Best's News


News & Research
Advanced Search Advanced Search



   
   
 
 
 Search Results

  Topic

  Companies

 
1 through 17 of 17 matching documents, best matches first.   Sort by date

Darag to Sell Stable Italia S.p.A. Business to Nobis
Nobis Compagnia di Assicurazioni. The sale of the active underwriting business "will streamline Darag's operations and enable the group to focus exclusively on providing ... legacy ...
Source: BestWire   Date: October 16, 2020
Subscription or Purchase Required

Darag Completes Two Runoff Acquisitions in UK Expansion
One Re, a London-based nonlife reinsurance company. "We are very pleased with the rapid completion of both transactions, given their strategic importance to our U.K. growth plans," ...
Source: BestWire   Date: February 12, 2020
Subscription or Purchase Required

Darag Concludes US Liability Reinsurance Agreement With Lloyd’s Syndicate
Darag Malta Insurance and Reinsurance PCC Ltd., Darag said in a statement. The "innovative deal" concluded by a Lloyd's syndicate with a legacy provider outside of the Corporation ...
Source: BestWire   Date: January 16, 2020
Subscription or Purchase Required

Darag Completes Acquisition of Germany’s SOVAG
Darag said in a statement. The legacy book includes both European and international business. "Europe is a core market for Darag as we continue to build out our global platform, ...
Source: BestWire   Date: December 20, 2019
Subscription or Purchase Required

Darag Consolidates German Business Through Portfolio Transfer Deal
Versicherungs und Ruckversicherungs A.G., subject to regulatory approval from Germany financial services regulator BaFin, Darag said in a statement. Darag said the deal "will ...
Source: BestWire   Date: August 5, 2019
Subscription or Purchase Required

With Executive Appointments, SOBC Darag Launches Bermuda Office
The new subsidiary was to be fully operational on Aug. 1, the company said in a statement. Dan Linden joined SOBC Darag as head of the Bermuda office, effective Aug. 1. Joel Neal ...
Source: BestWire   Date: August 2, 2019
Subscription or Purchase Required

Darag Expands UK Presence With Acquisition
Legacy property/casualty acquirer Darag said it is expanding its U.K. operation with acquisition of Underwriter Insurance Co. Ltd., an insurer in runoff that Darag said will help ...
Source: BestWire   Date: July 22, 2019
Subscription or Purchase Required

Darag Makes First UK Acquisition With One Re Deal
Legacy acquirer Darag Group Ltd. entered into a sale and purchase agreement with One Re Ltd., a London-based nonlife reinsurance company, in what Darag said is its first ...
Source: BestWire   Date: July 18, 2019
Subscription or Purchase Required

Darag Enters Scandinavian Retrospective Quota Share Reinsurance Agreement With Protector
Darag Deutsche Versicherungs und Ruckversicherungs A.G. as the vehicle, Darag said in a statement. Darag said it will provide Protector with reinsurance cover for liabilities ...
Source: BestWire   Date: July 17, 2019
Subscription or Purchase Required

Legacy Specialist Darag Acquires Italian Nonlife Portfolio
Donau into Darag Italia S.p.A, Darag Group's Italian entity. Donau's current Italian employees and intermediaries will be transferred to Darag Italia, which has an existing ...
Source: BestWire   Date: January 22, 2019
Subscription or Purchase Required

Runoff Specialist Darag Acquires SOBC Services, Seeks to Acquire Captive Entities
Through its subsidiary SOBC Darag Holdings Ltd., Darag Guernsey acquired all the share capital of SOBC Services, which is focused on the sourcing, acquisition and management of ...
Source: BestWire   Date: November 20, 2018
Subscription or Purchase Required

SOBC Darag Completes First US Acquisition With Peachtree Buy
Peachtree Casualty Insurance Co. The acquisition of Florida-based Peachtree was completed following approval by the Florida Office of Insurance Regulation, SOBC Darag said in a ...
Source: BestWire   Date: November 5, 2018
Subscription or Purchase Required

Legacy Insurer Darag Appoints Chief Financial Officer
Partners as strategic backers of the business. Halley succeeds Mike Trotman, "whose role was to deliver the recent fundraise," Darag said. The company said in an email to Best's ...
Source: BestWire   Date: August 17, 2018
Subscription or Purchase Required

Legacy Acquirer Darag Unveils Joint Venture in US Market Push
Legacy insurance/reinsurance acquirer Darag and U.S.-based runoff specialist SOBC said they formed a joint venture that will support Darag's expansion into the U.S. and Bermuda/...
Source: BestWire   Date: August 14, 2018
Subscription or Purchase Required

Darag Receives $304 Million in Equity Funding
European insurance runoff market." The capital infusion would advance the company's plans "to develop an effective platform for the build-out of its U.S. operations," the company ...
Source: BestWire   Date: July 30, 2018
Subscription or Purchase Required

Runoff Specialist Darag, New Nordic Announce First Portfolio Transfer Through Partnership
Denmark and Malta, the companies said. There is no premium volume to be reported as the portfolios are not active, said Darag in an email to Best's News Service. The company said ...
Source: BestWire   Date: May 14, 2018
Subscription or Purchase Required

Runoff Specialist Darag Announces Transactions in Israel, Sweden
Israeli market," the company added. Also, Swedish regulator SFSA approved Darag's acquisition of Ikano Försäkring AB, which Darag described as the Swedish insurance arm of Ikano ...
Source: BestWire   Date: September 8, 2017
Subscription or Purchase Required