Article ID: 3e51fe7988ee0f9cf9e9d54afd333e6b71e7d7d920deca9486727d7117f87acd
Source ID: secondary:businessinsurance.com
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Extraction Method: bs4_heuristic
URL: https://www.businessinsurance.com/enstar-to-acquire-comp-specialty-insurer-af-group/
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Enstar to acquire comp, specialty insurer AF Group - Business Insurance Skip to content Register for free Search Search Log In Risk Management Cyber Risks Pricing Trends Mergers & Acquisitions Technology Sponsored Content WSIA RISKWORLD Workers Comp & Safety Workers Comp Cost Control Pain Management Workplace Safety International EMEA Asia-Pacific Latin America People Events BI Intelligence Top 100 Agents & Brokers Best Places to Work 2025 Lists Directories Insurance Pricing BI Stock Index Magazine Current Issue Past Issues Women to Watch ALL INsurance Resources Risk Perspectives Sponsored Content Webinars White Papers Risk Management Cyber Risks Pricing Trends Mergers & Acquisitions Technology Sponsored Content WSIA RISKWORLD Workers Comp & Safety Workers Comp Cost Control Pain Management Workplace Safety International EMEA Asia-Pacific Latin America People Events BI Intelligence Top 100 Agents & Brokers Best Places to Work 2025 Lists Directories Insurance Pricing BI Stock Index Magazine Current Issue Past Issues Women to Watch ALL INsurance Resources Risk Perspectives Sponsored Content Webinars White Papers Risk Management Cyber Risks Pricing Trends Mergers & Acquisitions Technology Sponsored Content WSIA RISKWORLD Workers Comp & Safety Workers Comp Cost Control Pain Management Workplace Safety International EMEA Asia-Pacific Latin America People Events BI Intelligence Top 100 Agents & Brokers Best Places to Work 2025 Lists Directories Insurance Pricing BI Stock Index Magazine Current Issue Past Issues Women to Watch ALL INsurance Resources Risk Perspectives Sponsored Content Webinars White Papers Risk Management Cyber Risks Pricing Trends Mergers & Acquisitions Technology Sponsored Content WSIA RISKWORLD Workers Comp & Safety Workers Comp Cost Control Pain Management Workplace Safety International EMEA Asia-Pacific Latin America People Events BI Intelligence Top 100 Agents & Brokers Best Places to Work 2025 Lists Directories Insurance Pricing BI Stock Index Magazine Current Issue Past Issues Women to Watch ALL INsurance Resources Risk Perspectives Sponsored Content Webinars White Papers Enstar to acquire comp, specialty insurer AF Group by Gavin Souter Mergers and Acquisitions , Workers Comp , Workers Comp Coverage Bermuda Feb 13, 2026 Enstar Group said Friday it has agreed to acquire Accident Fund Holdings, known as AF Group, from Blue Cross Blue Shield of Michigan. Lansing, Michigan-based AF Group recorded about $3.3 billion in gross written premium in 2025, according to Bermuda-based Enstar. According to its most recent financial report, AF Group reported net income of $184.8 million in 2024, a 67% increase from 2023. The company’s operating divisions include Accident Fund, United Heartland, CompWest Insurance, Third Coast Underwriters and AF Specialty. It has about 2,300 staff. AF Group will operate largely as a standalone company under its current leadership, Enstar said. The deal combines AF Group’s underwriting discipline with Enstar’s financial strength, AF Group President and CEO Lisa Corless said in a statement. The purchase, expected to close in the second half of 2026, follows Enstar’s move to private ownership last year. Investment vehicles managed by private equity firm Sixth Street acquired Enstar in a deal that valued the company at about $5.1 billion. Related News The first rule of AI fight club: don’t deepfake Tom Cruise February 13, 2026 States target workplace AI with notice, limits and oversight proposals February 13, 2026 Bill proposes mandatory registration for staffing companies February 13, 2026 The BI Top 10 for the week of Feb. 9, 2026 February 13, 2026 Tennessee comp rates to see modest decline in 2026 February 13, 2026 Mapfre’s profit jumps 20% February 13, 2026 Markel expands to South Korea, Japan February 13, 2026 IAG’s first-half profit falls 35% February 13, 2026 Admiral to acquire commercial fleet insurer for $109M February 13, 2026 Facebook-f X-twitter Linkedin-in Business Insurance is a singular, authoritative news and information source for executives focused upon risk management, risk transfer and risk financing. Never miss important news: Become a Business Insurance Online subscriber today Subscribe Now Information About Us Contact Advertise Privacy Policy Terms & Conditions Copyright 2026. BUSINESS INSURANCE HOLDINGS Member, Beacon International Group, Ltd.
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