DARAG seals loss portfolio transfer deal within new North American insurer

14-08-2020

Legacy acquisition firm DARAG has completed its loss portfolio transfer deal with Hallmark Financial Services within its newly established cornerstone North American insurer, DARAG Bermuda. The firm has also revealed that, subject to approval by the Bermuda Monetary Authority, it has acquired a Bermuda class 3A reinsurance company.


DARAG, Loss portfolio, Transfer deal, Insurance, Reinsurance, Tom Booth, Bermuda

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