DARAG agrees LPT deal with China Taiping’s UK subsidiary hit by Brexit

10-12-2021

DARAG agrees LPT deal with China Taiping’s UK subsidiary hit by Brexit

European legacy acquirer DARAG Group’s German insurance carrier has signed an agreement for a loss portfolio transfer (LPT) with China Taiping Insurance UK (CTI), a subsidiary of China Taiping Insurance Group, as the first step towards a Part VII transfer.


DARAG, China Taiping, UK, Loss portfolio transfer, Legacy, UK, Europe, Brexit

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