BH (22)EGI and BH (23)Constellation ReinsuranceConstellation R (1)Constellation R (2)Constellation R (3)Constellation R (4)Constellation R (5)Constellation R (6)Constellation R (7)Constellation R (8)Constellation R (9)Constellation R (10)Constellation R (11)Constellation R (12)Constellation R (13)Constellation R (14)Constellation R (15)Constellation R (16)Constellation R (17)Constellation R (18)!OtherThanTemporary Impairment POtherThanTemporary (1)OtherThanTemporary (2)OtherThanTemporary (3)OtherThanTemporary (4)OtherThanTemporary (5)OtherThanTemporary (6)OtherThanTemporary (7)OtherThanTemporary (8)OtherThanTemporary (9)OtherThanTemporary (10)OtherThanTemporary (11)OtherThanTemporary (12)OtherThanTemporary (13)OtherThanTemporary (14)!iii Enstar Group Limited Employiii Enstar Group Limited (1)iii Enstar Group Limited (2)iii Enstar Group Limited (3)iii Enstar Group Limited (4)iii Enstar Group Limited (5)iii Enstar Group Limited (6)iii Enstar Group Limited (7)iii Enstar Group Limited (8)iii Enstar Group Limited (9) iii Enstar Group Limited (10) iii Enstar Group Limited (11) iii Enstar Group Limited (12) iii Enstar Group Limited (13) iii Enstar Group Limited (14) iii Enstar Group Limited (15)Balance Sheet (1)Income Statemen (1)Cash Flows (1)Summary CompensationBeneficial Ownership!2 Financial Statement Schedules2 Financial Statement (1)2 Financial Statement (2)2 Financial Statement (3)2 Financial Statement (4)2 Financial Statement (5)2 Financial Statement (6)2 Financial Statement (7)2 Financial Statement (8)LISTING OF SUBSIDIARIESLISTING OF SUBS (1)NO TITLE (2)NO TITLE (3)NO TITLE (4)NO TITLE (5)NO TITLE (6)U }$ }=
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Enstar Group LTD10K
03/04/2010
Latent Claims 4 ,Existence of currently undiscovered polluted
;
3sites eligible for cleanup under the Comprehensive%Environmental Response, Compensation,.&and Liability Act (CERCLA) and related
legislation.80Costs imposed due to joint and several liability/'if not all potentially reliable parties1)(PRPs) are capable of paying their share..&Success of legal challenges to certain3+policy terms such as the absolute pollution
exclusion./'Potential future reforms and amendments0(to CERCLA, particularly as the resources5of Superfund the funding vehicle, established/'as part of CERCLA, to provide financing2*for cleanup of polluted sites where no PRP+#can be identified become exhausted.$____________________________DxluQa
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NO TITLEHamilton HM JXHamilton HM JX (1)!Reserves for Unpaid Losses and Reserves for Unpaid (1)Reserves for Unpaid (2)Reserves for Unpaid (3)Reserves for Unpaid (4)Reserves for Unpaid (5)Reserves for Unpaid (6)General A038E Exposures!Investment Committee and Invest
EquitiesEquities (1)Equities (2)!Minimum Solvency Margin and ResMinimum Solvency Margin (1)!Conducting Insurance Business iCapital Releases RiskBased Capital RequirementsRiskBased Capital (1)Credit for Reinsurance!Our past and future acquisition!Fluctuations in the reinsurance!Our stock price may experience !Changes in US federal income taChanges in US federal (1)!COMPARISON OF 5 YEAR CUMULATIVECOMPARISON OF 5 YEAR (1)COMPARISON OF 5 YEAR (2)NO TITLE (1)COMPARISON OF 5 YEAR (3)!Net reduction in ultimate loss !Loss and Loss Adjustment ExpensLoss and Loss Adjustment (1)!Annual Loss and Loss Adjustment
Latent Claims2 35 Billion Ultimate (1)2 35 Billion Ultimate (2)Fixed Maturity InvestmentsFixed Maturity (1)Fixed Maturity (2)!Net Investment Income and Net R Net Investment Income and (1) Net Investment Income and (2) Net Investment Income and (3) Net Investment Income and (4) Net Investment Income and (5) Net Investment Income and (6) Net Investment Income and (7) Net Investment Income and (8) Net Investment Income and (9)!Net Investment Income and (10)!Net Investment Income and (11)!Net Investment Income and (12)!Net Investment Income and (13)!Net Investment Income and (14)!Net Investment Income and (15)!Net Investment Income and (16)!Net Investment Income and (17)!Net Investment Income and (18)!Net Investment Income and (19)!Net Investment Income and (20)!Net Investment Income and (21)!Net Investment Income and (22)!Net Investment Income and (23)!Net Investment Income and (24)Reinsurance RecoverablesReinsurance Rec (1)!Aggregate Contractual Obligatio!of Investments Classified as Tr of Investments Classified (1) of Investments Classified (2) of Investments Classified (3)
Balance SheetIncome Statement of Investments Classified (4)Shareholders Equity
Cash Flows
EGI and BHEGI and BH (1)EGI and BH (2)EGI and BH (3)EGI and BH (4)EGI and BH (5)EGI and BH (6)EGI and BH (7)EGI and BH (8)EGI and BH (9)EGI and BH (10)EGI and BH (11)EGI and BH (12)EGI and BH (13)EGI and BH (14)EGI and BH (15)EGI and BH (16)EGI and BH (17)EGI and BH (18)EGI and BH (19)EGI and BH (20)EGI and BH (21)EGI and BH (22)EGI and BH (23)Constellation ReinsuranceConstellation R (1)Constellation R (2)Constellation R (3)Constellation R (4)Constellation R (5)Constellation R (6)Constellation R (7)Constellation R (8)Constellation R (9)Constellation R (10)Constellation R (11)Constellation R (12)Constellation R (13)Constellation R (14)Constellation R (15)Constellation R (16)Constellation R (17)Constellation R (18)!OtherThanTemporary Impairment POtherThanTemporary (1)OtherThanTemporary (2)OtherThanTemporary (3)OtherThanTemporary (4)OtherThanTemporary (5)OtherThanTemporary (6)OtherThanTemporary (7)OtherThanTemporary (8)OtherThanTemporary (9)OtherThanTemporary (10)OtherThanTemporary (11)OtherThanTemporary (12)OtherThanTemporary (13)OtherThanTemporary (14)!iii Enstar Group Limited Employiii Enstar Group Limited (1)iii Enstar Group Limited (2)iii Enstar Group Limited (3)iii Enstar Group Limited (4)iii Enstar Group Limited (5)iii Enstar Group Limited (6)iii Enstar Group Limited (7)iii Enstar Group Limited (8)iii Enstar Group Limited (9) iii Enstar Group Limited (10) iii Enstar Group Limited (11) iii Enstar Group Limited (12) iii Enstar Group Limited (13) iii Enstar Group Limited (14) iii Enstar Group Limited (15)Balance Sheet (1)Income Statemen (1)Cash Flows (1)Summary CompensationBeneficial Ownership!2 Financial Statement Schedules2 Financial Statement (1)2 Financial Statement (2)2 Financial Statement (3)2 Financial Statement (4)2 Financial Statement (5)2 Financial Statement (6)2 Financial Statement (7)2 Financial Statement (8)LISTING OF SUBSIDIARIESLISTING OF SUBS (1)NO TITLE (2)NO TITLE (3)NO TITLE (4)NO TITLE (5)NO TITLE (6)U }1}$ }
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Enstar Group LTD10K
03/04/2010=52. $35 Billion Ultimate Industry Environmental Losses Asbestos
1)Sensitivity to Industry Asbestos Ultimate
Loss ReservesLoss Assumption
Asbestos $70 billion~
b.'Asbestos $65 billion (selected)~
](Asbestos $60 billion~
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NO TITLEHamilton HM JXHamilton HM JX (1)!Reserves for Unpaid Losses and Reserves for Unpaid (1)Reserves for Unpaid (2)Reserves for Unpaid (3)Reserves for Unpaid (4)Reserves for Unpaid (5)Reserves for Unpaid (6)General A038E Exposures!Investment Committee and Invest
EquitiesEquities (1)Equities (2)!Minimum Solvency Margin and ResMinimum Solvency Margin (1)!Conducting Insurance Business iCapital Releases RiskBased Capital RequirementsRiskBased Capital (1)Credit for Reinsurance!Our past and future acquisition!Fluctuations in the reinsurance!Our stock price may experience !Changes in US federal income taChanges in US federal (1)!COMPARISON OF 5 YEAR CUMULATIVECOMPARISON OF 5 YEAR (1)COMPARISON OF 5 YEAR (2)NO TITLE (1)COMPARISON OF 5 YEAR (3)!Net reduction in ultimate loss !Loss and Loss Adjustment ExpensLoss and Loss Adjustment (1)!Annual Loss and Loss Adjustment
Latent Claims!2 35 Billion Ultimate Industry 2 35 Billion Ultimate (2)Fixed Maturity InvestmentsFixed Maturity (1)Fixed Maturity (2)!Net Investment Income and Net R Net Investment Income and (1) Net Investment Income and (2) Net Investment Income and (3) Net Investment Income and (4) Net Investment Income and (5) Net Investment Income and (6) Net Investment Income and (7) Net Investment Income and (8) Net Investment Income and (9)!Net Investment Income and (10)!Net Investment Income and (11)!Net Investment Income and (12)!Net Investment Income and (13)!Net Investment Income and (14)!Net Investment Income and (15)!Net Investment Income and (16)!Net Investment Income and (17)!Net Investment Income and (18)!Net Investment Income and (19)!Net Investment Income and (20)!Net Investment Income and (21)!Net Investment Income and (22)!Net Investment Income and (23)!Net Investment Income and (24)Reinsurance RecoverablesReinsurance Rec (1)!Aggregate Contractual Obligatio!of Investments Classified as Tr of Investments Classified (1) of Investments Classified (2) of Investments Classified (3)
Balance SheetIncome Statement of Investments Classified (4)Shareholders Equity
Cash Flows
EGI and BHEGI and BH (1)EGI and BH (2)EGI and BH (3)EGI and BH (4)EGI and BH (5)EGI and BH (6)EGI and BH (7)EGI and BH (8)EGI and BH (9)EGI and BH (10)EGI and BH (11)EGI and BH (12)EGI and BH (13)EGI and BH (14)EGI and BH (15)EGI and BH (16)EGI and BH (17)EGI and BH (18)EGI and BH (19)EGI and BH (20)EGI and BH (21)EGI and BH (22)EGI and BH (23)Constellation ReinsuranceConstellation R (1)Constellation R (2)Constellation R (3)Constellation R (4)Constellation R (5)Constellation R (6)Constellation R (7)Constellation R (8)Constellation R (9)Constellation R (10)Constellation R (11)Constellation R (12)Constellation R (13)Constellation R (14)Constellation R (15)Constellation R (16)Constellation R (17)Constellation R (18)!OtherThanTemporary Impairment POtherThanTemporary (1)OtherThanTemporary (2)OtherThanTemporary (3)OtherThanTemporary (4)OtherThanTemporary (5)OtherThanTemporary (6)OtherThanTemporary (7)OtherThanTemporary (8)OtherThanTemporary (9)OtherThanTemporary (10)OtherThanTemporary (11)OtherThanTemporary (12)OtherThanTemporary (13)OtherThanTemporary (14)!iii Enstar Group Limited Employiii Enstar Group Limited (1)iii Enstar Group Limited (2)iii Enstar Group Limited (3)iii Enstar Group Limited (4)iii Enstar Group Limited (5)iii Enstar Group Limited (6)iii Enstar Group Limited (7)iii Enstar Group Limited (8)iii Enstar Group Limited (9) iii Enstar Group Limited (10) iii Enstar Group Limited (11) iii Enstar Group Limited (12) iii Enstar Group Limited (13) iii Enstar Group Limited (14) iii Enstar Group Limited (15)Balance Sheet (1)Income Statemen (1)Cash Flows (1)Summary CompensationBeneficial Ownership!2 Financial Statement Schedules2 Financial Statement (1)2 Financial Statement (2)2 Financial Statement (3)2 Financial Statement (4)2 Financial Statement (5)2 Financial Statement (6)2 Financial Statement (7)2 Financial Statement (8)LISTING OF SUBSIDIARIESLISTING OF SUBS (1)NO TITLE (2)NO TITLE (3)NO TITLE (4)NO TITLE (5)NO TITLE (6)U }}$ }}$
Enstar Group LTD10K
03/04/2010=52. $35 Billion Ultimate Industry Environmental Losses
Environmental
%Sensitivity to Industry Environmental
Loss Reserves Ultimate Loss Assumption
!Environmental $40 billion~
,$Environmental $35 billion (selected)~
Vx!Environmental $30 billion~
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NO TITLEHamilton HM JXHamilton HM JX (1)!Reserves for Unpaid Losses and Reserves for Unpaid (1)Reserves for Unpaid (2)Reserves for Unpaid (3)Reserves for Unpaid (4)Reserves for Unpaid (5)Reserves for Unpaid (6)General A038E Exposures!Investment Committee and Invest
EquitiesEquities (1)Equities (2)!Minimum Solvency Margin and ResMinimum Solvency Margin (1)!Conducting Insurance Business iCapital Releases RiskBased Capital RequirementsRiskBased Capital (1)Credit for Reinsurance!Our past and future acquisition!Fluctuations in the reinsurance!Our stock price may experience !Changes in US federal income taChanges in US federal (1)!COMPARISON OF 5 YEAR CUMULATIVECOMPARISON OF 5 YEAR (1)COMPARISON OF 5 YEAR (2)NO TITLE (1)COMPARISON OF 5 YEAR (3)!Net reduction in ultimate loss !Loss and Loss Adjustment ExpensLoss and Loss Adjustment (1)!Annual Loss and Loss Adjustment
Latent Claims!2 35 Billion Ultimate Industry 2 35 Billion Ultimate (1)Fixed Maturity InvestmentsFixed Maturity (1)Fixed Maturity (2)!Net Investment Income and Net R Net Investment Income and (1) Net Investment Income and (2) Net Investment Income and (3) Net Investment Income and (4) Net Investment Income and (5) Net Investment Income and (6) Net Investment Income and (7) Net Investment Income and (8) Net Investment Income and (9)!Net Investment Income and (10)!Net Investment Income and (11)!Net Investment Income and (12)!Net Investment Income and (13)!Net Investment Income and (14)!Net Investment Income and (15)!Net Investment Income and (16)!Net Investment Income and (17)!Net Investment Income and (18)!Net Investment Income and (19)!Net Investment Income and (20)!Net Investment Income and (21)!Net Investment Income and (22)!Net Investment Income and (23)!Net Investment Income and (24)Reinsurance RecoverablesReinsurance Rec (1)!Aggregate Contractual Obligatio!of Investments Classified as Tr of Investments Classified (1) of Investments Classified (2) of Investments Classified (3)
Balance SheetIncome Statement of Investments Classified (4)Shareholders Equity
Cash Flows
EGI and BHEGI and BH (1)EGI and BH (2)EGI and BH (3)EGI and BH (4)EGI and BH (5)EGI and BH (6)EGI and BH (7)EGI and BH (8)EGI and BH (9)EGI and BH (10)EGI and BH (11)EGI and BH (12)EGI and BH (13)EGI and BH (14)EGI and BH (15)EGI and BH (16)EGI and BH (17)EGI and BH (18)EGI and BH (19)EGI and BH (20)EGI and BH (21)EGI and BH (22)EGI and BH (23)Constellation ReinsuranceConstellation R (1)Constellation R (2)Constellation R (3)Constellation R (4)Constellation R (5)Constellation R (6)Constellation R (7)Constellation R (8)Constellation R (9)Constellation R (10)Constellation R (11)Constellation R (12)Constellation R (13)Constellation R (14)Constellation R (15)Constellation R (16)Constellation R (17)Constellation R (18)!OtherThanTemporary Impairment POtherThanTemporary (1)OtherThanTemporary (2)OtherThanTemporary (3)OtherThanTemporary (4)OtherThanTemporary (5)OtherThanTemporary (6)OtherThanTemporary (7)OtherThanTemporary (8)OtherThanTemporary (9)OtherThanTemporary (10)OtherThanTemporary (11)OtherThanTemporary (12)OtherThanTemporary (13)OtherThanTemporary (14)!iii Enstar Group Limited Employiii Enstar Group Limited (1)iii Enstar Group Limited (2)iii Enstar Group Limited (3)iii Enstar Group Limited (4)iii Enstar Group Limited (5)iii Enstar Group Limited (6)iii Enstar Group Limited (7)iii Enstar Group Limited (8)iii Enstar Group Limited (9) iii Enstar Group Limited (10) iii Enstar Group Limited (11) iii Enstar Group Limited (12) iii Enstar Group Limited (13) iii Enstar Group Limited (14) iii Enstar Group Limited (15)Balance Sheet (1)Income Statemen (1)Cash Flows (1)Summary CompensationBeneficial Ownership!2 Financial Statement Schedules2 Financial Statement (1)2 Financial Statement (2)2 Financial Statement (3)2 Financial Statement (4)2 Financial Statement (5)2 Financial Statement (6)2 Financial Statement (7)2 Financial Statement (8)LISTING OF SUBSIDIARIESLISTING OF SUBS (1)NO TITLE (2)NO TITLE (3)NO TITLE (4)NO TITLE (5)NO TITLE (6)U }1}$ }
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Enstar Group LTD10K
03/04/2010=52. $35 Billion Ultimate Industry Environmental Losses Asbestos
Environmental
+#Sensitivity to TimeLag Assumption*
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NO TITLEHamilton HM JXHamilton HM JX (1)!Reserves for Unpaid Losses and Reserves for Unpaid (1)Reserves for Unpaid (2)Reserves for Unpaid (3)Reserves for Unpaid (4)Reserves for Unpaid (5)Reserves for Unpaid (6)General A038E Exposures!Investment Committee and Invest
EquitiesEquities (1)Equities (2)!Minimum Solvency Margin and ResMinimum Solvency Margin (1)!Conducting Insurance Business iCapital Releases RiskBased Capital RequirementsRiskBased Capital (1)Credit for Reinsurance!Our past and future acquisition!Fluctuations in the reinsurance!Our stock price may experience !Changes in US federal income taChanges in US federal (1)!COMPARISON OF 5 YEAR CUMULATIVECOMPARISON OF 5 YEAR (1)COMPARISON OF 5 YEAR (2)NO TITLE (1)COMPARISON OF 5 YEAR (3)!Net reduction in ultimate loss !Loss and Loss Adjustment ExpensLoss and Loss Adjustment (1)!Annual Loss and Loss Adjustment
Latent Claims!2 35 Billion Ultimate Industry 2 35 Billion Ultimate (1)2 35 Billion Ultimate (2)Fixed Maturity (1)Fixed Maturity (2)!Net Investment Income and Net R Net Investment Income and (1) Net Investment Income and (2) Net Investment Income and (3) Net Investment Income and (4) Net Investment Income and (5) Net Investment Income and (6) Net Investment Income and (7) Net Investment Income and (8) Net Investment Income and (9)!Net Investment Income and (10)!Net Investment Income and (11)!Net Investment Income and (12)!Net Investment Income and (13)!Net Investment Income and (14)!Net Investment Income and (15)!Net Investment Income and (16)!Net Investment Income and (17)!Net Investment Income and (18)!Net Investment Income and (19)!Net Investment Income and (20)!Net Investment Income and (21)!Net Investment Income and (22)!Net Investment Income and (23)!Net Investment Income and (24)Reinsurance RecoverablesReinsurance Rec (1)!Aggregate Contractual Obligatio!of Investments Classified as Tr of Investments Classified (1) of Investments Classified (2) of Investments Classified (3)
Balance SheetIncome Statement of Investments Classified (4)Shareholders Equity
Cash Flows
EGI and BHEGI and BH (1)EGI and BH (2)EGI and BH (3)EGI and BH (4)EGI and BH (5)EGI and BH (6)EGI and BH (7)EGI and BH (8)EGI and BH (9)EGI and BH (10)EGI and BH (11)EGI and BH (12)EGI and BH (13)EGI and BH (14)EGI and BH (15)EGI and BH (16)EGI and BH (17)EGI and BH (18)EGI and BH (19)EGI and BH (20)EGI and BH (21)EGI and BH (22)EGI and BH (23)Constellation ReinsuranceConstellation R (1)Constellation R (2)Constellation R (3)Constellation R (4)Constellation R (5)Constellation R (6)Constellation R (7)Constellation R (8)Constellation R (9)Constellation R (10)Constellation R (11)Constellation R (12)Constellation R (13)Constellation R (14)Constellation R (15)Constellation R (16)Constellation R (17)Constellation R (18)!OtherThanTemporary Impairment POtherThanTemporary (1)OtherThanTemporary (2)OtherThanTemporary (3)OtherThanTemporary (4)OtherThanTemporary (5)OtherThanTemporary (6)OtherThanTemporary (7)OtherThanTemporary (8)OtherThanTemporary (9)OtherThanTemporary (10)OtherThanTemporary (11)OtherThanTemporary (12)OtherThanTemporary (13)OtherThanTemporary (14)!iii Enstar Group Limited Employiii Enstar Group Limited (1)iii Enstar Group Limited (2)iii Enstar Group Limited (3)iii Enstar Group Limited (4)iii Enstar Group Limited (5)iii Enstar Group Limited (6)iii Enstar Group Limited (7)iii Enstar Group Limited (8)iii Enstar Group Limited (9) iii Enstar Group Limited (10) iii Enstar Group Limited (11) iii Enstar Group Limited (12) iii Enstar Group Limited (13) iii Enstar Group Limited (14) iii Enstar Group Limited (15)Balance Sheet (1)Income Statemen (1)Cash Flows (1)Summary CompensationBeneficial Ownership!2 Financial Statement Schedules2 Financial Statement (1)2 Financial Statement (2)2 Financial Statement (3)2 Financial Statement (4)2 Financial Statement (5)2 Financial Statement (6)2 Financial Statement (7)2 Financial Statement (8)LISTING OF SUBSIDIARIESLISTING OF SUBS (1)NO TITLE (2)NO TITLE (3)NO TITLE (4)NO TITLE (5)NO TITLE (6)U }%}$ }}$}$ }U}$}
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Enstar Group LTD10K
03/04/2010"Fixed Maturity Investments
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EquitiesEquities (1)Equities (2)!Minimum Solvency Margin and ResMinimum Solvency Margin (1)!Conducting Insurance Business iCapital Releases RiskBased Capital RequirementsRiskBased Capital (1)Credit for Reinsurance!Our past and future acquisition!Fluctuations in the reinsurance!Our stock price may experience !Changes in US federal income taChanges in US federal (1)!COMPARISON OF 5 YEAR CUMULATIVECOMPARISON OF 5 YEAR (1)COMPARISON OF 5 YEAR (2)NO TITLE (1)COMPARISON OF 5 YEAR (3)!Net reduction in ultimate loss !Loss and Loss Adjustment ExpensLoss and Loss Adjustment (1)!Annual Loss and Loss Adjustment
Latent Claims!2 35 Billion Ultimate Industry 2 35 Billion Ultimate (1)2 35 Billion Ultimate (2)Fixed Maturity InvestmentsFixed Maturity (2)!Net Investment Income and Net R Net Investment Income and (1) Net Investment Income and (2) Net Investment Income and (3) Net Investment Income and (4) Net Investment Income and (5) Net Investment Income and (6) Net Investment Income and (7) Net Investment Income and (8) Net Investment Income and (9)!Net Investment Income and (10)!Net Investment Income and (11)!Net Investment Income and (12)!Net Investment Income and (13)!Net Investment Income and (14)!Net Investment Income and (15)!Net Investment Income and (16)!Net Investment Income and (17)!Net Investment Income and (18)!Net Investment Income and (19)!Net Investment Income and (20)!Net Investment Income and (21)!Net Investment Income and (22)!Net Investment Income and (23)!Net Investment Income and (24)Reinsurance RecoverablesReinsurance Rec (1)!Aggregate Contractual Obligatio!of Investments Classified as Tr of Investments Classified (1) of Investments Classified (2) of Investments Classified (3)
Balance SheetIncome Statement of Investments Classified (4)Shareholders Equity
Cash Flows
EGI and BHEGI and BH (1)EGI and BH (2)EGI and BH (3)EGI and BH (4)EGI and BH (5)EGI and BH (6)EGI and BH (7)EGI and BH (8)EGI and BH (9)EGI and BH (10)EGI and BH (11)EGI and BH (12)EGI and BH (13)EGI and BH (14)EGI and BH (15)EGI and BH (16)EGI and BH (17)EGI and BH (18)EGI and BH (19)EGI and BH (20)EGI and BH (21)EGI and BH (22)EGI and BH (23)Constellation ReinsuranceConstellation R (1)Constellation R (2)Constellation R (3)Constellation R (4)Constellation R (5)Constellation R (6)Constellation R (7)Constellation R (8)Constellation R (9)Constellation R (10)Constellation R (11)Constellation R (12)Constellation R (13)Constellation R (14)Constellation R (15)Constellation R (16)Constellation R (17)Constellation R (18)!OtherThanTemporary Impairment POtherThanTemporary (1)OtherThanTemporary (2)OtherThanTemporary (3)OtherThanTemporary (4)OtherThanTemporary (5)OtherThanTemporary (6)OtherThanTemporary (7)OtherThanTemporary (8)OtherThanTemporary (9)OtherThanTemporary (10)OtherThanTemporary (11)OtherThanTemporary (12)OtherThanTemporary (13)OtherThanTemporary (14)!iii Enstar Group Limited Employiii Enstar Group Limited (1)iii Enstar Group Limited (2)iii Enstar Group Limited (3)iii Enstar Group Limited (4)iii Enstar Group Limited (5)iii Enstar Group Limited (6)iii Enstar Group Limited (7)iii Enstar Group Limited (8)iii Enstar Group Limited (9) iii Enstar Group Limited (10) iii Enstar Group Limited (11) iii Enstar Group Limited (12) iii Enstar Group Limited (13) iii Enstar Group Limited (14) iii Enstar Group Limited (15)Balance Sheet (1)Income Statemen (1)Cash Flows (1)Summary CompensationBeneficial Ownership!2 Financial Statement Schedules2 Financial Statement (1)2 Financial Statement (2)2 Financial Statement (3)2 Financial Statement (4)2 Financial Statement (5)2 Financial Statement (6)2 Financial Statement (7)2 Financial Statement (8)LISTING OF SUBSIDIARIESLISTING OF SUBS (1)NO TITLE (2)NO TITLE (3)NO TITLE (4)NO TITLE (5)NO TITLE (6)U }I;}$ }}$ }}
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EquitiesEquities (1)Equities (2)!Minimum Solvency Margin and ResMinimum Solvency Margin (1)!Conducting Insurance Business iCapital Releases RiskBased Capital RequirementsRiskBased Capital (1)Credit for Reinsurance!Our past and future acquisition!Fluctuations in the reinsurance!Our stock price may experience !Changes in US federal income taChanges in US federal (1)!COMPARISON OF 5 YEAR CUMULATIVECOMPARISON OF 5 YEAR (1)COMPARISON OF 5 YEAR (2)NO TITLE (1)COMPARISON OF 5 YEAR (3)!Net reduction in ultimate loss !Loss and Loss Adjustment ExpensLoss and Loss Adjustment (1)!Annual Loss and Loss Adjustment
Latent Claims!2 35 Billion Ultimate Industry 2 35 Billion Ultimate (1)2 35 Billion Ultimate (2)Fixed Maturity InvestmentsFixed Maturity (1)!Net Investment Income and Net R Net Investment Income and (1) Net Investment Income and (2) Net Investment Income and (3) Net Investment Income and (4) Net Investment Income and (5) Net Investment Income and (6) Net Investment Income and (7) Net Investment Income and (8) Net Investment Income and (9)!Net Investment Income and (10)!Net Investment Income and (11)!Net Investment Income and (12)!Net Investment Income and (13)!Net Investment Income and (14)!Net Investment Income and (15)!Net Investment Income and (16)!Net Investment Income and (17)!Net Investment Income and (18)!Net Investment Income and (19)!Net Investment Income and (20)!Net Investment Income and (21)!Net Investment Income and (22)!Net Investment Income and (23)!Net Investment Income and (24)Reinsurance RecoverablesReinsurance Rec (1)!Aggregate Contractual Obligatio!of Investments Classified as Tr of Investments Classified (1) of Investments Classified (2) of Investments Classified (3)
Balance SheetIncome Statement of Investments Classified (4)Shareholders Equity
Cash Flows
EGI and BHEGI and BH (1)EGI and BH (2)EGI and BH (3)EGI and BH (4)EGI and BH (5)EGI and BH (6)EGI and BH (7)EGI and BH (8)EGI and BH (9)EGI and BH (10)EGI and BH (11)EGI and BH (12)EGI and BH (13)EGI and BH (14)EGI and BH (15)EGI and BH (16)EGI and BH (17)EGI and BH (18)EGI and BH (19)EGI and BH (20)EGI and BH (21)EGI and BH (22)EGI and BH (23)Constellation ReinsuranceConstellation R (1)Constellation R (2)Constellation R (3)Constellation R (4)Constellation R (5)Constellation R (6)Constellation R (7)Constellation R (8)Constellation R (9)Constellation R (10)Constellation R (11)Constellation R (12)Constellation R (13)Constellation R (14)Constellation R (15)Constellation R (16)Constellation R (17)Constellation R (18)!OtherThanTemporary Impairment POtherThanTemporary (1)OtherThanTemporary (2)OtherThanTemporary (3)OtherThanTemporary (4)OtherThanTemporary (5)OtherThanTemporary (6)OtherThanTemporary (7)OtherThanTemporary (8)OtherThanTemporary (9)OtherThanTemporary (10)OtherThanTemporary (11)OtherThanTemporary (12)OtherThanTemporary (13)OtherThanTemporary (14)!iii Enstar Group Limited Employiii Enstar Group Limited (1)iii Enstar Group Limited (2)iii Enstar Group Limited (3)iii Enstar Group Limited (4)iii Enstar Group Limited (5)iii Enstar Group Limited (6)iii Enstar Group Limited (7)iii Enstar Group Limited (8)iii Enstar Group Limited (9) iii Enstar Group Limited (10) iii Enstar Group Limited (11) iii Enstar Group Limited (12) iii Enstar Group Limited (13) iii Enstar Group Limited (14) iii Enstar Group Limited (15)Balance Sheet (1)Income Statemen (1)Cash Flows (1)Summary CompensationBeneficial Ownership!2 Financial Statement Schedules2 Financial Statement (1)2 Financial Statement (2)2 Financial Statement (3)2 Financial Statement (4)2 Financial Statement (5)2 Financial Statement (6)2 Financial Statement (7)2 Financial Statement (8)LISTING OF SUBSIDIARIESLISTING OF SUBS (1)NO TITLE (2)NO TITLE (3)NO TITLE (4)NO TITLE (5)NO TITLE (6)U }}$ }
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Enstar Group LTD10K
03/04/2010"Fixed Maturity Investments
Year Ended December 31,
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EquitiesEquities (1)Equities (2)!Minimum Solvency Margin and ResMinimum Solvency Margin (1)!Conducting Insurance Business iCapital Releases RiskBased Capital RequirementsRiskBased Capital (1)Credit for Reinsurance!Our past and future acquisition!Fluctuations in the reinsurance!Our stock price may experience !Changes in US federal income taChanges in US federal (1)!COMPARISON OF 5 YEAR CUMULATIVECOMPARISON OF 5 YEAR (1)COMPARISON OF 5 YEAR (2)NO TITLE (1)COMPARISON OF 5 YEAR (3)!Net reduction in ultimate loss !Loss and Loss Adjustment ExpensLoss and Loss Adjustment (1)!Annual Loss and Loss Adjustment
Latent Claims!2 35 Billion Ultimate Industry 2 35 Billion Ultimate (1)2 35 Billion Ultimate (2)Fixed Maturity InvestmentsFixed Maturity (1)Fixed Maturity (2) Net Investment Income and (1) Net Investment Income and (2) Net Investment Income and (3) Net Investment Income and (4) Net Investment Income and (5) Net Investment Income and (6) Net Investment Income and (7) Net Investment Income and (8) Net Investment Income and (9)!Net Investment Income and (10)!Net Investment Income and (11)!Net Investment Income and (12)!Net Investment Income and (13)!Net Investment Income and (14)!Net Investment Income and (15)!Net Investment Income and (16)!Net Investment Income and (17)!Net Investment Income and (18)!Net Investment Income and (19)!Net Investment Income and (20)!Net Investment Income and (21)!Net Investment Income and (22)!Net Investment Income and (23)!Net Investment Income and (24)Reinsurance RecoverablesReinsurance Rec (1)!Aggregate Contractual Obligatio!of Investments Classified as Tr of Investments Classified (1) of Investments Classified (2) of Investments Classified (3)
Balance SheetIncome Statement of Investments Classified (4)Shareholders Equity
Cash Flows
EGI and BHEGI and BH (1)EGI and BH (2)EGI and BH (3)EGI and BH (4)EGI and BH (5)EGI and BH (6)EGI and BH (7)EGI and BH (8)EGI and BH (9)EGI and BH (10)EGI and BH (11)EGI and BH (12)EGI and BH (13)EGI and BH (14)EGI and BH (15)EGI and BH (16)EGI and BH (17)EGI and BH (18)EGI and BH (19)EGI and BH (20)EGI and BH (21)EGI and BH (22)EGI and BH (23)Constellation ReinsuranceConstellation R (1)Constellation R (2)Constellation R (3)Constellation R (4)Constellation R (5)Constellation R (6)Constellation R (7)Constellation R (8)Constellation R (9)Constellation R (10)Constellation R (11)Constellation R (12)Constellation R (13)Constellation R (14)Constellation R (15)Constellation R (16)Constellation R (17)Constellation R (18)!OtherThanTemporary Impairment POtherThanTemporary (1)OtherThanTemporary (2)OtherThanTemporary (3)OtherThanTemporary (4)OtherThanTemporary (5)OtherThanTemporary (6)OtherThanTemporary (7)OtherThanTemporary (8)OtherThanTemporary (9)OtherThanTemporary (10)OtherThanTemporary (11)OtherThanTemporary (12)OtherThanTemporary (13)OtherThanTemporary (14)!iii Enstar Group Limited Employiii Enstar Group Limited (1)iii Enstar Group Limited (2)iii Enstar Group Limited (3)iii Enstar Group Limited (4)iii Enstar Group Limited (5)iii Enstar Group Limited (6)iii Enstar Group Limited (7)iii Enstar Group Limited (8)iii Enstar Group Limited (9) iii Enstar Group Limited (10) iii Enstar Group Limited (11) iii Enstar Group Limited (12) iii Enstar Group Limited (13) iii Enstar Group Limited (14) iii Enstar Group Limited (15)Balance Sheet (1)Income Statemen (1)Cash Flows (1)Summary CompensationBeneficial Ownership!2 Financial Statement Schedules2 Financial Statement (1)2 Financial Statement (2)2 Financial Statement (3)2 Financial Statement (4)2 Financial Statement (5)2 Financial Statement (6)2 Financial Statement (7)2 Financial Statement (8)LISTING OF SUBSIDIARIESLISTING OF SUBS (1)NO TITLE (2)NO TITLE (3)NO TITLE (4)NO TITLE (5)NO TITLE (6)U }}$ }}$ }}
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03/04/2010>6Net Investment Income and Net Realized Gains/(Losses):
Year Ended December 31,
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~
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EquitiesEquities (1)Equities (2)!Minimum Solvency Margin and ResMinimum Solvency Margin (1)!Conducting Insurance Business iCapital Releases RiskBased Capital RequirementsRiskBased Capital (1)Credit for Reinsurance!Our past and future acquisition!Fluctuations in the reinsurance!Our stock price may experience !Changes in US federal income taChanges in US federal (1)!COMPARISON OF 5 YEAR CUMULATIVECOMPARISON OF 5 YEAR (1)COMPARISON OF 5 YEAR (2)NO TITLE (1)COMPARISON OF 5 YEAR (3)!Net reduction in ultimate loss !Loss and Loss Adjustment ExpensLoss and Loss Adjustment (1)!Annual Loss and Loss Adjustment
Latent Claims!2 35 Billion Ultimate Industry 2 35 Billion Ultimate (1)2 35 Billion Ultimate (2)Fixed Maturity InvestmentsFixed Maturity (1)Fixed Maturity (2)!Net Investment Income and Net R Net Investment Income and (2) Net Investment Income and (3) Net Investment Income and (4) Net Investment Income and (5) Net Investment Income and (6) Net Investment Income and (7) Net Investment Income and (8) Net Investment Income and (9)!Net Investment Income and (10)!Net Investment Income and (11)!Net Investment Income and (12)!Net Investment Income and (13)!Net Investment Income and (14)!Net Investment Income and (15)!Net Investment Income and (16)!Net Investment Income and (17)!Net Investment Income and (18)!Net Investment Income and (19)!Net Investment Income and (20)!Net Investment Income and (21)!Net Investment Income and (22)!Net Investment Income and (23)!Net Investment Income and (24)Reinsurance RecoverablesReinsurance Rec (1)!Aggregate Contractual Obligatio!of Investments Classified as Tr of Investments Classified (1) of Investments Classified (2) of Investments Classified (3)
Balance SheetIncome Statement of Investments Classified (4)Shareholders Equity
Cash Flows
EGI and BHEGI and BH (1)EGI and BH (2)EGI and BH (3)EGI and BH (4)EGI and BH (5)EGI and BH (6)EGI and BH (7)EGI and BH (8)EGI and BH (9)EGI and BH (10)EGI and BH (11)EGI and BH (12)EGI and BH (13)EGI and BH (14)EGI and BH (15)EGI and BH (16)EGI and BH (17)EGI and BH (18)EGI and BH (19)EGI and BH (20)EGI and BH (21)EGI and BH (22)EGI and BH (23)Constellation ReinsuranceConstellation R (1)Constellation R (2)Constellation R (3)Constellation R (4)Constellation R (5)Constellation R (6)Constellation R (7)Constellation R (8)Constellation R (9)Constellation R (10)Constellation R (11)Constellation R (12)Constellation R (13)Constellation R (14)Constellation R (15)Constellation R (16)Constellation R (17)Constellation R (18)!OtherThanTemporary Impairment POtherThanTemporary (1)OtherThanTemporary (2)OtherThanTemporary (3)OtherThanTemporary (4)OtherThanTemporary (5)OtherThanTemporary (6)OtherThanTemporary (7)OtherThanTemporary (8)OtherThanTemporary (9)OtherThanTemporary (10)OtherThanTemporary (11)OtherThanTemporary (12)OtherThanTemporary (13)OtherThanTemporary (14)!iii Enstar Group Limited Employiii Enstar Group Limited (1)iii Enstar Group Limited (2)iii Enstar Group Limited (3)iii Enstar Group Limited (4)iii Enstar Group Limited (5)iii Enstar Group Limited (6)iii Enstar Group Limited (7)iii Enstar Group Limited (8)iii Enstar Group Limited (9) iii Enstar Group Limited (10) iii Enstar Group Limited (11) iii Enstar Group Limited (12) iii Enstar Group Limited (13) iii Enstar Group Limited (14) iii Enstar Group Limited (15)Balance Sheet (1)Income Statemen (1)Cash Flows (1)Summary CompensationBeneficial Ownership!2 Financial Statement Schedules2 Financial Statement (1)2 Financial Statement (2)2 Financial Statement (3)2 Financial Statement (4)2 Financial Statement (5)2 Financial Statement (6)2 Financial Statement (7)2 Financial Statement (8)LISTING OF SUBSIDIARIESLISTING OF SUBS (1)NO TITLE (2)NO TITLE (3)NO TITLE (4)NO TITLE (5)NO TITLE (6)U }!}$ }}$ }}
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Enstar Group LTD10K
03/04/2010>6Net Investment Income and Net Realized Gains/(Losses):
December 31, 2009
Quoted Prices in
Significant
Significant
Active Markets forOther Observable
Unobservable
Identical AssetsInputs
Inputs
Total Fair
(Level 1) (Level 2)
(Level 3)
Value&(in thousands of U.S. dollars)"U.S. government and agency~
~
~
~
NonU.S. government~
E
~
E Corporate~
P
~
P#Residential mortgagebacked~
r
~
r"Commercial mortgagebacked
~
~
Equities~
NK
~
3
~
~Other investments
~
&
~
&
Total investments~
NK~
.\ ~
;
~
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Latent Claims!2 35 Billion Ultimate Industry 2 35 Billion Ultimate (1)2 35 Billion Ultimate (2)Fixed Maturity InvestmentsFixed Maturity (1)Fixed Maturity (2)!Net Investment Income and Net R Net Investment Income and (1) Net Investment Income and (3) Net Investment Income and (4) Net Investment Income and (5) Net Investment Income and (6) Net Investment Income and (7) Net Investment Income and (8) Net Investment Income and (9)!Net Investment Income and (10)!Net Investment Income and (11)!Net Investment Income and (12)!Net Investment Income and (13)!Net Investment Income and (14)!Net Investment Income and (15)!Net Investment Income and (16)!Net Investment Income and (17)!Net Investment Income and (18)!Net Investment Income and (19)!Net Investment Income and (20)!Net Investment Income and (21)!Net Investment Income and (22)!Net Investment Income and (23)!Net Investment Income and (24)Reinsurance RecoverablesReinsurance Rec (1)!Aggregate Contractual Obligatio!of Investments Classified as Tr of Investments Classified (1) of Investments Classified (2) of Investments Classified (3)
Balance SheetIncome Statement of Investments Classified (4)Shareholders Equity
Cash Flows
EGI and BHEGI and BH (1)EGI and BH (2)EGI and BH (3)EGI and BH (4)EGI and BH (5)EGI and BH (6)EGI and BH (7)EGI and BH (8)EGI and BH (9)EGI and BH (10)EGI and BH (11)EGI and BH (12)EGI and BH (13)EGI and BH (14)EGI and BH (15)EGI and BH (16)EGI and BH (17)EGI and BH (18)EGI and BH (19)EGI and BH (20)EGI and BH (21)EGI and BH (22)EGI and BH (23)Constellation ReinsuranceConstellation R (1)Constellation R (2)Constellation R (3)Constellation R (4)Constellation R (5)Constellation R (6)Constellation R (7)Constellation R (8)Constellation R (9)Constellation R (10)Constellation R (11)Constellation R (12)Constellation R (13)Constellation R (14)Constellation R (15)Constellation R (16)Constellation R (17)Constellation R (18)!OtherThanTemporary Impairment POtherThanTemporary (1)OtherThanTemporary (2)OtherThanTemporary (3)OtherThanTemporary (4)OtherThanTemporary (5)OtherThanTemporary (6)OtherThanTemporary (7)OtherThanTemporary (8)OtherThanTemporary (9)OtherThanTemporary (10)OtherThanTemporary (11)OtherThanTemporary (12)OtherThanTemporary (13)OtherThanTemporary (14)!iii Enstar Group Limited Employiii Enstar Group Limited (1)iii Enstar Group Limited (2)iii Enstar Group Limited (3)iii Enstar Group Limited (4)iii Enstar Group Limited (5)iii Enstar Group Limited (6)iii Enstar Group Limited (7)iii Enstar Group Limited (8)iii Enstar Group Limited (9) iii Enstar Group Limited (10) iii Enstar Group Limited (11) iii Enstar Group Limited (12) iii Enstar Group Limited (13) iii Enstar Group Limited (14) iii Enstar Group Limited (15)Balance Sheet (1)Income Statemen (1)Cash Flows (1)Summary CompensationBeneficial Ownership!2 Financial Statement Schedules2 Financial Statement (1)2 Financial Statement (2)2 Financial Statement (3)2 Financial Statement (4)2 Financial Statement (5)2 Financial Statement (6)2 Financial Statement (7)2 Financial Statement (8)LISTING OF SUBSIDIARIESLISTING OF SUBS (1)NO TITLE (2)NO TITLE (3)NO TITLE (4)NO TITLE (5)NO TITLE (6)U }!}$ }
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Enstar Group LTD10K
03/04/2010>6Net Investment Income and Net Realized Gains/(Losses):
December 31, 2008
Quoted Prices in
Significant
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Active Markets for
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Unobservable
Identical AssetsObservable Inputs
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~
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~
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~
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~
#Residential mortgagebacked~
$
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NO TITLEHamilton HM JXHamilton HM JX (1)!Reserves for Unpaid Losses and Reserves for Unpaid (1)Reserves for Unpaid (2)Reserves for Unpaid (3)Reserves for Unpaid (4)Reserves for Unpaid (5)Reserves for Unpaid (6)General A038E Exposures!Investment Committee and Invest
EquitiesEquities (1)Equities (2)!Minimum Solvency Margin and ResMinimum Solvency Margin (1)!Conducting Insurance Business iCapital Releases RiskBased Capital RequirementsRiskBased Capital (1)Credit for Reinsurance!Our past and future acquisition!Fluctuations in the reinsurance!Our stock price may experience !Changes in US federal income taChanges in US federal (1)!COMPARISON OF 5 YEAR CUMULATIVECOMPARISON OF 5 YEAR (1)COMPARISON OF 5 YEAR (2)NO TITLE (1)COMPARISON OF 5 YEAR (3)!Net reduction in ultimate loss !Loss and Loss Adjustment ExpensLoss and Loss Adjustment (1)!Annual Loss and Loss Adjustment
Latent Claims!2 35 Billion Ultimate Industry 2 35 Billion Ultimate (1)2 35 Billion Ultimate (2)Fixed Maturity InvestmentsFixed Maturity (1)Fixed Maturity (2)!Net Investment Income and Net R Net Investment Income and (1) Net Investment Income and (2) Net Investment Income and (4) Net Investment Income and (5) Net Investment Income and (6) Net Investment Income and (7) Net Investment Income and (8) Net Investment Income and (9)!Net Investment Income and (10)!Net Investment Income and (11)!Net Investment Income and (12)!Net Investment Income and (13)!Net Investment Income and (14)!Net Investment Income and (15)!Net Investment Income and (16)!Net Investment Income and (17)!Net Investment Income and (18)!Net Investment Income and (19)!Net Investment Income and (20)!Net Investment Income and (21)!Net Investment Income and (22)!Net Investment Income and (23)!Net Investment Income and (24)Reinsurance RecoverablesReinsurance Rec (1)!Aggregate Contractual Obligatio!of Investments Classified as Tr of Investments Classified (1) of Investments Classified (2) of Investments Classified (3)
Balance SheetIncome Statement of Investments Classified (4)Shareholders Equity
