Stone Point Capital Llc - Jul 2, 2025 Form 4 Insider Report for Enstar Group LTD (ESGR)

Role: Director
Signature: Stone Point Capital LLC, By: /s/ Jacqueline Giammarco, Chief Compliance Officer
Stock symbol: ESGR
Transactions as of: Jul 2, 2025
Transactions value $: -$490,504,248
Form type: 4
Date filed: 7/7/2025, 05:00 PM
Previous filing: Jun 28, 2024
SEC: View on sec.gov

Reporting Owners (4)

Name	Relationship	Address	Signature	Signature date	CIK
STONE POINT CAPITAL LLC	Director	20 HORSENECK LANE, GREENWICH	Stone Point Capital LLC, By: /s/ Jacqueline Giammarco, Chief Compliance Officer	2025-07-07	0001332638
Stone Point GP Ltd.	Director	STONE POINT CAPITAL LLC, 20 HORSENECK LANE, GREENWICH	Stone Point GP Ltd., By: /s/ Jacqueline Giammarco, Vice President	2025-07-07	0001492231
Trident V Parallel Fund, L.P.	Director	STONE POINT CAPITAL LLC, 20 HORSENECK LANE, GREENWICH	Trident V Parallel Fund, L.P., By: Trident Capital V-PF, L.P., its sole general partner, By: DW Trident V, LLC, a general partner, By: /s/ Jacqueline Giammarco, Vice President	2025-07-07	0001492068
TRIDENT V, L.P.	Director	STONE POINT CAPITAL LLC, 20 HORSENECK LANE, GREENWICH	Trident V, L.P., By: Trident Capital V, L.P., its sole general partner, By: DW Trident V, LLC, a general partner, By: /s/ Jacqueline Giammarco, Vice President	2025-07-07	0001459925

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ESGR	Ordinary Shares	Other	-$491M	-1.45M	-100%	$338.00	0	Jul 2, 2025	See Note	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Stone Point Capital Llc is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id	Content
F1	On July 2, 2025, the Issuer completed the transactions contemplated by that certain Agreement and Plan of Merger, dated as of July 29, 2024 (the "Merger Agreement") by and among Deer Ltd., an exempted company limited by shares existing under the laws of Bermuda and a direct wholly owned Subsidiary of the Issuer ("New Company Holdco"), Deer Merger Sub Ltd., an exempted company limited by shares existing under the laws of Bermuda and a direct wholly owned Subsidiary of New Company Holdco ("Company Merger Sub"), Elk Bidco Limited, an exempted company limited by shares existing under the laws of Bermuda ("Parent"), and Elk Merger Sub Limited, an exempted company limited by shares existing under the laws of Bermuda and a direct wholly owned Subsidiary of Parent ("Parent Merger Sub").
F2	Parent and Merger Sub were backed by equity commitments from investment vehicles managed or advised by affiliates of Sixth Street Partners, LLC. Pursuant to the Merger Agreement, the Issuer, New Company Holdco, Company Merger Sub, Parent and Parent Merger Sub effected a series of mergers (collectively, the "Mergers"), with the Issuer surviving such mergers as a wholly owned subsidiary of Parent. As of the date hereof, following the Mergers, the Reporting Persons does not beneficially own any Ordinary Shares.

Content

On July 2, 2025, the Issuer completed the transactions contemplated by that certain Agreement and Plan of Merger, dated as of July 29, 2024 (the "Merger Agreement") by and among Deer Ltd., an exempted company limited by shares existing under the laws of Bermuda and a direct wholly owned Subsidiary of the Issuer ("New Company Holdco"), Deer Merger Sub Ltd., an exempted company limited by shares existing under the laws of Bermuda and a direct wholly owned Subsidiary of New Company Holdco ("Company Merger Sub"), Elk Bidco Limited, an exempted company limited by shares existing under the laws of Bermuda ("Parent"), and Elk Merger Sub Limited, an exempted company limited by shares existing under the laws of Bermuda and a direct wholly owned Subsidiary of Parent ("Parent Merger Sub").

Parent and Merger Sub were backed by equity commitments from investment vehicles managed or advised by affiliates of Sixth Street Partners, LLC. Pursuant to the Merger Agreement, the Issuer, New Company Holdco, Company Merger Sub, Parent and Parent Merger Sub effected a series of mergers (collectively, the "Mergers"), with the Issuer surviving such mergers as a wholly owned subsidiary of Parent. As of the date hereof, following the Mergers, the Reporting Persons does not beneficially own any Ordinary Shares.