DARAG has acquired SunPoint Holdings, which offers reinsurance and run-off solutions to US and Bermuda insurers
Coverys Managing Agency, the Lloyd’s managing agent of Syndicates 1975, 1991 and 3330, has appointed Sarah Davies as a non-executive director and chair of risk and capital committee, and David Hipkin as non-executive chair of the board
Gossmann & Cie, the liability management company, has expanded its senior management team with the appointment of Jürgen Rindermann as head of claims management
Legacy acquirer DARAG Group has concluded a transaction with “a major US retailer” to provide finality to its legacy workers compensation liabilities
Legacy acquirer DARAG Group has completed the acquisition of Arisa Assurances, an automobile and travel insurance company previously owned by ADAC Versicherung
Maiden Holdings, a Bermuda-based holding company, announced the formation of Genesis Legacy Solutions
DARAG Group has reached an agreement with NOBIS Compagnia di Assicurazioni for the sale of the going concern business from DARAG Italia S.p.A, subject to regulatory approval
DARAG has concluded the transfer of reinsurance business with Axeria Re, a Maltese reinsurer
With insurers and reinsurers looking to take advantage of the hardening market and the ongoing effects of COVID-19 play out, the run-off market is set to see increased interest in the next 12 months
DARAG group CEO Tom Booth discusses his new role, the company’s latest venture and what the future holds
After a successful 2016 and the licensing of its first securitisation cell company, Malta insurance industry professionals are looking ahead to 2017