DARAG consolidates presence in North American legacy market with SunPoint deal
The deal will boost its claims operation with wide scale licenses, in-house management and expertise in specialist and complex claims.
DARAG completes first company acquisition in Luxembourg
Its CEO said its global transaction pipeline is also extremely strong.
DARAG sells non-legacy Italian business to NOBIS
The group wants to streamline its operations to focus exclusively on legacy solutions.
DARAG unveils reinsurance transfer deal with Axeria Re
The transfer of reinsurance business provides economic, operational and legal exit for the Maltese reinsurer.
Insurers must be ruthless with poorly performing business units: DARAG
Legacy can be an attractive alternative to raising capital via an equity or bond issue, or reinsurance.
DARAG strikes $40m novation deal with Cayman reinsurer
The novation agreement will provide finality for the reinsurer's US liability books of business.
DARAG bolsters German leadership with new CEO and CFO
New chief financial officer comes from a HDI Group company, having held a series of senior positions at Talanx.
DARAG seals loss portfolio transfer deal within new North American insurer
Completion of US transaction one of many ‘key milestones’ for the expanding legacy acquisition firm.
DARAG hires ex-Chubb, Hiscox as CFO and GC for North American business
The legacy acquirer is looking to implement the next phase of its strategic growth plan in North America.
DARAG strikes first acquisition deal in Luxembourg
The company has acquired automobile and travel insurance company Arisa, a subsidiary of ADAC Versicherung AG.