Insight and Intelligence on the London & International Insurance Markets 24 Apr 2018

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Darag adds legacy-to-live capabilities with New Nordic

  • Catrin Shi 26 March 2018
  • Darag has forged a partnership with London-based investment management company New Nordic Capital that will allow the legacy carrier to bid for legacy-to-live deals.

    New Nordic Capital is the asset management arm of New Nordic Group and specialises in Solvency II-optimised investment strategies.

    Under the agreement, Darag's protected cell company in Malta will create a new cell for the venture, which will be jointly owned by the legacy carrier and New Nordic.

    That cell will then be used for business...

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