Cash Flows
EGI and BHEGI and BH (1)EGI and BH (2)EGI and BH (3)EGI and BH (4)EGI and BH (5)EGI and BH (6)EGI and BH (7)EGI and BH (8)EGI and BH (9)EGI and BH (10)EGI and BH (11)EGI and BH (12)EGI and BH (13)EGI and BH (14)EGI and BH (15)EGI and BH (16)EGI and BH (17)EGI and BH (18)EGI and BH (19)EGI and BH (20)EGI and BH (21)EGI and BH (22)EGI and BH (23)Constellation ReinsuranceConstellation R (1)Constellation R (2)Constellation R (3)Constellation R (4)Constellation R (5)Constellation R (6)Constellation R (7)Constellation R (8)Constellation R (9)Constellation R (10)Constellation R (11)Constellation R (12)Constellation R (13)Constellation R (14)Constellation R (15)Constellation R (16)Constellation R (17)Constellation R (18)!OtherThanTemporary Impairment POtherThanTemporary (1)OtherThanTemporary (2)OtherThanTemporary (3)OtherThanTemporary (4)OtherThanTemporary (5)OtherThanTemporary (6)OtherThanTemporary (7)OtherThanTemporary (8)OtherThanTemporary (9)OtherThanTemporary (10)OtherThanTemporary (11)OtherThanTemporary (12)OtherThanTemporary (13)OtherThanTemporary (14)!iii Enstar Group Limited Employiii Enstar Group Limited (1)iii Enstar Group Limited (2)iii Enstar Group Limited (3)iii Enstar Group Limited (4)iii Enstar Group Limited (5)iii Enstar Group Limited (6)iii Enstar Group Limited (7)iii Enstar Group Limited (8)iii Enstar Group Limited (9) iii Enstar Group Limited (10) iii Enstar Group Limited (11) iii Enstar Group Limited (12) iii Enstar Group Limited (13) iii Enstar Group Limited (14) iii Enstar Group Limited (15)Balance Sheet (1)Income Statemen (1)Cash Flows (1)Summary CompensationBeneficial Ownership!2 Financial Statement Schedules2 Financial Statement (1)2 Financial Statement (2)2 Financial Statement (3)2 Financial Statement (4)2 Financial Statement (5)2 Financial Statement (6)2 Financial Statement (7)2 Financial Statement (8)LISTING OF SUBSIDIARIESLISTING OF SUBS (1)NO TITLE (2)NO TITLE (3)NO TITLE (4)NO TITLE (5)NO TITLE (6)U }U5}$ }
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Enstar Group LTD10K
03/04/2010>6Net Investment Income and Net Realized Gains/(Losses): Year Ended December 31,
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Latent Claims!2 35 Billion Ultimate Industry 2 35 Billion Ultimate (1)2 35 Billion Ultimate (2)Fixed Maturity InvestmentsFixed Maturity (1)Fixed Maturity (2)!Net Investment Income and Net R Net Investment Income and (1) Net Investment Income and (2) Net Investment Income and (3) Net Investment Income and (5) Net Investment Income and (6) Net Investment Income and (7) Net Investment Income and (8) Net Investment Income and (9)!Net Investment Income and (10)!Net Investment Income and (11)!Net Investment Income and (12)!Net Investment Income and (13)!Net Investment Income and (14)!Net Investment Income and (15)!Net Investment Income and (16)!Net Investment Income and (17)!Net Investment Income and (18)!Net Investment Income and (19)!Net Investment Income and (20)!Net Investment Income and (21)!Net Investment Income and (22)!Net Investment Income and (23)!Net Investment Income and (24)Reinsurance RecoverablesReinsurance Rec (1)!Aggregate Contractual Obligatio!of Investments Classified as Tr of Investments Classified (1) of Investments Classified (2) of Investments Classified (3)
Balance SheetIncome Statement of Investments Classified (4)Shareholders Equity
Cash Flows
EGI and BHEGI and BH (1)EGI and BH (2)EGI and BH (3)EGI and BH (4)EGI and BH (5)EGI and BH (6)EGI and BH (7)EGI and BH (8)EGI and BH (9)EGI and BH (10)EGI and BH (11)EGI and BH (12)EGI and BH (13)EGI and BH (14)EGI and BH (15)EGI and BH (16)EGI and BH (17)EGI and BH (18)EGI and BH (19)EGI and BH (20)EGI and BH (21)EGI and BH (22)EGI and BH (23)Constellation ReinsuranceConstellation R (1)Constellation R (2)Constellation R (3)Constellation R (4)Constellation R (5)Constellation R (6)Constellation R (7)Constellation R (8)Constellation R (9)Constellation R (10)Constellation R (11)Constellation R (12)Constellation R (13)Constellation R (14)Constellation R (15)Constellation R (16)Constellation R (17)Constellation R (18)!OtherThanTemporary Impairment POtherThanTemporary (1)OtherThanTemporary (2)OtherThanTemporary (3)OtherThanTemporary (4)OtherThanTemporary (5)OtherThanTemporary (6)OtherThanTemporary (7)OtherThanTemporary (8)OtherThanTemporary (9)OtherThanTemporary (10)OtherThanTemporary (11)OtherThanTemporary (12)OtherThanTemporary (13)OtherThanTemporary (14)!iii Enstar Group Limited Employiii Enstar Group Limited (1)iii Enstar Group Limited (2)iii Enstar Group Limited (3)iii Enstar Group Limited (4)iii Enstar Group Limited (5)iii Enstar Group Limited (6)iii Enstar Group Limited (7)iii Enstar Group Limited (8)iii Enstar Group Limited (9) iii Enstar Group Limited (10) iii Enstar Group Limited (11) iii Enstar Group Limited (12) iii Enstar Group Limited (13) iii Enstar Group Limited (14) iii Enstar Group Limited (15)Balance Sheet (1)Income Statemen (1)Cash Flows (1)Summary CompensationBeneficial Ownership!2 Financial Statement Schedules2 Financial Statement (1)2 Financial Statement (2)2 Financial Statement (3)2 Financial Statement (4)2 Financial Statement (5)2 Financial Statement (6)2 Financial Statement (7)2 Financial Statement (8)LISTING OF SUBSIDIARIESLISTING OF SUBS (1)NO TITLE (2)NO TITLE (3)NO TITLE (4)NO TITLE (5)NO TITLE (6)U }U5}$ }
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Enstar Group LTD10K
03/04/2010>6Net Investment Income and Net Realized Gains/(Losses): Year Ended December 31,
~
f
~
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~
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NO TITLEHamilton HM JXHamilton HM JX (1)!Reserves for Unpaid Losses and Reserves for Unpaid (1)Reserves for Unpaid (2)Reserves for Unpaid (3)Reserves for Unpaid (4)Reserves for Unpaid (5)Reserves for Unpaid (6)General A038E Exposures!Investment Committee and Invest
EquitiesEquities (1)Equities (2)!Minimum Solvency Margin and ResMinimum Solvency Margin (1)!Conducting Insurance Business iCapital Releases RiskBased Capital RequirementsRiskBased Capital (1)Credit for Reinsurance!Our past and future acquisition!Fluctuations in the reinsurance!Our stock price may experience !Changes in US federal income taChanges in US federal (1)!COMPARISON OF 5 YEAR CUMULATIVECOMPARISON OF 5 YEAR (1)COMPARISON OF 5 YEAR (2)NO TITLE (1)COMPARISON OF 5 YEAR (3)!Net reduction in ultimate loss !Loss and Loss Adjustment ExpensLoss and Loss Adjustment (1)!Annual Loss and Loss Adjustment
Latent Claims!2 35 Billion Ultimate Industry 2 35 Billion Ultimate (1)2 35 Billion Ultimate (2)Fixed Maturity InvestmentsFixed Maturity (1)Fixed Maturity (2)!Net Investment Income and Net R Net Investment Income and (1) Net Investment Income and (2) Net Investment Income and (3) Net Investment Income and (4) Net Investment Income and (6) Net Investment Income and (7) Net Investment Income and (8) Net Investment Income and (9)!Net Investment Income and (10)!Net Investment Income and (11)!Net Investment Income and (12)!Net Investment Income and (13)!Net Investment Income and (14)!Net Investment Income and (15)!Net Investment Income and (16)!Net Investment Income and (17)!Net Investment Income and (18)!Net Investment Income and (19)!Net Investment Income and (20)!Net Investment Income and (21)!Net Investment Income and (22)!Net Investment Income and (23)!Net Investment Income and (24)Reinsurance RecoverablesReinsurance Rec (1)!Aggregate Contractual Obligatio!of Investments Classified as Tr of Investments Classified (1) of Investments Classified (2) of Investments Classified (3)
Balance SheetIncome Statement of Investments Classified (4)Shareholders Equity
Cash Flows
EGI and BHEGI and BH (1)EGI and BH (2)EGI and BH (3)EGI and BH (4)EGI and BH (5)EGI and BH (6)EGI and BH (7)EGI and BH (8)EGI and BH (9)EGI and BH (10)EGI and BH (11)EGI and BH (12)EGI and BH (13)EGI and BH (14)EGI and BH (15)EGI and BH (16)EGI and BH (17)EGI and BH (18)EGI and BH (19)EGI and BH (20)EGI and BH (21)EGI and BH (22)EGI and BH (23)Constellation ReinsuranceConstellation R (1)Constellation R (2)Constellation R (3)Constellation R (4)Constellation R (5)Constellation R (6)Constellation R (7)Constellation R (8)Constellation R (9)Constellation R (10)Constellation R (11)Constellation R (12)Constellation R (13)Constellation R (14)Constellation R (15)Constellation R (16)Constellation R (17)Constellation R (18)!OtherThanTemporary Impairment POtherThanTemporary (1)OtherThanTemporary (2)OtherThanTemporary (3)OtherThanTemporary (4)OtherThanTemporary (5)OtherThanTemporary (6)OtherThanTemporary (7)OtherThanTemporary (8)OtherThanTemporary (9)OtherThanTemporary (10)OtherThanTemporary (11)OtherThanTemporary (12)OtherThanTemporary (13)OtherThanTemporary (14)!iii Enstar Group Limited Employiii Enstar Group Limited (1)iii Enstar Group Limited (2)iii Enstar Group Limited (3)iii Enstar Group Limited (4)iii Enstar Group Limited (5)iii Enstar Group Limited (6)iii Enstar Group Limited (7)iii Enstar Group Limited (8)iii Enstar Group Limited (9) iii Enstar Group Limited (10) iii Enstar Group Limited (11) iii Enstar Group Limited (12) iii Enstar Group Limited (13) iii Enstar Group Limited (14) iii Enstar Group Limited (15)Balance Sheet (1)Income Statemen (1)Cash Flows (1)Summary CompensationBeneficial Ownership!2 Financial Statement Schedules2 Financial Statement (1)2 Financial Statement (2)2 Financial Statement (3)2 Financial Statement (4)2 Financial Statement (5)2 Financial Statement (6)2 Financial Statement (7)2 Financial Statement (8)LISTING OF SUBSIDIARIESLISTING OF SUBS (1)NO TITLE (2)NO TITLE (3)NO TITLE (4)NO TITLE (5)NO TITLE (6)U }}$ }}$ }}
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03/04/2010>6Net Investment Income and Net Realized Gains/(Losses):
Year Ended December 31,
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Latent Claims!2 35 Billion Ultimate Industry 2 35 Billion Ultimate (1)2 35 Billion Ultimate (2)Fixed Maturity InvestmentsFixed Maturity (1)Fixed Maturity (2)!Net Investment Income and Net R Net Investment Income and (1) Net Investment Income and (2) Net Investment Income and (3) Net Investment Income and (4) Net Investment Income and (5) Net Investment Income and (7) Net Investment Income and (8) Net Investment Income and (9)!Net Investment Income and (10)!Net Investment Income and (11)!Net Investment Income and (12)!Net Investment Income and (13)!Net Investment Income and (14)!Net Investment Income and (15)!Net Investment Income and (16)!Net Investment Income and (17)!Net Investment Income and (18)!Net Investment Income and (19)!Net Investment Income and (20)!Net Investment Income and (21)!Net Investment Income and (22)!Net Investment Income and (23)!Net Investment Income and (24)Reinsurance RecoverablesReinsurance Rec (1)!Aggregate Contractual Obligatio!of Investments Classified as Tr of Investments Classified (1) of Investments Classified (2) of Investments Classified (3)
Balance SheetIncome Statement of Investments Classified (4)Shareholders Equity
Cash Flows
EGI and BHEGI and BH (1)EGI and BH (2)EGI and BH (3)EGI and BH (4)EGI and BH (5)EGI and BH (6)EGI and BH (7)EGI and BH (8)EGI and BH (9)EGI and BH (10)EGI and BH (11)EGI and BH (12)EGI and BH (13)EGI and BH (14)EGI and BH (15)EGI and BH (16)EGI and BH (17)EGI and BH (18)EGI and BH (19)EGI and BH (20)EGI and BH (21)EGI and BH (22)EGI and BH (23)Constellation ReinsuranceConstellation R (1)Constellation R (2)Constellation R (3)Constellation R (4)Constellation R (5)Constellation R (6)Constellation R (7)Constellation R (8)Constellation R (9)Constellation R (10)Constellation R (11)Constellation R (12)Constellation R (13)Constellation R (14)Constellation R (15)Constellation R (16)Constellation R (17)Constellation R (18)!OtherThanTemporary Impairment POtherThanTemporary (1)OtherThanTemporary (2)OtherThanTemporary (3)OtherThanTemporary (4)OtherThanTemporary (5)OtherThanTemporary (6)OtherThanTemporary (7)OtherThanTemporary (8)OtherThanTemporary (9)OtherThanTemporary (10)OtherThanTemporary (11)OtherThanTemporary (12)OtherThanTemporary (13)OtherThanTemporary (14)!iii Enstar Group Limited Employiii Enstar Group Limited (1)iii Enstar Group Limited (2)iii Enstar Group Limited (3)iii Enstar Group Limited (4)iii Enstar Group Limited (5)iii Enstar Group Limited (6)iii Enstar Group Limited (7)iii Enstar Group Limited (8)iii Enstar Group Limited (9) iii Enstar Group Limited (10) iii Enstar Group Limited (11) iii Enstar Group Limited (12) iii Enstar Group Limited (13) iii Enstar Group Limited (14) iii Enstar Group Limited (15)Balance Sheet (1)Income Statemen (1)Cash Flows (1)Summary CompensationBeneficial Ownership!2 Financial Statement Schedules2 Financial Statement (1)2 Financial Statement (2)2 Financial Statement (3)2 Financial Statement (4)2 Financial Statement (5)2 Financial Statement (6)2 Financial Statement (7)2 Financial Statement (8)LISTING OF SUBSIDIARIESLISTING OF SUBS (1)NO TITLE (2)NO TITLE (3)NO TITLE (4)NO TITLE (5)NO TITLE (6)U }}$ }}$ }}
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Enstar Group LTD10K
03/04/2010>6Net Investment Income and Net Realized Gains/(Losses):
Year Ended December 31,
~
f
~
b
Variance
&(in thousands of U.S. dollars)
Consulting
~
z6
~
&
~
Reinsurance~
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~
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NO TITLEHamilton HM JXHamilton HM JX (1)!Reserves for Unpaid Losses and Reserves for Unpaid (1)Reserves for Unpaid (2)Reserves for Unpaid (3)Reserves for Unpaid (4)Reserves for Unpaid (5)Reserves for Unpaid (6)General A038E Exposures!Investment Committee and Invest
EquitiesEquities (1)Equities (2)!Minimum Solvency Margin and ResMinimum Solvency Margin (1)!Conducting Insurance Business iCapital Releases RiskBased Capital RequirementsRiskBased Capital (1)Credit for Reinsurance!Our past and future acquisition!Fluctuations in the reinsurance!Our stock price may experience !Changes in US federal income taChanges in US federal (1)!COMPARISON OF 5 YEAR CUMULATIVECOMPARISON OF 5 YEAR (1)COMPARISON OF 5 YEAR (2)NO TITLE (1)COMPARISON OF 5 YEAR (3)!Net reduction in ultimate loss !Loss and Loss Adjustment ExpensLoss and Loss Adjustment (1)!Annual Loss and Loss Adjustment
Latent Claims!2 35 Billion Ultimate Industry 2 35 Billion Ultimate (1)2 35 Billion Ultimate (2)Fixed Maturity InvestmentsFixed Maturity (1)Fixed Maturity (2)!Net Investment Income and Net R Net Investment Income and (1) Net Investment Income and (2) Net Investment Income and (3) Net Investment Income and (4) Net Investment Income and (5) Net Investment Income and (6) Net Investment Income and (8) Net Investment Income and (9)!Net Investment Income and (10)!Net Investment Income and (11)!Net Investment Income and (12)!Net Investment Income and (13)!Net Investment Income and (14)!Net Investment Income and (15)!Net Investment Income and (16)!Net Investment Income and (17)!Net Investment Income and (18)!Net Investment Income and (19)!Net Investment Income and (20)!Net Investment Income and (21)!Net Investment Income and (22)!Net Investment Income and (23)!Net Investment Income and (24)Reinsurance RecoverablesReinsurance Rec (1)!Aggregate Contractual Obligatio!of Investments Classified as Tr of Investments Classified (1) of Investments Classified (2) of Investments Classified (3)
Balance SheetIncome Statement of Investments Classified (4)Shareholders Equity
Cash Flows
EGI and BHEGI and BH (1)EGI and BH (2)EGI and BH (3)EGI and BH (4)EGI and BH (5)EGI and BH (6)EGI and BH (7)EGI and BH (8)EGI and BH (9)EGI and BH (10)EGI and BH (11)EGI and BH (12)EGI and BH (13)EGI and BH (14)EGI and BH (15)EGI and BH (16)EGI and BH (17)EGI and BH (18)EGI and BH (19)EGI and BH (20)EGI and BH (21)EGI and BH (22)EGI and BH (23)Constellation ReinsuranceConstellation R (1)Constellation R (2)Constellation R (3)Constellation R (4)Constellation R (5)Constellation R (6)Constellation R (7)Constellation R (8)Constellation R (9)Constellation R (10)Constellation R (11)Constellation R (12)Constellation R (13)Constellation R (14)Constellation R (15)Constellation R (16)Constellation R (17)Constellation R (18)!OtherThanTemporary Impairment POtherThanTemporary (1)OtherThanTemporary (2)OtherThanTemporary (3)OtherThanTemporary (4)OtherThanTemporary (5)OtherThanTemporary (6)OtherThanTemporary (7)OtherThanTemporary (8)OtherThanTemporary (9)OtherThanTemporary (10)OtherThanTemporary (11)OtherThanTemporary (12)OtherThanTemporary (13)OtherThanTemporary (14)!iii Enstar Group Limited Employiii Enstar Group Limited (1)iii Enstar Group Limited (2)iii Enstar Group Limited (3)iii Enstar Group Limited (4)iii Enstar Group Limited (5)iii Enstar Group Limited (6)iii Enstar Group Limited (7)iii Enstar Group Limited (8)iii Enstar Group Limited (9) iii Enstar Group Limited (10) iii Enstar Group Limited (11) iii Enstar Group Limited (12) iii Enstar Group Limited (13) iii Enstar Group Limited (14) iii Enstar Group Limited (15)Balance Sheet (1)Income Statemen (1)Cash Flows (1)Summary CompensationBeneficial Ownership!2 Financial Statement Schedules2 Financial Statement (1)2 Financial Statement (2)2 Financial Statement (3)2 Financial Statement (4)2 Financial Statement (5)2 Financial Statement (6)2 Financial Statement (7)2 Financial Statement (8)LISTING OF SUBSIDIARIESLISTING OF SUBS (1)NO TITLE (2)NO TITLE (3)NO TITLE (4)NO TITLE (5)NO TITLE (6)U }}$ }}$ }}
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Enstar Group LTD10K
03/04/2010>6Net Investment Income and Net Realized Gains/(Losses):
Year Ended December 31,
~
f
~
b
Variance
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~
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~
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NO TITLEHamilton HM JXHamilton HM JX (1)!Reserves for Unpaid Losses and Reserves for Unpaid (1)Reserves for Unpaid (2)Reserves for Unpaid (3)Reserves for Unpaid (4)Reserves for Unpaid (5)Reserves for Unpaid (6)General A038E Exposures!Investment Committee and Invest
EquitiesEquities (1)Equities (2)!Minimum Solvency Margin and ResMinimum Solvency Margin (1)!Conducting Insurance Business iCapital Releases RiskBased Capital RequirementsRiskBased Capital (1)Credit for Reinsurance!Our past and future acquisition!Fluctuations in the reinsurance!Our stock price may experience !Changes in US federal income taChanges in US federal (1)!COMPARISON OF 5 YEAR CUMULATIVECOMPARISON OF 5 YEAR (1)COMPARISON OF 5 YEAR (2)NO TITLE (1)COMPARISON OF 5 YEAR (3)!Net reduction in ultimate loss !Loss and Loss Adjustment ExpensLoss and Loss Adjustment (1)!Annual Loss and Loss Adjustment
Latent Claims!2 35 Billion Ultimate Industry 2 35 Billion Ultimate (1)2 35 Billion Ultimate (2)Fixed Maturity InvestmentsFixed Maturity (1)Fixed Maturity (2)!Net Investment Income and Net R Net Investment Income and (1) Net Investment Income and (2) Net Investment Income and (3) Net Investment Income and (4) Net Investment Income and (5) Net Investment Income and (6) Net Investment Income and (7) Net Investment Income and (9)!Net Investment Income and (10)!Net Investment Income and (11)!Net Investment Income and (12)!Net Investment Income and (13)!Net Investment Income and (14)!Net Investment Income and (15)!Net Investment Income and (16)!Net Investment Income and (17)!Net Investment Income and (18)!Net Investment Income and (19)!Net Investment Income and (20)!Net Investment Income and (21)!Net Investment Income and (22)!Net Investment Income and (23)!Net Investment Income and (24)Reinsurance RecoverablesReinsurance Rec (1)!Aggregate Contractual Obligatio!of Investments Classified as Tr of Investments Classified (1) of Investments Classified (2) of Investments Classified (3)
Balance SheetIncome Statement of Investments Classified (4)Shareholders Equity
Cash Flows
EGI and BHEGI and BH (1)EGI and BH (2)EGI and BH (3)EGI and BH (4)EGI and BH (5)EGI and BH (6)EGI and BH (7)EGI and BH (8)EGI and BH (9)EGI and BH (10)EGI and BH (11)EGI and BH (12)EGI and BH (13)EGI and BH (14)EGI and BH (15)EGI and BH (16)EGI and BH (17)EGI and BH (18)EGI and BH (19)EGI and BH (20)EGI and BH (21)EGI and BH (22)EGI and BH (23)Constellation ReinsuranceConstellation R (1)Constellation R (2)Constellation R (3)Constellation R (4)Constellation R (5)Constellation R (6)Constellation R (7)Constellation R (8)Constellation R (9)Constellation R (10)Constellation R (11)Constellation R (12)Constellation R (13)Constellation R (14)Constellation R (15)Constellation R (16)Constellation R (17)Constellation R (18)!OtherThanTemporary Impairment POtherThanTemporary (1)OtherThanTemporary (2)OtherThanTemporary (3)OtherThanTemporary (4)OtherThanTemporary (5)OtherThanTemporary (6)OtherThanTemporary (7)OtherThanTemporary (8)OtherThanTemporary (9)OtherThanTemporary (10)OtherThanTemporary (11)OtherThanTemporary (12)OtherThanTemporary (13)OtherThanTemporary (14)!iii Enstar Group Limited Employiii Enstar Group Limited (1)iii Enstar Group Limited (2)iii Enstar Group Limited (3)iii Enstar Group Limited (4)iii Enstar Group Limited (5)iii Enstar Group Limited (6)iii Enstar Group Limited (7)iii Enstar Group Limited (8)iii Enstar Group Limited (9) iii Enstar Group Limited (10) iii Enstar Group Limited (11) iii Enstar Group Limited (12) iii Enstar Group Limited (13) iii Enstar Group Limited (14) iii Enstar Group Limited (15)Balance Sheet (1)Income Statemen (1)Cash Flows (1)Summary CompensationBeneficial Ownership!2 Financial Statement Schedules2 Financial Statement (1)2 Financial Statement (2)2 Financial Statement (3)2 Financial Statement (4)2 Financial Statement (5)2 Financial Statement (6)2 Financial Statement (7)2 Financial Statement (8)LISTING OF SUBSIDIARIESLISTING OF SUBS (1)NO TITLE (2)NO TITLE (3)NO TITLE (4)NO TITLE (5)NO TITLE (6)U }}$ }
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Enstar Group LTD10K
03/04/2010>6Net Investment Income and Net Realized Gains/(Losses):
Year Ended December 31,
~
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~
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Variance
&(in thousands of U.S. dollars)
Consulting
~
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NO TITLEHamilton HM JXHamilton HM JX (1)!Reserves for Unpaid Losses and Reserves for Unpaid (1)Reserves for Unpaid (2)Reserves for Unpaid (3)Reserves for Unpaid (4)Reserves for Unpaid (5)Reserves for Unpaid (6)General A038E Exposures!Investment Committee and Invest
EquitiesEquities (1)Equities (2)!Minimum Solvency Margin and ResMinimum Solvency Margin (1)!Conducting Insurance Business iCapital Releases RiskBased Capital RequirementsRiskBased Capital (1)Credit for Reinsurance!Our past and future acquisition!Fluctuations in the reinsurance!Our stock price may experience !Changes in US federal income taChanges in US federal (1)!COMPARISON OF 5 YEAR CUMULATIVECOMPARISON OF 5 YEAR (1)COMPARISON OF 5 YEAR (2)NO TITLE (1)COMPARISON OF 5 YEAR (3)!Net reduction in ultimate loss !Loss and Loss Adjustment ExpensLoss and Loss Adjustment (1)!Annual Loss and Loss Adjustment
Latent Claims!2 35 Billion Ultimate Industry 2 35 Billion Ultimate (1)2 35 Billion Ultimate (2)Fixed Maturity InvestmentsFixed Maturity (1)Fixed Maturity (2)!Net Investment Income and Net R Net Investment Income and (1) Net Investment Income and (2) Net Investment Income and (3) Net Investment Income and (4) Net Investment Income and (5) Net Investment Income and (6) Net Investment Income and (7) Net Investment Income and (8)!Net Investment Income and (10)!Net Investment Income and (11)!Net Investment Income and (12)!Net Investment Income and (13)!Net Investment Income and (14)!Net Investment Income and (15)!Net Investment Income and (16)!Net Investment Income and (17)!Net Investment Income and (18)!Net Investment Income and (19)!Net Investment Income and (20)!Net Investment Income and (21)!Net Investment Income and (22)!Net Investment Income and (23)!Net Investment Income and (24)Reinsurance RecoverablesReinsurance Rec (1)!Aggregate Contractual Obligatio!of Investments Classified as Tr of Investments Classified (1) of Investments Classified (2) of Investments Classified (3)
Balance SheetIncome Statement of Investments Classified (4)Shareholders Equity
Cash Flows
EGI and BHEGI and BH (1)EGI and BH (2)EGI and BH (3)EGI and BH (4)EGI and BH (5)EGI and BH (6)EGI and BH (7)EGI and BH (8)EGI and BH (9)EGI and BH (10)EGI and BH (11)EGI and BH (12)EGI and BH (13)EGI and BH (14)EGI and BH (15)EGI and BH (16)EGI and BH (17)EGI and BH (18)EGI and BH (19)EGI and BH (20)EGI and BH (21)EGI and BH (22)EGI and BH (23)Constellation ReinsuranceConstellation R (1)Constellation R (2)Constellation R (3)Constellation R (4)Constellation R (5)Constellation R (6)Constellation R (7)Constellation R (8)Constellation R (9)Constellation R (10)Constellation R (11)Constellation R (12)Constellation R (13)Constellation R (14)Constellation R (15)Constellation R (16)Constellation R (17)Constellation R (18)!OtherThanTemporary Impairment POtherThanTemporary (1)OtherThanTemporary (2)OtherThanTemporary (3)OtherThanTemporary (4)OtherThanTemporary (5)OtherThanTemporary (6)OtherThanTemporary (7)OtherThanTemporary (8)OtherThanTemporary (9)OtherThanTemporary (10)OtherThanTemporary (11)OtherThanTemporary (12)OtherThanTemporary (13)OtherThanTemporary (14)!iii Enstar Group Limited Employiii Enstar Group Limited (1)iii Enstar Group Limited (2)iii Enstar Group Limited (3)iii Enstar Group Limited (4)iii Enstar Group Limited (5)iii Enstar Group Limited (6)iii Enstar Group Limited (7)iii Enstar Group Limited (8)iii Enstar Group Limited (9) iii Enstar Group Limited (10) iii Enstar Group Limited (11) iii Enstar Group Limited (12) iii Enstar Group Limited (13) iii Enstar Group Limited (14) iii Enstar Group Limited (15)Balance Sheet (1)Income Statemen (1)Cash Flows (1)Summary CompensationBeneficial Ownership!2 Financial Statement Schedules2 Financial Statement (1)2 Financial Statement (2)2 Financial Statement (3)2 Financial Statement (4)2 Financial Statement (5)2 Financial Statement (6)2 Financial Statement (7)2 Financial Statement (8)LISTING OF SUBSIDIARIESLISTING OF SUBS (1)NO TITLE (2)NO TITLE (3)NO TITLE (4)NO TITLE (5)NO TITLE (6)U }I;}$ }}$ }
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Enstar Group LTD10K
03/04/2010>6Net Investment Income and Net Realized Gains/(Losses):
Year Ended
Year Ended
December 31, 2009December 31, 2008&(in thousands of U.S. dollars)
0(Foreign exchange (losses) gains recorded~
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.&through earnings (related primarily to6.the holding of surplus U.S. dollar denominated6.shortterm investments) (net of noncontrolling4,interest of $10.7 million and $11.0 million,
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NO TITLEHamilton HM JXHamilton HM JX (1)!Reserves for Unpaid Losses and Reserves for Unpaid (1)Reserves for Unpaid (2)Reserves for Unpaid (3)Reserves for Unpaid (4)Reserves for Unpaid (5)Reserves for Unpaid (6)General A038E Exposures!Investment Committee and Invest
EquitiesEquities (1)Equities (2)!Minimum Solvency Margin and ResMinimum Solvency Margin (1)!Conducting Insurance Business iCapital Releases RiskBased Capital RequirementsRiskBased Capital (1)Credit for Reinsurance!Our past and future acquisition!Fluctuations in the reinsurance!Our stock price may experience !Changes in US federal income taChanges in US federal (1)!COMPARISON OF 5 YEAR CUMULATIVECOMPARISON OF 5 YEAR (1)COMPARISON OF 5 YEAR (2)NO TITLE (1)COMPARISON OF 5 YEAR (3)!Net reduction in ultimate loss !Loss and Loss Adjustment ExpensLoss and Loss Adjustment (1)!Annual Loss and Loss Adjustment
Latent Claims!2 35 Billion Ultimate Industry 2 35 Billion Ultimate (1)2 35 Billion Ultimate (2)Fixed Maturity InvestmentsFixed Maturity (1)Fixed Maturity (2)!Net Investment Income and Net R Net Investment Income and (1) Net Investment Income and (2) Net Investment Income and (3) Net Investment Income and (4) Net Investment Income and (5) Net Investment Income and (6) Net Investment Income and (7) Net Investment Income and (8) Net Investment Income and (9)!Net Investment Income and (11)!Net Investment Income and (12)!Net Investment Income and (13)!Net Investment Income and (14)!Net Investment Income and (15)!Net Investment Income and (16)!Net Investment Income and (17)!Net Investment Income and (18)!Net Investment Income and (19)!Net Investment Income and (20)!Net Investment Income and (21)!Net Investment Income and (22)!Net Investment Income and (23)!Net Investment Income and (24)Reinsurance RecoverablesReinsurance Rec (1)!Aggregate Contractual Obligatio!of Investments Classified as Tr of Investments Classified (1) of Investments Classified (2) of Investments Classified (3)
Balance SheetIncome Statement of Investments Classified (4)Shareholders Equity
Cash Flows
EGI and BHEGI and BH (1)EGI and BH (2)EGI and BH (3)EGI and BH (4)EGI and BH (5)EGI and BH (6)EGI and BH (7)EGI and BH (8)EGI and BH (9)EGI and BH (10)EGI and BH (11)EGI and BH (12)EGI and BH (13)EGI and BH (14)EGI and BH (15)EGI and BH (16)EGI and BH (17)EGI and BH (18)EGI and BH (19)EGI and BH (20)EGI and BH (21)EGI and BH (22)EGI and BH (23)Constellation ReinsuranceConstellation R (1)Constellation R (2)Constellation R (3)Constellation R (4)Constellation R (5)Constellation R (6)Constellation R (7)Constellation R (8)Constellation R (9)Constellation R (10)Constellation R (11)Constellation R (12)Constellation R (13)Constellation R (14)Constellation R (15)Constellation R (16)Constellation R (17)Constellation R (18)!OtherThanTemporary Impairment POtherThanTemporary (1)OtherThanTemporary (2)OtherThanTemporary (3)OtherThanTemporary (4)OtherThanTemporary (5)OtherThanTemporary (6)OtherThanTemporary (7)OtherThanTemporary (8)OtherThanTemporary (9)OtherThanTemporary (10)OtherThanTemporary (11)OtherThanTemporary (12)OtherThanTemporary (13)OtherThanTemporary (14)!iii Enstar Group Limited Employiii Enstar Group Limited (1)iii Enstar Group Limited (2)iii Enstar Group Limited (3)iii Enstar Group Limited (4)iii Enstar Group Limited (5)iii Enstar Group Limited (6)iii Enstar Group Limited (7)iii Enstar Group Limited (8)iii Enstar Group Limited (9) iii Enstar Group Limited (10) iii Enstar Group Limited (11) iii Enstar Group Limited (12) iii Enstar Group Limited (13) iii Enstar Group Limited (14) iii Enstar Group Limited (15)Balance Sheet (1)Income Statemen (1)Cash Flows (1)Summary CompensationBeneficial Ownership!2 Financial Statement Schedules2 Financial Statement (1)2 Financial Statement (2)2 Financial Statement (3)2 Financial Statement (4)2 Financial Statement (5)2 Financial Statement (6)2 Financial Statement (7)2 Financial Statement (8)LISTING OF SUBSIDIARIESLISTING OF SUBS (1)NO TITLE (2)NO TITLE (3)NO TITLE (4)NO TITLE (5)NO TITLE (6)U }}$ }
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Enstar Group LTD10K
03/04/2010>6Net Investment Income and Net Realized Gains/(Losses):
Year Ended December 31,
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NO TITLEHamilton HM JXHamilton HM JX (1)!Reserves for Unpaid Losses and Reserves for Unpaid (1)Reserves for Unpaid (2)Reserves for Unpaid (3)Reserves for Unpaid (4)Reserves for Unpaid (5)Reserves for Unpaid (6)General A038E Exposures!Investment Committee and Invest
EquitiesEquities (1)Equities (2)!Minimum Solvency Margin and ResMinimum Solvency Margin (1)!Conducting Insurance Business iCapital Releases RiskBased Capital RequirementsRiskBased Capital (1)Credit for Reinsurance!Our past and future acquisition!Fluctuations in the reinsurance!Our stock price may experience !Changes in US federal income taChanges in US federal (1)!COMPARISON OF 5 YEAR CUMULATIVECOMPARISON OF 5 YEAR (1)COMPARISON OF 5 YEAR (2)NO TITLE (1)COMPARISON OF 5 YEAR (3)!Net reduction in ultimate loss !Loss and Loss Adjustment ExpensLoss and Loss Adjustment (1)!Annual Loss and Loss Adjustment
Latent Claims!2 35 Billion Ultimate Industry 2 35 Billion Ultimate (1)2 35 Billion Ultimate (2)Fixed Maturity InvestmentsFixed Maturity (1)Fixed Maturity (2)!Net Investment Income and Net R Net Investment Income and (1) Net Investment Income and (2) Net Investment Income and (3) Net Investment Income and (4) Net Investment Income and (5) Net Investment Income and (6) Net Investment Income and (7) Net Investment Income and (8) Net Investment Income and (9)!Net Investment Income and (10)!Net Investment Income and (12)!Net Investment Income and (13)!Net Investment Income and (14)!Net Investment Income and (15)!Net Investment Income and (16)!Net Investment Income and (17)!Net Investment Income and (18)!Net Investment Income and (19)!Net Investment Income and (20)!Net Investment Income and (21)!Net Investment Income and (22)!Net Investment Income and (23)!Net Investment Income and (24)Reinsurance RecoverablesReinsurance Rec (1)!Aggregate Contractual Obligatio!of Investments Classified as Tr of Investments Classified (1) of Investments Classified (2) of Investments Classified (3)
Balance SheetIncome Statement of Investments Classified (4)Shareholders Equity
Cash Flows
EGI and BHEGI and BH (1)EGI and BH (2)EGI and BH (3)EGI and BH (4)EGI and BH (5)EGI and BH (6)EGI and BH (7)EGI and BH (8)EGI and BH (9)EGI and BH (10)EGI and BH (11)EGI and BH (12)EGI and BH (13)EGI and BH (14)EGI and BH (15)EGI and BH (16)EGI and BH (17)EGI and BH (18)EGI and BH (19)EGI and BH (20)EGI and BH (21)EGI and BH (22)EGI and BH (23)Constellation ReinsuranceConstellation R (1)Constellation R (2)Constellation R (3)Constellation R (4)Constellation R (5)Constellation R (6)Constellation R (7)Constellation R (8)Constellation R (9)Constellation R (10)Constellation R (11)Constellation R (12)Constellation R (13)Constellation R (14)Constellation R (15)Constellation R (16)Constellation R (17)Constellation R (18)!OtherThanTemporary Impairment POtherThanTemporary (1)OtherThanTemporary (2)OtherThanTemporary (3)OtherThanTemporary (4)OtherThanTemporary (5)OtherThanTemporary (6)OtherThanTemporary (7)OtherThanTemporary (8)OtherThanTemporary (9)OtherThanTemporary (10)OtherThanTemporary (11)OtherThanTemporary (12)OtherThanTemporary (13)OtherThanTemporary (14)!iii Enstar Group Limited Employiii Enstar Group Limited (1)iii Enstar Group Limited (2)iii Enstar Group Limited (3)iii Enstar Group Limited (4)iii Enstar Group Limited (5)iii Enstar Group Limited (6)iii Enstar Group Limited (7)iii Enstar Group Limited (8)iii Enstar Group Limited (9) iii Enstar Group Limited (10) iii Enstar Group Limited (11) iii Enstar Group Limited (12) iii Enstar Group Limited (13) iii Enstar Group Limited (14) iii Enstar Group Limited (15)Balance Sheet (1)Income Statemen (1)Cash Flows (1)Summary CompensationBeneficial Ownership!2 Financial Statement Schedules2 Financial Statement (1)2 Financial Statement (2)2 Financial Statement (3)2 Financial Statement (4)2 Financial Statement (5)2 Financial Statement (6)2 Financial Statement (7)2 Financial Statement (8)LISTING OF SUBSIDIARIESLISTING OF SUBS (1)NO TITLE (2)NO TITLE (3)NO TITLE (4)NO TITLE (5)NO TITLE (6)U }}$ }}
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Enstar Group LTD10K
03/04/2010>6Net Investment Income and Net Realized Gains/(Losses):
Year Ended December 31,
~
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~
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Variance
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Consulting
~
~
~
Reinsurance~
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NO TITLEHamilton HM JXHamilton HM JX (1)!Reserves for Unpaid Losses and Reserves for Unpaid (1)Reserves for Unpaid (2)Reserves for Unpaid (3)Reserves for Unpaid (4)Reserves for Unpaid (5)Reserves for Unpaid (6)General A038E Exposures!Investment Committee and Invest
EquitiesEquities (1)Equities (2)!Minimum Solvency Margin and ResMinimum Solvency Margin (1)!Conducting Insurance Business iCapital Releases RiskBased Capital RequirementsRiskBased Capital (1)Credit for Reinsurance!Our past and future acquisition!Fluctuations in the reinsurance!Our stock price may experience !Changes in US federal income taChanges in US federal (1)!COMPARISON OF 5 YEAR CUMULATIVECOMPARISON OF 5 YEAR (1)COMPARISON OF 5 YEAR (2)NO TITLE (1)COMPARISON OF 5 YEAR (3)!Net reduction in ultimate loss !Loss and Loss Adjustment ExpensLoss and Loss Adjustment (1)!Annual Loss and Loss Adjustment
Latent Claims!2 35 Billion Ultimate Industry 2 35 Billion Ultimate (1)2 35 Billion Ultimate (2)Fixed Maturity InvestmentsFixed Maturity (1)Fixed Maturity (2)!Net Investment Income and Net R Net Investment Income and (1) Net Investment Income and (2) Net Investment Income and (3) Net Investment Income and (4) Net Investment Income and (5) Net Investment Income and (6) Net Investment Income and (7) Net Investment Income and (8) Net Investment Income and (9)!Net Investment Income and (10)!Net Investment Income and (11)!Net Investment Income and (13)!Net Investment Income and (14)!Net Investment Income and (15)!Net Investment Income and (16)!Net Investment Income and (17)!Net Investment Income and (18)!Net Investment Income and (19)!Net Investment Income and (20)!Net Investment Income and (21)!Net Investment Income and (22)!Net Investment Income and (23)!Net Investment Income and (24)Reinsurance RecoverablesReinsurance Rec (1)!Aggregate Contractual Obligatio!of Investments Classified as Tr of Investments Classified (1) of Investments Classified (2) of Investments Classified (3)
Balance SheetIncome Statement of Investments Classified (4)Shareholders Equity
Cash Flows
EGI and BHEGI and BH (1)EGI and BH (2)EGI and BH (3)EGI and BH (4)EGI and BH (5)EGI and BH (6)EGI and BH (7)EGI and BH (8)EGI and BH (9)EGI and BH (10)EGI and BH (11)EGI and BH (12)EGI and BH (13)EGI and BH (14)EGI and BH (15)EGI and BH (16)EGI and BH (17)EGI and BH (18)EGI and BH (19)EGI and BH (20)EGI and BH (21)EGI and BH (22)EGI and BH (23)Constellation ReinsuranceConstellation R (1)Constellation R (2)Constellation R (3)Constellation R (4)Constellation R (5)Constellation R (6)Constellation R (7)Constellation R (8)Constellation R (9)Constellation R (10)Constellation R (11)Constellation R (12)Constellation R (13)Constellation R (14)Constellation R (15)Constellation R (16)Constellation R (17)Constellation R (18)!OtherThanTemporary Impairment POtherThanTemporary (1)OtherThanTemporary (2)OtherThanTemporary (3)OtherThanTemporary (4)OtherThanTemporary (5)OtherThanTemporary (6)OtherThanTemporary (7)OtherThanTemporary (8)OtherThanTemporary (9)OtherThanTemporary (10)OtherThanTemporary (11)OtherThanTemporary (12)OtherThanTemporary (13)OtherThanTemporary (14)!iii Enstar Group Limited Employiii Enstar Group Limited (1)iii Enstar Group Limited (2)iii Enstar Group Limited (3)iii Enstar Group Limited (4)iii Enstar Group Limited (5)iii Enstar Group Limited (6)iii Enstar Group Limited (7)iii Enstar Group Limited (8)iii Enstar Group Limited (9) iii Enstar Group Limited (10) iii Enstar Group Limited (11) iii Enstar Group Limited (12) iii Enstar Group Limited (13) iii Enstar Group Limited (14) iii Enstar Group Limited (15)Balance Sheet (1)Income Statemen (1)Cash Flows (1)Summary CompensationBeneficial Ownership!2 Financial Statement Schedules2 Financial Statement (1)2 Financial Statement (2)2 Financial Statement (3)2 Financial Statement (4)2 Financial Statement (5)2 Financial Statement (6)2 Financial Statement (7)2 Financial Statement (8)LISTING OF SUBSIDIARIESLISTING OF SUBS (1)NO TITLE (2)NO TITLE (3)NO TITLE (4)NO TITLE (5)NO TITLE (6)U }$}$ }}$ }}
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Enstar Group LTD10K
03/04/2010>6Net Investment Income and Net Realized Gains/(Losses):
Year Ended December 31,
~
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~
b
Variance
&(in thousands of U.S. dollars)
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~
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~
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NO TITLEHamilton HM JXHamilton HM JX (1)!Reserves for Unpaid Losses and Reserves for Unpaid (1)Reserves for Unpaid (2)Reserves for Unpaid (3)Reserves for Unpaid (4)Reserves for Unpaid (5)Reserves for Unpaid (6)General A038E Exposures!Investment Committee and Invest
EquitiesEquities (1)Equities (2)!Minimum Solvency Margin and ResMinimum Solvency Margin (1)!Conducting Insurance Business iCapital Releases RiskBased Capital RequirementsRiskBased Capital (1)Credit for Reinsurance!Our past and future acquisition!Fluctuations in the reinsurance!Our stock price may experience !Changes in US federal income taChanges in US federal (1)!COMPARISON OF 5 YEAR CUMULATIVECOMPARISON OF 5 YEAR (1)COMPARISON OF 5 YEAR (2)NO TITLE (1)COMPARISON OF 5 YEAR (3)!Net reduction in ultimate loss !Loss and Loss Adjustment ExpensLoss and Loss Adjustment (1)!Annual Loss and Loss Adjustment
Latent Claims!2 35 Billion Ultimate Industry 2 35 Billion Ultimate (1)2 35 Billion Ultimate (2)Fixed Maturity InvestmentsFixed Maturity (1)Fixed Maturity (2)!Net Investment Income and Net R Net Investment Income and (1) Net Investment Income and (2) Net Investment Income and (3) Net Investment Income and (4) Net Investment Income and (5) Net Investment Income and (6) Net Investment Income and (7) Net Investment Income and (8) Net Investment Income and (9)!Net Investment Income and (10)!Net Investment Income and (11)!Net Investment Income and (12)!Net Investment Income and (14)!Net Investment Income and (15)!Net Investment Income and (16)!Net Investment Income and (17)!Net Investment Income and (18)!Net Investment Income and (19)!Net Investment Income and (20)!Net Investment Income and (21)!Net Investment Income and (22)!Net Investment Income and (23)!Net Investment Income and (24)Reinsurance RecoverablesReinsurance Rec (1)!Aggregate Contractual Obligatio!of Investments Classified as Tr of Investments Classified (1) of Investments Classified (2) of Investments Classified (3)
