Enstar Group Limited (Enstar) acquires and manages insurance and reinsurance companies in run-off and portfolios of insurance and reinsurance business in run-off, and provides management, consultancy and other services to the insurance and reinsurance industry. Enstar derives its net earnings from the ownership and management of these companies and portfolios of business in run-off primarily by settling insurance and reinsurance claims below the acquired value of loss reserves and from returns on the portfolio of investments retained to pay future claims. In addition, the Company provides management and consultancy services, claims inspection services and reinsurance collection services to its affiliates and third-party clients for both fixed and success-based fees. In April 2014, Enstar and Stone Point Capital LLC acquired Torus Insurance Holdings Ltd. The Company operates in four segments: Non-life run-off, Atrium, Torus, and Life and annuities.