DARAG strikes $40m novation deal with Cayman reinsurer

01-09-2020

Legacy acquirer DARAG has concluded a novation agreement with an unnamed Cayman reinsurer to provide finality for its US liability books, in a deal valued in excess of $40 million.

The rest of this article is locked. Please login to continue reading.

If you don't have a login, you will need to purchase a subscription to gain access to this article, and all the other content. Please use this link and follow the steps.

To take out a free two week trial, use the same link but select the 'trial' option in the dropdown box.

For multi-user price options, or to check if your company has an existing subscription we can add you into, please email Elliot at efield@newtonmedia.co.uk

DARAG, Agreement, Insurance, Reinsurance, Tom Booth, Bermuda, North America

More on this story

DARAG seals insurance portfolio transfer deal in France
12-07-2021

DARAG consolidates presence in North American legacy market with SunPoint deal
08-03-2021

DARAG unveils reinsurance transfer deal with Axeria Re
15-09-2020

Insurers must be ruthless with poorly performing business units: DARAG
15-09-2020

DARAG seals loss portfolio transfer deal within new North American insurer
14-08-2020

DARAG strikes first acquisition deal in Luxembourg
06-08-2020

DARAG strikes $40m novation deal with Cayman reinsurer

More on this story

Other related

More on this story

Sign up for the newsletter