Legacy acquirer DARAG Group Limited has announced the conclusion of a transaction with a leading Lloyd’s syndicate to provide reinsurance for a US liability book. The reinsurance will be provided through DARAG’s Maltese risk carrier, DARAG Malta Insurance and Reinsurance PCC.
TigerRisk served as advisors to both parties in the deal, which was concluded by a Lloyd’s syndicate with a legacy provider outside the corporation.
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