Balance SheetIncome Statement of Investments Classified (4)Shareholders Equity
Cash Flows
EGI and BHEGI and BH (1)EGI and BH (2)EGI and BH (3)EGI and BH (4)EGI and BH (5)EGI and BH (6)EGI and BH (7)EGI and BH (8)EGI and BH (9)EGI and BH (10)EGI and BH (11)EGI and BH (12)EGI and BH (13)EGI and BH (14)EGI and BH (15)EGI and BH (16)EGI and BH (17)EGI and BH (18)EGI and BH (19)EGI and BH (20)EGI and BH (21)EGI and BH (22)EGI and BH (23)Constellation ReinsuranceConstellation R (1)Constellation R (2)Constellation R (3)Constellation R (4)Constellation R (5)Constellation R (6)Constellation R (7)Constellation R (8)Constellation R (9)Constellation R (10)Constellation R (11)Constellation R (12)Constellation R (13)Constellation R (14)Constellation R (15)Constellation R (16)Constellation R (17)Constellation R (18)!OtherThanTemporary Impairment POtherThanTemporary (1)OtherThanTemporary (2)OtherThanTemporary (3)OtherThanTemporary (4)OtherThanTemporary (5)OtherThanTemporary (6)OtherThanTemporary (7)OtherThanTemporary (8)OtherThanTemporary (9)OtherThanTemporary (10)OtherThanTemporary (11)OtherThanTemporary (12)OtherThanTemporary (13)OtherThanTemporary (14)!iii Enstar Group Limited Employiii Enstar Group Limited (1)iii Enstar Group Limited (2)iii Enstar Group Limited (3)iii Enstar Group Limited (4)iii Enstar Group Limited (5)iii Enstar Group Limited (6)iii Enstar Group Limited (7)iii Enstar Group Limited (8)iii Enstar Group Limited (9) iii Enstar Group Limited (10) iii Enstar Group Limited (11) iii Enstar Group Limited (12) iii Enstar Group Limited (13) iii Enstar Group Limited (14) iii Enstar Group Limited (15)Balance Sheet (1)Income Statemen (1)Cash Flows (1)Summary CompensationBeneficial Ownership!2 Financial Statement Schedules2 Financial Statement (1)2 Financial Statement (2)2 Financial Statement (3)2 Financial Statement (4)2 Financial Statement (5)2 Financial Statement (6)2 Financial Statement (7)2 Financial Statement (8)LISTING OF SUBSIDIARIESLISTING OF SUBS (1)NO TITLE (2)NO TITLE (3)NO TITLE (4)NO TITLE (5)NO TITLE (6)U }}$ }
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Enstar Group LTD10K
03/04/2010>6Net Investment Income and Net Realized Gains/(Losses):
Year Ended December 31,
~
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~
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NO TITLEHamilton HM JXHamilton HM JX (1)!Reserves for Unpaid Losses and Reserves for Unpaid (1)Reserves for Unpaid (2)Reserves for Unpaid (3)Reserves for Unpaid (4)Reserves for Unpaid (5)Reserves for Unpaid (6)General A038E Exposures!Investment Committee and Invest
EquitiesEquities (1)Equities (2)!Minimum Solvency Margin and ResMinimum Solvency Margin (1)!Conducting Insurance Business iCapital Releases RiskBased Capital RequirementsRiskBased Capital (1)Credit for Reinsurance!Our past and future acquisition!Fluctuations in the reinsurance!Our stock price may experience !Changes in US federal income taChanges in US federal (1)!COMPARISON OF 5 YEAR CUMULATIVECOMPARISON OF 5 YEAR (1)COMPARISON OF 5 YEAR (2)NO TITLE (1)COMPARISON OF 5 YEAR (3)!Net reduction in ultimate loss !Loss and Loss Adjustment ExpensLoss and Loss Adjustment (1)!Annual Loss and Loss Adjustment
Latent Claims!2 35 Billion Ultimate Industry 2 35 Billion Ultimate (1)2 35 Billion Ultimate (2)Fixed Maturity InvestmentsFixed Maturity (1)Fixed Maturity (2)!Net Investment Income and Net R Net Investment Income and (1) Net Investment Income and (2) Net Investment Income and (3) Net Investment Income and (4) Net Investment Income and (5) Net Investment Income and (6) Net Investment Income and (7) Net Investment Income and (8) Net Investment Income and (9)!Net Investment Income and (10)!Net Investment Income and (11)!Net Investment Income and (12)!Net Investment Income and (13)!Net Investment Income and (15)!Net Investment Income and (16)!Net Investment Income and (17)!Net Investment Income and (18)!Net Investment Income and (19)!Net Investment Income and (20)!Net Investment Income and (21)!Net Investment Income and (22)!Net Investment Income and (23)!Net Investment Income and (24)Reinsurance RecoverablesReinsurance Rec (1)!Aggregate Contractual Obligatio!of Investments Classified as Tr of Investments Classified (1) of Investments Classified (2) of Investments Classified (3)
Balance SheetIncome Statement of Investments Classified (4)Shareholders Equity
Cash Flows
EGI and BHEGI and BH (1)EGI and BH (2)EGI and BH (3)EGI and BH (4)EGI and BH (5)EGI and BH (6)EGI and BH (7)EGI and BH (8)EGI and BH (9)EGI and BH (10)EGI and BH (11)EGI and BH (12)EGI and BH (13)EGI and BH (14)EGI and BH (15)EGI and BH (16)EGI and BH (17)EGI and BH (18)EGI and BH (19)EGI and BH (20)EGI and BH (21)EGI and BH (22)EGI and BH (23)Constellation ReinsuranceConstellation R (1)Constellation R (2)Constellation R (3)Constellation R (4)Constellation R (5)Constellation R (6)Constellation R (7)Constellation R (8)Constellation R (9)Constellation R (10)Constellation R (11)Constellation R (12)Constellation R (13)Constellation R (14)Constellation R (15)Constellation R (16)Constellation R (17)Constellation R (18)!OtherThanTemporary Impairment POtherThanTemporary (1)OtherThanTemporary (2)OtherThanTemporary (3)OtherThanTemporary (4)OtherThanTemporary (5)OtherThanTemporary (6)OtherThanTemporary (7)OtherThanTemporary (8)OtherThanTemporary (9)OtherThanTemporary (10)OtherThanTemporary (11)OtherThanTemporary (12)OtherThanTemporary (13)OtherThanTemporary (14)!iii Enstar Group Limited Employiii Enstar Group Limited (1)iii Enstar Group Limited (2)iii Enstar Group Limited (3)iii Enstar Group Limited (4)iii Enstar Group Limited (5)iii Enstar Group Limited (6)iii Enstar Group Limited (7)iii Enstar Group Limited (8)iii Enstar Group Limited (9) iii Enstar Group Limited (10) iii Enstar Group Limited (11) iii Enstar Group Limited (12) iii Enstar Group Limited (13) iii Enstar Group Limited (14) iii Enstar Group Limited (15)Balance Sheet (1)Income Statemen (1)Cash Flows (1)Summary CompensationBeneficial Ownership!2 Financial Statement Schedules2 Financial Statement (1)2 Financial Statement (2)2 Financial Statement (3)2 Financial Statement (4)2 Financial Statement (5)2 Financial Statement (6)2 Financial Statement (7)2 Financial Statement (8)LISTING OF SUBSIDIARIESLISTING OF SUBS (1)NO TITLE (2)NO TITLE (3)NO TITLE (4)NO TITLE (5)NO TITLE (6)U }}$ }}$ }}
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Enstar Group LTD10K
03/04/2010>6Net Investment Income and Net Realized (Losses) Gains:
Year Ended December 31,
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(Losses) Gains
~
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EquitiesEquities (1)Equities (2)!Minimum Solvency Margin and ResMinimum Solvency Margin (1)!Conducting Insurance Business iCapital Releases RiskBased Capital RequirementsRiskBased Capital (1)Credit for Reinsurance!Our past and future acquisition!Fluctuations in the reinsurance!Our stock price may experience !Changes in US federal income taChanges in US federal (1)!COMPARISON OF 5 YEAR CUMULATIVECOMPARISON OF 5 YEAR (1)COMPARISON OF 5 YEAR (2)NO TITLE (1)COMPARISON OF 5 YEAR (3)!Net reduction in ultimate loss !Loss and Loss Adjustment ExpensLoss and Loss Adjustment (1)!Annual Loss and Loss Adjustment
Latent Claims!2 35 Billion Ultimate Industry 2 35 Billion Ultimate (1)2 35 Billion Ultimate (2)Fixed Maturity InvestmentsFixed Maturity (1)Fixed Maturity (2)!Net Investment Income and Net R Net Investment Income and (1) Net Investment Income and (2) Net Investment Income and (3) Net Investment Income and (4) Net Investment Income and (5) Net Investment Income and (6) Net Investment Income and (7) Net Investment Income and (8) Net Investment Income and (9)!Net Investment Income and (10)!Net Investment Income and (11)!Net Investment Income and (12)!Net Investment Income and (13)!Net Investment Income and (14)!Net Investment Income and (16)!Net Investment Income and (17)!Net Investment Income and (18)!Net Investment Income and (19)!Net Investment Income and (20)!Net Investment Income and (21)!Net Investment Income and (22)!Net Investment Income and (23)!Net Investment Income and (24)Reinsurance RecoverablesReinsurance Rec (1)!Aggregate Contractual Obligatio!of Investments Classified as Tr of Investments Classified (1) of Investments Classified (2) of Investments Classified (3)
Balance SheetIncome Statement of Investments Classified (4)Shareholders Equity
Cash Flows
EGI and BHEGI and BH (1)EGI and BH (2)EGI and BH (3)EGI and BH (4)EGI and BH (5)EGI and BH (6)EGI and BH (7)EGI and BH (8)EGI and BH (9)EGI and BH (10)EGI and BH (11)EGI and BH (12)EGI and BH (13)EGI and BH (14)EGI and BH (15)EGI and BH (16)EGI and BH (17)EGI and BH (18)EGI and BH (19)EGI and BH (20)EGI and BH (21)EGI and BH (22)EGI and BH (23)Constellation ReinsuranceConstellation R (1)Constellation R (2)Constellation R (3)Constellation R (4)Constellation R (5)Constellation R (6)Constellation R (7)Constellation R (8)Constellation R (9)Constellation R (10)Constellation R (11)Constellation R (12)Constellation R (13)Constellation R (14)Constellation R (15)Constellation R (16)Constellation R (17)Constellation R (18)!OtherThanTemporary Impairment POtherThanTemporary (1)OtherThanTemporary (2)OtherThanTemporary (3)OtherThanTemporary (4)OtherThanTemporary (5)OtherThanTemporary (6)OtherThanTemporary (7)OtherThanTemporary (8)OtherThanTemporary (9)OtherThanTemporary (10)OtherThanTemporary (11)OtherThanTemporary (12)OtherThanTemporary (13)OtherThanTemporary (14)!iii Enstar Group Limited Employiii Enstar Group Limited (1)iii Enstar Group Limited (2)iii Enstar Group Limited (3)iii Enstar Group Limited (4)iii Enstar Group Limited (5)iii Enstar Group Limited (6)iii Enstar Group Limited (7)iii Enstar Group Limited (8)iii Enstar Group Limited (9) iii Enstar Group Limited (10) iii Enstar Group Limited (11) iii Enstar Group Limited (12) iii Enstar Group Limited (13) iii Enstar Group Limited (14) iii Enstar Group Limited (15)Balance Sheet (1)Income Statemen (1)Cash Flows (1)Summary CompensationBeneficial Ownership!2 Financial Statement Schedules2 Financial Statement (1)2 Financial Statement (2)2 Financial Statement (3)2 Financial Statement (4)2 Financial Statement (5)2 Financial Statement (6)2 Financial Statement (7)2 Financial Statement (8)LISTING OF SUBSIDIARIESLISTING OF SUBS (1)NO TITLE (2)NO TITLE (3)NO TITLE (4)NO TITLE (5)NO TITLE (6)U }a/}$ }
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Enstar Group LTD10K
03/04/2010>6Net Investment Income and Net Realized (Losses) Gains: Year Ended December 31,
~
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Latent Claims!2 35 Billion Ultimate Industry 2 35 Billion Ultimate (1)2 35 Billion Ultimate (2)Fixed Maturity InvestmentsFixed Maturity (1)Fixed Maturity (2)!Net Investment Income and Net R Net Investment Income and (1) Net Investment Income and (2) Net Investment Income and (3) Net Investment Income and (4) Net Investment Income and (5) Net Investment Income and (6) Net Investment Income and (7) Net Investment Income and (8) Net Investment Income and (9)!Net Investment Income and (10)!Net Investment Income and (11)!Net Investment Income and (12)!Net Investment Income and (13)!Net Investment Income and (14)!Net Investment Income and (15)!Net Investment Income and (17)!Net Investment Income and (18)!Net Investment Income and (19)!Net Investment Income and (20)!Net Investment Income and (21)!Net Investment Income and (22)!Net Investment Income and (23)!Net Investment Income and (24)Reinsurance RecoverablesReinsurance Rec (1)!Aggregate Contractual Obligatio!of Investments Classified as Tr of Investments Classified (1) of Investments Classified (2) of Investments Classified (3)
Balance SheetIncome Statement of Investments Classified (4)Shareholders Equity
Cash Flows
EGI and BHEGI and BH (1)EGI and BH (2)EGI and BH (3)EGI and BH (4)EGI and BH (5)EGI and BH (6)EGI and BH (7)EGI and BH (8)EGI and BH (9)EGI and BH (10)EGI and BH (11)EGI and BH (12)EGI and BH (13)EGI and BH (14)EGI and BH (15)EGI and BH (16)EGI and BH (17)EGI and BH (18)EGI and BH (19)EGI and BH (20)EGI and BH (21)EGI and BH (22)EGI and BH (23)Constellation ReinsuranceConstellation R (1)Constellation R (2)Constellation R (3)Constellation R (4)Constellation R (5)Constellation R (6)Constellation R (7)Constellation R (8)Constellation R (9)Constellation R (10)Constellation R (11)Constellation R (12)Constellation R (13)Constellation R (14)Constellation R (15)Constellation R (16)Constellation R (17)Constellation R (18)!OtherThanTemporary Impairment POtherThanTemporary (1)OtherThanTemporary (2)OtherThanTemporary (3)OtherThanTemporary (4)OtherThanTemporary (5)OtherThanTemporary (6)OtherThanTemporary (7)OtherThanTemporary (8)OtherThanTemporary (9)OtherThanTemporary (10)OtherThanTemporary (11)OtherThanTemporary (12)OtherThanTemporary (13)OtherThanTemporary (14)!iii Enstar Group Limited Employiii Enstar Group Limited (1)iii Enstar Group Limited (2)iii Enstar Group Limited (3)iii Enstar Group Limited (4)iii Enstar Group Limited (5)iii Enstar Group Limited (6)iii Enstar Group Limited (7)iii Enstar Group Limited (8)iii Enstar Group Limited (9) iii Enstar Group Limited (10) iii Enstar Group Limited (11) iii Enstar Group Limited (12) iii Enstar Group Limited (13) iii Enstar Group Limited (14) iii Enstar Group Limited (15)Balance Sheet (1)Income Statemen (1)Cash Flows (1)Summary CompensationBeneficial Ownership!2 Financial Statement Schedules2 Financial Statement (1)2 Financial Statement (2)2 Financial Statement (3)2 Financial Statement (4)2 Financial Statement (5)2 Financial Statement (6)2 Financial Statement (7)2 Financial Statement (8)LISTING OF SUBSIDIARIESLISTING OF SUBS (1)NO TITLE (2)NO TITLE (3)NO TITLE (4)NO TITLE (5)NO TITLE (6)U }1}$ }
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03/04/2010>6Net Investment Income and Net Realized (Losses) Gains: Year Ended December 31,
~
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~
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EquitiesEquities (1)Equities (2)!Minimum Solvency Margin and ResMinimum Solvency Margin (1)!Conducting Insurance Business iCapital Releases RiskBased Capital RequirementsRiskBased Capital (1)Credit for Reinsurance!Our past and future acquisition!Fluctuations in the reinsurance!Our stock price may experience !Changes in US federal income taChanges in US federal (1)!COMPARISON OF 5 YEAR CUMULATIVECOMPARISON OF 5 YEAR (1)COMPARISON OF 5 YEAR (2)NO TITLE (1)COMPARISON OF 5 YEAR (3)!Net reduction in ultimate loss !Loss and Loss Adjustment ExpensLoss and Loss Adjustment (1)!Annual Loss and Loss Adjustment
Latent Claims!2 35 Billion Ultimate Industry 2 35 Billion Ultimate (1)2 35 Billion Ultimate (2)Fixed Maturity InvestmentsFixed Maturity (1)Fixed Maturity (2)!Net Investment Income and Net R Net Investment Income and (1) Net Investment Income and (2) Net Investment Income and (3) Net Investment Income and (4) Net Investment Income and (5) Net Investment Income and (6) Net Investment Income and (7) Net Investment Income and (8) Net Investment Income and (9)!Net Investment Income and (10)!Net Investment Income and (11)!Net Investment Income and (12)!Net Investment Income and (13)!Net Investment Income and (14)!Net Investment Income and (15)!Net Investment Income and (16)!Net Investment Income and (18)!Net Investment Income and (19)!Net Investment Income and (20)!Net Investment Income and (21)!Net Investment Income and (22)!Net Investment Income and (23)!Net Investment Income and (24)Reinsurance RecoverablesReinsurance Rec (1)!Aggregate Contractual Obligatio!of Investments Classified as Tr of Investments Classified (1) of Investments Classified (2) of Investments Classified (3)
Balance SheetIncome Statement of Investments Classified (4)Shareholders Equity
Cash Flows
EGI and BHEGI and BH (1)EGI and BH (2)EGI and BH (3)EGI and BH (4)EGI and BH (5)EGI and BH (6)EGI and BH (7)EGI and BH (8)EGI and BH (9)EGI and BH (10)EGI and BH (11)EGI and BH (12)EGI and BH (13)EGI and BH (14)EGI and BH (15)EGI and BH (16)EGI and BH (17)EGI and BH (18)EGI and BH (19)EGI and BH (20)EGI and BH (21)EGI and BH (22)EGI and BH (23)Constellation ReinsuranceConstellation R (1)Constellation R (2)Constellation R (3)Constellation R (4)Constellation R (5)Constellation R (6)Constellation R (7)Constellation R (8)Constellation R (9)Constellation R (10)Constellation R (11)Constellation R (12)Constellation R (13)Constellation R (14)Constellation R (15)Constellation R (16)Constellation R (17)Constellation R (18)!OtherThanTemporary Impairment POtherThanTemporary (1)OtherThanTemporary (2)OtherThanTemporary (3)OtherThanTemporary (4)OtherThanTemporary (5)OtherThanTemporary (6)OtherThanTemporary (7)OtherThanTemporary (8)OtherThanTemporary (9)OtherThanTemporary (10)OtherThanTemporary (11)OtherThanTemporary (12)OtherThanTemporary (13)OtherThanTemporary (14)!iii Enstar Group Limited Employiii Enstar Group Limited (1)iii Enstar Group Limited (2)iii Enstar Group Limited (3)iii Enstar Group Limited (4)iii Enstar Group Limited (5)iii Enstar Group Limited (6)iii Enstar Group Limited (7)iii Enstar Group Limited (8)iii Enstar Group Limited (9) iii Enstar Group Limited (10) iii Enstar Group Limited (11) iii Enstar Group Limited (12) iii Enstar Group Limited (13) iii Enstar Group Limited (14) iii Enstar Group Limited (15)Balance Sheet (1)Income Statemen (1)Cash Flows (1)Summary CompensationBeneficial Ownership!2 Financial Statement Schedules2 Financial Statement (1)2 Financial Statement (2)2 Financial Statement (3)2 Financial Statement (4)2 Financial Statement (5)2 Financial Statement (6)2 Financial Statement (7)2 Financial Statement (8)LISTING OF SUBSIDIARIESLISTING OF SUBS (1)NO TITLE (2)NO TITLE (3)NO TITLE (4)NO TITLE (5)NO TITLE (6)U }}$ }}$ }}
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03/04/2010>6Net Investment Income and Net Realized (Losses) Gains:
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~
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NO TITLEHamilton HM JXHamilton HM JX (1)!Reserves for Unpaid Losses and Reserves for Unpaid (1)Reserves for Unpaid (2)Reserves for Unpaid (3)Reserves for Unpaid (4)Reserves for Unpaid (5)Reserves for Unpaid (6)General A038E Exposures!Investment Committee and Invest
EquitiesEquities (1)Equities (2)!Minimum Solvency Margin and ResMinimum Solvency Margin (1)!Conducting Insurance Business iCapital Releases RiskBased Capital RequirementsRiskBased Capital (1)Credit for Reinsurance!Our past and future acquisition!Fluctuations in the reinsurance!Our stock price may experience !Changes in US federal income taChanges in US federal (1)!COMPARISON OF 5 YEAR CUMULATIVECOMPARISON OF 5 YEAR (1)COMPARISON OF 5 YEAR (2)NO TITLE (1)COMPARISON OF 5 YEAR (3)!Net reduction in ultimate loss !Loss and Loss Adjustment ExpensLoss and Loss Adjustment (1)!Annual Loss and Loss Adjustment
Latent Claims!2 35 Billion Ultimate Industry 2 35 Billion Ultimate (1)2 35 Billion Ultimate (2)Fixed Maturity InvestmentsFixed Maturity (1)Fixed Maturity (2)!Net Investment Income and Net R Net Investment Income and (1) Net Investment Income and (2) Net Investment Income and (3) Net Investment Income and (4) Net Investment Income and (5) Net Investment Income and (6) Net Investment Income and (7) Net Investment Income and (8) Net Investment Income and (9)!Net Investment Income and (10)!Net Investment Income and (11)!Net Investment Income and (12)!Net Investment Income and (13)!Net Investment Income and (14)!Net Investment Income and (15)!Net Investment Income and (16)!Net Investment Income and (17)!Net Investment Income and (19)!Net Investment Income and (20)!Net Investment Income and (21)!Net Investment Income and (22)!Net Investment Income and (23)!Net Investment Income and (24)Reinsurance RecoverablesReinsurance Rec (1)!Aggregate Contractual Obligatio!of Investments Classified as Tr of Investments Classified (1) of Investments Classified (2) of Investments Classified (3)
Balance SheetIncome Statement of Investments Classified (4)Shareholders Equity
Cash Flows
EGI and BHEGI and BH (1)EGI and BH (2)EGI and BH (3)EGI and BH (4)EGI and BH (5)EGI and BH (6)EGI and BH (7)EGI and BH (8)EGI and BH (9)EGI and BH (10)EGI and BH (11)EGI and BH (12)EGI and BH (13)EGI and BH (14)EGI and BH (15)EGI and BH (16)EGI and BH (17)EGI and BH (18)EGI and BH (19)EGI and BH (20)EGI and BH (21)EGI and BH (22)EGI and BH (23)Constellation ReinsuranceConstellation R (1)Constellation R (2)Constellation R (3)Constellation R (4)Constellation R (5)Constellation R (6)Constellation R (7)Constellation R (8)Constellation R (9)Constellation R (10)Constellation R (11)Constellation R (12)Constellation R (13)Constellation R (14)Constellation R (15)Constellation R (16)Constellation R (17)Constellation R (18)!OtherThanTemporary Impairment POtherThanTemporary (1)OtherThanTemporary (2)OtherThanTemporary (3)OtherThanTemporary (4)OtherThanTemporary (5)OtherThanTemporary (6)OtherThanTemporary (7)OtherThanTemporary (8)OtherThanTemporary (9)OtherThanTemporary (10)OtherThanTemporary (11)OtherThanTemporary (12)OtherThanTemporary (13)OtherThanTemporary (14)!iii Enstar Group Limited Employiii Enstar Group Limited (1)iii Enstar Group Limited (2)iii Enstar Group Limited (3)iii Enstar Group Limited (4)iii Enstar Group Limited (5)iii Enstar Group Limited (6)iii Enstar Group Limited (7)iii Enstar Group Limited (8)iii Enstar Group Limited (9) iii Enstar Group Limited (10) iii Enstar Group Limited (11) iii Enstar Group Limited (12) iii Enstar Group Limited (13) iii Enstar Group Limited (14) iii Enstar Group Limited (15)Balance Sheet (1)Income Statemen (1)Cash Flows (1)Summary CompensationBeneficial Ownership!2 Financial Statement Schedules2 Financial Statement (1)2 Financial Statement (2)2 Financial Statement (3)2 Financial Statement (4)2 Financial Statement (5)2 Financial Statement (6)2 Financial Statement (7)2 Financial Statement (8)LISTING OF SUBSIDIARIESLISTING OF SUBS (1)NO TITLE (2)NO TITLE (3)NO TITLE (4)NO TITLE (5)NO TITLE (6)U }}$ }}$ }
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Enstar Group LTD10K
03/04/2010>6Net Investment Income and Net Realized (Losses) Gains:
Year Ended December 31,
~
b
~
^
Variance
&(in thousands of U.S. dollars)
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~
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RU
~
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~
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NO TITLEHamilton HM JXHamilton HM JX (1)!Reserves for Unpaid Losses and Reserves for Unpaid (1)Reserves for Unpaid (2)Reserves for Unpaid (3)Reserves for Unpaid (4)Reserves for Unpaid (5)Reserves for Unpaid (6)General A038E Exposures!Investment Committee and Invest
EquitiesEquities (1)Equities (2)!Minimum Solvency Margin and ResMinimum Solvency Margin (1)!Conducting Insurance Business iCapital Releases RiskBased Capital RequirementsRiskBased Capital (1)Credit for Reinsurance!Our past and future acquisition!Fluctuations in the reinsurance!Our stock price may experience !Changes in US federal income taChanges in US federal (1)!COMPARISON OF 5 YEAR CUMULATIVECOMPARISON OF 5 YEAR (1)COMPARISON OF 5 YEAR (2)NO TITLE (1)COMPARISON OF 5 YEAR (3)!Net reduction in ultimate loss !Loss and Loss Adjustment ExpensLoss and Loss Adjustment (1)!Annual Loss and Loss Adjustment
Latent Claims!2 35 Billion Ultimate Industry 2 35 Billion Ultimate (1)2 35 Billion Ultimate (2)Fixed Maturity InvestmentsFixed Maturity (1)Fixed Maturity (2)!Net Investment Income and Net R Net Investment Income and (1) Net Investment Income and (2) Net Investment Income and (3) Net Investment Income and (4) Net Investment Income and (5) Net Investment Income and (6) Net Investment Income and (7) Net Investment Income and (8) Net Investment Income and (9)!Net Investment Income and (10)!Net Investment Income and (11)!Net Investment Income and (12)!Net Investment Income and (13)!Net Investment Income and (14)!Net Investment Income and (15)!Net Investment Income and (16)!Net Investment Income and (17)!Net Investment Income and (18)!Net Investment Income and (20)!Net Investment Income and (21)!Net Investment Income and (22)!Net Investment Income and (23)!Net Investment Income and (24)Reinsurance RecoverablesReinsurance Rec (1)!Aggregate Contractual Obligatio!of Investments Classified as Tr of Investments Classified (1) of Investments Classified (2) of Investments Classified (3)
Balance SheetIncome Statement of Investments Classified (4)Shareholders Equity
Cash Flows
EGI and BHEGI and BH (1)EGI and BH (2)EGI and BH (3)EGI and BH (4)EGI and BH (5)EGI and BH (6)EGI and BH (7)EGI and BH (8)EGI and BH (9)EGI and BH (10)EGI and BH (11)EGI and BH (12)EGI and BH (13)EGI and BH (14)EGI and BH (15)EGI and BH (16)EGI and BH (17)EGI and BH (18)EGI and BH (19)EGI and BH (20)EGI and BH (21)EGI and BH (22)EGI and BH (23)Constellation ReinsuranceConstellation R (1)Constellation R (2)Constellation R (3)Constellation R (4)Constellation R (5)Constellation R (6)Constellation R (7)Constellation R (8)Constellation R (9)Constellation R (10)Constellation R (11)Constellation R (12)Constellation R (13)Constellation R (14)Constellation R (15)Constellation R (16)Constellation R (17)Constellation R (18)!OtherThanTemporary Impairment POtherThanTemporary (1)OtherThanTemporary (2)OtherThanTemporary (3)OtherThanTemporary (4)OtherThanTemporary (5)OtherThanTemporary (6)OtherThanTemporary (7)OtherThanTemporary (8)OtherThanTemporary (9)OtherThanTemporary (10)OtherThanTemporary (11)OtherThanTemporary (12)OtherThanTemporary (13)OtherThanTemporary (14)!iii Enstar Group Limited Employiii Enstar Group Limited (1)iii Enstar Group Limited (2)iii Enstar Group Limited (3)iii Enstar Group Limited (4)iii Enstar Group Limited (5)iii Enstar Group Limited (6)iii Enstar Group Limited (7)iii Enstar Group Limited (8)iii Enstar Group Limited (9) iii Enstar Group Limited (10) iii Enstar Group Limited (11) iii Enstar Group Limited (12) iii Enstar Group Limited (13) iii Enstar Group Limited (14) iii Enstar Group Limited (15)Balance Sheet (1)Income Statemen (1)Cash Flows (1)Summary CompensationBeneficial Ownership!2 Financial Statement Schedules2 Financial Statement (1)2 Financial Statement (2)2 Financial Statement (3)2 Financial Statement (4)2 Financial Statement (5)2 Financial Statement (6)2 Financial Statement (7)2 Financial Statement (8)LISTING OF SUBSIDIARIESLISTING OF SUBS (1)NO TITLE (2)NO TITLE (3)NO TITLE (4)NO TITLE (5)NO TITLE (6)U }}$ }}$ }
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Enstar Group LTD10K
03/04/2010>6Net Investment Income and Net Realized (Losses) Gains:
Year Ended December 31,
~
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~
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Variance
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~
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NO TITLEHamilton HM JXHamilton HM JX (1)!Reserves for Unpaid Losses and Reserves for Unpaid (1)Reserves for Unpaid (2)Reserves for Unpaid (3)Reserves for Unpaid (4)Reserves for Unpaid (5)Reserves for Unpaid (6)General A038E Exposures!Investment Committee and Invest
EquitiesEquities (1)Equities (2)!Minimum Solvency Margin and ResMinimum Solvency Margin (1)!Conducting Insurance Business iCapital Releases RiskBased Capital RequirementsRiskBased Capital (1)Credit for Reinsurance!Our past and future acquisition!Fluctuations in the reinsurance!Our stock price may experience !Changes in US federal income taChanges in US federal (1)!COMPARISON OF 5 YEAR CUMULATIVECOMPARISON OF 5 YEAR (1)COMPARISON OF 5 YEAR (2)NO TITLE (1)COMPARISON OF 5 YEAR (3)!Net reduction in ultimate loss !Loss and Loss Adjustment ExpensLoss and Loss Adjustment (1)!Annual Loss and Loss Adjustment
Latent Claims!2 35 Billion Ultimate Industry 2 35 Billion Ultimate (1)2 35 Billion Ultimate (2)Fixed Maturity InvestmentsFixed Maturity (1)Fixed Maturity (2)!Net Investment Income and Net R Net Investment Income and (1) Net Investment Income and (2) Net Investment Income and (3) Net Investment Income and (4) Net Investment Income and (5) Net Investment Income and (6) Net Investment Income and (7) Net Investment Income and (8) Net Investment Income and (9)!Net Investment Income and (10)!Net Investment Income and (11)!Net Investment Income and (12)!Net Investment Income and (13)!Net Investment Income and (14)!Net Investment Income and (15)!Net Investment Income and (16)!Net Investment Income and (17)!Net Investment Income and (18)!Net Investment Income and (19)!Net Investment Income and (21)!Net Investment Income and (22)!Net Investment Income and (23)!Net Investment Income and (24)Reinsurance RecoverablesReinsurance Rec (1)!Aggregate Contractual Obligatio!of Investments Classified as Tr of Investments Classified (1) of Investments Classified (2) of Investments Classified (3)
Balance SheetIncome Statement of Investments Classified (4)Shareholders Equity
Cash Flows
EGI and BHEGI and BH (1)EGI and BH (2)EGI and BH (3)EGI and BH (4)EGI and BH (5)EGI and BH (6)EGI and BH (7)EGI and BH (8)EGI and BH (9)EGI and BH (10)EGI and BH (11)EGI and BH (12)EGI and BH (13)EGI and BH (14)EGI and BH (15)EGI and BH (16)EGI and BH (17)EGI and BH (18)EGI and BH (19)EGI and BH (20)EGI and BH (21)EGI and BH (22)EGI and BH (23)Constellation ReinsuranceConstellation R (1)Constellation R (2)Constellation R (3)Constellation R (4)Constellation R (5)Constellation R (6)Constellation R (7)Constellation R (8)Constellation R (9)Constellation R (10)Constellation R (11)Constellation R (12)Constellation R (13)Constellation R (14)Constellation R (15)Constellation R (16)Constellation R (17)Constellation R (18)!OtherThanTemporary Impairment POtherThanTemporary (1)OtherThanTemporary (2)OtherThanTemporary (3)OtherThanTemporary (4)OtherThanTemporary (5)OtherThanTemporary (6)OtherThanTemporary (7)OtherThanTemporary (8)OtherThanTemporary (9)OtherThanTemporary (10)OtherThanTemporary (11)OtherThanTemporary (12)OtherThanTemporary (13)OtherThanTemporary (14)!iii Enstar Group Limited Employiii Enstar Group Limited (1)iii Enstar Group Limited (2)iii Enstar Group Limited (3)iii Enstar Group Limited (4)iii Enstar Group Limited (5)iii Enstar Group Limited (6)iii Enstar Group Limited (7)iii Enstar Group Limited (8)iii Enstar Group Limited (9) iii Enstar Group Limited (10) iii Enstar Group Limited (11) iii Enstar Group Limited (12) iii Enstar Group Limited (13) iii Enstar Group Limited (14) iii Enstar Group Limited (15)Balance Sheet (1)Income Statemen (1)Cash Flows (1)Summary CompensationBeneficial Ownership!2 Financial Statement Schedules2 Financial Statement (1)2 Financial Statement (2)2 Financial Statement (3)2 Financial Statement (4)2 Financial Statement (5)2 Financial Statement (6)2 Financial Statement (7)2 Financial Statement (8)LISTING OF SUBSIDIARIESLISTING OF SUBS (1)NO TITLE (2)NO TITLE (3)NO TITLE (4)NO TITLE (5)NO TITLE (6)U }}$ }
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Enstar Group LTD10K
03/04/2010>6Net Investment Income and Net Realized (Losses) Gains:
Year Ended December 31,
~
b
~
^
Variance
&(in thousands of U.S. dollars)
Consulting
~
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NO TITLEHamilton HM JXHamilton HM JX (1)!Reserves for Unpaid Losses and Reserves for Unpaid (1)Reserves for Unpaid (2)Reserves for Unpaid (3)Reserves for Unpaid (4)Reserves for Unpaid (5)Reserves for Unpaid (6)General A038E Exposures!Investment Committee and Invest
EquitiesEquities (1)Equities (2)!Minimum Solvency Margin and ResMinimum Solvency Margin (1)!Conducting Insurance Business iCapital Releases RiskBased Capital RequirementsRiskBased Capital (1)Credit for Reinsurance!Our past and future acquisition!Fluctuations in the reinsurance!Our stock price may experience !Changes in US federal income taChanges in US federal (1)!COMPARISON OF 5 YEAR CUMULATIVECOMPARISON OF 5 YEAR (1)COMPARISON OF 5 YEAR (2)NO TITLE (1)COMPARISON OF 5 YEAR (3)!Net reduction in ultimate loss !Loss and Loss Adjustment ExpensLoss and Loss Adjustment (1)!Annual Loss and Loss Adjustment
Latent Claims!2 35 Billion Ultimate Industry 2 35 Billion Ultimate (1)2 35 Billion Ultimate (2)Fixed Maturity InvestmentsFixed Maturity (1)Fixed Maturity (2)!Net Investment Income and Net R Net Investment Income and (1) Net Investment Income and (2) Net Investment Income and (3) Net Investment Income and (4) Net Investment Income and (5) Net Investment Income and (6) Net Investment Income and (7) Net Investment Income and (8) Net Investment Income and (9)!Net Investment Income and (10)!Net Investment Income and (11)!Net Investment Income and (12)!Net Investment Income and (13)!Net Investment Income and (14)!Net Investment Income and (15)!Net Investment Income and (16)!Net Investment Income and (17)!Net Investment Income and (18)!Net Investment Income and (19)!Net Investment Income and (20)!Net Investment Income and (22)!Net Investment Income and (23)!Net Investment Income and (24)Reinsurance RecoverablesReinsurance Rec (1)!Aggregate Contractual Obligatio!of Investments Classified as Tr of Investments Classified (1) of Investments Classified (2) of Investments Classified (3)
Balance SheetIncome Statement of Investments Classified (4)Shareholders Equity
Cash Flows
EGI and BHEGI and BH (1)EGI and BH (2)EGI and BH (3)EGI and BH (4)EGI and BH (5)EGI and BH (6)EGI and BH (7)EGI and BH (8)EGI and BH (9)EGI and BH (10)EGI and BH (11)EGI and BH (12)EGI and BH (13)EGI and BH (14)EGI and BH (15)EGI and BH (16)EGI and BH (17)EGI and BH (18)EGI and BH (19)EGI and BH (20)EGI and BH (21)EGI and BH (22)EGI and BH (23)Constellation ReinsuranceConstellation R (1)Constellation R (2)Constellation R (3)Constellation R (4)Constellation R (5)Constellation R (6)Constellation R (7)Constellation R (8)Constellation R (9)Constellation R (10)Constellation R (11)Constellation R (12)Constellation R (13)Constellation R (14)Constellation R (15)Constellation R (16)Constellation R (17)Constellation R (18)!OtherThanTemporary Impairment POtherThanTemporary (1)OtherThanTemporary (2)OtherThanTemporary (3)OtherThanTemporary (4)OtherThanTemporary (5)OtherThanTemporary (6)OtherThanTemporary (7)OtherThanTemporary (8)OtherThanTemporary (9)OtherThanTemporary (10)OtherThanTemporary (11)OtherThanTemporary (12)OtherThanTemporary (13)OtherThanTemporary (14)!iii Enstar Group Limited Employiii Enstar Group Limited (1)iii Enstar Group Limited (2)iii Enstar Group Limited (3)iii Enstar Group Limited (4)iii Enstar Group Limited (5)iii Enstar Group Limited (6)iii Enstar Group Limited (7)iii Enstar Group Limited (8)iii Enstar Group Limited (9) iii Enstar Group Limited (10) iii Enstar Group Limited (11) iii Enstar Group Limited (12) iii Enstar Group Limited (13) iii Enstar Group Limited (14) iii Enstar Group Limited (15)Balance Sheet (1)Income Statemen (1)Cash Flows (1)Summary CompensationBeneficial Ownership!2 Financial Statement Schedules2 Financial Statement (1)2 Financial Statement (2)2 Financial Statement (3)2 Financial Statement (4)2 Financial Statement (5)2 Financial Statement (6)2 Financial Statement (7)2 Financial Statement (8)LISTING OF SUBSIDIARIESLISTING OF SUBS (1)NO TITLE (2)NO TITLE (3)NO TITLE (4)NO TITLE (5)NO TITLE (6)U }I;}$ }
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Enstar Group LTD10K
03/04/2010>6Net Investment Income and Net Realized (Losses) Gains: $ Year Ended December 31, 2008
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NO TITLEHamilton HM JXHamilton HM JX (1)!Reserves for Unpaid Losses and Reserves for Unpaid (1)Reserves for Unpaid (2)Reserves for Unpaid (3)Reserves for Unpaid (4)Reserves for Unpaid (5)Reserves for Unpaid (6)General A038E Exposures!Investment Committee and Invest
EquitiesEquities (1)Equities (2)!Minimum Solvency Margin and ResMinimum Solvency Margin (1)!Conducting Insurance Business iCapital Releases RiskBased Capital RequirementsRiskBased Capital (1)Credit for Reinsurance!Our past and future acquisition!Fluctuations in the reinsurance!Our stock price may experience !Changes in US federal income taChanges in US federal (1)!COMPARISON OF 5 YEAR CUMULATIVECOMPARISON OF 5 YEAR (1)COMPARISON OF 5 YEAR (2)NO TITLE (1)COMPARISON OF 5 YEAR (3)!Net reduction in ultimate loss !Loss and Loss Adjustment ExpensLoss and Loss Adjustment (1)!Annual Loss and Loss Adjustment
Latent Claims!2 35 Billion Ultimate Industry 2 35 Billion Ultimate (1)2 35 Billion Ultimate (2)Fixed Maturity InvestmentsFixed Maturity (1)Fixed Maturity (2)!Net Investment Income and Net R Net Investment Income and (1) Net Investment Income and (2) Net Investment Income and (3) Net Investment Income and (4) Net Investment Income and (5) Net Investment Income and (6) Net Investment Income and (7) Net Investment Income and (8) Net Investment Income and (9)!Net Investment Income and (10)!Net Investment Income and (11)!Net Investment Income and (12)!Net Investment Income and (13)!Net Investment Income and (14)!Net Investment Income and (15)!Net Investment Income and (16)!Net Investment Income and (17)!Net Investment Income and (18)!Net Investment Income and (19)!Net Investment Income and (20)!Net Investment Income and (21)!Net Investment Income and (23)!Net Investment Income and (24)Reinsurance RecoverablesReinsurance Rec (1)!Aggregate Contractual Obligatio!of Investments Classified as Tr of Investments Classified (1) of Investments Classified (2) of Investments Classified (3)
Balance SheetIncome Statement of Investments Classified (4)Shareholders Equity
Cash Flows
EGI and BHEGI and BH (1)EGI and BH (2)EGI and BH (3)EGI and BH (4)EGI and BH (5)EGI and BH (6)EGI and BH (7)EGI and BH (8)EGI and BH (9)EGI and BH (10)EGI and BH (11)EGI and BH (12)EGI and BH (13)EGI and BH (14)EGI and BH (15)EGI and BH (16)EGI and BH (17)EGI and BH (18)EGI and BH (19)EGI and BH (20)EGI and BH (21)EGI and BH (22)EGI and BH (23)Constellation ReinsuranceConstellation R (1)Constellation R (2)Constellation R (3)Constellation R (4)Constellation R (5)Constellation R (6)Constellation R (7)Constellation R (8)Constellation R (9)Constellation R (10)Constellation R (11)Constellation R (12)Constellation R (13)Constellation R (14)Constellation R (15)Constellation R (16)Constellation R (17)Constellation R (18)!OtherThanTemporary Impairment POtherThanTemporary (1)OtherThanTemporary (2)OtherThanTemporary (3)OtherThanTemporary (4)OtherThanTemporary (5)OtherThanTemporary (6)OtherThanTemporary (7)OtherThanTemporary (8)OtherThanTemporary (9)OtherThanTemporary (10)OtherThanTemporary (11)OtherThanTemporary (12)OtherThanTemporary (13)OtherThanTemporary (14)!iii Enstar Group Limited Employiii Enstar Group Limited (1)iii Enstar Group Limited (2)iii Enstar Group Limited (3)iii Enstar Group Limited (4)iii Enstar Group Limited (5)iii Enstar Group Limited (6)iii Enstar Group Limited (7)iii Enstar Group Limited (8)iii Enstar Group Limited (9) iii Enstar Group Limited (10) iii Enstar Group Limited (11) iii Enstar Group Limited (12) iii Enstar Group Limited (13) iii Enstar Group Limited (14) iii Enstar Group Limited (15)Balance Sheet (1)Income Statemen (1)Cash Flows (1)Summary CompensationBeneficial Ownership!2 Financial Statement Schedules2 Financial Statement (1)2 Financial Statement (2)2 Financial Statement (3)2 Financial Statement (4)2 Financial Statement (5)2 Financial Statement (6)2 Financial Statement (7)2 Financial Statement (8)LISTING OF SUBSIDIARIESLISTING OF SUBS (1)NO TITLE (2)NO TITLE (3)NO TITLE (4)NO TITLE (5)NO TITLE (6)U }}$ }
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Enstar Group LTD10K
03/04/2010>6Net Investment Income and Net Realized (Losses) Gains:
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NO TITLEHamilton HM JXHamilton HM JX (1)!Reserves for Unpaid Losses and Reserves for Unpaid (1)Reserves for Unpaid (2)Reserves for Unpaid (3)Reserves for Unpaid (4)Reserves for Unpaid (5)Reserves for Unpaid (6)General A038E Exposures!Investment Committee and Invest
EquitiesEquities (1)Equities (2)!Minimum Solvency Margin and ResMinimum Solvency Margin (1)!Conducting Insurance Business iCapital Releases RiskBased Capital RequirementsRiskBased Capital (1)Credit for Reinsurance!Our past and future acquisition!Fluctuations in the reinsurance!Our stock price may experience !Changes in US federal income taChanges in US federal (1)!COMPARISON OF 5 YEAR CUMULATIVECOMPARISON OF 5 YEAR (1)COMPARISON OF 5 YEAR (2)NO TITLE (1)COMPARISON OF 5 YEAR (3)!Net reduction in ultimate loss !Loss and Loss Adjustment ExpensLoss and Loss Adjustment (1)!Annual Loss and Loss Adjustment
Latent Claims!2 35 Billion Ultimate Industry 2 35 Billion Ultimate (1)2 35 Billion Ultimate (2)Fixed Maturity InvestmentsFixed Maturity (1)Fixed Maturity (2)!Net Investment Income and Net R Net Investment Income and (1) Net Investment Income and (2) Net Investment Income and (3) Net Investment Income and (4) Net Investment Income and (5) Net Investment Income and (6) Net Investment Income and (7) Net Investment Income and (8) Net Investment Income and (9)!Net Investment Income and (10)!Net Investment Income and (11)!Net Investment Income and (12)!Net Investment Income and (13)!Net Investment Income and (14)!Net Investment Income and (15)!Net Investment Income and (16)!Net Investment Income and (17)!Net Investment Income and (18)!Net Investment Income and (19)!Net Investment Income and (20)!Net Investment Income and (21)!Net Investment Income and (22)!Net Investment Income and (24)Reinsurance RecoverablesReinsurance Rec (1)!Aggregate Contractual Obligatio!of Investments Classified as Tr of Investments Classified (1) of Investments Classified (2) of Investments Classified (3)
