DARAG Group

DARAG Group Limited (“DARAG”), a leading legacy acquirer, today announced the completion of the acquisitions of both The Underwriter Insurance Company Limited (“The Underwriter”), a UK-based insurer in run-off, and…

DARAG, a leading legacy acquirer, today announces the conclusion of a loss portfolio transfer between DARAG Insurance Guernsey Limited (“DIGL”) and a Multi-National Insurance Company with subject reserves in excess…

DARAG Group Limited (“DARAG”), a leading legacy acquirer, today announces the conclusion of a transaction with a leading Lloyd’s syndicate to provide reinsurance for a US liability book. The reinsurance…

DARAG Group Limited (“DARAG”), a leading legacy acquirer, today announced that it has closed the portfolio transfer with German re/insurer SCHWARZMEER UND OSTSEE Versicherungsaktiengesellschaft (“SOVAG”), following the receipt of all…

DARAG Guernsey today announces the acquisition of Guernsey-based captive (re)insurer Thames Water Insurance Company Limited (“TWICL”) from its parent Kemble Water Finance Limited (“Kemble Water”). The share purchase agreement was…

DARAG, the leading legacy acquirer, today announces that James Insley has joined DARAG as Group CFO, reporting to Tom Booth, CEO, pending regulatory approval. The appointment is effective September 2,…

SOBC DARAG today announced that it has acquired New Mexico P&C Insurance Company in full, effective 1 September 2019. SOBC DARAG has received approvals from New Mexico OSI and Florida…

SOBC DARAG today announces the launch of its new office in Bermuda in a significant expansion of its US and Bermudian operations. SOBC DARAG’s new Bermudian subsidiary will be fully…