Deals: DARAG Group Germany Completes on LPT With EU Carrier

Just a quick update from DARAG for you;

DARAG Group (“DARAG” or “the Group”), a leading legacy acquirer, today announced that its German insurance carrier, DARAG Deutschland AG, has completed a loss portfolio transfer (LPT), to be followed by a portfolio transfer (PTA) with a European carrier.

Tom Booth, CEO of DARAG, said: “Our track record of successful transactions in Europe makes us the natural choice to provide a high quality and reliable legacy solution. This good sized transaction is in the sweet spot for DARAG and is a further demonstration of DARAG’s ability to offer European counterparties with legal, operational, and economic finality for their legacy portfolios.

This is the fourth deal to be announced by DARAG since the beginning of 2025, which promises, given the near pipeline alone, to be a record year in terms of deal volume transacted by the Group in the European market”