SOBC Darag launches Bermuda hub with four-strong team from rivalLegacy specialist SOBC Darag has launched a hub in Bermuda with four hires from rival R&Q as it looks to expand operations in the US and Bermuda.
Darag builds UK platform with The Underwriter acquisitionAmbitious European legacy firm Darag has acquired UK-based run-off liability insurer The Underwriter Insurance Company (The Underwriter).
Darag buys One Re in first UK acquisitionThe German arm of legacy acquirer Darag has agreed to purchase London-based One Re from its parent company, 54 North Ltd, in its first acquisition in the UK.
Darag reinsures historic Protector home sale liabilitiesThe German arm of legacy acquirer Darag has completed a retrospective quota share reinsurance agreement with listed Norwegian insurer Protector Forsikring (Protector).
SOBC DARAG acquires Innovative Physicians SolutionsUS legacy acquirer SOBC DARAG has received regulatory approval to acquire Vermont-domiciled risk retention group (RRG) Innovative Physicians Solutions (IPS).
Darag snaps up Italian legacy book from Donau VersicherungAmbitious European legacy firm Darag has agreed to purchase a portfolio of Italian non-life business from Donau Versicherung AG (Donau).
DARAG acquires US joint venture partner SOBCAmbitious European legacy firm DARAG has consolidated its US platform by acquiring the shares of its joint venture partner, SOBC Services.
Darag scores EUR260mn boost from private equity pairRun-off acquirer Darag has earned a EUR260mn ($303.4mn) investment from a pair of private equity houses just a week after its new CEO Tom Booth took his seat in the office.
Darag confirms Booth as next chief execGerman legacy acquirer Darag has confirmed the appointment of former R&Q finance boss Tom Booth as its next CEO.
Darag teams up with New Nordic in live market playLegacy acquisition specialist Darag has partnered with managing general agent- and insurance company- owner New Nordic in move that will allow the run-off buyer to take on run-off books which also contain live business.
Darag acquires Swedish insurer and integrates non-life businessLegacy specialist Darag has acquired Swedish insurance company IKANO Försäkring AB (Ikano) for an undisclosed sum.