Balance SheetIncome Statement of Investments Classified (4)Shareholders Equity
Cash Flows
EGI and BHEGI and BH (1)EGI and BH (2)EGI and BH (3)EGI and BH (4)EGI and BH (5)EGI and BH (6)EGI and BH (7)EGI and BH (8)EGI and BH (9)EGI and BH (10)EGI and BH (11)EGI and BH (12)EGI and BH (13)EGI and BH (14)EGI and BH (15)EGI and BH (16)EGI and BH (17)EGI and BH (18)EGI and BH (19)EGI and BH (20)EGI and BH (21)EGI and BH (22)EGI and BH (23)Constellation ReinsuranceConstellation R (1)Constellation R (2)Constellation R (3)Constellation R (4)Constellation R (5)Constellation R (6)Constellation R (7)Constellation R (8)Constellation R (9)Constellation R (10)Constellation R (11)Constellation R (12)Constellation R (13)Constellation R (14)Constellation R (15)Constellation R (16)Constellation R (17)Constellation R (18)!OtherThanTemporary Impairment POtherThanTemporary (1)OtherThanTemporary (2)OtherThanTemporary (3)OtherThanTemporary (4)OtherThanTemporary (5)OtherThanTemporary (6)OtherThanTemporary (7)OtherThanTemporary (8)OtherThanTemporary (9)OtherThanTemporary (10)OtherThanTemporary (11)OtherThanTemporary (12)OtherThanTemporary (13)OtherThanTemporary (14)!iii Enstar Group Limited Employiii Enstar Group Limited (1)iii Enstar Group Limited (2)iii Enstar Group Limited (3)iii Enstar Group Limited (4)iii Enstar Group Limited (5)iii Enstar Group Limited (6)iii Enstar Group Limited (7)iii Enstar Group Limited (8)iii Enstar Group Limited (9) iii Enstar Group Limited (10) iii Enstar Group Limited (11) iii Enstar Group Limited (12) iii Enstar Group Limited (13) iii Enstar Group Limited (14) iii Enstar Group Limited (15)Balance Sheet (1)Income Statemen (1)Cash Flows (1)Summary CompensationBeneficial Ownership!2 Financial Statement Schedules2 Financial Statement (1)2 Financial Statement (2)2 Financial Statement (3)2 Financial Statement (4)2 Financial Statement (5)2 Financial Statement (6)2 Financial Statement (7)2 Financial Statement (8)LISTING OF SUBSIDIARIESLISTING OF SUBS (1)NO TITLE (2)NO TITLE (3)NO TITLE (4)NO TITLE (5)NO TITLE (6)U }}$ }
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Enstar Group LTD10K
03/04/2010>6Net Investment Income and Net Realized (Losses) Gains:
Year Ended December 31,
~
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~
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~
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NO TITLEHamilton HM JXHamilton HM JX (1)!Reserves for Unpaid Losses and Reserves for Unpaid (1)Reserves for Unpaid (2)Reserves for Unpaid (3)Reserves for Unpaid (4)Reserves for Unpaid (5)Reserves for Unpaid (6)General A038E Exposures!Investment Committee and Invest
EquitiesEquities (1)Equities (2)!Minimum Solvency Margin and ResMinimum Solvency Margin (1)!Conducting Insurance Business iCapital Releases RiskBased Capital RequirementsRiskBased Capital (1)Credit for Reinsurance!Our past and future acquisition!Fluctuations in the reinsurance!Our stock price may experience !Changes in US federal income taChanges in US federal (1)!COMPARISON OF 5 YEAR CUMULATIVECOMPARISON OF 5 YEAR (1)COMPARISON OF 5 YEAR (2)NO TITLE (1)COMPARISON OF 5 YEAR (3)!Net reduction in ultimate loss !Loss and Loss Adjustment ExpensLoss and Loss Adjustment (1)!Annual Loss and Loss Adjustment
Latent Claims!2 35 Billion Ultimate Industry 2 35 Billion Ultimate (1)2 35 Billion Ultimate (2)Fixed Maturity InvestmentsFixed Maturity (1)Fixed Maturity (2)!Net Investment Income and Net R Net Investment Income and (1) Net Investment Income and (2) Net Investment Income and (3) Net Investment Income and (4) Net Investment Income and (5) Net Investment Income and (6) Net Investment Income and (7) Net Investment Income and (8) Net Investment Income and (9)!Net Investment Income and (10)!Net Investment Income and (11)!Net Investment Income and (12)!Net Investment Income and (13)!Net Investment Income and (14)!Net Investment Income and (15)!Net Investment Income and (16)!Net Investment Income and (17)!Net Investment Income and (18)!Net Investment Income and (19)!Net Investment Income and (20)!Net Investment Income and (21)!Net Investment Income and (22)!Net Investment Income and (23)Reinsurance RecoverablesReinsurance Rec (1)!Aggregate Contractual Obligatio!of Investments Classified as Tr of Investments Classified (1) of Investments Classified (2) of Investments Classified (3)
Balance SheetIncome Statement of Investments Classified (4)Shareholders Equity
Cash Flows
EGI and BHEGI and BH (1)EGI and BH (2)EGI and BH (3)EGI and BH (4)EGI and BH (5)EGI and BH (6)EGI and BH (7)EGI and BH (8)EGI and BH (9)EGI and BH (10)EGI and BH (11)EGI and BH (12)EGI and BH (13)EGI and BH (14)EGI and BH (15)EGI and BH (16)EGI and BH (17)EGI and BH (18)EGI and BH (19)EGI and BH (20)EGI and BH (21)EGI and BH (22)EGI and BH (23)Constellation ReinsuranceConstellation R (1)Constellation R (2)Constellation R (3)Constellation R (4)Constellation R (5)Constellation R (6)Constellation R (7)Constellation R (8)Constellation R (9)Constellation R (10)Constellation R (11)Constellation R (12)Constellation R (13)Constellation R (14)Constellation R (15)Constellation R (16)Constellation R (17)Constellation R (18)!OtherThanTemporary Impairment POtherThanTemporary (1)OtherThanTemporary (2)OtherThanTemporary (3)OtherThanTemporary (4)OtherThanTemporary (5)OtherThanTemporary (6)OtherThanTemporary (7)OtherThanTemporary (8)OtherThanTemporary (9)OtherThanTemporary (10)OtherThanTemporary (11)OtherThanTemporary (12)OtherThanTemporary (13)OtherThanTemporary (14)!iii Enstar Group Limited Employiii Enstar Group Limited (1)iii Enstar Group Limited (2)iii Enstar Group Limited (3)iii Enstar Group Limited (4)iii Enstar Group Limited (5)iii Enstar Group Limited (6)iii Enstar Group Limited (7)iii Enstar Group Limited (8)iii Enstar Group Limited (9) iii Enstar Group Limited (10) iii Enstar Group Limited (11) iii Enstar Group Limited (12) iii Enstar Group Limited (13) iii Enstar Group Limited (14) iii Enstar Group Limited (15)Balance Sheet (1)Income Statemen (1)Cash Flows (1)Summary CompensationBeneficial Ownership!2 Financial Statement Schedules2 Financial Statement (1)2 Financial Statement (2)2 Financial Statement (3)2 Financial Statement (4)2 Financial Statement (5)2 Financial Statement (6)2 Financial Statement (7)2 Financial Statement (8)LISTING OF SUBSIDIARIESLISTING OF SUBS (1)NO TITLE (2)NO TITLE (3)NO TITLE (4)NO TITLE (5)NO TITLE (6)U }}$ }}$ }}
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Enstar Group LTD10K
03/04/2010>6Net Investment Income and Net Realized (Losses) Gains:
Year Ended December 31,
~
b
~
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~
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NO TITLEHamilton HM JXHamilton HM JX (1)!Reserves for Unpaid Losses and Reserves for Unpaid (1)Reserves for Unpaid (2)Reserves for Unpaid (3)Reserves for Unpaid (4)Reserves for Unpaid (5)Reserves for Unpaid (6)General A038E Exposures!Investment Committee and Invest
EquitiesEquities (1)Equities (2)!Minimum Solvency Margin and ResMinimum Solvency Margin (1)!Conducting Insurance Business iCapital Releases RiskBased Capital RequirementsRiskBased Capital (1)Credit for Reinsurance!Our past and future acquisition!Fluctuations in the reinsurance!Our stock price may experience !Changes in US federal income taChanges in US federal (1)!COMPARISON OF 5 YEAR CUMULATIVECOMPARISON OF 5 YEAR (1)COMPARISON OF 5 YEAR (2)NO TITLE (1)COMPARISON OF 5 YEAR (3)!Net reduction in ultimate loss !Loss and Loss Adjustment ExpensLoss and Loss Adjustment (1)!Annual Loss and Loss Adjustment
Latent Claims!2 35 Billion Ultimate Industry 2 35 Billion Ultimate (1)2 35 Billion Ultimate (2)Fixed Maturity InvestmentsFixed Maturity (1)Fixed Maturity (2)!Net Investment Income and Net R Net Investment Income and (1) Net Investment Income and (2) Net Investment Income and (3) Net Investment Income and (4) Net Investment Income and (5) Net Investment Income and (6) Net Investment Income and (7) Net Investment Income and (8) Net Investment Income and (9)!Net Investment Income and (10)!Net Investment Income and (11)!Net Investment Income and (12)!Net Investment Income and (13)!Net Investment Income and (14)!Net Investment Income and (15)!Net Investment Income and (16)!Net Investment Income and (17)!Net Investment Income and (18)!Net Investment Income and (19)!Net Investment Income and (20)!Net Investment Income and (21)!Net Investment Income and (22)!Net Investment Income and (23)!Net Investment Income and (24)Reinsurance Rec (1)!Aggregate Contractual Obligatio!of Investments Classified as Tr of Investments Classified (1) of Investments Classified (2) of Investments Classified (3)
Balance SheetIncome Statement of Investments Classified (4)Shareholders Equity
Cash Flows
EGI and BHEGI and BH (1)EGI and BH (2)EGI and BH (3)EGI and BH (4)EGI and BH (5)EGI and BH (6)EGI and BH (7)EGI and BH (8)EGI and BH (9)EGI and BH (10)EGI and BH (11)EGI and BH (12)EGI and BH (13)EGI and BH (14)EGI and BH (15)EGI and BH (16)EGI and BH (17)EGI and BH (18)EGI and BH (19)EGI and BH (20)EGI and BH (21)EGI and BH (22)EGI and BH (23)Constellation ReinsuranceConstellation R (1)Constellation R (2)Constellation R (3)Constellation R (4)Constellation R (5)Constellation R (6)Constellation R (7)Constellation R (8)Constellation R (9)Constellation R (10)Constellation R (11)Constellation R (12)Constellation R (13)Constellation R (14)Constellation R (15)Constellation R (16)Constellation R (17)Constellation R (18)!OtherThanTemporary Impairment POtherThanTemporary (1)OtherThanTemporary (2)OtherThanTemporary (3)OtherThanTemporary (4)OtherThanTemporary (5)OtherThanTemporary (6)OtherThanTemporary (7)OtherThanTemporary (8)OtherThanTemporary (9)OtherThanTemporary (10)OtherThanTemporary (11)OtherThanTemporary (12)OtherThanTemporary (13)OtherThanTemporary (14)!iii Enstar Group Limited Employiii Enstar Group Limited (1)iii Enstar Group Limited (2)iii Enstar Group Limited (3)iii Enstar Group Limited (4)iii Enstar Group Limited (5)iii Enstar Group Limited (6)iii Enstar Group Limited (7)iii Enstar Group Limited (8)iii Enstar Group Limited (9) iii Enstar Group Limited (10) iii Enstar Group Limited (11) iii Enstar Group Limited (12) iii Enstar Group Limited (13) iii Enstar Group Limited (14) iii Enstar Group Limited (15)Balance Sheet (1)Income Statemen (1)Cash Flows (1)Summary CompensationBeneficial Ownership!2 Financial Statement Schedules2 Financial Statement (1)2 Financial Statement (2)2 Financial Statement (3)2 Financial Statement (4)2 Financial Statement (5)2 Financial Statement (6)2 Financial Statement (7)2 Financial Statement (8)LISTING OF SUBSIDIARIESLISTING OF SUBS (1)NO TITLE (2)NO TITLE (3)NO TITLE (4)NO TITLE (5)NO TITLE (6)U }0.}$ }
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Enstar Group LTD10K
03/04/2010 Reinsurance Recoverables
December 31, 2009
Gross
Gross
Unrealized
Unrealized
AmortizedHolding
Holding
Fair
CostGain
Losses
Value&(in thousands of U.S. dollars)Due in one year or less~
&~
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~
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(~
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EquitiesEquities (1)Equities (2)!Minimum Solvency Margin and ResMinimum Solvency Margin (1)!Conducting Insurance Business iCapital Releases RiskBased Capital RequirementsRiskBased Capital (1)Credit for Reinsurance!Our past and future acquisition!Fluctuations in the reinsurance!Our stock price may experience !Changes in US federal income taChanges in US federal (1)!COMPARISON OF 5 YEAR CUMULATIVECOMPARISON OF 5 YEAR (1)COMPARISON OF 5 YEAR (2)NO TITLE (1)COMPARISON OF 5 YEAR (3)!Net reduction in ultimate loss !Loss and Loss Adjustment ExpensLoss and Loss Adjustment (1)!Annual Loss and Loss Adjustment
Latent Claims!2 35 Billion Ultimate Industry 2 35 Billion Ultimate (1)2 35 Billion Ultimate (2)Fixed Maturity InvestmentsFixed Maturity (1)Fixed Maturity (2)!Net Investment Income and Net R Net Investment Income and (1) Net Investment Income and (2) Net Investment Income and (3) Net Investment Income and (4) Net Investment Income and (5) Net Investment Income and (6) Net Investment Income and (7) Net Investment Income and (8) Net Investment Income and (9)!Net Investment Income and (10)!Net Investment Income and (11)!Net Investment Income and (12)!Net Investment Income and (13)!Net Investment Income and (14)!Net Investment Income and (15)!Net Investment Income and (16)!Net Investment Income and (17)!Net Investment Income and (18)!Net Investment Income and (19)!Net Investment Income and (20)!Net Investment Income and (21)!Net Investment Income and (22)!Net Investment Income and (23)!Net Investment Income and (24)Reinsurance Recoverables!Aggregate Contractual Obligatio!of Investments Classified as Tr of Investments Classified (1) of Investments Classified (2) of Investments Classified (3)
Balance SheetIncome Statement of Investments Classified (4)Shareholders Equity
Cash Flows
EGI and BHEGI and BH (1)EGI and BH (2)EGI and BH (3)EGI and BH (4)EGI and BH (5)EGI and BH (6)EGI and BH (7)EGI and BH (8)EGI and BH (9)EGI and BH (10)EGI and BH (11)EGI and BH (12)EGI and BH (13)EGI and BH (14)EGI and BH (15)EGI and BH (16)EGI and BH (17)EGI and BH (18)EGI and BH (19)EGI and BH (20)EGI and BH (21)EGI and BH (22)EGI and BH (23)Constellation ReinsuranceConstellation R (1)Constellation R (2)Constellation R (3)Constellation R (4)Constellation R (5)Constellation R (6)Constellation R (7)Constellation R (8)Constellation R (9)Constellation R (10)Constellation R (11)Constellation R (12)Constellation R (13)Constellation R (14)Constellation R (15)Constellation R (16)Constellation R (17)Constellation R (18)!OtherThanTemporary Impairment POtherThanTemporary (1)OtherThanTemporary (2)OtherThanTemporary (3)OtherThanTemporary (4)OtherThanTemporary (5)OtherThanTemporary (6)OtherThanTemporary (7)OtherThanTemporary (8)OtherThanTemporary (9)OtherThanTemporary (10)OtherThanTemporary (11)OtherThanTemporary (12)OtherThanTemporary (13)OtherThanTemporary (14)!iii Enstar Group Limited Employiii Enstar Group Limited (1)iii Enstar Group Limited (2)iii Enstar Group Limited (3)iii Enstar Group Limited (4)iii Enstar Group Limited (5)iii Enstar Group Limited (6)iii Enstar Group Limited (7)iii Enstar Group Limited (8)iii Enstar Group Limited (9) iii Enstar Group Limited (10) iii Enstar Group Limited (11) iii Enstar Group Limited (12) iii Enstar Group Limited (13) iii Enstar Group Limited (14) iii Enstar Group Limited (15)Balance Sheet (1)Income Statemen (1)Cash Flows (1)Summary CompensationBeneficial Ownership!2 Financial Statement Schedules2 Financial Statement (1)2 Financial Statement (2)2 Financial Statement (3)2 Financial Statement (4)2 Financial Statement (5)2 Financial Statement (6)2 Financial Statement (7)2 Financial Statement (8)LISTING OF SUBSIDIARIESLISTING OF SUBS (1)NO TITLE (2)NO TITLE (3)NO TITLE (4)NO TITLE (5)NO TITLE (6)U }U}$ }0}$ }}$ } }
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Enstar Group LTD10K
03/04/2010 Reinsurance Recoverables
December 31, December 31,
FacilityDate of Facility~
f~
b&(in thousands of U.S. dollars)
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March 4, 2008~
~
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Unionamerica Facility ADecember 30, 2008~
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Latent Claims!2 35 Billion Ultimate Industry 2 35 Billion Ultimate (1)2 35 Billion Ultimate (2)Fixed Maturity InvestmentsFixed Maturity (1)Fixed Maturity (2)!Net Investment Income and Net R Net Investment Income and (1) Net Investment Income and (2) Net Investment Income and (3) Net Investment Income and (4) Net Investment Income and (5) Net Investment Income and (6) Net Investment Income and (7) Net Investment Income and (8) Net Investment Income and (9)!Net Investment Income and (10)!Net Investment Income and (11)!Net Investment Income and (12)!Net Investment Income and (13)!Net Investment Income and (14)!Net Investment Income and (15)!Net Investment Income and (16)!Net Investment Income and (17)!Net Investment Income and (18)!Net Investment Income and (19)!Net Investment Income and (20)!Net Investment Income and (21)!Net Investment Income and (22)!Net Investment Income and (23)!Net Investment Income and (24)Reinsurance RecoverablesReinsurance Rec (1)!of Investments Classified as Tr of Investments Classified (1) of Investments Classified (2) of Investments Classified (3)
Balance SheetIncome Statement of Investments Classified (4)Shareholders Equity
Cash Flows
EGI and BHEGI and BH (1)EGI and BH (2)EGI and BH (3)EGI and BH (4)EGI and BH (5)EGI and BH (6)EGI and BH (7)EGI and BH (8)EGI and BH (9)EGI and BH (10)EGI and BH (11)EGI and BH (12)EGI and BH (13)EGI and BH (14)EGI and BH (15)EGI and BH (16)EGI and BH (17)EGI and BH (18)EGI and BH (19)EGI and BH (20)EGI and BH (21)EGI and BH (22)EGI and BH (23)Constellation ReinsuranceConstellation R (1)Constellation R (2)Constellation R (3)Constellation R (4)Constellation R (5)Constellation R (6)Constellation R (7)Constellation R (8)Constellation R (9)Constellation R (10)Constellation R (11)Constellation R (12)Constellation R (13)Constellation R (14)Constellation R (15)Constellation R (16)Constellation R (17)Constellation R (18)!OtherThanTemporary Impairment POtherThanTemporary (1)OtherThanTemporary (2)OtherThanTemporary (3)OtherThanTemporary (4)OtherThanTemporary (5)OtherThanTemporary (6)OtherThanTemporary (7)OtherThanTemporary (8)OtherThanTemporary (9)OtherThanTemporary (10)OtherThanTemporary (11)OtherThanTemporary (12)OtherThanTemporary (13)OtherThanTemporary (14)!iii Enstar Group Limited Employiii Enstar Group Limited (1)iii Enstar Group Limited (2)iii Enstar Group Limited (3)iii Enstar Group Limited (4)iii Enstar Group Limited (5)iii Enstar Group Limited (6)iii Enstar Group Limited (7)iii Enstar Group Limited (8)iii Enstar Group Limited (9) iii Enstar Group Limited (10) iii Enstar Group Limited (11) iii Enstar Group Limited (12) iii Enstar Group Limited (13) iii Enstar Group Limited (14) iii Enstar Group Limited (15)Balance Sheet (1)Income Statemen (1)Cash Flows (1)Summary CompensationBeneficial Ownership!2 Financial Statement Schedules2 Financial Statement (1)2 Financial Statement (2)2 Financial Statement (3)2 Financial Statement (4)2 Financial Statement (5)2 Financial Statement (6)2 Financial Statement (7)2 Financial Statement (8)LISTING OF SUBSIDIARIESLISTING OF SUBS (1)NO TITLE (2)NO TITLE (3)NO TITLE (4)NO TITLE (5)NO TITLE (6)U }6}$ } }$ }U}
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Latent Claims!2 35 Billion Ultimate Industry 2 35 Billion Ultimate (1)2 35 Billion Ultimate (2)Fixed Maturity InvestmentsFixed Maturity (1)Fixed Maturity (2)!Net Investment Income and Net R Net Investment Income and (1) Net Investment Income and (2) Net Investment Income and (3) Net Investment Income and (4) Net Investment Income and (5) Net Investment Income and (6) Net Investment Income and (7) Net Investment Income and (8) Net Investment Income and (9)!Net Investment Income and (10)!Net Investment Income and (11)!Net Investment Income and (12)!Net Investment Income and (13)!Net Investment Income and (14)!Net Investment Income and (15)!Net Investment Income and (16)!Net Investment Income and (17)!Net Investment Income and (18)!Net Investment Income and (19)!Net Investment Income and (20)!Net Investment Income and (21)!Net Investment Income and (22)!Net Investment Income and (23)!Net Investment Income and (24)Reinsurance RecoverablesReinsurance Rec (1)!Aggregate Contractual Obligatio of Investments Classified (1) of Investments Classified (2) of Investments Classified (3)
Balance SheetIncome Statement of Investments Classified (4)Shareholders Equity
Cash Flows
EGI and BHEGI and BH (1)EGI and BH (2)EGI and BH (3)EGI and BH (4)EGI and BH (5)EGI and BH (6)EGI and BH (7)EGI and BH (8)EGI and BH (9)EGI and BH (10)EGI and BH (11)EGI and BH (12)EGI and BH (13)EGI and BH (14)EGI and BH (15)EGI and BH (16)EGI and BH (17)EGI and BH (18)EGI and BH (19)EGI and BH (20)EGI and BH (21)EGI and BH (22)EGI and BH (23)Constellation ReinsuranceConstellation R (1)Constellation R (2)Constellation R (3)Constellation R (4)Constellation R (5)Constellation R (6)Constellation R (7)Constellation R (8)Constellation R (9)Constellation R (10)Constellation R (11)Constellation R (12)Constellation R (13)Constellation R (14)Constellation R (15)Constellation R (16)Constellation R (17)Constellation R (18)!OtherThanTemporary Impairment POtherThanTemporary (1)OtherThanTemporary (2)OtherThanTemporary (3)OtherThanTemporary (4)OtherThanTemporary (5)OtherThanTemporary (6)OtherThanTemporary (7)OtherThanTemporary (8)OtherThanTemporary (9)OtherThanTemporary (10)OtherThanTemporary (11)OtherThanTemporary (12)OtherThanTemporary (13)OtherThanTemporary (14)!iii Enstar Group Limited Employiii Enstar Group Limited (1)iii Enstar Group Limited (2)iii Enstar Group Limited (3)iii Enstar Group Limited (4)iii Enstar Group Limited (5)iii Enstar Group Limited (6)iii Enstar Group Limited (7)iii Enstar Group Limited (8)iii Enstar Group Limited (9) iii Enstar Group Limited (10) iii Enstar Group Limited (11) iii Enstar Group Limited (12) iii Enstar Group Limited (13) iii Enstar Group Limited (14) iii Enstar Group Limited (15)Balance Sheet (1)Income Statemen (1)Cash Flows (1)Summary CompensationBeneficial Ownership!2 Financial Statement Schedules2 Financial Statement (1)2 Financial Statement (2)2 Financial Statement (3)2 Financial Statement (4)2 Financial Statement (5)2 Financial Statement (6)2 Financial Statement (7)2 Financial Statement (8)LISTING OF SUBSIDIARIESLISTING OF SUBS (1)NO TITLE (2)NO TITLE (3)NO TITLE (4)NO TITLE (5)NO TITLE (6)U }y#}$ }U}$}$ }U}$}
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EquitiesEquities (1)Equities (2)!Minimum Solvency Margin and ResMinimum Solvency Margin (1)!Conducting Insurance Business iCapital Releases RiskBased Capital RequirementsRiskBased Capital (1)Credit for Reinsurance!Our past and future acquisition!Fluctuations in the reinsurance!Our stock price may experience !Changes in US federal income taChanges in US federal (1)!COMPARISON OF 5 YEAR CUMULATIVECOMPARISON OF 5 YEAR (1)COMPARISON OF 5 YEAR (2)NO TITLE (1)COMPARISON OF 5 YEAR (3)!Net reduction in ultimate loss !Loss and Loss Adjustment ExpensLoss and Loss Adjustment (1)!Annual Loss and Loss Adjustment
Latent Claims!2 35 Billion Ultimate Industry 2 35 Billion Ultimate (1)2 35 Billion Ultimate (2)Fixed Maturity InvestmentsFixed Maturity (1)Fixed Maturity (2)!Net Investment Income and Net R Net Investment Income and (1) Net Investment Income and (2) Net Investment Income and (3) Net Investment Income and (4) Net Investment Income and (5) Net Investment Income and (6) Net Investment Income and (7) Net Investment Income and (8) Net Investment Income and (9)!Net Investment Income and (10)!Net Investment Income and (11)!Net Investment Income and (12)!Net Investment Income and (13)!Net Investment Income and (14)!Net Investment Income and (15)!Net Investment Income and (16)!Net Investment Income and (17)!Net Investment Income and (18)!Net Investment Income and (19)!Net Investment Income and (20)!Net Investment Income and (21)!Net Investment Income and (22)!Net Investment Income and (23)!Net Investment Income and (24)Reinsurance RecoverablesReinsurance Rec (1)!Aggregate Contractual Obligatio!of Investments Classified as Tr of Investments Classified (2) of Investments Classified (3)
Balance SheetIncome Statement of Investments Classified (4)Shareholders Equity
Cash Flows
EGI and BHEGI and BH (1)EGI and BH (2)EGI and BH (3)EGI and BH (4)EGI and BH (5)EGI and BH (6)EGI and BH (7)EGI and BH (8)EGI and BH (9)EGI and BH (10)EGI and BH (11)EGI and BH (12)EGI and BH (13)EGI and BH (14)EGI and BH (15)EGI and BH (16)EGI and BH (17)EGI and BH (18)EGI and BH (19)EGI and BH (20)EGI and BH (21)EGI and BH (22)EGI and BH (23)Constellation ReinsuranceConstellation R (1)Constellation R (2)Constellation R (3)Constellation R (4)Constellation R (5)Constellation R (6)Constellation R (7)Constellation R (8)Constellation R (9)Constellation R (10)Constellation R (11)Constellation R (12)Constellation R (13)Constellation R (14)Constellation R (15)Constellation R (16)Constellation R (17)Constellation R (18)!OtherThanTemporary Impairment POtherThanTemporary (1)OtherThanTemporary (2)OtherThanTemporary (3)OtherThanTemporary (4)OtherThanTemporary (5)OtherThanTemporary (6)OtherThanTemporary (7)OtherThanTemporary (8)OtherThanTemporary (9)OtherThanTemporary (10)OtherThanTemporary (11)OtherThanTemporary (12)OtherThanTemporary (13)OtherThanTemporary (14)!iii Enstar Group Limited Employiii Enstar Group Limited (1)iii Enstar Group Limited (2)iii Enstar Group Limited (3)iii Enstar Group Limited (4)iii Enstar Group Limited (5)iii Enstar Group Limited (6)iii Enstar Group Limited (7)iii Enstar Group Limited (8)iii Enstar Group Limited (9) iii Enstar Group Limited (10) iii Enstar Group Limited (11) iii Enstar Group Limited (12) iii Enstar Group Limited (13) iii Enstar Group Limited (14) iii Enstar Group Limited (15)Balance Sheet (1)Income Statemen (1)Cash Flows (1)Summary CompensationBeneficial Ownership!2 Financial Statement Schedules2 Financial Statement (1)2 Financial Statement (2)2 Financial Statement (3)2 Financial Statement (4)2 Financial Statement (5)2 Financial Statement (6)2 Financial Statement (7)2 Financial Statement (8)LISTING OF SUBSIDIARIESLISTING OF SUBS (1)NO TITLE (2)NO TITLE (3)NO TITLE (4)NO TITLE (5)NO TITLE (6)U }y#}$ }
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Enstar Group LTD10K
03/04/2010C;of Investments Classified as Trading and AvailableforSale
GBP Euro
AUD
CDN
Other
Total
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(in millions of U.S. dollars)
Total Assets~
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EquitiesEquities (1)Equities (2)!Minimum Solvency Margin and ResMinimum Solvency Margin (1)!Conducting Insurance Business iCapital Releases RiskBased Capital RequirementsRiskBased Capital (1)Credit for Reinsurance!Our past and future acquisition!Fluctuations in the reinsurance!Our stock price may experience !Changes in US federal income taChanges in US federal (1)!COMPARISON OF 5 YEAR CUMULATIVECOMPARISON OF 5 YEAR (1)COMPARISON OF 5 YEAR (2)NO TITLE (1)COMPARISON OF 5 YEAR (3)!Net reduction in ultimate loss !Loss and Loss Adjustment ExpensLoss and Loss Adjustment (1)!Annual Loss and Loss Adjustment
Latent Claims!2 35 Billion Ultimate Industry 2 35 Billion Ultimate (1)2 35 Billion Ultimate (2)Fixed Maturity InvestmentsFixed Maturity (1)Fixed Maturity (2)!Net Investment Income and Net R Net Investment Income and (1) Net Investment Income and (2) Net Investment Income and (3) Net Investment Income and (4) Net Investment Income and (5) Net Investment Income and (6) Net Investment Income and (7) Net Investment Income and (8) Net Investment Income and (9)!Net Investment Income and (10)!Net Investment Income and (11)!Net Investment Income and (12)!Net Investment Income and (13)!Net Investment Income and (14)!Net Investment Income and (15)!Net Investment Income and (16)!Net Investment Income and (17)!Net Investment Income and (18)!Net Investment Income and (19)!Net Investment Income and (20)!Net Investment Income and (21)!Net Investment Income and (22)!Net Investment Income and (23)!Net Investment Income and (24)Reinsurance RecoverablesReinsurance Rec (1)!Aggregate Contractual Obligatio!of Investments Classified as Tr of Investments Classified (1) of Investments Classified (3)
Balance SheetIncome Statement of Investments Classified (4)Shareholders Equity
Cash Flows
EGI and BHEGI and BH (1)EGI and BH (2)EGI and BH (3)EGI and BH (4)EGI and BH (5)EGI and BH (6)EGI and BH (7)EGI and BH (8)EGI and BH (9)EGI and BH (10)EGI and BH (11)EGI and BH (12)EGI and BH (13)EGI and BH (14)EGI and BH (15)EGI and BH (16)EGI and BH (17)EGI and BH (18)EGI and BH (19)EGI and BH (20)EGI and BH (21)EGI and BH (22)EGI and BH (23)Constellation ReinsuranceConstellation R (1)Constellation R (2)Constellation R (3)Constellation R (4)Constellation R (5)Constellation R (6)Constellation R (7)Constellation R (8)Constellation R (9)Constellation R (10)Constellation R (11)Constellation R (12)Constellation R (13)Constellation R (14)Constellation R (15)Constellation R (16)Constellation R (17)Constellation R (18)!OtherThanTemporary Impairment POtherThanTemporary (1)OtherThanTemporary (2)OtherThanTemporary (3)OtherThanTemporary (4)OtherThanTemporary (5)OtherThanTemporary (6)OtherThanTemporary (7)OtherThanTemporary (8)OtherThanTemporary (9)OtherThanTemporary (10)OtherThanTemporary (11)OtherThanTemporary (12)OtherThanTemporary (13)OtherThanTemporary (14)!iii Enstar Group Limited Employiii Enstar Group Limited (1)iii Enstar Group Limited (2)iii Enstar Group Limited (3)iii Enstar Group Limited (4)iii Enstar Group Limited (5)iii Enstar Group Limited (6)iii Enstar Group Limited (7)iii Enstar Group Limited (8)iii Enstar Group Limited (9) iii Enstar Group Limited (10) iii Enstar Group Limited (11) iii Enstar Group Limited (12) iii Enstar Group Limited (13) iii Enstar Group Limited (14) iii Enstar Group Limited (15)Balance Sheet (1)Income Statemen (1)Cash Flows (1)Summary CompensationBeneficial Ownership!2 Financial Statement Schedules2 Financial Statement (1)2 Financial Statement (2)2 Financial Statement (3)2 Financial Statement (4)2 Financial Statement (5)2 Financial Statement (6)2 Financial Statement (7)2 Financial Statement (8)LISTING OF SUBSIDIARIESLISTING OF SUBS (1)NO TITLE (2)NO TITLE (3)NO TITLE (4)NO TITLE (5)NO TITLE (6)U }y#}$ } }$ } }
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Enstar Group LTD10K
03/04/2010C;of Investments Classified as Trading and AvailableforSale
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Total Assets~
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EquitiesEquities (1)Equities (2)!Minimum Solvency Margin and ResMinimum Solvency Margin (1)!Conducting Insurance Business iCapital Releases RiskBased Capital RequirementsRiskBased Capital (1)Credit for Reinsurance!Our past and future acquisition!Fluctuations in the reinsurance!Our stock price may experience !Changes in US federal income taChanges in US federal (1)!COMPARISON OF 5 YEAR CUMULATIVECOMPARISON OF 5 YEAR (1)COMPARISON OF 5 YEAR (2)NO TITLE (1)COMPARISON OF 5 YEAR (3)!Net reduction in ultimate loss !Loss and Loss Adjustment ExpensLoss and Loss Adjustment (1)!Annual Loss and Loss Adjustment
Latent Claims!2 35 Billion Ultimate Industry 2 35 Billion Ultimate (1)2 35 Billion Ultimate (2)Fixed Maturity InvestmentsFixed Maturity (1)Fixed Maturity (2)!Net Investment Income and Net R Net Investment Income and (1) Net Investment Income and (2) Net Investment Income and (3) Net Investment Income and (4) Net Investment Income and (5) Net Investment Income and (6) Net Investment Income and (7) Net Investment Income and (8) Net Investment Income and (9)!Net Investment Income and (10)!Net Investment Income and (11)!Net Investment Income and (12)!Net Investment Income and (13)!Net Investment Income and (14)!Net Investment Income and (15)!Net Investment Income and (16)!Net Investment Income and (17)!Net Investment Income and (18)!Net Investment Income and (19)!Net Investment Income and (20)!Net Investment Income and (21)!Net Investment Income and (22)!Net Investment Income and (23)!Net Investment Income and (24)Reinsurance RecoverablesReinsurance Rec (1)!Aggregate Contractual Obligatio!of Investments Classified as Tr of Investments Classified (1) of Investments Classified (2)
Balance SheetIncome Statement of Investments Classified (4)Shareholders Equity
Cash Flows
EGI and BHEGI and BH (1)EGI and BH (2)EGI and BH (3)EGI and BH (4)EGI and BH (5)EGI and BH (6)EGI and BH (7)EGI and BH (8)EGI and BH (9)EGI and BH (10)EGI and BH (11)EGI and BH (12)EGI and BH (13)EGI and BH (14)EGI and BH (15)EGI and BH (16)EGI and BH (17)EGI and BH (18)EGI and BH (19)EGI and BH (20)EGI and BH (21)EGI and BH (22)EGI and BH (23)Constellation ReinsuranceConstellation R (1)Constellation R (2)Constellation R (3)Constellation R (4)Constellation R (5)Constellation R (6)Constellation R (7)Constellation R (8)Constellation R (9)Constellation R (10)Constellation R (11)Constellation R (12)Constellation R (13)Constellation R (14)Constellation R (15)Constellation R (16)Constellation R (17)Constellation R (18)!OtherThanTemporary Impairment POtherThanTemporary (1)OtherThanTemporary (2)OtherThanTemporary (3)OtherThanTemporary (4)OtherThanTemporary (5)OtherThanTemporary (6)OtherThanTemporary (7)OtherThanTemporary (8)OtherThanTemporary (9)OtherThanTemporary (10)OtherThanTemporary (11)OtherThanTemporary (12)OtherThanTemporary (13)OtherThanTemporary (14)!iii Enstar Group Limited Employiii Enstar Group Limited (1)iii Enstar Group Limited (2)iii Enstar Group Limited (3)iii Enstar Group Limited (4)iii Enstar Group Limited (5)iii Enstar Group Limited (6)iii Enstar Group Limited (7)iii Enstar Group Limited (8)iii Enstar Group Limited (9) iii Enstar Group Limited (10) iii Enstar Group Limited (11) iii Enstar Group Limited (12) iii Enstar Group Limited (13) iii Enstar Group Limited (14) iii Enstar Group Limited (15)Balance Sheet (1)Income Statemen (1)Cash Flows (1)Summary CompensationBeneficial Ownership!2 Financial Statement Schedules2 Financial Statement (1)2 Financial Statement (2)2 Financial Statement (3)2 Financial Statement (4)2 Financial Statement (5)2 Financial Statement (6)2 Financial Statement (7)2 Financial Statement (8)LISTING OF SUBSIDIARIESLISTING OF SUBS (1)NO TITLE (2)NO TITLE (3)NO TITLE (4)NO TITLE (5)NO TITLE (6)U }7}$ }U}$
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Enstar Group LTD10K
03/04/2010C;of Investments Classified as Trading and AvailableforSale Page
( December 31, 2009, 2008 and 2007/'Report of Independent Registered Public~
Accounting Firm6.Consolidated Balance Sheets as of December 31,~
2009 and 2008/'Consolidated Statements of Earnings for~
/'the years ended December 31, 2009, 2008and 20070(Consolidated Statements of Comprehensive~
/'Income for the years ended December 31,2009, 2008 and 2007%Consolidated Statements of Changes in~
/'Shareholders Equity for the years ended( December 31, 2009, 2008 and 2007%Consolidated Statements of Cash Flows~
3+for the years ended December 31, 2009, 2008and 20076.Notes to the Consolidated Financial Statements~
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EquitiesEquities (1)Equities (2)!Minimum Solvency Margin and ResMinimum Solvency Margin (1)!Conducting Insurance Business iCapital Releases RiskBased Capital RequirementsRiskBased Capital (1)Credit for Reinsurance!Our past and future acquisition!Fluctuations in the reinsurance!Our stock price may experience !Changes in US federal income taChanges in US federal (1)!COMPARISON OF 5 YEAR CUMULATIVECOMPARISON OF 5 YEAR (1)COMPARISON OF 5 YEAR (2)NO TITLE (1)COMPARISON OF 5 YEAR (3)!Net reduction in ultimate loss !Loss and Loss Adjustment ExpensLoss and Loss Adjustment (1)!Annual Loss and Loss Adjustment
Latent Claims!2 35 Billion Ultimate Industry 2 35 Billion Ultimate (1)2 35 Billion Ultimate (2)Fixed Maturity InvestmentsFixed Maturity (1)Fixed Maturity (2)!Net Investment Income and Net R Net Investment Income and (1) Net Investment Income and (2) Net Investment Income and (3) Net Investment Income and (4) Net Investment Income and (5) Net Investment Income and (6) Net Investment Income and (7) Net Investment Income and (8) Net Investment Income and (9)!Net Investment Income and (10)!Net Investment Income and (11)!Net Investment Income and (12)!Net Investment Income and (13)!Net Investment Income and (14)!Net Investment Income and (15)!Net Investment Income and (16)!Net Investment Income and (17)!Net Investment Income and (18)!Net Investment Income and (19)!Net Investment Income and (20)!Net Investment Income and (21)!Net Investment Income and (22)!Net Investment Income and (23)!Net Investment Income and (24)Reinsurance RecoverablesReinsurance Rec (1)!Aggregate Contractual Obligatio!of Investments Classified as Tr of Investments Classified (1) of Investments Classified (2) of Investments Classified (3)Income Statement of Investments Classified (4)Shareholders Equity
Cash Flows
EGI and BHEGI and BH (1)EGI and BH (2)EGI and BH (3)EGI and BH (4)EGI and BH (5)EGI and BH (6)EGI and BH (7)EGI and BH (8)EGI and BH (9)EGI and BH (10)EGI and BH (11)EGI and BH (12)EGI and BH (13)EGI and BH (14)EGI and BH (15)EGI and BH (16)EGI and BH (17)EGI and BH (18)EGI and BH (19)EGI and BH (20)EGI and BH (21)EGI and BH (22)EGI and BH (23)Constellation ReinsuranceConstellation R (1)Constellation R (2)Constellation R (3)Constellation R (4)Constellation R (5)Constellation R (6)Constellation R (7)Constellation R (8)Constellation R (9)Constellation R (10)Constellation R (11)Constellation R (12)Constellation R (13)Constellation R (14)Constellation R (15)Constellation R (16)Constellation R (17)Constellation R (18)!OtherThanTemporary Impairment POtherThanTemporary (1)OtherThanTemporary (2)OtherThanTemporary (3)OtherThanTemporary (4)OtherThanTemporary (5)OtherThanTemporary (6)OtherThanTemporary (7)OtherThanTemporary (8)OtherThanTemporary (9)OtherThanTemporary (10)OtherThanTemporary (11)OtherThanTemporary (12)OtherThanTemporary (13)OtherThanTemporary (14)!iii Enstar Group Limited Employiii Enstar Group Limited (1)iii Enstar Group Limited (2)iii Enstar Group Limited (3)iii Enstar Group Limited (4)iii Enstar Group Limited (5)iii Enstar Group Limited (6)iii Enstar Group Limited (7)iii Enstar Group Limited (8)iii Enstar Group Limited (9) iii Enstar Group Limited (10) iii Enstar Group Limited (11) iii Enstar Group Limited (12) iii Enstar Group Limited (13) iii Enstar Group Limited (14) iii Enstar Group Limited (15)Balance Sheet (1)Income Statemen (1)Cash Flows (1)Summary CompensationBeneficial Ownership!2 Financial Statement Schedules2 Financial Statement (1)2 Financial Statement (2)2 Financial Statement (3)2 Financial Statement (4)2 Financial Statement (5)2 Financial Statement (6)2 Financial Statement (7)2 Financial Statement (8)LISTING OF SUBSIDIARIESLISTING OF SUBS (1)NO TITLE (2)NO TITLE (3)NO TITLE (4)NO TITLE (5)NO TITLE (6)U }8}$ }
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03/04/2010
Balance Sheet ~
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ASSETS%Shortterm investments, available for~
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1)sale, at fair value (amortized cost: 2009$45,046; 2008 $406,712)1)Shortterm investments, held to maturity,~
5at amortized cost (fair value: 2009 $159,333;
2008 $nil)%Fixed maturities, available for sale,~
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ve4,at fair value (amortized cost: 2009 $69,976;2008 $103,452).&Fixed maturities, held to maturity, at~
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r#4,amortized cost (fair value: 2009 $1,169,934;2008 $598,686)0(Fixed maturities, trading, at fair value~
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7/(amortized cost: 2009 $85,775; 2008 $110,453)/'Equities, trading, at fair value (cost:~
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........./////////0LIABILITIES00000000+1#Losses and loss adjustment expenses1~
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1>˪1$2Reinsurance balances payable22~
2B 222~
26
203(Accounts payable and accrued liabilities33~
3:333~
3f34Income taxes payable44~
4:*444~
4j)45
Loans payable55~
5Ə555~
556Other liabilities66~
64666~
667777777778TOTAL LIABILITIES88~
8888~
8"8999999999%:COMMITMENTS AND CONTINGENCIES::::::::;SHAREHOLDERS EQUITY;;;;;;;;<
Share capital<<<<<<<<3=+Authorized issued and fully paid, par value========>%$1 each (authorized 2009:156,000,000;
?2008:DTlkaB4Owa`s~n@ A B C D E F G H I J K L M N O P Q R S T U V W X Y ~
@1%@@@@@@@@/A'Ordinary shares (issued and outstandingAA~
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Cv.C1D)(issued 2009: 2,972,892; 2008: 2,972,892)7E/Treasury shares at cost (nonvoting convertibleEEEEEEEE.F&ordinary shares 2009: 2,972,892; 2008:~
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Latent Claims!2 35 Billion Ultimate Industry 2 35 Billion Ultimate (1)2 35 Billion Ultimate (2)Fixed Maturity InvestmentsFixed Maturity (1)Fixed Maturity (2)!Net Investment Income and Net R Net Investment Income and (1) Net Investment Income and (2) Net Investment Income and (3) Net Investment Income and (4) Net Investment Income and (5) Net Investment Income and (6) Net Investment Income and (7) Net Investment Income and (8) Net Investment Income and (9)!Net Investment Income and (10)!Net Investment Income and (11)!Net Investment Income and (12)!Net Investment Income and (13)!Net Investment Income and (14)!Net Investment Income and (15)!Net Investment Income and (16)!Net Investment Income and (17)!Net Investment Income and (18)!Net Investment Income and (19)!Net Investment Income and (20)!Net Investment Income and (21)!Net Investment Income and (22)!Net Investment Income and (23)!Net Investment Income and (24)Reinsurance RecoverablesReinsurance Rec (1)!Aggregate Contractual Obligatio!of Investments Classified as Tr of Investments Classified (1) of Investments Classified (2) of Investments Classified (3)
Balance Sheet of Investments Classified (4)Shareholders Equity
Cash Flows
