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1 through 16 of 16 matching documents, best matches first.   Sort by date

Darag Closes on Two European Runoff Deals
This deal was completed just before the end of the year, Darag said. Protector has been a long-standing client of Darag, Chief Executive Officer Tom Booth said in a statement. ...
Source: BestWire   Date: January 15, 2026
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Darag Acquires Run-Off Portfolio From Wefox Across German, Italy and Switzerland
Darag said in a statement. Additional details were not disclosed. A loss portfolio transfer will be followed by the portfolio transfer of all business domiciled in the European ...
Source: BestWire   Date: January 14, 2025
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Darag Completes Sale of Business Entities in North America, Bermuda to RiverStone Group
America and Bermuda to the RiverStone Group following regulatory approvals. Europe-focused legacy acquirer Darag first announced in August it had reached an agreement to sell the ...
Source: BestWire   Date: December 20, 2024
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Darag Agrees to Sell North America, Bermuda Businesses to RiverStone Group
North America and Bermuda to the RiverStone Group. The sale is subject to regulatory approvals and is anticipated to close by year-end, Darag said in a statement. Terms of the ...
Source: BestWire   Date: August 8, 2024
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Legacy Specialist Darag Acquires Cayman-Based Liability Captive
Legacy acquirer Darag Insurance Guernsey Ltd. said it signed a sale and purchase agreement to acquire a Cayman Islands-based insurance and reinsurance captive. The deal is subject ...
Source: BestWire   Date: April 19, 2024
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Darag Acquires Long-Term Liability Policies From Unnamed Benelux Captive
Darag Group said it has agreed to assume expired long-term liability insurance policies from an undisclosed Benelux-based captive insurer. The deal is between the captive, the ...
Source: BestWire   Date: October 5, 2023
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Darag Bermuda Completes Two US Workers’ Compensation Captive Deals
North American captive insurance companies. The first transaction was completed in May and the second in June 2023, the legacy property/casualty acquirer said in a statement. Darag ...
Source: BestWire   Date: July 19, 2023
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Arbitrators Put Hallmark’s Final Write-Off From Loss Portfolio Deal at $36.9 Million
Hallmark Financial Services Inc.'s total aggregate write-off related to a loss portfolio transfer reinsurance contract with Darag Bermuda Ltd. and Darag Insurance Ltd. will be ...
Source: BestWire   Date: June 5, 2023
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Darag Enters $15 Million Workers’ Comp Deal With Unnamed US Carrier
Darag acted as "a trusted partner for this significant U.S. carrier and to offer them an effective solution for their legacy workers' compensation liabilities. Workers' ...
Source: BestWire   Date: December 30, 2022
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Darag Acquires Guernsey-Based Reinsurance Captive
United Kingdom, said Darag. An effort to reach Darag was not immediately successful. The transaction is subject to regulatory approval from the Guernsey Financial Services ...
Source: BestWire   Date: March 3, 2022
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Darag Acquires Acceptance Insurance, Merges It With Texas Entity
Acceptance Insurance, the DoI said in an order sent to BestWire. Darag is seeking an increased presence in the North American market, Daniel Linden, chief executive officer, Darag ...
Source: BestWire   Date: January 4, 2022
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Darag Acquires Texas Property/Casualty Insurer in Runoff
Darag North America, in a statement. "Our management team has worked with TDI previously and greatly appreciates their knowledge of the complex legacy market. We look forward to a ...
Source: BestWire   Date: December 29, 2021
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Darag Enters Loss Portfolio Transfer Deal With China Taiping (UK) for European Business
Insurance Group, ahead of a Part VII transfer, Darag said in a statement. China Taiping Insurance has been underwriting in the United Kingdom and Europe since 1985, but due to ...
Source: BestWire   Date: December 10, 2021
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Darag Completes Sale of Italian Unit to Nobis
Compagnia di Assicurazioni. The sale of the active underwriting business allows Darag to focus explicitly on providing legacy solutions, Darag said in a statement. The company said ...
Source: BestWire   Date: July 1, 2021
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Runoff Deals Surge as Shifting Market Forces Underwriters to Revisit Priorities
There are lots of opportunities." Over the past three years, the runoff market "has taken off," said Victor Nelligan, director, PwC. He said new players have come in and others ...
Source: BestWire   Date: March 2, 2021
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Darag Completes Acquisition of Auto and Travel Insurer Arisa
Darag said in a statement. Arisa is Darag's first company acquisition in Luxembourg, Darag said. The insurance portfolio consists mainly of motor third-party liability business, ...
Source: BestWire   Date: December 22, 2020
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