Q1 2022 Enstar Group Ltd Earnings Call Transcript
Hello, everyone. I am Matthew Kirk, Group Treasurer and Head of Investor Relations. Thank you for listening to Enstar's first-quarter 2022 earnings audio review with acting CFO, Orla Gregory.
Before we begin, I'd like to remind everyone that this presentation contains forward-looking statements and non-GAAP financial measures. Important information regarding these statements and measures is outlined in the text that appears below the link to this recording. With that, I will turn it over to Orla.
Thanks, Matt. And welcome to our audio update, which complements our first-quarter public filings and provides more context around our results.
We started the year with one of our biggest ever loss portfolio transactions -- our $3.1 billion run-off deal with Aspen. It's also one of the largest transactions in industry history and underlines our reputation and our leading position in the run-off market.
We will assume an incremental $2.4 billion of net
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