EGI and BHEGI and BH (1)EGI and BH (2)EGI and BH (3)EGI and BH (4)EGI and BH (5)EGI and BH (6)EGI and BH (7)EGI and BH (8)EGI and BH (9)EGI and BH (10)EGI and BH (11)EGI and BH (12)EGI and BH (13)EGI and BH (14)EGI and BH (15)EGI and BH (16)EGI and BH (17)EGI and BH (18)EGI and BH (19)EGI and BH (20)EGI and BH (21)EGI and BH (22)EGI and BH (23)Constellation ReinsuranceConstellation R (1)Constellation R (2)Constellation R (3)Constellation R (4)Constellation R (5)Constellation R (6)Constellation R (7)Constellation R (8)Constellation R (9)Constellation R (10)Constellation R (11)Constellation R (12)Constellation R (13)Constellation R (14)Constellation R (15)Constellation R (16)Constellation R (17)Constellation R (18)!OtherThanTemporary Impairment POtherThanTemporary (1)OtherThanTemporary (2)OtherThanTemporary (3)OtherThanTemporary (4)OtherThanTemporary (5)OtherThanTemporary (6)OtherThanTemporary (7)OtherThanTemporary (8)OtherThanTemporary (9)OtherThanTemporary (10)OtherThanTemporary (11)OtherThanTemporary (12)OtherThanTemporary (13)OtherThanTemporary (14)!iii Enstar Group Limited Employiii Enstar Group Limited (1)iii Enstar Group Limited (2)iii Enstar Group Limited (3)iii Enstar Group Limited (4)iii Enstar Group Limited (5)iii Enstar Group Limited (6)iii Enstar Group Limited (7)iii Enstar Group Limited (8)iii Enstar Group Limited (9) iii Enstar Group Limited (10) iii Enstar Group Limited (11) iii Enstar Group Limited (12) iii Enstar Group Limited (13) iii Enstar Group Limited (14) iii Enstar Group Limited (15)Balance Sheet (1)Income Statemen (1)Cash Flows (1)Summary CompensationBeneficial Ownership!2 Financial Statement Schedules2 Financial Statement (1)2 Financial Statement (2)2 Financial Statement (3)2 Financial Statement (4)2 Financial Statement (5)2 Financial Statement (6)2 Financial Statement (7)2 Financial Statement (8)LISTING OF SUBSIDIARIESLISTING OF SUBS (1)NO TITLE (2)NO TITLE (3)NO TITLE (4)NO TITLE (5)NO TITLE (6)U }I;}$ }}$ }}
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Enstar Group LTD10K
03/04/2010Income Statement
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NO TITLEHamilton HM JXHamilton HM JX (1)!Reserves for Unpaid Losses and Reserves for Unpaid (1)Reserves for Unpaid (2)Reserves for Unpaid (3)Reserves for Unpaid (4)Reserves for Unpaid (5)Reserves for Unpaid (6)General A038E Exposures!Investment Committee and Invest
EquitiesEquities (1)Equities (2)!Minimum Solvency Margin and ResMinimum Solvency Margin (1)!Conducting Insurance Business iCapital Releases RiskBased Capital RequirementsRiskBased Capital (1)Credit for Reinsurance!Our past and future acquisition!Fluctuations in the reinsurance!Our stock price may experience !Changes in US federal income taChanges in US federal (1)!COMPARISON OF 5 YEAR CUMULATIVECOMPARISON OF 5 YEAR (1)COMPARISON OF 5 YEAR (2)NO TITLE (1)COMPARISON OF 5 YEAR (3)!Net reduction in ultimate loss !Loss and Loss Adjustment ExpensLoss and Loss Adjustment (1)!Annual Loss and Loss Adjustment
Latent Claims!2 35 Billion Ultimate Industry 2 35 Billion Ultimate (1)2 35 Billion Ultimate (2)Fixed Maturity InvestmentsFixed Maturity (1)Fixed Maturity (2)!Net Investment Income and Net R Net Investment Income and (1) Net Investment Income and (2) Net Investment Income and (3) Net Investment Income and (4) Net Investment Income and (5) Net Investment Income and (6) Net Investment Income and (7) Net Investment Income and (8) Net Investment Income and (9)!Net Investment Income and (10)!Net Investment Income and (11)!Net Investment Income and (12)!Net Investment Income and (13)!Net Investment Income and (14)!Net Investment Income and (15)!Net Investment Income and (16)!Net Investment Income and (17)!Net Investment Income and (18)!Net Investment Income and (19)!Net Investment Income and (20)!Net Investment Income and (21)!Net Investment Income and (22)!Net Investment Income and (23)!Net Investment Income and (24)Reinsurance RecoverablesReinsurance Rec (1)!Aggregate Contractual Obligatio!of Investments Classified as Tr of Investments Classified (1) of Investments Classified (2) of Investments Classified (3)
Balance SheetIncome Statement of Investments Classified (4)Shareholders Equity
Cash FlowsEGI and BH (1)EGI and BH (2)EGI and BH (3)EGI and BH (4)EGI and BH (5)EGI and BH (6)EGI and BH (7)EGI and BH (8)EGI and BH (9)EGI and BH (10)EGI and BH (11)EGI and BH (12)EGI and BH (13)EGI and BH (14)EGI and BH (15)EGI and BH (16)EGI and BH (17)EGI and BH (18)EGI and BH (19)EGI and BH (20)EGI and BH (21)EGI and BH (22)EGI and BH (23)Constellation ReinsuranceConstellation R (1)Constellation R (2)Constellation R (3)Constellation R (4)Constellation R (5)Constellation R (6)Constellation R (7)Constellation R (8)Constellation R (9)Constellation R (10)Constellation R (11)Constellation R (12)Constellation R (13)Constellation R (14)Constellation R (15)Constellation R (16)Constellation R (17)Constellation R (18)!OtherThanTemporary Impairment POtherThanTemporary (1)OtherThanTemporary (2)OtherThanTemporary (3)OtherThanTemporary (4)OtherThanTemporary (5)OtherThanTemporary (6)OtherThanTemporary (7)OtherThanTemporary (8)OtherThanTemporary (9)OtherThanTemporary (10)OtherThanTemporary (11)OtherThanTemporary (12)OtherThanTemporary (13)OtherThanTemporary (14)!iii Enstar Group Limited Employiii Enstar Group Limited (1)iii Enstar Group Limited (2)iii Enstar Group Limited (3)iii Enstar Group Limited (4)iii Enstar Group Limited (5)iii Enstar Group Limited (6)iii Enstar Group Limited (7)iii Enstar Group Limited (8)iii Enstar Group Limited (9) iii Enstar Group Limited (10) iii Enstar Group Limited (11) iii Enstar Group Limited (12) iii Enstar Group Limited (13) iii Enstar Group Limited (14) iii Enstar Group Limited (15)Balance Sheet (1)Income Statemen (1)Cash Flows (1)Summary CompensationBeneficial Ownership!2 Financial Statement Schedules2 Financial Statement (1)2 Financial Statement (2)2 Financial Statement (3)2 Financial Statement (4)2 Financial Statement (5)2 Financial Statement (6)2 Financial Statement (7)2 Financial Statement (8)LISTING OF SUBSIDIARIESLISTING OF SUBS (1)NO TITLE (2)NO TITLE (3)NO TITLE (4)NO TITLE (5)NO TITLE (6)U }0}$ }
}$
Enstar Group LTD10K
03/04/2010
EGI and BH Purchase price ~
6 #
Direct costs of acquisition
~
61
Total purchase price~
j
)!Net assets acquired at fair value~
n0(Excess of net assets over purchase price~
§$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/2x
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NO TITLEHamilton HM JXHamilton HM JX (1)!Reserves for Unpaid Losses and Reserves for Unpaid (1)Reserves for Unpaid (2)Reserves for Unpaid (3)Reserves for Unpaid (4)Reserves for Unpaid (5)Reserves for Unpaid (6)General A038E Exposures!Investment Committee and Invest
EquitiesEquities (1)Equities (2)!Minimum Solvency Margin and ResMinimum Solvency Margin (1)!Conducting Insurance Business iCapital Releases RiskBased Capital RequirementsRiskBased Capital (1)Credit for Reinsurance!Our past and future acquisition!Fluctuations in the reinsurance!Our stock price may experience !Changes in US federal income taChanges in US federal (1)!COMPARISON OF 5 YEAR CUMULATIVECOMPARISON OF 5 YEAR (1)COMPARISON OF 5 YEAR (2)NO TITLE (1)COMPARISON OF 5 YEAR (3)!Net reduction in ultimate loss !Loss and Loss Adjustment ExpensLoss and Loss Adjustment (1)!Annual Loss and Loss Adjustment
Latent Claims!2 35 Billion Ultimate Industry 2 35 Billion Ultimate (1)2 35 Billion Ultimate (2)Fixed Maturity InvestmentsFixed Maturity (1)Fixed Maturity (2)!Net Investment Income and Net R Net Investment Income and (1) Net Investment Income and (2) Net Investment Income and (3) Net Investment Income and (4) Net Investment Income and (5) Net Investment Income and (6) Net Investment Income and (7) Net Investment Income and (8) Net Investment Income and (9)!Net Investment Income and (10)!Net Investment Income and (11)!Net Investment Income and (12)!Net Investment Income and (13)!Net Investment Income and (14)!Net Investment Income and (15)!Net Investment Income and (16)!Net Investment Income and (17)!Net Investment Income and (18)!Net Investment Income and (19)!Net Investment Income and (20)!Net Investment Income and (21)!Net Investment Income and (22)!Net Investment Income and (23)!Net Investment Income and (24)Reinsurance RecoverablesReinsurance Rec (1)!Aggregate Contractual Obligatio!of Investments Classified as Tr of Investments Classified (1) of Investments Classified (2) of Investments Classified (3)
Balance SheetIncome Statement of Investments Classified (4)Shareholders Equity
Cash Flows
EGI and BHEGI and BH (2)EGI and BH (3)EGI and BH (4)EGI and BH (5)EGI and BH (6)EGI and BH (7)EGI and BH (8)EGI and BH (9)EGI and BH (10)EGI and BH (11)EGI and BH (12)EGI and BH (13)EGI and BH (14)EGI and BH (15)EGI and BH (16)EGI and BH (17)EGI and BH (18)EGI and BH (19)EGI and BH (20)EGI and BH (21)EGI and BH (22)EGI and BH (23)Constellation ReinsuranceConstellation R (1)Constellation R (2)Constellation R (3)Constellation R (4)Constellation R (5)Constellation R (6)Constellation R (7)Constellation R (8)Constellation R (9)Constellation R (10)Constellation R (11)Constellation R (12)Constellation R (13)Constellation R (14)Constellation R (15)Constellation R (16)Constellation R (17)Constellation R (18)!OtherThanTemporary Impairment POtherThanTemporary (1)OtherThanTemporary (2)OtherThanTemporary (3)OtherThanTemporary (4)OtherThanTemporary (5)OtherThanTemporary (6)OtherThanTemporary (7)OtherThanTemporary (8)OtherThanTemporary (9)OtherThanTemporary (10)OtherThanTemporary (11)OtherThanTemporary (12)OtherThanTemporary (13)OtherThanTemporary (14)!iii Enstar Group Limited Employiii Enstar Group Limited (1)iii Enstar Group Limited (2)iii Enstar Group Limited (3)iii Enstar Group Limited (4)iii Enstar Group Limited (5)iii Enstar Group Limited (6)iii Enstar Group Limited (7)iii Enstar Group Limited (8)iii Enstar Group Limited (9) iii Enstar Group Limited (10) iii Enstar Group Limited (11) iii Enstar Group Limited (12) iii Enstar Group Limited (13) iii Enstar Group Limited (14) iii Enstar Group Limited (15)Balance Sheet (1)Income Statemen (1)Cash Flows (1)Summary CompensationBeneficial Ownership!2 Financial Statement Schedules2 Financial Statement (1)2 Financial Statement (2)2 Financial Statement (3)2 Financial Statement (4)2 Financial Statement (5)2 Financial Statement (6)2 Financial Statement (7)2 Financial Statement (8)LISTING OF SUBSIDIARIESLISTING OF SUBS (1)NO TITLE (2)NO TITLE (3)NO TITLE (4)NO TITLE (5)NO TITLE (6)U }*}$ }}$ } }
$ }}$
!
Enstar Group LTD10K
03/04/2010
EGI and BH
Allocation of
Net Assets
Excess of Net
Adjusted Net
Acquired at
Assets Over
Assets Acquired
Fair ValuePurchase Price
at Fair ValueCash~
~
~
Other investments~
n~
~
Investment in Enstar~
~
*
~
Investment in BH~
:~
~
NAccounts receivable~
M
~
M*"Reinsurance balances payable (net)~
~
+#Losses and loss adjustment expenses~
F
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FAccounts payable~
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)!Net assets acquired at fair value~
n~
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NO TITLEHamilton HM JXHamilton HM JX (1)!Reserves for Unpaid Losses and Reserves for Unpaid (1)Reserves for Unpaid (2)Reserves for Unpaid (3)Reserves for Unpaid (4)Reserves for Unpaid (5)Reserves for Unpaid (6)General A038E Exposures!Investment Committee and Invest
EquitiesEquities (1)Equities (2)!Minimum Solvency Margin and ResMinimum Solvency Margin (1)!Conducting Insurance Business iCapital Releases RiskBased Capital RequirementsRiskBased Capital (1)Credit for Reinsurance!Our past and future acquisition!Fluctuations in the reinsurance!Our stock price may experience !Changes in US federal income taChanges in US federal (1)!COMPARISON OF 5 YEAR CUMULATIVECOMPARISON OF 5 YEAR (1)COMPARISON OF 5 YEAR (2)NO TITLE (1)COMPARISON OF 5 YEAR (3)!Net reduction in ultimate loss !Loss and Loss Adjustment ExpensLoss and Loss Adjustment (1)!Annual Loss and Loss Adjustment
Latent Claims!2 35 Billion Ultimate Industry 2 35 Billion Ultimate (1)2 35 Billion Ultimate (2)Fixed Maturity InvestmentsFixed Maturity (1)Fixed Maturity (2)!Net Investment Income and Net R Net Investment Income and (1) Net Investment Income and (2) Net Investment Income and (3) Net Investment Income and (4) Net Investment Income and (5) Net Investment Income and (6) Net Investment Income and (7) Net Investment Income and (8) Net Investment Income and (9)!Net Investment Income and (10)!Net Investment Income and (11)!Net Investment Income and (12)!Net Investment Income and (13)!Net Investment Income and (14)!Net Investment Income and (15)!Net Investment Income and (16)!Net Investment Income and (17)!Net Investment Income and (18)!Net Investment Income and (19)!Net Investment Income and (20)!Net Investment Income and (21)!Net Investment Income and (22)!Net Investment Income and (23)!Net Investment Income and (24)Reinsurance RecoverablesReinsurance Rec (1)!Aggregate Contractual Obligatio!of Investments Classified as Tr of Investments Classified (1) of Investments Classified (2) of Investments Classified (3)
Balance SheetIncome Statement of Investments Classified (4)Shareholders Equity
Cash Flows
EGI and BHEGI and BH (1)EGI and BH (3)EGI and BH (4)EGI and BH (5)EGI and BH (6)EGI and BH (7)EGI and BH (8)EGI and BH (9)EGI and BH (10)EGI and BH (11)EGI and BH (12)EGI and BH (13)EGI and BH (14)EGI and BH (15)EGI and BH (16)EGI and BH (17)EGI and BH (18)EGI and BH (19)EGI and BH (20)EGI and BH (21)EGI and BH (22)EGI and BH (23)Constellation ReinsuranceConstellation R (1)Constellation R (2)Constellation R (3)Constellation R (4)Constellation R (5)Constellation R (6)Constellation R (7)Constellation R (8)Constellation R (9)Constellation R (10)Constellation R (11)Constellation R (12)Constellation R (13)Constellation R (14)Constellation R (15)Constellation R (16)Constellation R (17)Constellation R (18)!OtherThanTemporary Impairment POtherThanTemporary (1)OtherThanTemporary (2)OtherThanTemporary (3)OtherThanTemporary (4)OtherThanTemporary (5)OtherThanTemporary (6)OtherThanTemporary (7)OtherThanTemporary (8)OtherThanTemporary (9)OtherThanTemporary (10)OtherThanTemporary (11)OtherThanTemporary (12)OtherThanTemporary (13)OtherThanTemporary (14)!iii Enstar Group Limited Employiii Enstar Group Limited (1)iii Enstar Group Limited (2)iii Enstar Group Limited (3)iii Enstar Group Limited (4)iii Enstar Group Limited (5)iii Enstar Group Limited (6)iii Enstar Group Limited (7)iii Enstar Group Limited (8)iii Enstar Group Limited (9) iii Enstar Group Limited (10) iii Enstar Group Limited (11) iii Enstar Group Limited (12) iii Enstar Group Limited (13) iii Enstar Group Limited (14) iii Enstar Group Limited (15)Balance Sheet (1)Income Statemen (1)Cash Flows (1)Summary CompensationBeneficial Ownership!2 Financial Statement Schedules2 Financial Statement (1)2 Financial Statement (2)2 Financial Statement (3)2 Financial Statement (4)2 Financial Statement (5)2 Financial Statement (6)2 Financial Statement (7)2 Financial Statement (8)LISTING OF SUBSIDIARIESLISTING OF SUBS (1)NO TITLE (2)NO TITLE (3)NO TITLE (4)NO TITLE (5)NO TITLE (6)U }0}$ }U}$
Enstar Group LTD10K
03/04/2010
EGI and BH Purchase price ~
} #
Direct costs of acquisition
~
Total purchase price~
)!Net assets acquired at fair value~
w0(Excess of net assets over purchase price~
(negative goodwill)$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/4x
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NO TITLEHamilton HM JXHamilton HM JX (1)!Reserves for Unpaid Losses and Reserves for Unpaid (1)Reserves for Unpaid (2)Reserves for Unpaid (3)Reserves for Unpaid (4)Reserves for Unpaid (5)Reserves for Unpaid (6)General A038E Exposures!Investment Committee and Invest
EquitiesEquities (1)Equities (2)!Minimum Solvency Margin and ResMinimum Solvency Margin (1)!Conducting Insurance Business iCapital Releases RiskBased Capital RequirementsRiskBased Capital (1)Credit for Reinsurance!Our past and future acquisition!Fluctuations in the reinsurance!Our stock price may experience !Changes in US federal income taChanges in US federal (1)!COMPARISON OF 5 YEAR CUMULATIVECOMPARISON OF 5 YEAR (1)COMPARISON OF 5 YEAR (2)NO TITLE (1)COMPARISON OF 5 YEAR (3)!Net reduction in ultimate loss !Loss and Loss Adjustment ExpensLoss and Loss Adjustment (1)!Annual Loss and Loss Adjustment
Latent Claims!2 35 Billion Ultimate Industry 2 35 Billion Ultimate (1)2 35 Billion Ultimate (2)Fixed Maturity InvestmentsFixed Maturity (1)Fixed Maturity (2)!Net Investment Income and Net R Net Investment Income and (1) Net Investment Income and (2) Net Investment Income and (3) Net Investment Income and (4) Net Investment Income and (5) Net Investment Income and (6) Net Investment Income and (7) Net Investment Income and (8) Net Investment Income and (9)!Net Investment Income and (10)!Net Investment Income and (11)!Net Investment Income and (12)!Net Investment Income and (13)!Net Investment Income and (14)!Net Investment Income and (15)!Net Investment Income and (16)!Net Investment Income and (17)!Net Investment Income and (18)!Net Investment Income and (19)!Net Investment Income and (20)!Net Investment Income and (21)!Net Investment Income and (22)!Net Investment Income and (23)!Net Investment Income and (24)Reinsurance RecoverablesReinsurance Rec (1)!Aggregate Contractual Obligatio!of Investments Classified as Tr of Investments Classified (1) of Investments Classified (2) of Investments Classified (3)
Balance SheetIncome Statement of Investments Classified (4)Shareholders Equity
Cash Flows
EGI and BHEGI and BH (1)EGI and BH (2)EGI and BH (4)EGI and BH (5)EGI and BH (6)EGI and BH (7)EGI and BH (8)EGI and BH (9)EGI and BH (10)EGI and BH (11)EGI and BH (12)EGI and BH (13)EGI and BH (14)EGI and BH (15)EGI and BH (16)EGI and BH (17)EGI and BH (18)EGI and BH (19)EGI and BH (20)EGI and BH (21)EGI and BH (22)EGI and BH (23)Constellation ReinsuranceConstellation R (1)Constellation R (2)Constellation R (3)Constellation R (4)Constellation R (5)Constellation R (6)Constellation R (7)Constellation R (8)Constellation R (9)Constellation R (10)Constellation R (11)Constellation R (12)Constellation R (13)Constellation R (14)Constellation R (15)Constellation R (16)Constellation R (17)Constellation R (18)!OtherThanTemporary Impairment POtherThanTemporary (1)OtherThanTemporary (2)OtherThanTemporary (3)OtherThanTemporary (4)OtherThanTemporary (5)OtherThanTemporary (6)OtherThanTemporary (7)OtherThanTemporary (8)OtherThanTemporary (9)OtherThanTemporary (10)OtherThanTemporary (11)OtherThanTemporary (12)OtherThanTemporary (13)OtherThanTemporary (14)!iii Enstar Group Limited Employiii Enstar Group Limited (1)iii Enstar Group Limited (2)iii Enstar Group Limited (3)iii Enstar Group Limited (4)iii Enstar Group Limited (5)iii Enstar Group Limited (6)iii Enstar Group Limited (7)iii Enstar Group Limited (8)iii Enstar Group Limited (9) iii Enstar Group Limited (10) iii Enstar Group Limited (11) iii Enstar Group Limited (12) iii Enstar Group Limited (13) iii Enstar Group Limited (14) iii Enstar Group Limited (15)Balance Sheet (1)Income Statemen (1)Cash Flows (1)Summary CompensationBeneficial Ownership!2 Financial Statement Schedules2 Financial Statement (1)2 Financial Statement (2)2 Financial Statement (3)2 Financial Statement (4)2 Financial Statement (5)2 Financial Statement (6)2 Financial Statement (7)2 Financial Statement (8)LISTING OF SUBSIDIARIESLISTING OF SUBS (1)NO TITLE (2)NO TITLE (3)NO TITLE (4)NO TITLE (5)NO TITLE (6)U }2}$ }}$
Enstar Group LTD10K
03/04/2010
EGI and BH Cash ~
H
Restricted cash
~
z
Investments:2*Shortterm investments, availableforsale~
!
Fixed maturities, trading
~
R
Total investments~
0(Accounts receivable and accrued interest~
W'Reinsurance balances receivable~
Other assets~
x+#Losses and loss adjustment expenses~
2*Insurance and reinsurance balances payable~
n!Accounts payable~
B)!Net assets acquired at fair value~
w$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/@Dx<q v'dQt8, =PF0*8X>
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NO TITLEHamilton HM JXHamilton HM JX (1)!Reserves for Unpaid Losses and Reserves for Unpaid (1)Reserves for Unpaid (2)Reserves for Unpaid (3)Reserves for Unpaid (4)Reserves for Unpaid (5)Reserves for Unpaid (6)General A038E Exposures!Investment Committee and Invest
EquitiesEquities (1)Equities (2)!Minimum Solvency Margin and ResMinimum Solvency Margin (1)!Conducting Insurance Business iCapital Releases RiskBased Capital RequirementsRiskBased Capital (1)Credit for Reinsurance!Our past and future acquisition!Fluctuations in the reinsurance!Our stock price may experience !Changes in US federal income taChanges in US federal (1)!COMPARISON OF 5 YEAR CUMULATIVECOMPARISON OF 5 YEAR (1)COMPARISON OF 5 YEAR (2)NO TITLE (1)COMPARISON OF 5 YEAR (3)!Net reduction in ultimate loss !Loss and Loss Adjustment ExpensLoss and Loss Adjustment (1)!Annual Loss and Loss Adjustment
Latent Claims!2 35 Billion Ultimate Industry 2 35 Billion Ultimate (1)2 35 Billion Ultimate (2)Fixed Maturity InvestmentsFixed Maturity (1)Fixed Maturity (2)!Net Investment Income and Net R Net Investment Income and (1) Net Investment Income and (2) Net Investment Income and (3) Net Investment Income and (4) Net Investment Income and (5) Net Investment Income and (6) Net Investment Income and (7) Net Investment Income and (8) Net Investment Income and (9)!Net Investment Income and (10)!Net Investment Income and (11)!Net Investment Income and (12)!Net Investment Income and (13)!Net Investment Income and (14)!Net Investment Income and (15)!Net Investment Income and (16)!Net Investment Income and (17)!Net Investment Income and (18)!Net Investment Income and (19)!Net Investment Income and (20)!Net Investment Income and (21)!Net Investment Income and (22)!Net Investment Income and (23)!Net Investment Income and (24)Reinsurance RecoverablesReinsurance Rec (1)!Aggregate Contractual Obligatio!of Investments Classified as Tr of Investments Classified (1) of Investments Classified (2) of Investments Classified (3)
Balance SheetIncome Statement of Investments Classified (4)Shareholders Equity
Cash Flows
EGI and BHEGI and BH (1)EGI and BH (2)EGI and BH (3)EGI and BH (5)EGI and BH (6)EGI and BH (7)EGI and BH (8)EGI and BH (9)EGI and BH (10)EGI and BH (11)EGI and BH (12)EGI and BH (13)EGI and BH (14)EGI and BH (15)EGI and BH (16)EGI and BH (17)EGI and BH (18)EGI and BH (19)EGI and BH (20)EGI and BH (21)EGI and BH (22)EGI and BH (23)Constellation ReinsuranceConstellation R (1)Constellation R (2)Constellation R (3)Constellation R (4)Constellation R (5)Constellation R (6)Constellation R (7)Constellation R (8)Constellation R (9)Constellation R (10)Constellation R (11)Constellation R (12)Constellation R (13)Constellation R (14)Constellation R (15)Constellation R (16)Constellation R (17)Constellation R (18)!OtherThanTemporary Impairment POtherThanTemporary (1)OtherThanTemporary (2)OtherThanTemporary (3)OtherThanTemporary (4)OtherThanTemporary (5)OtherThanTemporary (6)OtherThanTemporary (7)OtherThanTemporary (8)OtherThanTemporary (9)OtherThanTemporary (10)OtherThanTemporary (11)OtherThanTemporary (12)OtherThanTemporary (13)OtherThanTemporary (14)!iii Enstar Group Limited Employiii Enstar Group Limited (1)iii Enstar Group Limited (2)iii Enstar Group Limited (3)iii Enstar Group Limited (4)iii Enstar Group Limited (5)iii Enstar Group Limited (6)iii Enstar Group Limited (7)iii Enstar Group Limited (8)iii Enstar Group Limited (9) iii Enstar Group Limited (10) iii Enstar Group Limited (11) iii Enstar Group Limited (12) iii Enstar Group Limited (13) iii Enstar Group Limited (14) iii Enstar Group Limited (15)Balance Sheet (1)Income Statemen (1)Cash Flows (1)Summary CompensationBeneficial Ownership!2 Financial Statement Schedules2 Financial Statement (1)2 Financial Statement (2)2 Financial Statement (3)2 Financial Statement (4)2 Financial Statement (5)2 Financial Statement (6)2 Financial Statement (7)2 Financial Statement (8)LISTING OF SUBSIDIARIESLISTING OF SUBS (1)NO TITLE (2)NO TITLE (3)NO TITLE (4)NO TITLE (5)NO TITLE (6)U }<(}$ }$}$
Enstar Group LTD10K
03/04/2010
EGI and BH Purchase price ~
rZ #
Direct costs of acquisition
~
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Total purchase price~
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NO TITLEHamilton HM JXHamilton HM JX (1)!Reserves for Unpaid Losses and Reserves for Unpaid (1)Reserves for Unpaid (2)Reserves for Unpaid (3)Reserves for Unpaid (4)Reserves for Unpaid (5)Reserves for Unpaid (6)General A038E Exposures!Investment Committee and Invest
EquitiesEquities (1)Equities (2)!Minimum Solvency Margin and ResMinimum Solvency Margin (1)!Conducting Insurance Business iCapital Releases RiskBased Capital RequirementsRiskBased Capital (1)Credit for Reinsurance!Our past and future acquisition!Fluctuations in the reinsurance!Our stock price may experience !Changes in US federal income taChanges in US federal (1)!COMPARISON OF 5 YEAR CUMULATIVECOMPARISON OF 5 YEAR (1)COMPARISON OF 5 YEAR (2)NO TITLE (1)COMPARISON OF 5 YEAR (3)!Net reduction in ultimate loss !Loss and Loss Adjustment ExpensLoss and Loss Adjustment (1)!Annual Loss and Loss Adjustment
Latent Claims!2 35 Billion Ultimate Industry 2 35 Billion Ultimate (1)2 35 Billion Ultimate (2)Fixed Maturity InvestmentsFixed Maturity (1)Fixed Maturity (2)!Net Investment Income and Net R Net Investment Income and (1) Net Investment Income and (2) Net Investment Income and (3) Net Investment Income and (4) Net Investment Income and (5) Net Investment Income and (6) Net Investment Income and (7) Net Investment Income and (8) Net Investment Income and (9)!Net Investment Income and (10)!Net Investment Income and (11)!Net Investment Income and (12)!Net Investment Income and (13)!Net Investment Income and (14)!Net Investment Income and (15)!Net Investment Income and (16)!Net Investment Income and (17)!Net Investment Income and (18)!Net Investment Income and (19)!Net Investment Income and (20)!Net Investment Income and (21)!Net Investment Income and (22)!Net Investment Income and (23)!Net Investment Income and (24)Reinsurance RecoverablesReinsurance Rec (1)!Aggregate Contractual Obligatio!of Investments Classified as Tr of Investments Classified (1) of Investments Classified (2) of Investments Classified (3)
Balance SheetIncome Statement of Investments Classified (4)Shareholders Equity
Cash Flows
EGI and BHEGI and BH (1)EGI and BH (2)EGI and BH (3)EGI and BH (4)EGI and BH (6)EGI and BH (7)EGI and BH (8)EGI and BH (9)EGI and BH (10)EGI and BH (11)EGI and BH (12)EGI and BH (13)EGI and BH (14)EGI and BH (15)EGI and BH (16)EGI and BH (17)EGI and BH (18)EGI and BH (19)EGI and BH (20)EGI and BH (21)EGI and BH (22)EGI and BH (23)Constellation ReinsuranceConstellation R (1)Constellation R (2)Constellation R (3)Constellation R (4)Constellation R (5)Constellation R (6)Constellation R (7)Constellation R (8)Constellation R (9)Constellation R (10)Constellation R (11)Constellation R (12)Constellation R (13)Constellation R (14)Constellation R (15)Constellation R (16)Constellation R (17)Constellation R (18)!OtherThanTemporary Impairment POtherThanTemporary (1)OtherThanTemporary (2)OtherThanTemporary (3)OtherThanTemporary (4)OtherThanTemporary (5)OtherThanTemporary (6)OtherThanTemporary (7)OtherThanTemporary (8)OtherThanTemporary (9)OtherThanTemporary (10)OtherThanTemporary (11)OtherThanTemporary (12)OtherThanTemporary (13)OtherThanTemporary (14)!iii Enstar Group Limited Employiii Enstar Group Limited (1)iii Enstar Group Limited (2)iii Enstar Group Limited (3)iii Enstar Group Limited (4)iii Enstar Group Limited (5)iii Enstar Group Limited (6)iii Enstar Group Limited (7)iii Enstar Group Limited (8)iii Enstar Group Limited (9) iii Enstar Group Limited (10) iii Enstar Group Limited (11) iii Enstar Group Limited (12) iii Enstar Group Limited (13) iii Enstar Group Limited (14) iii Enstar Group Limited (15)Balance Sheet (1)Income Statemen (1)Cash Flows (1)Summary CompensationBeneficial Ownership!2 Financial Statement Schedules2 Financial Statement (1)2 Financial Statement (2)2 Financial Statement (3)2 Financial Statement (4)2 Financial Statement (5)2 Financial Statement (6)2 Financial Statement (7)2 Financial Statement (8)LISTING OF SUBSIDIARIESLISTING OF SUBS (1)NO TITLE (2)NO TITLE (3)NO TITLE (4)NO TITLE (5)NO TITLE (6)U }*}$ }
}$
Enstar Group LTD10K
03/04/2010
EGI and BH Cash ~
F
Restricted cash
~
&A
'Reinsurance balances receivable~
~+#Losses and loss adjustment expenses~
Q
)!Net assets acquired at fair value~
[$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/.x<\l0$=PF0*8X>
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NO TITLEHamilton HM JXHamilton HM JX (1)!Reserves for Unpaid Losses and Reserves for Unpaid (1)Reserves for Unpaid (2)Reserves for Unpaid (3)Reserves for Unpaid (4)Reserves for Unpaid (5)Reserves for Unpaid (6)General A038E Exposures!Investment Committee and Invest
EquitiesEquities (1)Equities (2)!Minimum Solvency Margin and ResMinimum Solvency Margin (1)!Conducting Insurance Business iCapital Releases RiskBased Capital RequirementsRiskBased Capital (1)Credit for Reinsurance!Our past and future acquisition!Fluctuations in the reinsurance!Our stock price may experience !Changes in US federal income taChanges in US federal (1)!COMPARISON OF 5 YEAR CUMULATIVECOMPARISON OF 5 YEAR (1)COMPARISON OF 5 YEAR (2)NO TITLE (1)COMPARISON OF 5 YEAR (3)!Net reduction in ultimate loss !Loss and Loss Adjustment ExpensLoss and Loss Adjustment (1)!Annual Loss and Loss Adjustment
Latent Claims!2 35 Billion Ultimate Industry 2 35 Billion Ultimate (1)2 35 Billion Ultimate (2)Fixed Maturity InvestmentsFixed Maturity (1)Fixed Maturity (2)!Net Investment Income and Net R Net Investment Income and (1) Net Investment Income and (2) Net Investment Income and (3) Net Investment Income and (4) Net Investment Income and (5) Net Investment Income and (6) Net Investment Income and (7) Net Investment Income and (8) Net Investment Income and (9)!Net Investment Income and (10)!Net Investment Income and (11)!Net Investment Income and (12)!Net Investment Income and (13)!Net Investment Income and (14)!Net Investment Income and (15)!Net Investment Income and (16)!Net Investment Income and (17)!Net Investment Income and (18)!Net Investment Income and (19)!Net Investment Income and (20)!Net Investment Income and (21)!Net Investment Income and (22)!Net Investment Income and (23)!Net Investment Income and (24)Reinsurance RecoverablesReinsurance Rec (1)!Aggregate Contractual Obligatio!of Investments Classified as Tr of Investments Classified (1) of Investments Classified (2) of Investments Classified (3)
Balance SheetIncome Statement of Investments Classified (4)Shareholders Equity
Cash Flows
EGI and BHEGI and BH (1)EGI and BH (2)EGI and BH (3)EGI and BH (4)EGI and BH (5)EGI and BH (7)EGI and BH (8)EGI and BH (9)EGI and BH (10)EGI and BH (11)EGI and BH (12)EGI and BH (13)EGI and BH (14)EGI and BH (15)EGI and BH (16)EGI and BH (17)EGI and BH (18)EGI and BH (19)EGI and BH (20)EGI and BH (21)EGI and BH (22)EGI and BH (23)Constellation ReinsuranceConstellation R (1)Constellation R (2)Constellation R (3)Constellation R (4)Constellation R (5)Constellation R (6)Constellation R (7)Constellation R (8)Constellation R (9)Constellation R (10)Constellation R (11)Constellation R (12)Constellation R (13)Constellation R (14)Constellation R (15)Constellation R (16)Constellation R (17)Constellation R (18)!OtherThanTemporary Impairment POtherThanTemporary (1)OtherThanTemporary (2)OtherThanTemporary (3)OtherThanTemporary (4)OtherThanTemporary (5)OtherThanTemporary (6)OtherThanTemporary (7)OtherThanTemporary (8)OtherThanTemporary (9)OtherThanTemporary (10)OtherThanTemporary (11)OtherThanTemporary (12)OtherThanTemporary (13)OtherThanTemporary (14)!iii Enstar Group Limited Employiii Enstar Group Limited (1)iii Enstar Group Limited (2)iii Enstar Group Limited (3)iii Enstar Group Limited (4)iii Enstar Group Limited (5)iii Enstar Group Limited (6)iii Enstar Group Limited (7)iii Enstar Group Limited (8)iii Enstar Group Limited (9) iii Enstar Group Limited (10) iii Enstar Group Limited (11) iii Enstar Group Limited (12) iii Enstar Group Limited (13) iii Enstar Group Limited (14) iii Enstar Group Limited (15)Balance Sheet (1)Income Statemen (1)Cash Flows (1)Summary CompensationBeneficial Ownership!2 Financial Statement Schedules2 Financial Statement (1)2 Financial Statement (2)2 Financial Statement (3)2 Financial Statement (4)2 Financial Statement (5)2 Financial Statement (6)2 Financial Statement (7)2 Financial Statement (8)LISTING OF SUBSIDIARIESLISTING OF SUBS (1)NO TITLE (2)NO TITLE (3)NO TITLE (4)NO TITLE (5)NO TITLE (6)U }<(}$ }U}$
Enstar Group LTD10K
03/04/2010
EGI and BH Purchase price ~
#
Direct costs of acquisition
~
Total purchase price~
)!Net assets acquired at fair value~
$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/.x=PF0*8X>
@2
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NO TITLEHamilton HM JXHamilton HM JX (1)!Reserves for Unpaid Losses and Reserves for Unpaid (1)Reserves for Unpaid (2)Reserves for Unpaid (3)Reserves for Unpaid (4)Reserves for Unpaid (5)Reserves for Unpaid (6)General A038E Exposures!Investment Committee and Invest
EquitiesEquities (1)Equities (2)!Minimum Solvency Margin and ResMinimum Solvency Margin (1)!Conducting Insurance Business iCapital Releases RiskBased Capital RequirementsRiskBased Capital (1)Credit for Reinsurance!Our past and future acquisition!Fluctuations in the reinsurance!Our stock price may experience !Changes in US federal income taChanges in US federal (1)!COMPARISON OF 5 YEAR CUMULATIVECOMPARISON OF 5 YEAR (1)COMPARISON OF 5 YEAR (2)NO TITLE (1)COMPARISON OF 5 YEAR (3)!Net reduction in ultimate loss !Loss and Loss Adjustment ExpensLoss and Loss Adjustment (1)!Annual Loss and Loss Adjustment
Latent Claims!2 35 Billion Ultimate Industry 2 35 Billion Ultimate (1)2 35 Billion Ultimate (2)Fixed Maturity InvestmentsFixed Maturity (1)Fixed Maturity (2)!Net Investment Income and Net R Net Investment Income and (1) Net Investment Income and (2) Net Investment Income and (3) Net Investment Income and (4) Net Investment Income and (5) Net Investment Income and (6) Net Investment Income and (7) Net Investment Income and (8) Net Investment Income and (9)!Net Investment Income and (10)!Net Investment Income and (11)!Net Investment Income and (12)!Net Investment Income and (13)!Net Investment Income and (14)!Net Investment Income and (15)!Net Investment Income and (16)!Net Investment Income and (17)!Net Investment Income and (18)!Net Investment Income and (19)!Net Investment Income and (20)!Net Investment Income and (21)!Net Investment Income and (22)!Net Investment Income and (23)!Net Investment Income and (24)Reinsurance RecoverablesReinsurance Rec (1)!Aggregate Contractual Obligatio!of Investments Classified as Tr of Investments Classified (1) of Investments Classified (2) of Investments Classified (3)
Balance SheetIncome Statement of Investments Classified (4)Shareholders Equity
Cash Flows
EGI and BHEGI and BH (1)EGI and BH (2)EGI and BH (3)EGI and BH (4)EGI and BH (5)EGI and BH (6)EGI and BH (8)EGI and BH (9)EGI and BH (10)EGI and BH (11)EGI and BH (12)EGI and BH (13)EGI and BH (14)EGI and BH (15)EGI and BH (16)EGI and BH (17)EGI and BH (18)EGI and BH (19)EGI and BH (20)EGI and BH (21)EGI and BH (22)EGI and BH (23)Constellation ReinsuranceConstellation R (1)Constellation R (2)Constellation R (3)Constellation R (4)Constellation R (5)Constellation R (6)Constellation R (7)Constellation R (8)Constellation R (9)Constellation R (10)Constellation R (11)Constellation R (12)Constellation R (13)Constellation R (14)Constellation R (15)Constellation R (16)Constellation R (17)Constellation R (18)!OtherThanTemporary Impairment POtherThanTemporary (1)OtherThanTemporary (2)OtherThanTemporary (3)OtherThanTemporary (4)OtherThanTemporary (5)OtherThanTemporary (6)OtherThanTemporary (7)OtherThanTemporary (8)OtherThanTemporary (9)OtherThanTemporary (10)OtherThanTemporary (11)OtherThanTemporary (12)OtherThanTemporary (13)OtherThanTemporary (14)!iii Enstar Group Limited Employiii Enstar Group Limited (1)iii Enstar Group Limited (2)iii Enstar Group Limited (3)iii Enstar Group Limited (4)iii Enstar Group Limited (5)iii Enstar Group Limited (6)iii Enstar Group Limited (7)iii Enstar Group Limited (8)iii Enstar Group Limited (9) iii Enstar Group Limited (10) iii Enstar Group Limited (11) iii Enstar Group Limited (12) iii Enstar Group Limited (13) iii Enstar Group Limited (14) iii Enstar Group Limited (15)Balance Sheet (1)Income Statemen (1)Cash Flows (1)Summary CompensationBeneficial Ownership!2 Financial Statement Schedules2 Financial Statement (1)2 Financial Statement (2)2 Financial Statement (3)2 Financial Statement (4)2 Financial Statement (5)2 Financial Statement (6)2 Financial Statement (7)2 Financial Statement (8)LISTING OF SUBSIDIARIESLISTING OF SUBS (1)NO TITLE (2)NO TITLE (3)NO TITLE (4)NO TITLE (5)NO TITLE (6)U }2}$ }
}$
Enstar Group LTD10K
03/04/2010
EGI and BH Cash ~
q
Restricted cash
~
W
Investments:2*Shortterm investments, availableforsale~
r,
$Fixed maturities, availableforsale
~
*
Total investments~
0(Accounts receivable and accrued interest~
J
'Reinsurance balances receivable~
B+#Losses and loss adjustment expenses~
@2*Insurance and reinsurance balances payable~
.Accounts payable~
N)!Net assets acquired at fair value~
$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/>v0x<q kYBwk_7=PF0*8X>
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NO TITLEHamilton HM JXHamilton HM JX (1)!Reserves for Unpaid Losses and Reserves for Unpaid (1)Reserves for Unpaid (2)Reserves for Unpaid (3)Reserves for Unpaid (4)Reserves for Unpaid (5)Reserves for Unpaid (6)General A038E Exposures!Investment Committee and Invest
EquitiesEquities (1)Equities (2)!Minimum Solvency Margin and ResMinimum Solvency Margin (1)!Conducting Insurance Business iCapital Releases RiskBased Capital RequirementsRiskBased Capital (1)Credit for Reinsurance!Our past and future acquisition!Fluctuations in the reinsurance!Our stock price may experience !Changes in US federal income taChanges in US federal (1)!COMPARISON OF 5 YEAR CUMULATIVECOMPARISON OF 5 YEAR (1)COMPARISON OF 5 YEAR (2)NO TITLE (1)COMPARISON OF 5 YEAR (3)!Net reduction in ultimate loss !Loss and Loss Adjustment ExpensLoss and Loss Adjustment (1)!Annual Loss and Loss Adjustment
Latent Claims!2 35 Billion Ultimate Industry 2 35 Billion Ultimate (1)2 35 Billion Ultimate (2)Fixed Maturity InvestmentsFixed Maturity (1)Fixed Maturity (2)!Net Investment Income and Net R Net Investment Income and (1) Net Investment Income and (2) Net Investment Income and (3) Net Investment Income and (4) Net Investment Income and (5) Net Investment Income and (6) Net Investment Income and (7) Net Investment Income and (8) Net Investment Income and (9)!Net Investment Income and (10)!Net Investment Income and (11)!Net Investment Income and (12)!Net Investment Income and (13)!Net Investment Income and (14)!Net Investment Income and (15)!Net Investment Income and (16)!Net Investment Income and (17)!Net Investment Income and (18)!Net Investment Income and (19)!Net Investment Income and (20)!Net Investment Income and (21)!Net Investment Income and (22)!Net Investment Income and (23)!Net Investment Income and (24)Reinsurance RecoverablesReinsurance Rec (1)!Aggregate Contractual Obligatio!of Investments Classified as Tr of Investments Classified (1) of Investments Classified (2) of Investments Classified (3)
Balance SheetIncome Statement of Investments Classified (4)Shareholders Equity
Cash Flows
EGI and BHEGI and BH (1)EGI and BH (2)EGI and BH (3)EGI and BH (4)EGI and BH (5)EGI and BH (6)EGI and BH (7)EGI and BH (9)EGI and BH (10)EGI and BH (11)EGI and BH (12)EGI and BH (13)EGI and BH (14)EGI and BH (15)EGI and BH (16)EGI and BH (17)EGI and BH (18)EGI and BH (19)EGI and BH (20)EGI and BH (21)EGI and BH (22)EGI and BH (23)Constellation ReinsuranceConstellation R (1)Constellation R (2)Constellation R (3)Constellation R (4)Constellation R (5)Constellation R (6)Constellation R (7)Constellation R (8)Constellation R (9)Constellation R (10)Constellation R (11)Constellation R (12)Constellation R (13)Constellation R (14)Constellation R (15)Constellation R (16)Constellation R (17)Constellation R (18)!OtherThanTemporary Impairment POtherThanTemporary (1)OtherThanTemporary (2)OtherThanTemporary (3)OtherThanTemporary (4)OtherThanTemporary (5)OtherThanTemporary (6)OtherThanTemporary (7)OtherThanTemporary (8)OtherThanTemporary (9)OtherThanTemporary (10)OtherThanTemporary (11)OtherThanTemporary (12)OtherThanTemporary (13)OtherThanTemporary (14)!iii Enstar Group Limited Employiii Enstar Group Limited (1)iii Enstar Group Limited (2)iii Enstar Group Limited (3)iii Enstar Group Limited (4)iii Enstar Group Limited (5)iii Enstar Group Limited (6)iii Enstar Group Limited (7)iii Enstar Group Limited (8)iii Enstar Group Limited (9) iii Enstar Group Limited (10) iii Enstar Group Limited (11) iii Enstar Group Limited (12) iii Enstar Group Limited (13) iii Enstar Group Limited (14) iii Enstar Group Limited (15)Balance Sheet (1)Income Statemen (1)Cash Flows (1)Summary CompensationBeneficial Ownership!2 Financial Statement Schedules2 Financial Statement (1)2 Financial Statement (2)2 Financial Statement (3)2 Financial Statement (4)2 Financial Statement (5)2 Financial Statement (6)2 Financial Statement (7)2 Financial Statement (8)LISTING OF SUBSIDIARIESLISTING OF SUBS (1)NO TITLE (2)NO TITLE (3)NO TITLE (4)NO TITLE (5)NO TITLE (6)U }<(}$ }U}$
Enstar Group LTD10K
03/04/2010
EGI and BH Purchase price ~
#
Direct costs of acquisition
~
Total purchase price~
J
)!Net assets acquired at fair value~
J$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/.x=PF0*8X>
@2
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NO TITLEHamilton HM JXHamilton HM JX (1)!Reserves for Unpaid Losses and Reserves for Unpaid (1)Reserves for Unpaid (2)Reserves for Unpaid (3)Reserves for Unpaid (4)Reserves for Unpaid (5)Reserves for Unpaid (6)General A038E Exposures!Investment Committee and Invest
