DARAG announces transfer of reinsurance business with Axeria Re

2020-09-15T13:47:00

Malta

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.

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 transaction will be conducted through DARAG Malta Insurance and Reinsurance PCC Limited. Guy Carpenter & Company, S.A.S., the French operation of Guy Carpenter, served as sell-side advisors.

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