{"id":140340,"date":"2025-05-29T03:09:14","date_gmt":"2025-05-29T03:09:14","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/140340\/"},"modified":"2025-05-29T03:09:14","modified_gmt":"2025-05-29T03:09:14","slug":"darag-group-germany-completes-on-lpt-with-eu-carrier","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/140340\/","title":{"rendered":"DARAG Group Germany Completes on LPT With EU Carrier &#8211;"},"content":{"rendered":"<p><a href=\"https:\/\/www.genasystech.com\/?utm_campaign=110019833-Insurance%20Edge&amp;utm_source=insuranceedge&amp;utm_medium=Banner%20Ad&amp;utm_content=banner-image\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"1005\" height=\"335\" src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/05\/Tame-The-Beast-Banner-Ad-genasys-.png\" alt=\"\" class=\"wp-image-78776\"  \/><\/a><\/p>\n<p><img decoding=\"async\" src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/05\/london-insurance-lloyds-pexels-sevenstormphotography-934647-e1740490197355.jpg\" alt=\"\" title=\"london insurance lloyds pexels-sevenstormphotography-934647\"\/><\/p>\n<p>Just a quick update from DARAG for you;<\/p>\n<p class=\"x_MsoNormal\">DARAG Group (\u201cDARAG\u201d or \u201cthe Group\u201d), 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.<\/p>\n<p class=\"x_MsoNormal\">Tom Booth, CEO of DARAG, said: \u201cOur 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\u2019s ability to offer European counterparties with legal, operational, and economic finality for their legacy portfolios.<\/p>\n<p class=\"x_MsoNormal\">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\u201d<\/p>\n<p>Like this:<\/p>\n<p>Like Loading&#8230;<\/p>\n<p><a class=\"sd-link-color\"\/><\/p>\n<p>\n\tRelated<\/p>\n","protected":false},"excerpt":{"rendered":"Just a quick update from DARAG for you; DARAG Group (\u201cDARAG\u201d or \u201cthe Group\u201d), a leading legacy acquirer,&hellip;\n","protected":false},"author":2,"featured_media":140341,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5310],"tags":[47146,60901,982,2000,299,1824,1196,12],"class_list":{"0":"post-140340","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-germany","8":"tag-carrier","9":"tag-darag-group","10":"tag-deals","11":"tag-eu","12":"tag-europe","13":"tag-germany","14":"tag-insurance","15":"tag-news"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/114588926886744779","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/140340","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=140340"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/140340\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/140341"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=140340"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=140340"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=140340"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}