EquitiesEquities (1)Equities (2)!Minimum Solvency Margin and ResMinimum Solvency Margin (1)!Conducting Insurance Business iCapital Releases RiskBased Capital RequirementsRiskBased Capital (1)Credit for Reinsurance!Our past and future acquisition!Fluctuations in the reinsurance!Our stock price may experience !Changes in US federal income taChanges in US federal (1)!COMPARISON OF 5 YEAR CUMULATIVECOMPARISON OF 5 YEAR (1)COMPARISON OF 5 YEAR (2)NO TITLE (1)COMPARISON OF 5 YEAR (3)!Net reduction in ultimate loss !Loss and Loss Adjustment ExpensLoss and Loss Adjustment (1)!Annual Loss and Loss Adjustment
Latent Claims!2 35 Billion Ultimate Industry 2 35 Billion Ultimate (1)2 35 Billion Ultimate (2)Fixed Maturity InvestmentsFixed Maturity (1)Fixed Maturity (2)!Net Investment Income and Net R Net Investment Income and (1) Net Investment Income and (2) Net Investment Income and (3) Net Investment Income and (4) Net Investment Income and (5) Net Investment Income and (6) Net Investment Income and (7) Net Investment Income and (8) Net Investment Income and (9)!Net Investment Income and (10)!Net Investment Income and (11)!Net Investment Income and (12)!Net Investment Income and (13)!Net Investment Income and (14)!Net Investment Income and (15)!Net Investment Income and (16)!Net Investment Income and (17)!Net Investment Income and (18)!Net Investment Income and (19)!Net Investment Income and (20)!Net Investment Income and (21)!Net Investment Income and (22)!Net Investment Income and (23)!Net Investment Income and (24)Reinsurance RecoverablesReinsurance Rec (1)!Aggregate Contractual Obligatio!of Investments Classified as Tr of Investments Classified (1) of Investments Classified (2) of Investments Classified (3)
Balance SheetIncome Statement of Investments Classified (4)Shareholders Equity
Cash Flows
EGI and BHEGI and BH (1)EGI and BH (2)EGI and BH (3)EGI and BH (4)EGI and BH (5)EGI and BH (6)EGI and BH (7)EGI and BH (8)EGI and BH (10)EGI and BH (11)EGI and BH (12)EGI and BH (13)EGI and BH (14)EGI and BH (15)EGI and BH (16)EGI and BH (17)EGI and BH (18)EGI and BH (19)EGI and BH (20)EGI and BH (21)EGI and BH (22)EGI and BH (23)Constellation ReinsuranceConstellation R (1)Constellation R (2)Constellation R (3)Constellation R (4)Constellation R (5)Constellation R (6)Constellation R (7)Constellation R (8)Constellation R (9)Constellation R (10)Constellation R (11)Constellation R (12)Constellation R (13)Constellation R (14)Constellation R (15)Constellation R (16)Constellation R (17)Constellation R (18)!OtherThanTemporary Impairment POtherThanTemporary (1)OtherThanTemporary (2)OtherThanTemporary (3)OtherThanTemporary (4)OtherThanTemporary (5)OtherThanTemporary (6)OtherThanTemporary (7)OtherThanTemporary (8)OtherThanTemporary (9)OtherThanTemporary (10)OtherThanTemporary (11)OtherThanTemporary (12)OtherThanTemporary (13)OtherThanTemporary (14)!iii Enstar Group Limited Employiii Enstar Group Limited (1)iii Enstar Group Limited (2)iii Enstar Group Limited (3)iii Enstar Group Limited (4)iii Enstar Group Limited (5)iii Enstar Group Limited (6)iii Enstar Group Limited (7)iii Enstar Group Limited (8)iii Enstar Group Limited (9) iii Enstar Group Limited (10) iii Enstar Group Limited (11) iii Enstar Group Limited (12) iii Enstar Group Limited (13) iii Enstar Group Limited (14) iii Enstar Group Limited (15)Balance Sheet (1)Income Statemen (1)Cash Flows (1)Summary CompensationBeneficial Ownership!2 Financial Statement Schedules2 Financial Statement (1)2 Financial Statement (2)2 Financial Statement (3)2 Financial Statement (4)2 Financial Statement (5)2 Financial Statement (6)2 Financial Statement (7)2 Financial Statement (8)LISTING OF SUBSIDIARIESLISTING OF SUBS (1)NO TITLE (2)NO TITLE (3)NO TITLE (4)NO TITLE (5)NO TITLE (6)U }0}$ }
}$
Enstar Group LTD10K
03/04/2010
EGI and BH Cash ~
f
Restricted cash
~
*@
0(Accounts receivable and accrued interest~
^H'Reinsurance balances receivable~
J+
#Losses and loss adjustment expenses
~
+
Accounts payable~
)!Net assets acquired at fair value~
J$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/2x<SGpd<=PF0*8X>
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NO TITLEHamilton HM JXHamilton HM JX (1)!Reserves for Unpaid Losses and Reserves for Unpaid (1)Reserves for Unpaid (2)Reserves for Unpaid (3)Reserves for Unpaid (4)Reserves for Unpaid (5)Reserves for Unpaid (6)General A038E Exposures!Investment Committee and Invest
EquitiesEquities (1)Equities (2)!Minimum Solvency Margin and ResMinimum Solvency Margin (1)!Conducting Insurance Business iCapital Releases RiskBased Capital RequirementsRiskBased Capital (1)Credit for Reinsurance!Our past and future acquisition!Fluctuations in the reinsurance!Our stock price may experience !Changes in US federal income taChanges in US federal (1)!COMPARISON OF 5 YEAR CUMULATIVECOMPARISON OF 5 YEAR (1)COMPARISON OF 5 YEAR (2)NO TITLE (1)COMPARISON OF 5 YEAR (3)!Net reduction in ultimate loss !Loss and Loss Adjustment ExpensLoss and Loss Adjustment (1)!Annual Loss and Loss Adjustment
Latent Claims!2 35 Billion Ultimate Industry 2 35 Billion Ultimate (1)2 35 Billion Ultimate (2)Fixed Maturity InvestmentsFixed Maturity (1)Fixed Maturity (2)!Net Investment Income and Net R Net Investment Income and (1) Net Investment Income and (2) Net Investment Income and (3) Net Investment Income and (4) Net Investment Income and (5) Net Investment Income and (6) Net Investment Income and (7) Net Investment Income and (8) Net Investment Income and (9)!Net Investment Income and (10)!Net Investment Income and (11)!Net Investment Income and (12)!Net Investment Income and (13)!Net Investment Income and (14)!Net Investment Income and (15)!Net Investment Income and (16)!Net Investment Income and (17)!Net Investment Income and (18)!Net Investment Income and (19)!Net Investment Income and (20)!Net Investment Income and (21)!Net Investment Income and (22)!Net Investment Income and (23)!Net Investment Income and (24)Reinsurance RecoverablesReinsurance Rec (1)!Aggregate Contractual Obligatio!of Investments Classified as Tr of Investments Classified (1) of Investments Classified (2) of Investments Classified (3)
Balance SheetIncome Statement of Investments Classified (4)Shareholders Equity
Cash Flows
EGI and BHEGI and BH (1)EGI and BH (2)EGI and BH (3)EGI and BH (4)EGI and BH (5)EGI and BH (6)EGI and BH (7)EGI and BH (8)EGI and BH (9)EGI and BH (11)EGI and BH (12)EGI and BH (13)EGI and BH (14)EGI and BH (15)EGI and BH (16)EGI and BH (17)EGI and BH (18)EGI and BH (19)EGI and BH (20)EGI and BH (21)EGI and BH (22)EGI and BH (23)Constellation ReinsuranceConstellation R (1)Constellation R (2)Constellation R (3)Constellation R (4)Constellation R (5)Constellation R (6)Constellation R (7)Constellation R (8)Constellation R (9)Constellation R (10)Constellation R (11)Constellation R (12)Constellation R (13)Constellation R (14)Constellation R (15)Constellation R (16)Constellation R (17)Constellation R (18)!OtherThanTemporary Impairment POtherThanTemporary (1)OtherThanTemporary (2)OtherThanTemporary (3)OtherThanTemporary (4)OtherThanTemporary (5)OtherThanTemporary (6)OtherThanTemporary (7)OtherThanTemporary (8)OtherThanTemporary (9)OtherThanTemporary (10)OtherThanTemporary (11)OtherThanTemporary (12)OtherThanTemporary (13)OtherThanTemporary (14)!iii Enstar Group Limited Employiii Enstar Group Limited (1)iii Enstar Group Limited (2)iii Enstar Group Limited (3)iii Enstar Group Limited (4)iii Enstar Group Limited (5)iii Enstar Group Limited (6)iii Enstar Group Limited (7)iii Enstar Group Limited (8)iii Enstar Group Limited (9) iii Enstar Group Limited (10) iii Enstar Group Limited (11) iii Enstar Group Limited (12) iii Enstar Group Limited (13) iii Enstar Group Limited (14) iii Enstar Group Limited (15)Balance Sheet (1)Income Statemen (1)Cash Flows (1)Summary CompensationBeneficial Ownership!2 Financial Statement Schedules2 Financial Statement (1)2 Financial Statement (2)2 Financial Statement (3)2 Financial Statement (4)2 Financial Statement (5)2 Financial Statement (6)2 Financial Statement (7)2 Financial Statement (8)LISTING OF SUBSIDIARIESLISTING OF SUBS (1)NO TITLE (2)NO TITLE (3)NO TITLE (4)NO TITLE (5)NO TITLE (6)U }0}$ }
}$
Enstar Group LTD10K
03/04/2010
EGI and BH Purchase price ~
z #
Direct costs of acquisition
~
C
Total purchase price~
)!Net assets acquired at fair value~
20(Excess of net assets over purchase price~
(negative goodwill).&Less noncontrolling interests share of~
Rnegative goodwill%Negative goodwill attributable to the~
%Company$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/>s0x
@B
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NO TITLEHamilton HM JXHamilton HM JX (1)!Reserves for Unpaid Losses and Reserves for Unpaid (1)Reserves for Unpaid (2)Reserves for Unpaid (3)Reserves for Unpaid (4)Reserves for Unpaid (5)Reserves for Unpaid (6)General A038E Exposures!Investment Committee and Invest
EquitiesEquities (1)Equities (2)!Minimum Solvency Margin and ResMinimum Solvency Margin (1)!Conducting Insurance Business iCapital Releases RiskBased Capital RequirementsRiskBased Capital (1)Credit for Reinsurance!Our past and future acquisition!Fluctuations in the reinsurance!Our stock price may experience !Changes in US federal income taChanges in US federal (1)!COMPARISON OF 5 YEAR CUMULATIVECOMPARISON OF 5 YEAR (1)COMPARISON OF 5 YEAR (2)NO TITLE (1)COMPARISON OF 5 YEAR (3)!Net reduction in ultimate loss !Loss and Loss Adjustment ExpensLoss and Loss Adjustment (1)!Annual Loss and Loss Adjustment
Latent Claims!2 35 Billion Ultimate Industry 2 35 Billion Ultimate (1)2 35 Billion Ultimate (2)Fixed Maturity InvestmentsFixed Maturity (1)Fixed Maturity (2)!Net Investment Income and Net R Net Investment Income and (1) Net Investment Income and (2) Net Investment Income and (3) Net Investment Income and (4) Net Investment Income and (5) Net Investment Income and (6) Net Investment Income and (7) Net Investment Income and (8) Net Investment Income and (9)!Net Investment Income and (10)!Net Investment Income and (11)!Net Investment Income and (12)!Net Investment Income and (13)!Net Investment Income and (14)!Net Investment Income and (15)!Net Investment Income and (16)!Net Investment Income and (17)!Net Investment Income and (18)!Net Investment Income and (19)!Net Investment Income and (20)!Net Investment Income and (21)!Net Investment Income and (22)!Net Investment Income and (23)!Net Investment Income and (24)Reinsurance RecoverablesReinsurance Rec (1)!Aggregate Contractual Obligatio!of Investments Classified as Tr of Investments Classified (1) of Investments Classified (2) of Investments Classified (3)
Balance SheetIncome Statement of Investments Classified (4)Shareholders Equity
Cash Flows
EGI and BHEGI and BH (1)EGI and BH (2)EGI and BH (3)EGI and BH (4)EGI and BH (5)EGI and BH (6)EGI and BH (7)EGI and BH (8)EGI and BH (9)EGI and BH (10)EGI and BH (12)EGI and BH (13)EGI and BH (14)EGI and BH (15)EGI and BH (16)EGI and BH (17)EGI and BH (18)EGI and BH (19)EGI and BH (20)EGI and BH (21)EGI and BH (22)EGI and BH (23)Constellation ReinsuranceConstellation R (1)Constellation R (2)Constellation R (3)Constellation R (4)Constellation R (5)Constellation R (6)Constellation R (7)Constellation R (8)Constellation R (9)Constellation R (10)Constellation R (11)Constellation R (12)Constellation R (13)Constellation R (14)Constellation R (15)Constellation R (16)Constellation R (17)Constellation R (18)!OtherThanTemporary Impairment POtherThanTemporary (1)OtherThanTemporary (2)OtherThanTemporary (3)OtherThanTemporary (4)OtherThanTemporary (5)OtherThanTemporary (6)OtherThanTemporary (7)OtherThanTemporary (8)OtherThanTemporary (9)OtherThanTemporary (10)OtherThanTemporary (11)OtherThanTemporary (12)OtherThanTemporary (13)OtherThanTemporary (14)!iii Enstar Group Limited Employiii Enstar Group Limited (1)iii Enstar Group Limited (2)iii Enstar Group Limited (3)iii Enstar Group Limited (4)iii Enstar Group Limited (5)iii Enstar Group Limited (6)iii Enstar Group Limited (7)iii Enstar Group Limited (8)iii Enstar Group Limited (9) iii Enstar Group Limited (10) iii Enstar Group Limited (11) iii Enstar Group Limited (12) iii Enstar Group Limited (13) iii Enstar Group Limited (14) iii Enstar Group Limited (15)Balance Sheet (1)Income Statemen (1)Cash Flows (1)Summary CompensationBeneficial Ownership!2 Financial Statement Schedules2 Financial Statement (1)2 Financial Statement (2)2 Financial Statement (3)2 Financial Statement (4)2 Financial Statement (5)2 Financial Statement (6)2 Financial Statement (7)2 Financial Statement (8)LISTING OF SUBSIDIARIESLISTING OF SUBS (1)NO TITLE (2)NO TITLE (3)NO TITLE (4)NO TITLE (5)NO TITLE (6)U }2}$ }}$
Enstar Group LTD10K
03/04/2010
EGI and BH Cash ~
Restricted cash
~
6
Investments:2*Shortterm investments, availableforsale~
,
$Fixed maturities, availableforsale
~
i
Other investments~
j(Total investments~
0(Accounts receivable and accrued interest~
V'Reinsurance balances receivable~
+#Losses and loss adjustment expenses~
2*Insurance and reinsurance balances payable~
Accounts payable~
F)!Net assets acquired at fair value~
2$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/@Dx<q Xg
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NO TITLEHamilton HM JXHamilton HM JX (1)!Reserves for Unpaid Losses and Reserves for Unpaid (1)Reserves for Unpaid (2)Reserves for Unpaid (3)Reserves for Unpaid (4)Reserves for Unpaid (5)Reserves for Unpaid (6)General A038E Exposures!Investment Committee and Invest
EquitiesEquities (1)Equities (2)!Minimum Solvency Margin and ResMinimum Solvency Margin (1)!Conducting Insurance Business iCapital Releases RiskBased Capital RequirementsRiskBased Capital (1)Credit for Reinsurance!Our past and future acquisition!Fluctuations in the reinsurance!Our stock price may experience !Changes in US federal income taChanges in US federal (1)!COMPARISON OF 5 YEAR CUMULATIVECOMPARISON OF 5 YEAR (1)COMPARISON OF 5 YEAR (2)NO TITLE (1)COMPARISON OF 5 YEAR (3)!Net reduction in ultimate loss !Loss and Loss Adjustment ExpensLoss and Loss Adjustment (1)!Annual Loss and Loss Adjustment
Latent Claims!2 35 Billion Ultimate Industry 2 35 Billion Ultimate (1)2 35 Billion Ultimate (2)Fixed Maturity InvestmentsFixed Maturity (1)Fixed Maturity (2)!Net Investment Income and Net R Net Investment Income and (1) Net Investment Income and (2) Net Investment Income and (3) Net Investment Income and (4) Net Investment Income and (5) Net Investment Income and (6) Net Investment Income and (7) Net Investment Income and (8) Net Investment Income and (9)!Net Investment Income and (10)!Net Investment Income and (11)!Net Investment Income and (12)!Net Investment Income and (13)!Net Investment Income and (14)!Net Investment Income and (15)!Net Investment Income and (16)!Net Investment Income and (17)!Net Investment Income and (18)!Net Investment Income and (19)!Net Investment Income and (20)!Net Investment Income and (21)!Net Investment Income and (22)!Net Investment Income and (23)!Net Investment Income and (24)Reinsurance RecoverablesReinsurance Rec (1)!Aggregate Contractual Obligatio!of Investments Classified as Tr of Investments Classified (1) of Investments Classified (2) of Investments Classified (3)
Balance SheetIncome Statement of Investments Classified (4)Shareholders Equity
Cash Flows
EGI and BHEGI and BH (1)EGI and BH (2)EGI and BH (3)EGI and BH (4)EGI and BH (5)EGI and BH (6)EGI and BH (7)EGI and BH (8)EGI and BH (9)EGI and BH (10)EGI and BH (11)EGI and BH (13)EGI and BH (14)EGI and BH (15)EGI and BH (16)EGI and BH (17)EGI and BH (18)EGI and BH (19)EGI and BH (20)EGI and BH (21)EGI and BH (22)EGI and BH (23)Constellation ReinsuranceConstellation R (1)Constellation R (2)Constellation R (3)Constellation R (4)Constellation R (5)Constellation R (6)Constellation R (7)Constellation R (8)Constellation R (9)Constellation R (10)Constellation R (11)Constellation R (12)Constellation R (13)Constellation R (14)Constellation R (15)Constellation R (16)Constellation R (17)Constellation R (18)!OtherThanTemporary Impairment POtherThanTemporary (1)OtherThanTemporary (2)OtherThanTemporary (3)OtherThanTemporary (4)OtherThanTemporary (5)OtherThanTemporary (6)OtherThanTemporary (7)OtherThanTemporary (8)OtherThanTemporary (9)OtherThanTemporary (10)OtherThanTemporary (11)OtherThanTemporary (12)OtherThanTemporary (13)OtherThanTemporary (14)!iii Enstar Group Limited Employiii Enstar Group Limited (1)iii Enstar Group Limited (2)iii Enstar Group Limited (3)iii Enstar Group Limited (4)iii Enstar Group Limited (5)iii Enstar Group Limited (6)iii Enstar Group Limited (7)iii Enstar Group Limited (8)iii Enstar Group Limited (9) iii Enstar Group Limited (10) iii Enstar Group Limited (11) iii Enstar Group Limited (12) iii Enstar Group Limited (13) iii Enstar Group Limited (14) iii Enstar Group Limited (15)Balance Sheet (1)Income Statemen (1)Cash Flows (1)Summary CompensationBeneficial Ownership!2 Financial Statement Schedules2 Financial Statement (1)2 Financial Statement (2)2 Financial Statement (3)2 Financial Statement (4)2 Financial Statement (5)2 Financial Statement (6)2 Financial Statement (7)2 Financial Statement (8)LISTING OF SUBSIDIARIESLISTING OF SUBS (1)NO TITLE (2)NO TITLE (3)NO TITLE (4)NO TITLE (5)NO TITLE (6)U }<(}$ }U}$
Enstar Group LTD10K
03/04/2010
EGI and BH Purchase price ~
r? #
Direct costs of acquisition
~
n
Total purchase price~
N
)!Net assets acquired at fair value~
N$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/.x=PF0*8X>
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NO TITLEHamilton HM JXHamilton HM JX (1)!Reserves for Unpaid Losses and Reserves for Unpaid (1)Reserves for Unpaid (2)Reserves for Unpaid (3)Reserves for Unpaid (4)Reserves for Unpaid (5)Reserves for Unpaid (6)General A038E Exposures!Investment Committee and Invest
EquitiesEquities (1)Equities (2)!Minimum Solvency Margin and ResMinimum Solvency Margin (1)!Conducting Insurance Business iCapital Releases RiskBased Capital RequirementsRiskBased Capital (1)Credit for Reinsurance!Our past and future acquisition!Fluctuations in the reinsurance!Our stock price may experience !Changes in US federal income taChanges in US federal (1)!COMPARISON OF 5 YEAR CUMULATIVECOMPARISON OF 5 YEAR (1)COMPARISON OF 5 YEAR (2)NO TITLE (1)COMPARISON OF 5 YEAR (3)!Net reduction in ultimate loss !Loss and Loss Adjustment ExpensLoss and Loss Adjustment (1)!Annual Loss and Loss Adjustment
Latent Claims!2 35 Billion Ultimate Industry 2 35 Billion Ultimate (1)2 35 Billion Ultimate (2)Fixed Maturity InvestmentsFixed Maturity (1)Fixed Maturity (2)!Net Investment Income and Net R Net Investment Income and (1) Net Investment Income and (2) Net Investment Income and (3) Net Investment Income and (4) Net Investment Income and (5) Net Investment Income and (6) Net Investment Income and (7) Net Investment Income and (8) Net Investment Income and (9)!Net Investment Income and (10)!Net Investment Income and (11)!Net Investment Income and (12)!Net Investment Income and (13)!Net Investment Income and (14)!Net Investment Income and (15)!Net Investment Income and (16)!Net Investment Income and (17)!Net Investment Income and (18)!Net Investment Income and (19)!Net Investment Income and (20)!Net Investment Income and (21)!Net Investment Income and (22)!Net Investment Income and (23)!Net Investment Income and (24)Reinsurance RecoverablesReinsurance Rec (1)!Aggregate Contractual Obligatio!of Investments Classified as Tr of Investments Classified (1) of Investments Classified (2) of Investments Classified (3)
Balance SheetIncome Statement of Investments Classified (4)Shareholders Equity
Cash Flows
EGI and BHEGI and BH (1)EGI and BH (2)EGI and BH (3)EGI and BH (4)EGI and BH (5)EGI and BH (6)EGI and BH (7)EGI and BH (8)EGI and BH (9)EGI and BH (10)EGI and BH (11)EGI and BH (12)EGI and BH (14)EGI and BH (15)EGI and BH (16)EGI and BH (17)EGI and BH (18)EGI and BH (19)EGI and BH (20)EGI and BH (21)EGI and BH (22)EGI and BH (23)Constellation ReinsuranceConstellation R (1)Constellation R (2)Constellation R (3)Constellation R (4)Constellation R (5)Constellation R (6)Constellation R (7)Constellation R (8)Constellation R (9)Constellation R (10)Constellation R (11)Constellation R (12)Constellation R (13)Constellation R (14)Constellation R (15)Constellation R (16)Constellation R (17)Constellation R (18)!OtherThanTemporary Impairment POtherThanTemporary (1)OtherThanTemporary (2)OtherThanTemporary (3)OtherThanTemporary (4)OtherThanTemporary (5)OtherThanTemporary (6)OtherThanTemporary (7)OtherThanTemporary (8)OtherThanTemporary (9)OtherThanTemporary (10)OtherThanTemporary (11)OtherThanTemporary (12)OtherThanTemporary (13)OtherThanTemporary (14)!iii Enstar Group Limited Employiii Enstar Group Limited (1)iii Enstar Group Limited (2)iii Enstar Group Limited (3)iii Enstar Group Limited (4)iii Enstar Group Limited (5)iii Enstar Group Limited (6)iii Enstar Group Limited (7)iii Enstar Group Limited (8)iii Enstar Group Limited (9) iii Enstar Group Limited (10) iii Enstar Group Limited (11) iii Enstar Group Limited (12) iii Enstar Group Limited (13) iii Enstar Group Limited (14) iii Enstar Group Limited (15)Balance Sheet (1)Income Statemen (1)Cash Flows (1)Summary CompensationBeneficial Ownership!2 Financial Statement Schedules2 Financial Statement (1)2 Financial Statement (2)2 Financial Statement (3)2 Financial Statement (4)2 Financial Statement (5)2 Financial Statement (6)2 Financial Statement (7)2 Financial Statement (8)LISTING OF SUBSIDIARIESLISTING OF SUBS (1)NO TITLE (2)NO TITLE (3)NO TITLE (4)NO TITLE (5)NO TITLE (6)U }2}$ }
}$
Enstar Group LTD10K
03/04/2010
EGI and BH Cash ~
F
Investments:
2*Shortterm investments, availableforsale~
Z,$Fixed maturities, availableforsale~
vP
Equities
~
Other investments~
r Total investments~
t'Reinsurance balances receivable~
x+#Losses and loss adjustment expenses~
2*Insurance and reinsurance balances payable~
^Accounts payable~
)!Net assets acquired at fair value~
N$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/>X0x<V_#w`$}U=PF0*8X>
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NO TITLEHamilton HM JXHamilton HM JX (1)!Reserves for Unpaid Losses and Reserves for Unpaid (1)Reserves for Unpaid (2)Reserves for Unpaid (3)Reserves for Unpaid (4)Reserves for Unpaid (5)Reserves for Unpaid (6)General A038E Exposures!Investment Committee and Invest
EquitiesEquities (1)Equities (2)!Minimum Solvency Margin and ResMinimum Solvency Margin (1)!Conducting Insurance Business iCapital Releases RiskBased Capital RequirementsRiskBased Capital (1)Credit for Reinsurance!Our past and future acquisition!Fluctuations in the reinsurance!Our stock price may experience !Changes in US federal income taChanges in US federal (1)!COMPARISON OF 5 YEAR CUMULATIVECOMPARISON OF 5 YEAR (1)COMPARISON OF 5 YEAR (2)NO TITLE (1)COMPARISON OF 5 YEAR (3)!Net reduction in ultimate loss !Loss and Loss Adjustment ExpensLoss and Loss Adjustment (1)!Annual Loss and Loss Adjustment
Latent Claims!2 35 Billion Ultimate Industry 2 35 Billion Ultimate (1)2 35 Billion Ultimate (2)Fixed Maturity InvestmentsFixed Maturity (1)Fixed Maturity (2)!Net Investment Income and Net R Net Investment Income and (1) Net Investment Income and (2) Net Investment Income and (3) Net Investment Income and (4) Net Investment Income and (5) Net Investment Income and (6) Net Investment Income and (7) Net Investment Income and (8) Net Investment Income and (9)!Net Investment Income and (10)!Net Investment Income and (11)!Net Investment Income and (12)!Net Investment Income and (13)!Net Investment Income and (14)!Net Investment Income and (15)!Net Investment Income and (16)!Net Investment Income and (17)!Net Investment Income and (18)!Net Investment Income and (19)!Net Investment Income and (20)!Net Investment Income and (21)!Net Investment Income and (22)!Net Investment Income and (23)!Net Investment Income and (24)Reinsurance RecoverablesReinsurance Rec (1)!Aggregate Contractual Obligatio!of Investments Classified as Tr of Investments Classified (1) of Investments Classified (2) of Investments Classified (3)
Balance SheetIncome Statement of Investments Classified (4)Shareholders Equity
Cash Flows
EGI and BHEGI and BH (1)EGI and BH (2)EGI and BH (3)EGI and BH (4)EGI and BH (5)EGI and BH (6)EGI and BH (7)EGI and BH (8)EGI and BH (9)EGI and BH (10)EGI and BH (11)EGI and BH (12)EGI and BH (13)EGI and BH (15)EGI and BH (16)EGI and BH (17)EGI and BH (18)EGI and BH (19)EGI and BH (20)EGI and BH (21)EGI and BH (22)EGI and BH (23)Constellation ReinsuranceConstellation R (1)Constellation R (2)Constellation R (3)Constellation R (4)Constellation R (5)Constellation R (6)Constellation R (7)Constellation R (8)Constellation R (9)Constellation R (10)Constellation R (11)Constellation R (12)Constellation R (13)Constellation R (14)Constellation R (15)Constellation R (16)Constellation R (17)Constellation R (18)!OtherThanTemporary Impairment POtherThanTemporary (1)OtherThanTemporary (2)OtherThanTemporary (3)OtherThanTemporary (4)OtherThanTemporary (5)OtherThanTemporary (6)OtherThanTemporary (7)OtherThanTemporary (8)OtherThanTemporary (9)OtherThanTemporary (10)OtherThanTemporary (11)OtherThanTemporary (12)OtherThanTemporary (13)OtherThanTemporary (14)!iii Enstar Group Limited Employiii Enstar Group Limited (1)iii Enstar Group Limited (2)iii Enstar Group Limited (3)iii Enstar Group Limited (4)iii Enstar Group Limited (5)iii Enstar Group Limited (6)iii Enstar Group Limited (7)iii Enstar Group Limited (8)iii Enstar Group Limited (9) iii Enstar Group Limited (10) iii Enstar Group Limited (11) iii Enstar Group Limited (12) iii Enstar Group Limited (13) iii Enstar Group Limited (14) iii Enstar Group Limited (15)Balance Sheet (1)Income Statemen (1)Cash Flows (1)Summary CompensationBeneficial Ownership!2 Financial Statement Schedules2 Financial Statement (1)2 Financial Statement (2)2 Financial Statement (3)2 Financial Statement (4)2 Financial Statement (5)2 Financial Statement (6)2 Financial Statement (7)2 Financial Statement (8)LISTING OF SUBSIDIARIESLISTING OF SUBS (1)NO TITLE (2)NO TITLE (3)NO TITLE (4)NO TITLE (5)NO TITLE (6)U }<(}$ }
}$
Enstar Group LTD10K
03/04/2010
EGI and BH Purchase price ~
v #
Direct costs of acquisition
~
J
Total purchase price~
)!Net assets acquired at fair value~
$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/.x=PF0*8X>
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NO TITLEHamilton HM JXHamilton HM JX (1)!Reserves for Unpaid Losses and Reserves for Unpaid (1)Reserves for Unpaid (2)Reserves for Unpaid (3)Reserves for Unpaid (4)Reserves for Unpaid (5)Reserves for Unpaid (6)General A038E Exposures!Investment Committee and Invest
EquitiesEquities (1)Equities (2)!Minimum Solvency Margin and ResMinimum Solvency Margin (1)!Conducting Insurance Business iCapital Releases RiskBased Capital RequirementsRiskBased Capital (1)Credit for Reinsurance!Our past and future acquisition!Fluctuations in the reinsurance!Our stock price may experience !Changes in US federal income taChanges in US federal (1)!COMPARISON OF 5 YEAR CUMULATIVECOMPARISON OF 5 YEAR (1)COMPARISON OF 5 YEAR (2)NO TITLE (1)COMPARISON OF 5 YEAR (3)!Net reduction in ultimate loss !Loss and Loss Adjustment ExpensLoss and Loss Adjustment (1)!Annual Loss and Loss Adjustment
Latent Claims!2 35 Billion Ultimate Industry 2 35 Billion Ultimate (1)2 35 Billion Ultimate (2)Fixed Maturity InvestmentsFixed Maturity (1)Fixed Maturity (2)!Net Investment Income and Net R Net Investment Income and (1) Net Investment Income and (2) Net Investment Income and (3) Net Investment Income and (4) Net Investment Income and (5) Net Investment Income and (6) Net Investment Income and (7) Net Investment Income and (8) Net Investment Income and (9)!Net Investment Income and (10)!Net Investment Income and (11)!Net Investment Income and (12)!Net Investment Income and (13)!Net Investment Income and (14)!Net Investment Income and (15)!Net Investment Income and (16)!Net Investment Income and (17)!Net Investment Income and (18)!Net Investment Income and (19)!Net Investment Income and (20)!Net Investment Income and (21)!Net Investment Income and (22)!Net Investment Income and (23)!Net Investment Income and (24)Reinsurance RecoverablesReinsurance Rec (1)!Aggregate Contractual Obligatio!of Investments Classified as Tr of Investments Classified (1) of Investments Classified (2) of Investments Classified (3)
Balance SheetIncome Statement of Investments Classified (4)Shareholders Equity
Cash Flows
EGI and BHEGI and BH (1)EGI and BH (2)EGI and BH (3)EGI and BH (4)EGI and BH (5)EGI and BH (6)EGI and BH (7)EGI and BH (8)EGI and BH (9)EGI and BH (10)EGI and BH (11)EGI and BH (12)EGI and BH (13)EGI and BH (14)EGI and BH (16)EGI and BH (17)EGI and BH (18)EGI and BH (19)EGI and BH (20)EGI and BH (21)EGI and BH (22)EGI and BH (23)Constellation ReinsuranceConstellation R (1)Constellation R (2)Constellation R (3)Constellation R (4)Constellation R (5)Constellation R (6)Constellation R (7)Constellation R (8)Constellation R (9)Constellation R (10)Constellation R (11)Constellation R (12)Constellation R (13)Constellation R (14)Constellation R (15)Constellation R (16)Constellation R (17)Constellation R (18)!OtherThanTemporary Impairment POtherThanTemporary (1)OtherThanTemporary (2)OtherThanTemporary (3)OtherThanTemporary (4)OtherThanTemporary (5)OtherThanTemporary (6)OtherThanTemporary (7)OtherThanTemporary (8)OtherThanTemporary (9)OtherThanTemporary (10)OtherThanTemporary (11)OtherThanTemporary (12)OtherThanTemporary (13)OtherThanTemporary (14)!iii Enstar Group Limited Employiii Enstar Group Limited (1)iii Enstar Group Limited (2)iii Enstar Group Limited (3)iii Enstar Group Limited (4)iii Enstar Group Limited (5)iii Enstar Group Limited (6)iii Enstar Group Limited (7)iii Enstar Group Limited (8)iii Enstar Group Limited (9) iii Enstar Group Limited (10) iii Enstar Group Limited (11) iii Enstar Group Limited (12) iii Enstar Group Limited (13) iii Enstar Group Limited (14) iii Enstar Group Limited (15)Balance Sheet (1)Income Statemen (1)Cash Flows (1)Summary CompensationBeneficial Ownership!2 Financial Statement Schedules2 Financial Statement (1)2 Financial Statement (2)2 Financial Statement (3)2 Financial Statement (4)2 Financial Statement (5)2 Financial Statement (6)2 Financial Statement (7)2 Financial Statement (8)LISTING OF SUBSIDIARIESLISTING OF SUBS (1)NO TITLE (2)NO TITLE (3)NO TITLE (4)NO TITLE (5)NO TITLE (6)U }2}$ }}$
Enstar Group LTD10K
03/04/2010
EGI and BH Cash ~
'
Reinsurance balances receivable
~
R
Other assets~
^+#Losses and loss adjustment expenses~
62
*Insurance and reinsurance balances payable
~
Accounts payable~
2{)!Net assets acquired at fair value~
$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/2x<_H}qe==PF0*8X>
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NO TITLEHamilton HM JXHamilton HM JX (1)!Reserves for Unpaid Losses and Reserves for Unpaid (1)Reserves for Unpaid (2)Reserves for Unpaid (3)Reserves for Unpaid (4)Reserves for Unpaid (5)Reserves for Unpaid (6)General A038E Exposures!Investment Committee and Invest
EquitiesEquities (1)Equities (2)!Minimum Solvency Margin and ResMinimum Solvency Margin (1)!Conducting Insurance Business iCapital Releases RiskBased Capital RequirementsRiskBased Capital (1)Credit for Reinsurance!Our past and future acquisition!Fluctuations in the reinsurance!Our stock price may experience !Changes in US federal income taChanges in US federal (1)!COMPARISON OF 5 YEAR CUMULATIVECOMPARISON OF 5 YEAR (1)COMPARISON OF 5 YEAR (2)NO TITLE (1)COMPARISON OF 5 YEAR (3)!Net reduction in ultimate loss !Loss and Loss Adjustment ExpensLoss and Loss Adjustment (1)!Annual Loss and Loss Adjustment
Latent Claims!2 35 Billion Ultimate Industry 2 35 Billion Ultimate (1)2 35 Billion Ultimate (2)Fixed Maturity InvestmentsFixed Maturity (1)Fixed Maturity (2)!Net Investment Income and Net R Net Investment Income and (1) Net Investment Income and (2) Net Investment Income and (3) Net Investment Income and (4) Net Investment Income and (5) Net Investment Income and (6) Net Investment Income and (7) Net Investment Income and (8) Net Investment Income and (9)!Net Investment Income and (10)!Net Investment Income and (11)!Net Investment Income and (12)!Net Investment Income and (13)!Net Investment Income and (14)!Net Investment Income and (15)!Net Investment Income and (16)!Net Investment Income and (17)!Net Investment Income and (18)!Net Investment Income and (19)!Net Investment Income and (20)!Net Investment Income and (21)!Net Investment Income and (22)!Net Investment Income and (23)!Net Investment Income and (24)Reinsurance RecoverablesReinsurance Rec (1)!Aggregate Contractual Obligatio!of Investments Classified as Tr of Investments Classified (1) of Investments Classified (2) of Investments Classified (3)
Balance SheetIncome Statement of Investments Classified (4)Shareholders Equity
Cash Flows
EGI and BHEGI and BH (1)EGI and BH (2)EGI and BH (3)EGI and BH (4)EGI and BH (5)EGI and BH (6)EGI and BH (7)EGI and BH (8)EGI and BH (9)EGI and BH (10)EGI and BH (11)EGI and BH (12)EGI and BH (13)EGI and BH (14)EGI and BH (15)EGI and BH (17)EGI and BH (18)EGI and BH (19)EGI and BH (20)EGI and BH (21)EGI and BH (22)EGI and BH (23)Constellation ReinsuranceConstellation R (1)Constellation R (2)Constellation R (3)Constellation R (4)Constellation R (5)Constellation R (6)Constellation R (7)Constellation R (8)Constellation R (9)Constellation R (10)Constellation R (11)Constellation R (12)Constellation R (13)Constellation R (14)Constellation R (15)Constellation R (16)Constellation R (17)Constellation R (18)!OtherThanTemporary Impairment POtherThanTemporary (1)OtherThanTemporary (2)OtherThanTemporary (3)OtherThanTemporary (4)OtherThanTemporary (5)OtherThanTemporary (6)OtherThanTemporary (7)OtherThanTemporary (8)OtherThanTemporary (9)OtherThanTemporary (10)OtherThanTemporary (11)OtherThanTemporary (12)OtherThanTemporary (13)OtherThanTemporary (14)!iii Enstar Group Limited Employiii Enstar Group Limited (1)iii Enstar Group Limited (2)iii Enstar Group Limited (3)iii Enstar Group Limited (4)iii Enstar Group Limited (5)iii Enstar Group Limited (6)iii Enstar Group Limited (7)iii Enstar Group Limited (8)iii Enstar Group Limited (9) iii Enstar Group Limited (10) iii Enstar Group Limited (11) iii Enstar Group Limited (12) iii Enstar Group Limited (13) iii Enstar Group Limited (14) iii Enstar Group Limited (15)Balance Sheet (1)Income Statemen (1)Cash Flows (1)Summary CompensationBeneficial Ownership!2 Financial Statement Schedules2 Financial Statement (1)2 Financial Statement (2)2 Financial Statement (3)2 Financial Statement (4)2 Financial Statement (5)2 Financial Statement (6)2 Financial Statement (7)2 Financial Statement (8)LISTING OF SUBSIDIARIESLISTING OF SUBS (1)NO TITLE (2)NO TITLE (3)NO TITLE (4)NO TITLE (5)NO TITLE (6)U }<(}$ }U}$
Enstar Group LTD10K
03/04/2010
EGI and BH Purchase price ~
2 #
Direct costs of acquisition
~
Total purchase price~
5
)!Net assets acquired at fair value~
5$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/.x=PF0*8X>
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NO TITLEHamilton HM JXHamilton HM JX (1)!Reserves for Unpaid Losses and Reserves for Unpaid (1)Reserves for Unpaid (2)Reserves for Unpaid (3)Reserves for Unpaid (4)Reserves for Unpaid (5)Reserves for Unpaid (6)General A038E Exposures!Investment Committee and Invest
EquitiesEquities (1)Equities (2)!Minimum Solvency Margin and ResMinimum Solvency Margin (1)!Conducting Insurance Business iCapital Releases RiskBased Capital RequirementsRiskBased Capital (1)Credit for Reinsurance!Our past and future acquisition!Fluctuations in the reinsurance!Our stock price may experience !Changes in US federal income taChanges in US federal (1)!COMPARISON OF 5 YEAR CUMULATIVECOMPARISON OF 5 YEAR (1)COMPARISON OF 5 YEAR (2)NO TITLE (1)COMPARISON OF 5 YEAR (3)!Net reduction in ultimate loss !Loss and Loss Adjustment ExpensLoss and Loss Adjustment (1)!Annual Loss and Loss Adjustment
Latent Claims!2 35 Billion Ultimate Industry 2 35 Billion Ultimate (1)2 35 Billion Ultimate (2)Fixed Maturity InvestmentsFixed Maturity (1)Fixed Maturity (2)!Net Investment Income and Net R Net Investment Income and (1) Net Investment Income and (2) Net Investment Income and (3) Net Investment Income and (4) Net Investment Income and (5) Net Investment Income and (6) Net Investment Income and (7) Net Investment Income and (8) Net Investment Income and (9)!Net Investment Income and (10)!Net Investment Income and (11)!Net Investment Income and (12)!Net Investment Income and (13)!Net Investment Income and (14)!Net Investment Income and (15)!Net Investment Income and (16)!Net Investment Income and (17)!Net Investment Income and (18)!Net Investment Income and (19)!Net Investment Income and (20)!Net Investment Income and (21)!Net Investment Income and (22)!Net Investment Income and (23)!Net Investment Income and (24)Reinsurance RecoverablesReinsurance Rec (1)!Aggregate Contractual Obligatio!of Investments Classified as Tr of Investments Classified (1) of Investments Classified (2) of Investments Classified (3)
Balance SheetIncome Statement of Investments Classified (4)Shareholders Equity
Cash Flows
EGI and BHEGI and BH (1)EGI and BH (2)EGI and BH (3)EGI and BH (4)EGI and BH (5)EGI and BH (6)EGI and BH (7)EGI and BH (8)EGI and BH (9)EGI and BH (10)EGI and BH (11)EGI and BH (12)EGI and BH (13)EGI and BH (14)EGI and BH (15)EGI and BH (16)EGI and BH (18)EGI and BH (19)EGI and BH (20)EGI and BH (21)EGI and BH (22)EGI and BH (23)Constellation ReinsuranceConstellation R (1)Constellation R (2)Constellation R (3)Constellation R (4)Constellation R (5)Constellation R (6)Constellation R (7)Constellation R (8)Constellation R (9)Constellation R (10)Constellation R (11)Constellation R (12)Constellation R (13)Constellation R (14)Constellation R (15)Constellation R (16)Constellation R (17)Constellation R (18)!OtherThanTemporary Impairment POtherThanTemporary (1)OtherThanTemporary (2)OtherThanTemporary (3)OtherThanTemporary (4)OtherThanTemporary (5)OtherThanTemporary (6)OtherThanTemporary (7)OtherThanTemporary (8)OtherThanTemporary (9)OtherThanTemporary (10)OtherThanTemporary (11)OtherThanTemporary (12)OtherThanTemporary (13)OtherThanTemporary (14)!iii Enstar Group Limited Employiii Enstar Group Limited (1)iii Enstar Group Limited (2)iii Enstar Group Limited (3)iii Enstar Group Limited (4)iii Enstar Group Limited (5)iii Enstar Group Limited (6)iii Enstar Group Limited (7)iii Enstar Group Limited (8)iii Enstar Group Limited (9) iii Enstar Group Limited (10) iii Enstar Group Limited (11) iii Enstar Group Limited (12) iii Enstar Group Limited (13) iii Enstar Group Limited (14) iii Enstar Group Limited (15)Balance Sheet (1)Income Statemen (1)Cash Flows (1)Summary CompensationBeneficial Ownership!2 Financial Statement Schedules2 Financial Statement (1)2 Financial Statement (2)2 Financial Statement (3)2 Financial Statement (4)2 Financial Statement (5)2 Financial Statement (6)2 Financial Statement (7)2 Financial Statement (8)LISTING OF SUBSIDIARIESLISTING OF SUBS (1)NO TITLE (2)NO TITLE (3)NO TITLE (4)NO TITLE (5)NO TITLE (6)U }7}$ }}$
Enstar Group LTD10K
03/04/2010
EGI and BH Cash ~
V
Restricted cash
~
6.Fixed maturity investments, availableforsale~
Other assets~
v+
#Losses and loss adjustment expenses
~
^
2*Insurance and reinsurance balances payable~
"Accounts payable~
Nt)!Net assets acquired at fair value~
5$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/4hx<M:]! =PF0*8X>
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NO TITLEHamilton HM JXHamilton HM JX (1)!Reserves for Unpaid Losses and Reserves for Unpaid (1)Reserves for Unpaid (2)Reserves for Unpaid (3)Reserves for Unpaid (4)Reserves for Unpaid (5)Reserves for Unpaid (6)General A038E Exposures!Investment Committee and Invest
EquitiesEquities (1)Equities (2)!Minimum Solvency Margin and ResMinimum Solvency Margin (1)!Conducting Insurance Business iCapital Releases RiskBased Capital RequirementsRiskBased Capital (1)Credit for Reinsurance!Our past and future acquisition!Fluctuations in the reinsurance!Our stock price may experience !Changes in US federal income taChanges in US federal (1)!COMPARISON OF 5 YEAR CUMULATIVECOMPARISON OF 5 YEAR (1)COMPARISON OF 5 YEAR (2)NO TITLE (1)COMPARISON OF 5 YEAR (3)!Net reduction in ultimate loss !Loss and Loss Adjustment ExpensLoss and Loss Adjustment (1)!Annual Loss and Loss Adjustment
Latent Claims!2 35 Billion Ultimate Industry 2 35 Billion Ultimate (1)2 35 Billion Ultimate (2)Fixed Maturity InvestmentsFixed Maturity (1)Fixed Maturity (2)!Net Investment Income and Net R Net Investment Income and (1) Net Investment Income and (2) Net Investment Income and (3) Net Investment Income and (4) Net Investment Income and (5) Net Investment Income and (6) Net Investment Income and (7) Net Investment Income and (8) Net Investment Income and (9)!Net Investment Income and (10)!Net Investment Income and (11)!Net Investment Income and (12)!Net Investment Income and (13)!Net Investment Income and (14)!Net Investment Income and (15)!Net Investment Income and (16)!Net Investment Income and (17)!Net Investment Income and (18)!Net Investment Income and (19)!Net Investment Income and (20)!Net Investment Income and (21)!Net Investment Income and (22)!Net Investment Income and (23)!Net Investment Income and (24)Reinsurance RecoverablesReinsurance Rec (1)!Aggregate Contractual Obligatio!of Investments Classified as Tr of Investments Classified (1) of Investments Classified (2) of Investments Classified (3)
Balance SheetIncome Statement of Investments Classified (4)Shareholders Equity
Cash Flows
