Enstar's legacy of second chances

The Enstar Group is a global insurance group with over 30 years experience specializing in legacy or “run-off” transactions. This specialization helps insurers shed unprofitable or unwanted lines of business, such as books of claims, to shift their strategic focus, and can entail reinsurance, elimination of reserve risks, providing expansion capital, resolving liabilities and more. Enstar has worked with AIG, Argo, Aspen, BorgWarner and others to eliminate risk, improve solvency, build capital and resolve liabilities. Insurtechs also can use legacy transactions to pivot to serve a different function or need.

Chloé Paillot, chief transaction actuary at Enstar.

Chloé Paillot, chief transaction actuary at Enstar, and her team, evaluate potential transactions for their impact on reserves and capital. Digital Insurance spoke with Paillot about how actuary functions in this legacy specialization are evolving, pricing and modeling needs, and data and technology concerns.

This interview has been edited for clarity.