Enron’s Bermuda captive goes into liquidation

By David Marchant

23 years ago

Topics

Keywords

Bermuda Insurance Market Enron European Finance Re Harrington International Insurance Ltd. Hunter & Hunter

Liquidations & Insolvencies Risk Management & Trading Corp.

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Enron Corp’s Bermuda-registered captive, Enron Re Ltd., has assets of just $9.58 million to meet its liabilities, according to its liquidators.
The self-insurance vehicle was ordered into provisional liquidation at Bermuda Supreme Court on January 2, 2002 following an application by the Supervisor of Insurance and the Bermuda Monetary Authority.

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