EGI and BHEGI and BH (1)EGI and BH (2)EGI and BH (3)EGI and BH (4)EGI and BH (5)EGI and BH (6)EGI and BH (7)EGI and BH (8)EGI and BH (9)EGI and BH (10)EGI and BH (11)EGI and BH (12)EGI and BH (13)EGI and BH (14)EGI and BH (15)EGI and BH (16)EGI and BH (17)EGI and BH (19)EGI and BH (20)EGI and BH (21)EGI and BH (22)EGI and BH (23)Constellation ReinsuranceConstellation R (1)Constellation R (2)Constellation R (3)Constellation R (4)Constellation R (5)Constellation R (6)Constellation R (7)Constellation R (8)Constellation R (9)Constellation R (10)Constellation R (11)Constellation R (12)Constellation R (13)Constellation R (14)Constellation R (15)Constellation R (16)Constellation R (17)Constellation R (18)!OtherThanTemporary Impairment POtherThanTemporary (1)OtherThanTemporary (2)OtherThanTemporary (3)OtherThanTemporary (4)OtherThanTemporary (5)OtherThanTemporary (6)OtherThanTemporary (7)OtherThanTemporary (8)OtherThanTemporary (9)OtherThanTemporary (10)OtherThanTemporary (11)OtherThanTemporary (12)OtherThanTemporary (13)OtherThanTemporary (14)!iii Enstar Group Limited Employiii Enstar Group Limited (1)iii Enstar Group Limited (2)iii Enstar Group Limited (3)iii Enstar Group Limited (4)iii Enstar Group Limited (5)iii Enstar Group Limited (6)iii Enstar Group Limited (7)iii Enstar Group Limited (8)iii Enstar Group Limited (9) iii Enstar Group Limited (10) iii Enstar Group Limited (11) iii Enstar Group Limited (12) iii Enstar Group Limited (13) iii Enstar Group Limited (14) iii Enstar Group Limited (15)Balance Sheet (1)Income Statemen (1)Cash Flows (1)Summary CompensationBeneficial Ownership!2 Financial Statement Schedules2 Financial Statement (1)2 Financial Statement (2)2 Financial Statement (3)2 Financial Statement (4)2 Financial Statement (5)2 Financial Statement (6)2 Financial Statement (7)2 Financial Statement (8)LISTING OF SUBSIDIARIESLISTING OF SUBS (1)NO TITLE (2)NO TITLE (3)NO TITLE (4)NO TITLE (5)NO TITLE (6)U }<(}$ }U}$
Enstar Group LTD10K
03/04/2010
EGI and BH Purchase price ~
jS #
Direct costs of acquisition
~
j
Total purchase price~
W
)!Net assets acquired at fair value~
W$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/.x=PF0*8X>
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NO TITLEHamilton HM JXHamilton HM JX (1)!Reserves for Unpaid Losses and Reserves for Unpaid (1)Reserves for Unpaid (2)Reserves for Unpaid (3)Reserves for Unpaid (4)Reserves for Unpaid (5)Reserves for Unpaid (6)General A038E Exposures!Investment Committee and Invest
EquitiesEquities (1)Equities (2)!Minimum Solvency Margin and ResMinimum Solvency Margin (1)!Conducting Insurance Business iCapital Releases RiskBased Capital RequirementsRiskBased Capital (1)Credit for Reinsurance!Our past and future acquisition!Fluctuations in the reinsurance!Our stock price may experience !Changes in US federal income taChanges in US federal (1)!COMPARISON OF 5 YEAR CUMULATIVECOMPARISON OF 5 YEAR (1)COMPARISON OF 5 YEAR (2)NO TITLE (1)COMPARISON OF 5 YEAR (3)!Net reduction in ultimate loss !Loss and Loss Adjustment ExpensLoss and Loss Adjustment (1)!Annual Loss and Loss Adjustment
Latent Claims!2 35 Billion Ultimate Industry 2 35 Billion Ultimate (1)2 35 Billion Ultimate (2)Fixed Maturity InvestmentsFixed Maturity (1)Fixed Maturity (2)!Net Investment Income and Net R Net Investment Income and (1) Net Investment Income and (2) Net Investment Income and (3) Net Investment Income and (4) Net Investment Income and (5) Net Investment Income and (6) Net Investment Income and (7) Net Investment Income and (8) Net Investment Income and (9)!Net Investment Income and (10)!Net Investment Income and (11)!Net Investment Income and (12)!Net Investment Income and (13)!Net Investment Income and (14)!Net Investment Income and (15)!Net Investment Income and (16)!Net Investment Income and (17)!Net Investment Income and (18)!Net Investment Income and (19)!Net Investment Income and (20)!Net Investment Income and (21)!Net Investment Income and (22)!Net Investment Income and (23)!Net Investment Income and (24)Reinsurance RecoverablesReinsurance Rec (1)!Aggregate Contractual Obligatio!of Investments Classified as Tr of Investments Classified (1) of Investments Classified (2) of Investments Classified (3)
Balance SheetIncome Statement of Investments Classified (4)Shareholders Equity
Cash Flows
EGI and BHEGI and BH (1)EGI and BH (2)EGI and BH (3)EGI and BH (4)EGI and BH (5)EGI and BH (6)EGI and BH (7)EGI and BH (8)EGI and BH (9)EGI and BH (10)EGI and BH (11)EGI and BH (12)EGI and BH (13)EGI and BH (14)EGI and BH (15)EGI and BH (16)EGI and BH (17)EGI and BH (18)EGI and BH (20)EGI and BH (21)EGI and BH (22)EGI and BH (23)Constellation ReinsuranceConstellation R (1)Constellation R (2)Constellation R (3)Constellation R (4)Constellation R (5)Constellation R (6)Constellation R (7)Constellation R (8)Constellation R (9)Constellation R (10)Constellation R (11)Constellation R (12)Constellation R (13)Constellation R (14)Constellation R (15)Constellation R (16)Constellation R (17)Constellation R (18)!OtherThanTemporary Impairment POtherThanTemporary (1)OtherThanTemporary (2)OtherThanTemporary (3)OtherThanTemporary (4)OtherThanTemporary (5)OtherThanTemporary (6)OtherThanTemporary (7)OtherThanTemporary (8)OtherThanTemporary (9)OtherThanTemporary (10)OtherThanTemporary (11)OtherThanTemporary (12)OtherThanTemporary (13)OtherThanTemporary (14)!iii Enstar Group Limited Employiii Enstar Group Limited (1)iii Enstar Group Limited (2)iii Enstar Group Limited (3)iii Enstar Group Limited (4)iii Enstar Group Limited (5)iii Enstar Group Limited (6)iii Enstar Group Limited (7)iii Enstar Group Limited (8)iii Enstar Group Limited (9) iii Enstar Group Limited (10) iii Enstar Group Limited (11) iii Enstar Group Limited (12) iii Enstar Group Limited (13) iii Enstar Group Limited (14) iii Enstar Group Limited (15)Balance Sheet (1)Income Statemen (1)Cash Flows (1)Summary CompensationBeneficial Ownership!2 Financial Statement Schedules2 Financial Statement (1)2 Financial Statement (2)2 Financial Statement (3)2 Financial Statement (4)2 Financial Statement (5)2 Financial Statement (6)2 Financial Statement (7)2 Financial Statement (8)LISTING OF SUBSIDIARIESLISTING OF SUBS (1)NO TITLE (2)NO TITLE (3)NO TITLE (4)NO TITLE (5)NO TITLE (6)U }2}$ }}$
Enstar Group LTD10K
03/04/2010
EGI and BH Cash ~
*
Investments:
2*Shortterm investments, availableforsale~
,$Fixed maturities, availableforsale~
Z
Total investments~
J'Reinsurance balances receivable~
2Other assets~
r+#Losses and loss adjustment expenses~
e2*Insurance and reinsurance balances payable~
Accounts payable~
)!Net assets acquired at fair value~
W$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/<x<Viao=PF0*8X>
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NO TITLEHamilton HM JXHamilton HM JX (1)!Reserves for Unpaid Losses and Reserves for Unpaid (1)Reserves for Unpaid (2)Reserves for Unpaid (3)Reserves for Unpaid (4)Reserves for Unpaid (5)Reserves for Unpaid (6)General A038E Exposures!Investment Committee and Invest
EquitiesEquities (1)Equities (2)!Minimum Solvency Margin and ResMinimum Solvency Margin (1)!Conducting Insurance Business iCapital Releases RiskBased Capital RequirementsRiskBased Capital (1)Credit for Reinsurance!Our past and future acquisition!Fluctuations in the reinsurance!Our stock price may experience !Changes in US federal income taChanges in US federal (1)!COMPARISON OF 5 YEAR CUMULATIVECOMPARISON OF 5 YEAR (1)COMPARISON OF 5 YEAR (2)NO TITLE (1)COMPARISON OF 5 YEAR (3)!Net reduction in ultimate loss !Loss and Loss Adjustment ExpensLoss and Loss Adjustment (1)!Annual Loss and Loss Adjustment
Latent Claims!2 35 Billion Ultimate Industry 2 35 Billion Ultimate (1)2 35 Billion Ultimate (2)Fixed Maturity InvestmentsFixed Maturity (1)Fixed Maturity (2)!Net Investment Income and Net R Net Investment Income and (1) Net Investment Income and (2) Net Investment Income and (3) Net Investment Income and (4) Net Investment Income and (5) Net Investment Income and (6) Net Investment Income and (7) Net Investment Income and (8) Net Investment Income and (9)!Net Investment Income and (10)!Net Investment Income and (11)!Net Investment Income and (12)!Net Investment Income and (13)!Net Investment Income and (14)!Net Investment Income and (15)!Net Investment Income and (16)!Net Investment Income and (17)!Net Investment Income and (18)!Net Investment Income and (19)!Net Investment Income and (20)!Net Investment Income and (21)!Net Investment Income and (22)!Net Investment Income and (23)!Net Investment Income and (24)Reinsurance RecoverablesReinsurance Rec (1)!Aggregate Contractual Obligatio!of Investments Classified as Tr of Investments Classified (1) of Investments Classified (2) of Investments Classified (3)
Balance SheetIncome Statement of Investments Classified (4)Shareholders Equity
Cash Flows
EGI and BHEGI and BH (1)EGI and BH (2)EGI and BH (3)EGI and BH (4)EGI and BH (5)EGI and BH (6)EGI and BH (7)EGI and BH (8)EGI and BH (9)EGI and BH (10)EGI and BH (11)EGI and BH (12)EGI and BH (13)EGI and BH (14)EGI and BH (15)EGI and BH (16)EGI and BH (17)EGI and BH (18)EGI and BH (19)EGI and BH (21)EGI and BH (22)EGI and BH (23)Constellation ReinsuranceConstellation R (1)Constellation R (2)Constellation R (3)Constellation R (4)Constellation R (5)Constellation R (6)Constellation R (7)Constellation R (8)Constellation R (9)Constellation R (10)Constellation R (11)Constellation R (12)Constellation R (13)Constellation R (14)Constellation R (15)Constellation R (16)Constellation R (17)Constellation R (18)!OtherThanTemporary Impairment POtherThanTemporary (1)OtherThanTemporary (2)OtherThanTemporary (3)OtherThanTemporary (4)OtherThanTemporary (5)OtherThanTemporary (6)OtherThanTemporary (7)OtherThanTemporary (8)OtherThanTemporary (9)OtherThanTemporary (10)OtherThanTemporary (11)OtherThanTemporary (12)OtherThanTemporary (13)OtherThanTemporary (14)!iii Enstar Group Limited Employiii Enstar Group Limited (1)iii Enstar Group Limited (2)iii Enstar Group Limited (3)iii Enstar Group Limited (4)iii Enstar Group Limited (5)iii Enstar Group Limited (6)iii Enstar Group Limited (7)iii Enstar Group Limited (8)iii Enstar Group Limited (9) iii Enstar Group Limited (10) iii Enstar Group Limited (11) iii Enstar Group Limited (12) iii Enstar Group Limited (13) iii Enstar Group Limited (14) iii Enstar Group Limited (15)Balance Sheet (1)Income Statemen (1)Cash Flows (1)Summary CompensationBeneficial Ownership!2 Financial Statement Schedules2 Financial Statement (1)2 Financial Statement (2)2 Financial Statement (3)2 Financial Statement (4)2 Financial Statement (5)2 Financial Statement (6)2 Financial Statement (7)2 Financial Statement (8)LISTING OF SUBSIDIARIESLISTING OF SUBS (1)NO TITLE (2)NO TITLE (3)NO TITLE (4)NO TITLE (5)NO TITLE (6)U }<(}$ }U}$
Enstar Group LTD10K
03/04/2010
EGI and BH Purchase price ~
R #
Direct costs of acquisition
~
B
Total purchase price~
BV
)!Net assets acquired at fair value~
BV$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/.x=PF0*8X>
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NO TITLEHamilton HM JXHamilton HM JX (1)!Reserves for Unpaid Losses and Reserves for Unpaid (1)Reserves for Unpaid (2)Reserves for Unpaid (3)Reserves for Unpaid (4)Reserves for Unpaid (5)Reserves for Unpaid (6)General A038E Exposures!Investment Committee and Invest
EquitiesEquities (1)Equities (2)!Minimum Solvency Margin and ResMinimum Solvency Margin (1)!Conducting Insurance Business iCapital Releases RiskBased Capital RequirementsRiskBased Capital (1)Credit for Reinsurance!Our past and future acquisition!Fluctuations in the reinsurance!Our stock price may experience !Changes in US federal income taChanges in US federal (1)!COMPARISON OF 5 YEAR CUMULATIVECOMPARISON OF 5 YEAR (1)COMPARISON OF 5 YEAR (2)NO TITLE (1)COMPARISON OF 5 YEAR (3)!Net reduction in ultimate loss !Loss and Loss Adjustment ExpensLoss and Loss Adjustment (1)!Annual Loss and Loss Adjustment
Latent Claims!2 35 Billion Ultimate Industry 2 35 Billion Ultimate (1)2 35 Billion Ultimate (2)Fixed Maturity InvestmentsFixed Maturity (1)Fixed Maturity (2)!Net Investment Income and Net R Net Investment Income and (1) Net Investment Income and (2) Net Investment Income and (3) Net Investment Income and (4) Net Investment Income and (5) Net Investment Income and (6) Net Investment Income and (7) Net Investment Income and (8) Net Investment Income and (9)!Net Investment Income and (10)!Net Investment Income and (11)!Net Investment Income and (12)!Net Investment Income and (13)!Net Investment Income and (14)!Net Investment Income and (15)!Net Investment Income and (16)!Net Investment Income and (17)!Net Investment Income and (18)!Net Investment Income and (19)!Net Investment Income and (20)!Net Investment Income and (21)!Net Investment Income and (22)!Net Investment Income and (23)!Net Investment Income and (24)Reinsurance RecoverablesReinsurance Rec (1)!Aggregate Contractual Obligatio!of Investments Classified as Tr of Investments Classified (1) of Investments Classified (2) of Investments Classified (3)
Balance SheetIncome Statement of Investments Classified (4)Shareholders Equity
Cash Flows
EGI and BHEGI and BH (1)EGI and BH (2)EGI and BH (3)EGI and BH (4)EGI and BH (5)EGI and BH (6)EGI and BH (7)EGI and BH (8)EGI and BH (9)EGI and BH (10)EGI and BH (11)EGI and BH (12)EGI and BH (13)EGI and BH (14)EGI and BH (15)EGI and BH (16)EGI and BH (17)EGI and BH (18)EGI and BH (19)EGI and BH (20)EGI and BH (22)EGI and BH (23)Constellation ReinsuranceConstellation R (1)Constellation R (2)Constellation R (3)Constellation R (4)Constellation R (5)Constellation R (6)Constellation R (7)Constellation R (8)Constellation R (9)Constellation R (10)Constellation R (11)Constellation R (12)Constellation R (13)Constellation R (14)Constellation R (15)Constellation R (16)Constellation R (17)Constellation R (18)!OtherThanTemporary Impairment POtherThanTemporary (1)OtherThanTemporary (2)OtherThanTemporary (3)OtherThanTemporary (4)OtherThanTemporary (5)OtherThanTemporary (6)OtherThanTemporary (7)OtherThanTemporary (8)OtherThanTemporary (9)OtherThanTemporary (10)OtherThanTemporary (11)OtherThanTemporary (12)OtherThanTemporary (13)OtherThanTemporary (14)!iii Enstar Group Limited Employiii Enstar Group Limited (1)iii Enstar Group Limited (2)iii Enstar Group Limited (3)iii Enstar Group Limited (4)iii Enstar Group Limited (5)iii Enstar Group Limited (6)iii Enstar Group Limited (7)iii Enstar Group Limited (8)iii Enstar Group Limited (9) iii Enstar Group Limited (10) iii Enstar Group Limited (11) iii Enstar Group Limited (12) iii Enstar Group Limited (13) iii Enstar Group Limited (14) iii Enstar Group Limited (15)Balance Sheet (1)Income Statemen (1)Cash Flows (1)Summary CompensationBeneficial Ownership!2 Financial Statement Schedules2 Financial Statement (1)2 Financial Statement (2)2 Financial Statement (3)2 Financial Statement (4)2 Financial Statement (5)2 Financial Statement (6)2 Financial Statement (7)2 Financial Statement (8)LISTING OF SUBSIDIARIESLISTING OF SUBS (1)NO TITLE (2)NO TITLE (3)NO TITLE (4)NO TITLE (5)NO TITLE (6)U }2}$ }U}$
Enstar Group LTD10K
03/04/2010
EGI and BH Cash ~
Restricted cash
~
'Reinsurance balances receivable~
*oOther assets~
+
#Losses and loss adjustment expenses
~
6B
2*Insurance and reinsurance balances payable~
*Accounts payable~
Z)!Net assets acquired at fair value~
BV$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/4Yx<\Il0$=PF0*8X>
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NO TITLEHamilton HM JXHamilton HM JX (1)!Reserves for Unpaid Losses and Reserves for Unpaid (1)Reserves for Unpaid (2)Reserves for Unpaid (3)Reserves for Unpaid (4)Reserves for Unpaid (5)Reserves for Unpaid (6)General A038E Exposures!Investment Committee and Invest
EquitiesEquities (1)Equities (2)!Minimum Solvency Margin and ResMinimum Solvency Margin (1)!Conducting Insurance Business iCapital Releases RiskBased Capital RequirementsRiskBased Capital (1)Credit for Reinsurance!Our past and future acquisition!Fluctuations in the reinsurance!Our stock price may experience !Changes in US federal income taChanges in US federal (1)!COMPARISON OF 5 YEAR CUMULATIVECOMPARISON OF 5 YEAR (1)COMPARISON OF 5 YEAR (2)NO TITLE (1)COMPARISON OF 5 YEAR (3)!Net reduction in ultimate loss !Loss and Loss Adjustment ExpensLoss and Loss Adjustment (1)!Annual Loss and Loss Adjustment
Latent Claims!2 35 Billion Ultimate Industry 2 35 Billion Ultimate (1)2 35 Billion Ultimate (2)Fixed Maturity InvestmentsFixed Maturity (1)Fixed Maturity (2)!Net Investment Income and Net R Net Investment Income and (1) Net Investment Income and (2) Net Investment Income and (3) Net Investment Income and (4) Net Investment Income and (5) Net Investment Income and (6) Net Investment Income and (7) Net Investment Income and (8) Net Investment Income and (9)!Net Investment Income and (10)!Net Investment Income and (11)!Net Investment Income and (12)!Net Investment Income and (13)!Net Investment Income and (14)!Net Investment Income and (15)!Net Investment Income and (16)!Net Investment Income and (17)!Net Investment Income and (18)!Net Investment Income and (19)!Net Investment Income and (20)!Net Investment Income and (21)!Net Investment Income and (22)!Net Investment Income and (23)!Net Investment Income and (24)Reinsurance RecoverablesReinsurance Rec (1)!Aggregate Contractual Obligatio!of Investments Classified as Tr of Investments Classified (1) of Investments Classified (2) of Investments Classified (3)
Balance SheetIncome Statement of Investments Classified (4)Shareholders Equity
Cash Flows
EGI and BHEGI and BH (1)EGI and BH (2)EGI and BH (3)EGI and BH (4)EGI and BH (5)EGI and BH (6)EGI and BH (7)EGI and BH (8)EGI and BH (9)EGI and BH (10)EGI and BH (11)EGI and BH (12)EGI and BH (13)EGI and BH (14)EGI and BH (15)EGI and BH (16)EGI and BH (17)EGI and BH (18)EGI and BH (19)EGI and BH (20)EGI and BH (21)EGI and BH (23)Constellation ReinsuranceConstellation R (1)Constellation R (2)Constellation R (3)Constellation R (4)Constellation R (5)Constellation R (6)Constellation R (7)Constellation R (8)Constellation R (9)Constellation R (10)Constellation R (11)Constellation R (12)Constellation R (13)Constellation R (14)Constellation R (15)Constellation R (16)Constellation R (17)Constellation R (18)!OtherThanTemporary Impairment POtherThanTemporary (1)OtherThanTemporary (2)OtherThanTemporary (3)OtherThanTemporary (4)OtherThanTemporary (5)OtherThanTemporary (6)OtherThanTemporary (7)OtherThanTemporary (8)OtherThanTemporary (9)OtherThanTemporary (10)OtherThanTemporary (11)OtherThanTemporary (12)OtherThanTemporary (13)OtherThanTemporary (14)!iii Enstar Group Limited Employiii Enstar Group Limited (1)iii Enstar Group Limited (2)iii Enstar Group Limited (3)iii Enstar Group Limited (4)iii Enstar Group Limited (5)iii Enstar Group Limited (6)iii Enstar Group Limited (7)iii Enstar Group Limited (8)iii Enstar Group Limited (9) iii Enstar Group Limited (10) iii Enstar Group Limited (11) iii Enstar Group Limited (12) iii Enstar Group Limited (13) iii Enstar Group Limited (14) iii Enstar Group Limited (15)Balance Sheet (1)Income Statemen (1)Cash Flows (1)Summary CompensationBeneficial Ownership!2 Financial Statement Schedules2 Financial Statement (1)2 Financial Statement (2)2 Financial Statement (3)2 Financial Statement (4)2 Financial Statement (5)2 Financial Statement (6)2 Financial Statement (7)2 Financial Statement (8)LISTING OF SUBSIDIARIESLISTING OF SUBS (1)NO TITLE (2)NO TITLE (3)NO TITLE (4)NO TITLE (5)NO TITLE (6)U }<(}$ }
}$
Enstar Group LTD10K
03/04/2010
EGI and BH Purchase price ~
J #
Direct costs of acquisition
~
!
Total purchase price~
)!Net assets acquired at fair value~
$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/.x=PF0*8X>
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NO TITLEHamilton HM JXHamilton HM JX (1)!Reserves for Unpaid Losses and Reserves for Unpaid (1)Reserves for Unpaid (2)Reserves for Unpaid (3)Reserves for Unpaid (4)Reserves for Unpaid (5)Reserves for Unpaid (6)General A038E Exposures!Investment Committee and Invest
EquitiesEquities (1)Equities (2)!Minimum Solvency Margin and ResMinimum Solvency Margin (1)!Conducting Insurance Business iCapital Releases RiskBased Capital RequirementsRiskBased Capital (1)Credit for Reinsurance!Our past and future acquisition!Fluctuations in the reinsurance!Our stock price may experience !Changes in US federal income taChanges in US federal (1)!COMPARISON OF 5 YEAR CUMULATIVECOMPARISON OF 5 YEAR (1)COMPARISON OF 5 YEAR (2)NO TITLE (1)COMPARISON OF 5 YEAR (3)!Net reduction in ultimate loss !Loss and Loss Adjustment ExpensLoss and Loss Adjustment (1)!Annual Loss and Loss Adjustment
Latent Claims!2 35 Billion Ultimate Industry 2 35 Billion Ultimate (1)2 35 Billion Ultimate (2)Fixed Maturity InvestmentsFixed Maturity (1)Fixed Maturity (2)!Net Investment Income and Net R Net Investment Income and (1) Net Investment Income and (2) Net Investment Income and (3) Net Investment Income and (4) Net Investment Income and (5) Net Investment Income and (6) Net Investment Income and (7) Net Investment Income and (8) Net Investment Income and (9)!Net Investment Income and (10)!Net Investment Income and (11)!Net Investment Income and (12)!Net Investment Income and (13)!Net Investment Income and (14)!Net Investment Income and (15)!Net Investment Income and (16)!Net Investment Income and (17)!Net Investment Income and (18)!Net Investment Income and (19)!Net Investment Income and (20)!Net Investment Income and (21)!Net Investment Income and (22)!Net Investment Income and (23)!Net Investment Income and (24)Reinsurance RecoverablesReinsurance Rec (1)!Aggregate Contractual Obligatio!of Investments Classified as Tr of Investments Classified (1) of Investments Classified (2) of Investments Classified (3)
Balance SheetIncome Statement of Investments Classified (4)Shareholders Equity
Cash Flows
EGI and BHEGI and BH (1)EGI and BH (2)EGI and BH (3)EGI and BH (4)EGI and BH (5)EGI and BH (6)EGI and BH (7)EGI and BH (8)EGI and BH (9)EGI and BH (10)EGI and BH (11)EGI and BH (12)EGI and BH (13)EGI and BH (14)EGI and BH (15)EGI and BH (16)EGI and BH (17)EGI and BH (18)EGI and BH (19)EGI and BH (20)EGI and BH (21)EGI and BH (22)Constellation ReinsuranceConstellation R (1)Constellation R (2)Constellation R (3)Constellation R (4)Constellation R (5)Constellation R (6)Constellation R (7)Constellation R (8)Constellation R (9)Constellation R (10)Constellation R (11)Constellation R (12)Constellation R (13)Constellation R (14)Constellation R (15)Constellation R (16)Constellation R (17)Constellation R (18)!OtherThanTemporary Impairment POtherThanTemporary (1)OtherThanTemporary (2)OtherThanTemporary (3)OtherThanTemporary (4)OtherThanTemporary (5)OtherThanTemporary (6)OtherThanTemporary (7)OtherThanTemporary (8)OtherThanTemporary (9)OtherThanTemporary (10)OtherThanTemporary (11)OtherThanTemporary (12)OtherThanTemporary (13)OtherThanTemporary (14)!iii Enstar Group Limited Employiii Enstar Group Limited (1)iii Enstar Group Limited (2)iii Enstar Group Limited (3)iii Enstar Group Limited (4)iii Enstar Group Limited (5)iii Enstar Group Limited (6)iii Enstar Group Limited (7)iii Enstar Group Limited (8)iii Enstar Group Limited (9) iii Enstar Group Limited (10) iii Enstar Group Limited (11) iii Enstar Group Limited (12) iii Enstar Group Limited (13) iii Enstar Group Limited (14) iii Enstar Group Limited (15)Balance Sheet (1)Income Statemen (1)Cash Flows (1)Summary CompensationBeneficial Ownership!2 Financial Statement Schedules2 Financial Statement (1)2 Financial Statement (2)2 Financial Statement (3)2 Financial Statement (4)2 Financial Statement (5)2 Financial Statement (6)2 Financial Statement (7)2 Financial Statement (8)LISTING OF SUBSIDIARIESLISTING OF SUBS (1)NO TITLE (2)NO TITLE (3)NO TITLE (4)NO TITLE (5)NO TITLE (6)U }2}$ }
}$
Enstar Group LTD10K
03/04/2010
EGI and BH Cash ~
Restricted cash
~
r
Investments:,$Fixed maturities, availableforsale~
*
"Fixed maturities, heldtomaturity
~
Other investments~
^Total investments~
%'Reinsurance balances receivable~
Other assets~
^.+#Losses and loss adjustment expenses~
:q2*Insurance and reinsurance balances payable~
Accounts payable~
)!Net assets acquired at fair value~
$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/@Dx<q`$x.eL@4=PF0*8X>
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NO TITLEHamilton HM JXHamilton HM JX (1)!Reserves for Unpaid Losses and Reserves for Unpaid (1)Reserves for Unpaid (2)Reserves for Unpaid (3)Reserves for Unpaid (4)Reserves for Unpaid (5)Reserves for Unpaid (6)General A038E Exposures!Investment Committee and Invest
EquitiesEquities (1)Equities (2)!Minimum Solvency Margin and ResMinimum Solvency Margin (1)!Conducting Insurance Business iCapital Releases RiskBased Capital RequirementsRiskBased Capital (1)Credit for Reinsurance!Our past and future acquisition!Fluctuations in the reinsurance!Our stock price may experience !Changes in US federal income taChanges in US federal (1)!COMPARISON OF 5 YEAR CUMULATIVECOMPARISON OF 5 YEAR (1)COMPARISON OF 5 YEAR (2)NO TITLE (1)COMPARISON OF 5 YEAR (3)!Net reduction in ultimate loss !Loss and Loss Adjustment ExpensLoss and Loss Adjustment (1)!Annual Loss and Loss Adjustment
Latent Claims!2 35 Billion Ultimate Industry 2 35 Billion Ultimate (1)2 35 Billion Ultimate (2)Fixed Maturity InvestmentsFixed Maturity (1)Fixed Maturity (2)!Net Investment Income and Net R Net Investment Income and (1) Net Investment Income and (2) Net Investment Income and (3) Net Investment Income and (4) Net Investment Income and (5) Net Investment Income and (6) Net Investment Income and (7) Net Investment Income and (8) Net Investment Income and (9)!Net Investment Income and (10)!Net Investment Income and (11)!Net Investment Income and (12)!Net Investment Income and (13)!Net Investment Income and (14)!Net Investment Income and (15)!Net Investment Income and (16)!Net Investment Income and (17)!Net Investment Income and (18)!Net Investment Income and (19)!Net Investment Income and (20)!Net Investment Income and (21)!Net Investment Income and (22)!Net Investment Income and (23)!Net Investment Income and (24)Reinsurance RecoverablesReinsurance Rec (1)!Aggregate Contractual Obligatio!of Investments Classified as Tr of Investments Classified (1) of Investments Classified (2) of Investments Classified (3)
Balance SheetIncome Statement of Investments Classified (4)Shareholders Equity
Cash Flows
EGI and BHEGI and BH (1)EGI and BH (2)EGI and BH (3)EGI and BH (4)EGI and BH (5)EGI and BH (6)EGI and BH (7)EGI and BH (8)EGI and BH (9)EGI and BH (10)EGI and BH (11)EGI and BH (12)EGI and BH (13)EGI and BH (14)EGI and BH (15)EGI and BH (16)EGI and BH (17)EGI and BH (18)EGI and BH (19)EGI and BH (20)EGI and BH (21)EGI and BH (22)EGI and BH (23)Constellation R (1)Constellation R (2)Constellation R (3)Constellation R (4)Constellation R (5)Constellation R (6)Constellation R (7)Constellation R (8)Constellation R (9)Constellation R (10)Constellation R (11)Constellation R (12)Constellation R (13)Constellation R (14)Constellation R (15)Constellation R (16)Constellation R (17)Constellation R (18)!OtherThanTemporary Impairment POtherThanTemporary (1)OtherThanTemporary (2)OtherThanTemporary (3)OtherThanTemporary (4)OtherThanTemporary (5)OtherThanTemporary (6)OtherThanTemporary (7)OtherThanTemporary (8)OtherThanTemporary (9)OtherThanTemporary (10)OtherThanTemporary (11)OtherThanTemporary (12)OtherThanTemporary (13)OtherThanTemporary (14)!iii Enstar Group Limited Employiii Enstar Group Limited (1)iii Enstar Group Limited (2)iii Enstar Group Limited (3)iii Enstar Group Limited (4)iii Enstar Group Limited (5)iii Enstar Group Limited (6)iii Enstar Group Limited (7)iii Enstar Group Limited (8)iii Enstar Group Limited (9) iii Enstar Group Limited (10) iii Enstar Group Limited (11) iii Enstar Group Limited (12) iii Enstar Group Limited (13) iii Enstar Group Limited (14) iii Enstar Group Limited (15)Balance Sheet (1)Income Statemen (1)Cash Flows (1)Summary CompensationBeneficial Ownership!2 Financial Statement Schedules2 Financial Statement (1)2 Financial Statement (2)2 Financial Statement (3)2 Financial Statement (4)2 Financial Statement (5)2 Financial Statement (6)2 Financial Statement (7)2 Financial Statement (8)LISTING OF SUBSIDIARIESLISTING OF SUBS (1)NO TITLE (2)NO TITLE (3)NO TITLE (4)NO TITLE (5)NO TITLE (6)U }7}$ }U}$
Enstar Group LTD10K
03/04/2010!Constellation Reinsurance Cash ~
6
.Fixed maturity investments, availableforsale
~
'Reinsurance balances receivable~
4+#Losses and loss adjustment expenses~
B
)!Net assets acquired at fair value~
'$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/.Kui.>=PF0*8X>
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NO TITLEHamilton HM JXHamilton HM JX (1)!Reserves for Unpaid Losses and Reserves for Unpaid (1)Reserves for Unpaid (2)Reserves for Unpaid (3)Reserves for Unpaid (4)Reserves for Unpaid (5)Reserves for Unpaid (6)General A038E Exposures!Investment Committee and Invest
EquitiesEquities (1)Equities (2)!Minimum Solvency Margin and ResMinimum Solvency Margin (1)!Conducting Insurance Business iCapital Releases RiskBased Capital RequirementsRiskBased Capital (1)Credit for Reinsurance!Our past and future acquisition!Fluctuations in the reinsurance!Our stock price may experience !Changes in US federal income taChanges in US federal (1)!COMPARISON OF 5 YEAR CUMULATIVECOMPARISON OF 5 YEAR (1)COMPARISON OF 5 YEAR (2)NO TITLE (1)COMPARISON OF 5 YEAR (3)!Net reduction in ultimate loss !Loss and Loss Adjustment ExpensLoss and Loss Adjustment (1)!Annual Loss and Loss Adjustment
Latent Claims!2 35 Billion Ultimate Industry 2 35 Billion Ultimate (1)2 35 Billion Ultimate (2)Fixed Maturity InvestmentsFixed Maturity (1)Fixed Maturity (2)!Net Investment Income and Net R Net Investment Income and (1) Net Investment Income and (2) Net Investment Income and (3) Net Investment Income and (4) Net Investment Income and (5) Net Investment Income and (6) Net Investment Income and (7) Net Investment Income and (8) Net Investment Income and (9)!Net Investment Income and (10)!Net Investment Income and (11)!Net Investment Income and (12)!Net Investment Income and (13)!Net Investment Income and (14)!Net Investment Income and (15)!Net Investment Income and (16)!Net Investment Income and (17)!Net Investment Income and (18)!Net Investment Income and (19)!Net Investment Income and (20)!Net Investment Income and (21)!Net Investment Income and (22)!Net Investment Income and (23)!Net Investment Income and (24)Reinsurance RecoverablesReinsurance Rec (1)!Aggregate Contractual Obligatio!of Investments Classified as Tr of Investments Classified (1) of Investments Classified (2) of Investments Classified (3)
Balance SheetIncome Statement of Investments Classified (4)Shareholders Equity
Cash Flows
EGI and BHEGI and BH (1)EGI and BH (2)EGI and BH (3)EGI and BH (4)EGI and BH (5)EGI and BH (6)EGI and BH (7)EGI and BH (8)EGI and BH (9)EGI and BH (10)EGI and BH (11)EGI and BH (12)EGI and BH (13)EGI and BH (14)EGI and BH (15)EGI and BH (16)EGI and BH (17)EGI and BH (18)EGI and BH (19)EGI and BH (20)EGI and BH (21)EGI and BH (22)EGI and BH (23)Constellation ReinsuranceConstellation R (2)Constellation R (3)Constellation R (4)Constellation R (5)Constellation R (6)Constellation R (7)Constellation R (8)Constellation R (9)Constellation R (10)Constellation R (11)Constellation R (12)Constellation R (13)Constellation R (14)Constellation R (15)Constellation R (16)Constellation R (17)Constellation R (18)!OtherThanTemporary Impairment POtherThanTemporary (1)OtherThanTemporary (2)OtherThanTemporary (3)OtherThanTemporary (4)OtherThanTemporary (5)OtherThanTemporary (6)OtherThanTemporary (7)OtherThanTemporary (8)OtherThanTemporary (9)OtherThanTemporary (10)OtherThanTemporary (11)OtherThanTemporary (12)OtherThanTemporary (13)OtherThanTemporary (14)!iii Enstar Group Limited Employiii Enstar Group Limited (1)iii Enstar Group Limited (2)iii Enstar Group Limited (3)iii Enstar Group Limited (4)iii Enstar Group Limited (5)iii Enstar Group Limited (6)iii Enstar Group Limited (7)iii Enstar Group Limited (8)iii Enstar Group Limited (9) iii Enstar Group Limited (10) iii Enstar Group Limited (11) iii Enstar Group Limited (12) iii Enstar Group Limited (13) iii Enstar Group Limited (14) iii Enstar Group Limited (15)Balance Sheet (1)Income Statemen (1)Cash Flows (1)Summary CompensationBeneficial Ownership!2 Financial Statement Schedules2 Financial Statement (1)2 Financial Statement (2)2 Financial Statement (3)2 Financial Statement (4)2 Financial Statement (5)2 Financial Statement (6)2 Financial Statement (7)2 Financial Statement (8)LISTING OF SUBSIDIARIESLISTING OF SUBS (1)NO TITLE (2)NO TITLE (3)NO TITLE (4)NO TITLE (5)NO TITLE (6)U }7}$ }
}$
Enstar Group LTD10K
03/04/2010!Constellation Reinsurance Cash ~
:
Restricted cash
~
>S
6.Fixed maturity investments, availableforsale~
n0(Accounts receivable and accrued interest~
'
Reinsurance balances receivable
~
u
Other assets~
S+#Losses and loss adjustment expenses~
2*Insurance and reinsurance balances payable~
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)!Net assets acquired at fair value~
$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/8bui>{1hOC7=PF0*8X>
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NO TITLEHamilton HM JXHamilton HM JX (1)!Reserves for Unpaid Losses and Reserves for Unpaid (1)Reserves for Unpaid (2)Reserves for Unpaid (3)Reserves for Unpaid (4)Reserves for Unpaid (5)Reserves for Unpaid (6)General A038E Exposures!Investment Committee and Invest
EquitiesEquities (1)Equities (2)!Minimum Solvency Margin and ResMinimum Solvency Margin (1)!Conducting Insurance Business iCapital Releases RiskBased Capital RequirementsRiskBased Capital (1)Credit for Reinsurance!Our past and future acquisition!Fluctuations in the reinsurance!Our stock price may experience !Changes in US federal income taChanges in US federal (1)!COMPARISON OF 5 YEAR CUMULATIVECOMPARISON OF 5 YEAR (1)COMPARISON OF 5 YEAR (2)NO TITLE (1)COMPARISON OF 5 YEAR (3)!Net reduction in ultimate loss !Loss and Loss Adjustment ExpensLoss and Loss Adjustment (1)!Annual Loss and Loss Adjustment
Latent Claims!2 35 Billion Ultimate Industry 2 35 Billion Ultimate (1)2 35 Billion Ultimate (2)Fixed Maturity InvestmentsFixed Maturity (1)Fixed Maturity (2)!Net Investment Income and Net R Net Investment Income and (1) Net Investment Income and (2) Net Investment Income and (3) Net Investment Income and (4) Net Investment Income and (5) Net Investment Income and (6) Net Investment Income and (7) Net Investment Income and (8) Net Investment Income and (9)!Net Investment Income and (10)!Net Investment Income and (11)!Net Investment Income and (12)!Net Investment Income and (13)!Net Investment Income and (14)!Net Investment Income and (15)!Net Investment Income and (16)!Net Investment Income and (17)!Net Investment Income and (18)!Net Investment Income and (19)!Net Investment Income and (20)!Net Investment Income and (21)!Net Investment Income and (22)!Net Investment Income and (23)!Net Investment Income and (24)Reinsurance RecoverablesReinsurance Rec (1)!Aggregate Contractual Obligatio!of Investments Classified as Tr of Investments Classified (1) of Investments Classified (2) of Investments Classified (3)
Balance SheetIncome Statement of Investments Classified (4)Shareholders Equity
Cash Flows
EGI and BHEGI and BH (1)EGI and BH (2)EGI and BH (3)EGI and BH (4)EGI and BH (5)EGI and BH (6)EGI and BH (7)EGI and BH (8)EGI and BH (9)EGI and BH (10)EGI and BH (11)EGI and BH (12)EGI and BH (13)EGI and BH (14)EGI and BH (15)EGI and BH (16)EGI and BH (17)EGI and BH (18)EGI and BH (19)EGI and BH (20)EGI and BH (21)EGI and BH (22)EGI and BH (23)Constellation ReinsuranceConstellation R (1)Constellation R (3)Constellation R (4)Constellation R (5)Constellation R (6)Constellation R (7)Constellation R (8)Constellation R (9)Constellation R (10)Constellation R (11)Constellation R (12)Constellation R (13)Constellation R (14)Constellation R (15)Constellation R (16)Constellation R (17)Constellation R (18)!OtherThanTemporary Impairment POtherThanTemporary (1)OtherThanTemporary (2)OtherThanTemporary (3)OtherThanTemporary (4)OtherThanTemporary (5)OtherThanTemporary (6)OtherThanTemporary (7)OtherThanTemporary (8)OtherThanTemporary (9)OtherThanTemporary (10)OtherThanTemporary (11)OtherThanTemporary (12)OtherThanTemporary (13)OtherThanTemporary (14)!iii Enstar Group Limited Employiii Enstar Group Limited (1)iii Enstar Group Limited (2)iii Enstar Group Limited (3)iii Enstar Group Limited (4)iii Enstar Group Limited (5)iii Enstar Group Limited (6)iii Enstar Group Limited (7)iii Enstar Group Limited (8)iii Enstar Group Limited (9) iii Enstar Group Limited (10) iii Enstar Group Limited (11) iii Enstar Group Limited (12) iii Enstar Group Limited (13) iii Enstar Group Limited (14) iii Enstar Group Limited (15)Balance Sheet (1)Income Statemen (1)Cash Flows (1)Summary CompensationBeneficial Ownership!2 Financial Statement Schedules2 Financial Statement (1)2 Financial Statement (2)2 Financial Statement (3)2 Financial Statement (4)2 Financial Statement (5)2 Financial Statement (6)2 Financial Statement (7)2 Financial Statement (8)LISTING OF SUBSIDIARIESLISTING OF SUBS (1)NO TITLE (2)NO TITLE (3)NO TITLE (4)NO TITLE (5)NO TITLE (6)U }!}$ }}$ }$}
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Enstar Group LTD10K
03/04/2010!Constellation Reinsurance
Gross
Gross
Unrealized
Unrealized
Holding
AmortizedHolding
Losses
Fair
CostGain
NonOTTI
ValueAs at December 31, 2009
"U.S. government and agency~
~
~
~
NonU.S. government~
D~
~
~
E Corporate~
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NO TITLEHamilton HM JXHamilton HM JX (1)!Reserves for Unpaid Losses and Reserves for Unpaid (1)Reserves for Unpaid (2)Reserves for Unpaid (3)Reserves for Unpaid (4)Reserves for Unpaid (5)Reserves for Unpaid (6)General A038E Exposures!Investment Committee and Invest
EquitiesEquities (1)Equities (2)!Minimum Solvency Margin and ResMinimum Solvency Margin (1)!Conducting Insurance Business iCapital Releases RiskBased Capital RequirementsRiskBased Capital (1)Credit for Reinsurance!Our past and future acquisition!Fluctuations in the reinsurance!Our stock price may experience !Changes in US federal income taChanges in US federal (1)!COMPARISON OF 5 YEAR CUMULATIVECOMPARISON OF 5 YEAR (1)COMPARISON OF 5 YEAR (2)NO TITLE (1)COMPARISON OF 5 YEAR (3)!Net reduction in ultimate loss !Loss and Loss Adjustment ExpensLoss and Loss Adjustment (1)!Annual Loss and Loss Adjustment
Latent Claims!2 35 Billion Ultimate Industry 2 35 Billion Ultimate (1)2 35 Billion Ultimate (2)Fixed Maturity InvestmentsFixed Maturity (1)Fixed Maturity (2)!Net Investment Income and Net R Net Investment Income and (1) Net Investment Income and (2) Net Investment Income and (3) Net Investment Income and (4) Net Investment Income and (5) Net Investment Income and (6) Net Investment Income and (7) Net Investment Income and (8) Net Investment Income and (9)!Net Investment Income and (10)!Net Investment Income and (11)!Net Investment Income and (12)!Net Investment Income and (13)!Net Investment Income and (14)!Net Investment Income and (15)!Net Investment Income and (16)!Net Investment Income and (17)!Net Investment Income and (18)!Net Investment Income and (19)!Net Investment Income and (20)!Net Investment Income and (21)!Net Investment Income and (22)!Net Investment Income and (23)!Net Investment Income and (24)Reinsurance RecoverablesReinsurance Rec (1)!Aggregate Contractual Obligatio!of Investments Classified as Tr of Investments Classified (1) of Investments Classified (2) of Investments Classified (3)
Balance SheetIncome Statement of Investments Classified (4)Shareholders Equity
Cash Flows
EGI and BHEGI and BH (1)EGI and BH (2)EGI and BH (3)EGI and BH (4)EGI and BH (5)EGI and BH (6)EGI and BH (7)EGI and BH (8)EGI and BH (9)EGI and BH (10)EGI and BH (11)EGI and BH (12)EGI and BH (13)EGI and BH (14)EGI and BH (15)EGI and BH (16)EGI and BH (17)EGI and BH (18)EGI and BH (19)EGI and BH (20)EGI and BH (21)EGI and BH (22)EGI and BH (23)Constellation ReinsuranceConstellation R (1)Constellation R (2)Constellation R (4)Constellation R (5)Constellation R (6)Constellation R (7)Constellation R (8)Constellation R (9)Constellation R (10)Constellation R (11)Constellation R (12)Constellation R (13)Constellation R (14)Constellation R (15)Constellation R (16)Constellation R (17)Constellation R (18)!OtherThanTemporary Impairment POtherThanTemporary (1)OtherThanTemporary (2)OtherThanTemporary (3)OtherThanTemporary (4)OtherThanTemporary (5)OtherThanTemporary (6)OtherThanTemporary (7)OtherThanTemporary (8)OtherThanTemporary (9)OtherThanTemporary (10)OtherThanTemporary (11)OtherThanTemporary (12)OtherThanTemporary (13)OtherThanTemporary (14)!iii Enstar Group Limited Employiii Enstar Group Limited (1)iii Enstar Group Limited (2)iii Enstar Group Limited (3)iii Enstar Group Limited (4)iii Enstar Group Limited (5)iii Enstar Group Limited (6)iii Enstar Group Limited (7)iii Enstar Group Limited (8)iii Enstar Group Limited (9) iii Enstar Group Limited (10) iii Enstar Group Limited (11) iii Enstar Group Limited (12) iii Enstar Group Limited (13) iii Enstar Group Limited (14) iii Enstar Group Limited (15)Balance Sheet (1)Income Statemen (1)Cash Flows (1)Summary CompensationBeneficial Ownership!2 Financial Statement Schedules2 Financial Statement (1)2 Financial Statement (2)2 Financial Statement (3)2 Financial Statement (4)2 Financial Statement (5)2 Financial Statement (6)2 Financial Statement (7)2 Financial Statement (8)LISTING OF SUBSIDIARIESLISTING OF SUBS (1)NO TITLE (2)NO TITLE (3)NO TITLE (4)NO TITLE (5)NO TITLE (6)U }!}$ }}$ }$}
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!
