DARAG completes a portfolio transfer agreement (PTA) of Danish Workers’ Compensation business from Protector and signs a loss portfolio transfer (LPT) and PTA with another European carrier.
DARAG Group (“DARAG” or “the Group”), a leading legacy acquirer, today announced that its German insurance carrier, DARAG Deutschland AG, has completed a PTA of Protector’s Danish Workers’ Compensation portfolio written between 2012 and 2025 with reserves of c.€120m.
