All DARAG articles
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News
DARAG announces reinsurance agreement with US retailer
DARAG Group (“DARAG”) announces the conclusion of a transaction with a major US retailer to provide finality to its legacy workers compensation liabilities. The transaction was conducted through one of DARAG North America’s insurance entities. Tom Booth, CEO of DARAG Group, said: “This transaction demonstrates DARAG’s ambitions in the ...
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News
DARAG announces the sale of non-legacy Italian business to NOBIS
DARAG has announced that it has reached an agreement with NOBIS Compagnia di Assicurazioni (“NOBIS”) for the sale of the Going Concern business from DARAG Italia S.p.A. The transaction is subject to regulatory approval. The sale of the active underwriting business will streamline DARAG’s operations and enable the Group to ...
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News
DARAG announces transfer of reinsurance business with Axeria Re
DARAG, a leading legacy acquirer, today announced the conclusion of the transfer of reinsurance business with the Maltese reinsurer Axeria Re – part of the April Group – and the original insurer located in France. The transfer of reinsurance business delivers economic, operational and legal effect to Axeria Re. The ...