Enstar Group LTD10K
03/04/2010!Constellation Reinsurance
Gross
Gross
Unrealized
Unrealized
Holding
AmortizedHolding
Losses
Fair
CostGain
NonOTTI
ValueAs at December 31, 2008
"U.S. government and agency~
£~
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~
NonU.S. government~
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NO TITLEHamilton HM JXHamilton HM JX (1)!Reserves for Unpaid Losses and Reserves for Unpaid (1)Reserves for Unpaid (2)Reserves for Unpaid (3)Reserves for Unpaid (4)Reserves for Unpaid (5)Reserves for Unpaid (6)General A038E Exposures!Investment Committee and Invest
EquitiesEquities (1)Equities (2)!Minimum Solvency Margin and ResMinimum Solvency Margin (1)!Conducting Insurance Business iCapital Releases RiskBased Capital RequirementsRiskBased Capital (1)Credit for Reinsurance!Our past and future acquisition!Fluctuations in the reinsurance!Our stock price may experience !Changes in US federal income taChanges in US federal (1)!COMPARISON OF 5 YEAR CUMULATIVECOMPARISON OF 5 YEAR (1)COMPARISON OF 5 YEAR (2)NO TITLE (1)COMPARISON OF 5 YEAR (3)!Net reduction in ultimate loss !Loss and Loss Adjustment ExpensLoss and Loss Adjustment (1)!Annual Loss and Loss Adjustment
Latent Claims!2 35 Billion Ultimate Industry 2 35 Billion Ultimate (1)2 35 Billion Ultimate (2)Fixed Maturity InvestmentsFixed Maturity (1)Fixed Maturity (2)!Net Investment Income and Net R Net Investment Income and (1) Net Investment Income and (2) Net Investment Income and (3) Net Investment Income and (4) Net Investment Income and (5) Net Investment Income and (6) Net Investment Income and (7) Net Investment Income and (8) Net Investment Income and (9)!Net Investment Income and (10)!Net Investment Income and (11)!Net Investment Income and (12)!Net Investment Income and (13)!Net Investment Income and (14)!Net Investment Income and (15)!Net Investment Income and (16)!Net Investment Income and (17)!Net Investment Income and (18)!Net Investment Income and (19)!Net Investment Income and (20)!Net Investment Income and (21)!Net Investment Income and (22)!Net Investment Income and (23)!Net Investment Income and (24)Reinsurance RecoverablesReinsurance Rec (1)!Aggregate Contractual Obligatio!of Investments Classified as Tr of Investments Classified (1) of Investments Classified (2) of Investments Classified (3)
Balance SheetIncome Statement of Investments Classified (4)Shareholders Equity
Cash Flows
EGI and BHEGI and BH (1)EGI and BH (2)EGI and BH (3)EGI and BH (4)EGI and BH (5)EGI and BH (6)EGI and BH (7)EGI and BH (8)EGI and BH (9)EGI and BH (10)EGI and BH (11)EGI and BH (12)EGI and BH (13)EGI and BH (14)EGI and BH (15)EGI and BH (16)EGI and BH (17)EGI and BH (18)EGI and BH (19)EGI and BH (20)EGI and BH (21)EGI and BH (22)EGI and BH (23)Constellation ReinsuranceConstellation R (1)Constellation R (2)Constellation R (3)Constellation R (5)Constellation R (6)Constellation R (7)Constellation R (8)Constellation R (9)Constellation R (10)Constellation R (11)Constellation R (12)Constellation R (13)Constellation R (14)Constellation R (15)Constellation R (16)Constellation R (17)Constellation R (18)!OtherThanTemporary Impairment POtherThanTemporary (1)OtherThanTemporary (2)OtherThanTemporary (3)OtherThanTemporary (4)OtherThanTemporary (5)OtherThanTemporary (6)OtherThanTemporary (7)OtherThanTemporary (8)OtherThanTemporary (9)OtherThanTemporary (10)OtherThanTemporary (11)OtherThanTemporary (12)OtherThanTemporary (13)OtherThanTemporary (14)!iii Enstar Group Limited Employiii Enstar Group Limited (1)iii Enstar Group Limited (2)iii Enstar Group Limited (3)iii Enstar Group Limited (4)iii Enstar Group Limited (5)iii Enstar Group Limited (6)iii Enstar Group Limited (7)iii Enstar Group Limited (8)iii Enstar Group Limited (9) iii Enstar Group Limited (10) iii Enstar Group Limited (11) iii Enstar Group Limited (12) iii Enstar Group Limited (13) iii Enstar Group Limited (14) iii Enstar Group Limited (15)Balance Sheet (1)Income Statemen (1)Cash Flows (1)Summary CompensationBeneficial Ownership!2 Financial Statement Schedules2 Financial Statement (1)2 Financial Statement (2)2 Financial Statement (3)2 Financial Statement (4)2 Financial Statement (5)2 Financial Statement (6)2 Financial Statement (7)2 Financial Statement (8)LISTING OF SUBSIDIARIESLISTING OF SUBS (1)NO TITLE (2)NO TITLE (3)NO TITLE (4)NO TITLE (5)NO TITLE (6)U }!}$ }}$ } }
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Enstar Group LTD10K
03/04/2010!Constellation Reinsurance
12 Months or Greater
Less Than 12 Months
Total
Fair
Unrealized
Fair
Unrealized
Fair
Unrealized
As at December 31, 2009
ValueLosses
Value
Losses
ValueLosses
NonU.S. government~
~
~
:
~
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NO TITLEHamilton HM JXHamilton HM JX (1)!Reserves for Unpaid Losses and Reserves for Unpaid (1)Reserves for Unpaid (2)Reserves for Unpaid (3)Reserves for Unpaid (4)Reserves for Unpaid (5)Reserves for Unpaid (6)General A038E Exposures!Investment Committee and Invest
EquitiesEquities (1)Equities (2)!Minimum Solvency Margin and ResMinimum Solvency Margin (1)!Conducting Insurance Business iCapital Releases RiskBased Capital RequirementsRiskBased Capital (1)Credit for Reinsurance!Our past and future acquisition!Fluctuations in the reinsurance!Our stock price may experience !Changes in US federal income taChanges in US federal (1)!COMPARISON OF 5 YEAR CUMULATIVECOMPARISON OF 5 YEAR (1)COMPARISON OF 5 YEAR (2)NO TITLE (1)COMPARISON OF 5 YEAR (3)!Net reduction in ultimate loss !Loss and Loss Adjustment ExpensLoss and Loss Adjustment (1)!Annual Loss and Loss Adjustment
Latent Claims!2 35 Billion Ultimate Industry 2 35 Billion Ultimate (1)2 35 Billion Ultimate (2)Fixed Maturity InvestmentsFixed Maturity (1)Fixed Maturity (2)!Net Investment Income and Net R Net Investment Income and (1) Net Investment Income and (2) Net Investment Income and (3) Net Investment Income and (4) Net Investment Income and (5) Net Investment Income and (6) Net Investment Income and (7) Net Investment Income and (8) Net Investment Income and (9)!Net Investment Income and (10)!Net Investment Income and (11)!Net Investment Income and (12)!Net Investment Income and (13)!Net Investment Income and (14)!Net Investment Income and (15)!Net Investment Income and (16)!Net Investment Income and (17)!Net Investment Income and (18)!Net Investment Income and (19)!Net Investment Income and (20)!Net Investment Income and (21)!Net Investment Income and (22)!Net Investment Income and (23)!Net Investment Income and (24)Reinsurance RecoverablesReinsurance Rec (1)!Aggregate Contractual Obligatio!of Investments Classified as Tr of Investments Classified (1) of Investments Classified (2) of Investments Classified (3)
Balance SheetIncome Statement of Investments Classified (4)Shareholders Equity
Cash Flows
EGI and BHEGI and BH (1)EGI and BH (2)EGI and BH (3)EGI and BH (4)EGI and BH (5)EGI and BH (6)EGI and BH (7)EGI and BH (8)EGI and BH (9)EGI and BH (10)EGI and BH (11)EGI and BH (12)EGI and BH (13)EGI and BH (14)EGI and BH (15)EGI and BH (16)EGI and BH (17)EGI and BH (18)EGI and BH (19)EGI and BH (20)EGI and BH (21)EGI and BH (22)EGI and BH (23)Constellation ReinsuranceConstellation R (1)Constellation R (2)Constellation R (3)Constellation R (4)Constellation R (6)Constellation R (7)Constellation R (8)Constellation R (9)Constellation R (10)Constellation R (11)Constellation R (12)Constellation R (13)Constellation R (14)Constellation R (15)Constellation R (16)Constellation R (17)Constellation R (18)!OtherThanTemporary Impairment POtherThanTemporary (1)OtherThanTemporary (2)OtherThanTemporary (3)OtherThanTemporary (4)OtherThanTemporary (5)OtherThanTemporary (6)OtherThanTemporary (7)OtherThanTemporary (8)OtherThanTemporary (9)OtherThanTemporary (10)OtherThanTemporary (11)OtherThanTemporary (12)OtherThanTemporary (13)OtherThanTemporary (14)!iii Enstar Group Limited Employiii Enstar Group Limited (1)iii Enstar Group Limited (2)iii Enstar Group Limited (3)iii Enstar Group Limited (4)iii Enstar Group Limited (5)iii Enstar Group Limited (6)iii Enstar Group Limited (7)iii Enstar Group Limited (8)iii Enstar Group Limited (9) iii Enstar Group Limited (10) iii Enstar Group Limited (11) iii Enstar Group Limited (12) iii Enstar Group Limited (13) iii Enstar Group Limited (14) iii Enstar Group Limited (15)Balance Sheet (1)Income Statemen (1)Cash Flows (1)Summary CompensationBeneficial Ownership!2 Financial Statement Schedules2 Financial Statement (1)2 Financial Statement (2)2 Financial Statement (3)2 Financial Statement (4)2 Financial Statement (5)2 Financial Statement (6)2 Financial Statement (7)2 Financial Statement (8)LISTING OF SUBSIDIARIESLISTING OF SUBS (1)NO TITLE (2)NO TITLE (3)NO TITLE (4)NO TITLE (5)NO TITLE (6)U }!}$ }U}$ } }
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Enstar Group LTD10K
03/04/2010!Constellation Reinsurance
12 Months or Greater
Less Than 12 Months
Total
Fair
Unrealized
Fair
Unrealized
Fair
Unrealized
As at December 31, 2008
ValueLosses
Value
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NO TITLEHamilton HM JXHamilton HM JX (1)!Reserves for Unpaid Losses and Reserves for Unpaid (1)Reserves for Unpaid (2)Reserves for Unpaid (3)Reserves for Unpaid (4)Reserves for Unpaid (5)Reserves for Unpaid (6)General A038E Exposures!Investment Committee and Invest
EquitiesEquities (1)Equities (2)!Minimum Solvency Margin and ResMinimum Solvency Margin (1)!Conducting Insurance Business iCapital Releases RiskBased Capital RequirementsRiskBased Capital (1)Credit for Reinsurance!Our past and future acquisition!Fluctuations in the reinsurance!Our stock price may experience !Changes in US federal income taChanges in US federal (1)!COMPARISON OF 5 YEAR CUMULATIVECOMPARISON OF 5 YEAR (1)COMPARISON OF 5 YEAR (2)NO TITLE (1)COMPARISON OF 5 YEAR (3)!Net reduction in ultimate loss !Loss and Loss Adjustment ExpensLoss and Loss Adjustment (1)!Annual Loss and Loss Adjustment
Latent Claims!2 35 Billion Ultimate Industry 2 35 Billion Ultimate (1)2 35 Billion Ultimate (2)Fixed Maturity InvestmentsFixed Maturity (1)Fixed Maturity (2)!Net Investment Income and Net R Net Investment Income and (1) Net Investment Income and (2) Net Investment Income and (3) Net Investment Income and (4) Net Investment Income and (5) Net Investment Income and (6) Net Investment Income and (7) Net Investment Income and (8) Net Investment Income and (9)!Net Investment Income and (10)!Net Investment Income and (11)!Net Investment Income and (12)!Net Investment Income and (13)!Net Investment Income and (14)!Net Investment Income and (15)!Net Investment Income and (16)!Net Investment Income and (17)!Net Investment Income and (18)!Net Investment Income and (19)!Net Investment Income and (20)!Net Investment Income and (21)!Net Investment Income and (22)!Net Investment Income and (23)!Net Investment Income and (24)Reinsurance RecoverablesReinsurance Rec (1)!Aggregate Contractual Obligatio!of Investments Classified as Tr of Investments Classified (1) of Investments Classified (2) of Investments Classified (3)
Balance SheetIncome Statement of Investments Classified (4)Shareholders Equity
Cash Flows
EGI and BHEGI and BH (1)EGI and BH (2)EGI and BH (3)EGI and BH (4)EGI and BH (5)EGI and BH (6)EGI and BH (7)EGI and BH (8)EGI and BH (9)EGI and BH (10)EGI and BH (11)EGI and BH (12)EGI and BH (13)EGI and BH (14)EGI and BH (15)EGI and BH (16)EGI and BH (17)EGI and BH (18)EGI and BH (19)EGI and BH (20)EGI and BH (21)EGI and BH (22)EGI and BH (23)Constellation ReinsuranceConstellation R (1)Constellation R (2)Constellation R (3)Constellation R (4)Constellation R (5)Constellation R (7)Constellation R (8)Constellation R (9)Constellation R (10)Constellation R (11)Constellation R (12)Constellation R (13)Constellation R (14)Constellation R (15)Constellation R (16)Constellation R (17)Constellation R (18)!OtherThanTemporary Impairment POtherThanTemporary (1)OtherThanTemporary (2)OtherThanTemporary (3)OtherThanTemporary (4)OtherThanTemporary (5)OtherThanTemporary (6)OtherThanTemporary (7)OtherThanTemporary (8)OtherThanTemporary (9)OtherThanTemporary (10)OtherThanTemporary (11)OtherThanTemporary (12)OtherThanTemporary (13)OtherThanTemporary (14)!iii Enstar Group Limited Employiii Enstar Group Limited (1)iii Enstar Group Limited (2)iii Enstar Group Limited (3)iii Enstar Group Limited (4)iii Enstar Group Limited (5)iii Enstar Group Limited (6)iii Enstar Group Limited (7)iii Enstar Group Limited (8)iii Enstar Group Limited (9) iii Enstar Group Limited (10) iii Enstar Group Limited (11) iii Enstar Group Limited (12) iii Enstar Group Limited (13) iii Enstar Group Limited (14) iii Enstar Group Limited (15)Balance Sheet (1)Income Statemen (1)Cash Flows (1)Summary CompensationBeneficial Ownership!2 Financial Statement Schedules2 Financial Statement (1)2 Financial Statement (2)2 Financial Statement (3)2 Financial Statement (4)2 Financial Statement (5)2 Financial Statement (6)2 Financial Statement (7)2 Financial Statement (8)LISTING OF SUBSIDIARIESLISTING OF SUBS (1)NO TITLE (2)NO TITLE (3)NO TITLE (4)NO TITLE (5)NO TITLE (6)U }0.}$ }}$ }}
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Enstar Group LTD10K
03/04/2010!Constellation Reinsurance
Amortized Fair
% of Total
As at December 31, 2009Cost
Value
Fair Value
Due in one year or less
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Latent Claims!2 35 Billion Ultimate Industry 2 35 Billion Ultimate (1)2 35 Billion Ultimate (2)Fixed Maturity InvestmentsFixed Maturity (1)Fixed Maturity (2)!Net Investment Income and Net R Net Investment Income and (1) Net Investment Income and (2) Net Investment Income and (3) Net Investment Income and (4) Net Investment Income and (5) Net Investment Income and (6) Net Investment Income and (7) Net Investment Income and (8) Net Investment Income and (9)!Net Investment Income and (10)!Net Investment Income and (11)!Net Investment Income and (12)!Net Investment Income and (13)!Net Investment Income and (14)!Net Investment Income and (15)!Net Investment Income and (16)!Net Investment Income and (17)!Net Investment Income and (18)!Net Investment Income and (19)!Net Investment Income and (20)!Net Investment Income and (21)!Net Investment Income and (22)!Net Investment Income and (23)!Net Investment Income and (24)Reinsurance RecoverablesReinsurance Rec (1)!Aggregate Contractual Obligatio!of Investments Classified as Tr of Investments Classified (1) of Investments Classified (2) of Investments Classified (3)
Balance SheetIncome Statement of Investments Classified (4)Shareholders Equity
Cash Flows
EGI and BHEGI and BH (1)EGI and BH (2)EGI and BH (3)EGI and BH (4)EGI and BH (5)EGI and BH (6)EGI and BH (7)EGI and BH (8)EGI and BH (9)EGI and BH (10)EGI and BH (11)EGI and BH (12)EGI and BH (13)EGI and BH (14)EGI and BH (15)EGI and BH (16)EGI and BH (17)EGI and BH (18)EGI and BH (19)EGI and BH (20)EGI and BH (21)EGI and BH (22)EGI and BH (23)Constellation ReinsuranceConstellation R (1)Constellation R (2)Constellation R (3)Constellation R (4)Constellation R (5)Constellation R (6)Constellation R (8)Constellation R (9)Constellation R (10)Constellation R (11)Constellation R (12)Constellation R (13)Constellation R (14)Constellation R (15)Constellation R (16)Constellation R (17)Constellation R (18)!OtherThanTemporary Impairment POtherThanTemporary (1)OtherThanTemporary (2)OtherThanTemporary (3)OtherThanTemporary (4)OtherThanTemporary (5)OtherThanTemporary (6)OtherThanTemporary (7)OtherThanTemporary (8)OtherThanTemporary (9)OtherThanTemporary (10)OtherThanTemporary (11)OtherThanTemporary (12)OtherThanTemporary (13)OtherThanTemporary (14)!iii Enstar Group Limited Employiii Enstar Group Limited (1)iii Enstar Group Limited (2)iii Enstar Group Limited (3)iii Enstar Group Limited (4)iii Enstar Group Limited (5)iii Enstar Group Limited (6)iii Enstar Group Limited (7)iii Enstar Group Limited (8)iii Enstar Group Limited (9) iii Enstar Group Limited (10) iii Enstar Group Limited (11) iii Enstar Group Limited (12) iii Enstar Group Limited (13) iii Enstar Group Limited (14) iii Enstar Group Limited (15)Balance Sheet (1)Income Statemen (1)Cash Flows (1)Summary CompensationBeneficial Ownership!2 Financial Statement Schedules2 Financial Statement (1)2 Financial Statement (2)2 Financial Statement (3)2 Financial Statement (4)2 Financial Statement (5)2 Financial Statement (6)2 Financial Statement (7)2 Financial Statement (8)LISTING OF SUBSIDIARIESLISTING OF SUBS (1)NO TITLE (2)NO TITLE (3)NO TITLE (4)NO TITLE (5)NO TITLE (6)U }0.}$ }}$ }}
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Enstar Group LTD10K
03/04/2010!Constellation Reinsurance
Amortized Fair
% of Total
As at December 31, 2008Cost
Value
Fair Value
Due in one year or less
~
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NO TITLEHamilton HM JXHamilton HM JX (1)!Reserves for Unpaid Losses and Reserves for Unpaid (1)Reserves for Unpaid (2)Reserves for Unpaid (3)Reserves for Unpaid (4)Reserves for Unpaid (5)Reserves for Unpaid (6)General A038E Exposures!Investment Committee and Invest
EquitiesEquities (1)Equities (2)!Minimum Solvency Margin and ResMinimum Solvency Margin (1)!Conducting Insurance Business iCapital Releases RiskBased Capital RequirementsRiskBased Capital (1)Credit for Reinsurance!Our past and future acquisition!Fluctuations in the reinsurance!Our stock price may experience !Changes in US federal income taChanges in US federal (1)!COMPARISON OF 5 YEAR CUMULATIVECOMPARISON OF 5 YEAR (1)COMPARISON OF 5 YEAR (2)NO TITLE (1)COMPARISON OF 5 YEAR (3)!Net reduction in ultimate loss !Loss and Loss Adjustment ExpensLoss and Loss Adjustment (1)!Annual Loss and Loss Adjustment
Latent Claims!2 35 Billion Ultimate Industry 2 35 Billion Ultimate (1)2 35 Billion Ultimate (2)Fixed Maturity InvestmentsFixed Maturity (1)Fixed Maturity (2)!Net Investment Income and Net R Net Investment Income and (1) Net Investment Income and (2) Net Investment Income and (3) Net Investment Income and (4) Net Investment Income and (5) Net Investment Income and (6) Net Investment Income and (7) Net Investment Income and (8) Net Investment Income and (9)!Net Investment Income and (10)!Net Investment Income and (11)!Net Investment Income and (12)!Net Investment Income and (13)!Net Investment Income and (14)!Net Investment Income and (15)!Net Investment Income and (16)!Net Investment Income and (17)!Net Investment Income and (18)!Net Investment Income and (19)!Net Investment Income and (20)!Net Investment Income and (21)!Net Investment Income and (22)!Net Investment Income and (23)!Net Investment Income and (24)Reinsurance RecoverablesReinsurance Rec (1)!Aggregate Contractual Obligatio!of Investments Classified as Tr of Investments Classified (1) of Investments Classified (2) of Investments Classified (3)
Balance SheetIncome Statement of Investments Classified (4)Shareholders Equity
Cash Flows
EGI and BHEGI and BH (1)EGI and BH (2)EGI and BH (3)EGI and BH (4)EGI and BH (5)EGI and BH (6)EGI and BH (7)EGI and BH (8)EGI and BH (9)EGI and BH (10)EGI and BH (11)EGI and BH (12)EGI and BH (13)EGI and BH (14)EGI and BH (15)EGI and BH (16)EGI and BH (17)EGI and BH (18)EGI and BH (19)EGI and BH (20)EGI and BH (21)EGI and BH (22)EGI and BH (23)Constellation ReinsuranceConstellation R (1)Constellation R (2)Constellation R (3)Constellation R (4)Constellation R (5)Constellation R (6)Constellation R (7)Constellation R (9)Constellation R (10)Constellation R (11)Constellation R (12)Constellation R (13)Constellation R (14)Constellation R (15)Constellation R (16)Constellation R (17)Constellation R (18)!OtherThanTemporary Impairment POtherThanTemporary (1)OtherThanTemporary (2)OtherThanTemporary (3)OtherThanTemporary (4)OtherThanTemporary (5)OtherThanTemporary (6)OtherThanTemporary (7)OtherThanTemporary (8)OtherThanTemporary (9)OtherThanTemporary (10)OtherThanTemporary (11)OtherThanTemporary (12)OtherThanTemporary (13)OtherThanTemporary (14)!iii Enstar Group Limited Employiii Enstar Group Limited (1)iii Enstar Group Limited (2)iii Enstar Group Limited (3)iii Enstar Group Limited (4)iii Enstar Group Limited (5)iii Enstar Group Limited (6)iii Enstar Group Limited (7)iii Enstar Group Limited (8)iii Enstar Group Limited (9) iii Enstar Group Limited (10) iii Enstar Group Limited (11) iii Enstar Group Limited (12) iii Enstar Group Limited (13) iii Enstar Group Limited (14) iii Enstar Group Limited (15)Balance Sheet (1)Income Statemen (1)Cash Flows (1)Summary CompensationBeneficial Ownership!2 Financial Statement Schedules2 Financial Statement (1)2 Financial Statement (2)2 Financial Statement (3)2 Financial Statement (4)2 Financial Statement (5)2 Financial Statement (6)2 Financial Statement (7)2 Financial Statement (8)LISTING OF SUBSIDIARIESLISTING OF SUBS (1)NO TITLE (2)NO TITLE (3)NO TITLE (4)NO TITLE (5)NO TITLE (6)U }U}$ }}$ }}
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Enstar Group LTD10K
03/04/2010!Constellation Reinsurance
Amortized Fair
% of Total
As at December 31, 2009Cost
Value
Fair Value
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EquitiesEquities (1)Equities (2)!Minimum Solvency Margin and ResMinimum Solvency Margin (1)!Conducting Insurance Business iCapital Releases RiskBased Capital RequirementsRiskBased Capital (1)Credit for Reinsurance!Our past and future acquisition!Fluctuations in the reinsurance!Our stock price may experience !Changes in US federal income taChanges in US federal (1)!COMPARISON OF 5 YEAR CUMULATIVECOMPARISON OF 5 YEAR (1)COMPARISON OF 5 YEAR (2)NO TITLE (1)COMPARISON OF 5 YEAR (3)!Net reduction in ultimate loss !Loss and Loss Adjustment ExpensLoss and Loss Adjustment (1)!Annual Loss and Loss Adjustment
Latent Claims!2 35 Billion Ultimate Industry 2 35 Billion Ultimate (1)2 35 Billion Ultimate (2)Fixed Maturity InvestmentsFixed Maturity (1)Fixed Maturity (2)!Net Investment Income and Net R Net Investment Income and (1) Net Investment Income and (2) Net Investment Income and (3) Net Investment Income and (4) Net Investment Income and (5) Net Investment Income and (6) Net Investment Income and (7) Net Investment Income and (8) Net Investment Income and (9)!Net Investment Income and (10)!Net Investment Income and (11)!Net Investment Income and (12)!Net Investment Income and (13)!Net Investment Income and (14)!Net Investment Income and (15)!Net Investment Income and (16)!Net Investment Income and (17)!Net Investment Income and (18)!Net Investment Income and (19)!Net Investment Income and (20)!Net Investment Income and (21)!Net Investment Income and (22)!Net Investment Income and (23)!Net Investment Income and (24)Reinsurance RecoverablesReinsurance Rec (1)!Aggregate Contractual Obligatio!of Investments Classified as Tr of Investments Classified (1) of Investments Classified (2) of Investments Classified (3)
Balance SheetIncome Statement of Investments Classified (4)Shareholders Equity
Cash Flows
EGI and BHEGI and BH (1)EGI and BH (2)EGI and BH (3)EGI and BH (4)EGI and BH (5)EGI and BH (6)EGI and BH (7)EGI and BH (8)EGI and BH (9)EGI and BH (10)EGI and BH (11)EGI and BH (12)EGI and BH (13)EGI and BH (14)EGI and BH (15)EGI and BH (16)EGI and BH (17)EGI and BH (18)EGI and BH (19)EGI and BH (20)EGI and BH (21)EGI and BH (22)EGI and BH (23)Constellation ReinsuranceConstellation R (1)Constellation R (2)Constellation R (3)Constellation R (4)Constellation R (5)Constellation R (6)Constellation R (7)Constellation R (8)Constellation R (10)Constellation R (11)Constellation R (12)Constellation R (13)Constellation R (14)Constellation R (15)Constellation R (16)Constellation R (17)Constellation R (18)!OtherThanTemporary Impairment POtherThanTemporary (1)OtherThanTemporary (2)OtherThanTemporary (3)OtherThanTemporary (4)OtherThanTemporary (5)OtherThanTemporary (6)OtherThanTemporary (7)OtherThanTemporary (8)OtherThanTemporary (9)OtherThanTemporary (10)OtherThanTemporary (11)OtherThanTemporary (12)OtherThanTemporary (13)OtherThanTemporary (14)!iii Enstar Group Limited Employiii Enstar Group Limited (1)iii Enstar Group Limited (2)iii Enstar Group Limited (3)iii Enstar Group Limited (4)iii Enstar Group Limited (5)iii Enstar Group Limited (6)iii Enstar Group Limited (7)iii Enstar Group Limited (8)iii Enstar Group Limited (9) iii Enstar Group Limited (10) iii Enstar Group Limited (11) iii Enstar Group Limited (12) iii Enstar Group Limited (13) iii Enstar Group Limited (14) iii Enstar Group Limited (15)Balance Sheet (1)Income Statemen (1)Cash Flows (1)Summary CompensationBeneficial Ownership!2 Financial Statement Schedules2 Financial Statement (1)2 Financial Statement (2)2 Financial Statement (3)2 Financial Statement (4)2 Financial Statement (5)2 Financial Statement (6)2 Financial Statement (7)2 Financial Statement (8)LISTING OF SUBSIDIARIESLISTING OF SUBS (1)NO TITLE (2)NO TITLE (3)NO TITLE (4)NO TITLE (5)NO TITLE (6)U }U}$ }}$ }}
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Enstar Group LTD10K
03/04/2010!Constellation Reinsurance
Amortized Fair
% of Total
As at December 31, 2008Cost
Value
Fair Value
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NO TITLEHamilton HM JXHamilton HM JX (1)!Reserves for Unpaid Losses and Reserves for Unpaid (1)Reserves for Unpaid (2)Reserves for Unpaid (3)Reserves for Unpaid (4)Reserves for Unpaid (5)Reserves for Unpaid (6)General A038E Exposures!Investment Committee and Invest
EquitiesEquities (1)Equities (2)!Minimum Solvency Margin and ResMinimum Solvency Margin (1)!Conducting Insurance Business iCapital Releases RiskBased Capital RequirementsRiskBased Capital (1)Credit for Reinsurance!Our past and future acquisition!Fluctuations in the reinsurance!Our stock price may experience !Changes in US federal income taChanges in US federal (1)!COMPARISON OF 5 YEAR CUMULATIVECOMPARISON OF 5 YEAR (1)COMPARISON OF 5 YEAR (2)NO TITLE (1)COMPARISON OF 5 YEAR (3)!Net reduction in ultimate loss !Loss and Loss Adjustment ExpensLoss and Loss Adjustment (1)!Annual Loss and Loss Adjustment
Latent Claims!2 35 Billion Ultimate Industry 2 35 Billion Ultimate (1)2 35 Billion Ultimate (2)Fixed Maturity InvestmentsFixed Maturity (1)Fixed Maturity (2)!Net Investment Income and Net R Net Investment Income and (1) Net Investment Income and (2) Net Investment Income and (3) Net Investment Income and (4) Net Investment Income and (5) Net Investment Income and (6) Net Investment Income and (7) Net Investment Income and (8) Net Investment Income and (9)!Net Investment Income and (10)!Net Investment Income and (11)!Net Investment Income and (12)!Net Investment Income and (13)!Net Investment Income and (14)!Net Investment Income and (15)!Net Investment Income and (16)!Net Investment Income and (17)!Net Investment Income and (18)!Net Investment Income and (19)!Net Investment Income and (20)!Net Investment Income and (21)!Net Investment Income and (22)!Net Investment Income and (23)!Net Investment Income and (24)Reinsurance RecoverablesReinsurance Rec (1)!Aggregate Contractual Obligatio!of Investments Classified as Tr of Investments Classified (1) of Investments Classified (2) of Investments Classified (3)
Balance SheetIncome Statement of Investments Classified (4)Shareholders Equity
Cash Flows
EGI and BHEGI and BH (1)EGI and BH (2)EGI and BH (3)EGI and BH (4)EGI and BH (5)EGI and BH (6)EGI and BH (7)EGI and BH (8)EGI and BH (9)EGI and BH (10)EGI and BH (11)EGI and BH (12)EGI and BH (13)EGI and BH (14)EGI and BH (15)EGI and BH (16)EGI and BH (17)EGI and BH (18)EGI and BH (19)EGI and BH (20)EGI and BH (21)EGI and BH (22)EGI and BH (23)Constellation ReinsuranceConstellation R (1)Constellation R (2)Constellation R (3)Constellation R (4)Constellation R (5)Constellation R (6)Constellation R (7)Constellation R (8)Constellation R (9)Constellation R (11)Constellation R (12)Constellation R (13)Constellation R (14)Constellation R (15)Constellation R (16)Constellation R (17)Constellation R (18)!OtherThanTemporary Impairment POtherThanTemporary (1)OtherThanTemporary (2)OtherThanTemporary (3)OtherThanTemporary (4)OtherThanTemporary (5)OtherThanTemporary (6)OtherThanTemporary (7)OtherThanTemporary (8)OtherThanTemporary (9)OtherThanTemporary (10)OtherThanTemporary (11)OtherThanTemporary (12)OtherThanTemporary (13)OtherThanTemporary (14)!iii Enstar Group Limited Employiii Enstar Group Limited (1)iii Enstar Group Limited (2)iii Enstar Group Limited (3)iii Enstar Group Limited (4)iii Enstar Group Limited (5)iii Enstar Group Limited (6)iii Enstar Group Limited (7)iii Enstar Group Limited (8)iii Enstar Group Limited (9) iii Enstar Group Limited (10) iii Enstar Group Limited (11) iii Enstar Group Limited (12) iii Enstar Group Limited (13) iii Enstar Group Limited (14) iii Enstar Group Limited (15)Balance Sheet (1)Income Statemen (1)Cash Flows (1)Summary CompensationBeneficial Ownership!2 Financial Statement Schedules2 Financial Statement (1)2 Financial Statement (2)2 Financial Statement (3)2 Financial Statement (4)2 Financial Statement (5)2 Financial Statement (6)2 Financial Statement (7)2 Financial Statement (8)LISTING OF SUBSIDIARIESLISTING OF SUBS (1)NO TITLE (2)NO TITLE (3)NO TITLE (4)NO TITLE (5)NO TITLE (6)U }!}$ }
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Enstar Group LTD10K
03/04/2010!Constellation Reinsurance
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NO TITLEHamilton HM JXHamilton HM JX (1)!Reserves for Unpaid Losses and Reserves for Unpaid (1)Reserves for Unpaid (2)Reserves for Unpaid (3)Reserves for Unpaid (4)Reserves for Unpaid (5)Reserves for Unpaid (6)General A038E Exposures!Investment Committee and Invest
EquitiesEquities (1)Equities (2)!Minimum Solvency Margin and ResMinimum Solvency Margin (1)!Conducting Insurance Business iCapital Releases RiskBased Capital RequirementsRiskBased Capital (1)Credit for Reinsurance!Our past and future acquisition!Fluctuations in the reinsurance!Our stock price may experience !Changes in US federal income taChanges in US federal (1)!COMPARISON OF 5 YEAR CUMULATIVECOMPARISON OF 5 YEAR (1)COMPARISON OF 5 YEAR (2)NO TITLE (1)COMPARISON OF 5 YEAR (3)!Net reduction in ultimate loss !Loss and Loss Adjustment ExpensLoss and Loss Adjustment (1)!Annual Loss and Loss Adjustment
Latent Claims!2 35 Billion Ultimate Industry 2 35 Billion Ultimate (1)2 35 Billion Ultimate (2)Fixed Maturity InvestmentsFixed Maturity (1)Fixed Maturity (2)!Net Investment Income and Net R Net Investment Income and (1) Net Investment Income and (2) Net Investment Income and (3) Net Investment Income and (4) Net Investment Income and (5) Net Investment Income and (6) Net Investment Income and (7) Net Investment Income and (8) Net Investment Income and (9)!Net Investment Income and (10)!Net Investment Income and (11)!Net Investment Income and (12)!Net Investment Income and (13)!Net Investment Income and (14)!Net Investment Income and (15)!Net Investment Income and (16)!Net Investment Income and (17)!Net Investment Income and (18)!Net Investment Income and (19)!Net Investment Income and (20)!Net Investment Income and (21)!Net Investment Income and (22)!Net Investment Income and (23)!Net Investment Income and (24)Reinsurance RecoverablesReinsurance Rec (1)!Aggregate Contractual Obligatio!of Investments Classified as Tr of Investments Classified (1) of Investments Classified (2) of Investments Classified (3)
Balance SheetIncome Statement of Investments Classified (4)Shareholders Equity
Cash Flows
EGI and BHEGI and BH (1)EGI and BH (2)EGI and BH (3)EGI and BH (4)EGI and BH (5)EGI and BH (6)EGI and BH (7)EGI and BH (8)EGI and BH (9)EGI and BH (10)EGI and BH (11)EGI and BH (12)EGI and BH (13)EGI and BH (14)EGI and BH (15)EGI and BH (16)EGI and BH (17)EGI and BH (18)EGI and BH (19)EGI and BH (20)EGI and BH (21)EGI and BH (22)EGI and BH (23)Constellation ReinsuranceConstellation R (1)Constellation R (2)Constellation R (3)Constellation R (4)Constellation R (5)Constellation R (6)Constellation R (7)Constellation R (8)Constellation R (9)Constellation R (10)Constellation R (12)Constellation R (13)Constellation R (14)Constellation R (15)Constellation R (16)Constellation R (17)Constellation R (18)!OtherThanTemporary Impairment POtherThanTemporary (1)OtherThanTemporary (2)OtherThanTemporary (3)OtherThanTemporary (4)OtherThanTemporary (5)OtherThanTemporary (6)OtherThanTemporary (7)OtherThanTemporary (8)OtherThanTemporary (9)OtherThanTemporary (10)OtherThanTemporary (11)OtherThanTemporary (12)OtherThanTemporary (13)OtherThanTemporary (14)!iii Enstar Group Limited Employiii Enstar Group Limited (1)iii Enstar Group Limited (2)iii Enstar Group Limited (3)iii Enstar Group Limited (4)iii Enstar Group Limited (5)iii Enstar Group Limited (6)iii Enstar Group Limited (7)iii Enstar Group Limited ( 