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DARAG concludes legacy transaction with captive insurer
31 August 2022
Bermuda Reporter Lucy Carter

DARAG Group (DARAG) has completed a new agreement with an undisclosed captive insurance company

DARAG closes North American captive transaction
22 April 2022
US Reporter Rebecca Delaney

Legacy acquirer DARAG Group has completed a novation transaction with an offshore captive insurance company, giving the counterparty full legal finality

DARAG acquires Guernsey reinsurance captive
03 March 2022
Guernsey Reporter Rebecca Delaney

DARAG has acquired a Guernsey-based reinsurance captive, marking the group’s second transaction in Guernsey and reinforcing its position in the market and across Europe

DARAG adds new group chief risk officer
28 February 2022
UK Reporter Rebecca Delaney

International insurance and reinsurance group DARAG has appointed Andrew Pryde to the new role of group chief risk officer, reporting to group CEO Tom Booth

DARAG Group enters stock purchase agreement
24 December 2021
US Reporter Jenna Lomax

DARAG Group has entered into a stock purchase agreement and received the relevant regulatory approval for the purchase of a Texas-based insurer in run-off

DARAG makes several senior appointments
02 June 2021
Malta Reporter Maria Ward-Brennan

DARAG Group has made several senior appointments with Alastair Lauder as group chief actuary, Ciaran Russell as senior actuary, Vivek Bhandari as head of data, Matt Watson as group head of IT and Alastair Whitfield as group head of investments

DARAG reaches reinsurance agreement with Lyft's captive
05 May 2021
Bermuda Reporter Maria Ward-Brennan

DARAG Group has executed a reinsurance transaction with Pacific Valley Insurance Company, Lyft’s captive insurance company

DARAG enters second reinsurance agreement with Protector Forsikring
10 March 2021
Germany Reporter Maria Ward-Brennan

DARAG Group has signed a retrospective quota share reinsurance agreement with Protector Forsikring, a multinational general insurance company listed on the Oslo Stock Exchange

Features
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Time to re-evaluate

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

Interviews
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Tom Booth
DARAG group

DARAG group CEO Tom Booth discusses his new role, the company’s latest venture and what the future holds

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Malta

After a successful 2016 and the licensing of its first securitisation cell company, Malta insurance industry professionals are looking ahead to 2017

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