Darag gets regulatory approval for purchase of Texas-based insurer
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Darag gets regulatory approval for purchase of Texas-based insurer

Luke Harrison
December 24, 2021
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Legacy acquirer Darag has entered into a Stock Purchase Agreement and received the relevant regulatory approval for the purchase of a Texas-based insurer in run-off.

Darag said it will look to use this insurer as its key US-based carrier to assume previously self-insured risk and other third-party legacy portfolios requiring licensed paper.

This

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Luke Harrison
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