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.
First and only run-off specialist for non-life insurance in Germany
Acquisition of insurance portfolios or entire insurance companies
American International Group (AIG)