DARAG Group (DARAG) has completed a new agreement with an undisclosed captive insurance company
Legacy acquirer DARAG Group has completed a novation transaction with an offshore captive insurance company, giving the counterparty full legal finality
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
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 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 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 Group has executed a reinsurance transaction with Pacific Valley Insurance Company, Lyft’s captive insurance company
DARAG Group has signed a retrospective quota share reinsurance agreement with Protector Forsikring, a multinational general insurance company listed on the Oslo Stock Exchange
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