DARAG (2009)

DARAG (German Insurance and Reinsurance AG) is the first German insurance company specialized on taking over the inactive business - the so-called run-off - of primary insurance and reinsurance companies into their own balance sheet. The claim is to relieve the insurance companies from risks pertaining to the legacy business.

Investment details

  • First and only run-off specialist for non-life insurance in Germany

  • Acquisition of insurance portfolios or entire insurance companies

 

Seller

  • American International Group (AIG)

 

Buyer

  • Augur Capital 

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