Wedel, 7 September 2011 Run-off insurer DARAG Deutsche Versicherungs- und Rückversicherungs-AG acquires the inactive insurance business of Garant Versicherungs-Aktiengesellschaft, Austria. The portfolio includes the segments casualty insurance, comprehensive farm vehicle and marine hull and liability insurance, goods in transit insurance, fire insurance and insurance against natural hazards, property insurance (damage by hail or frost), as well as general liability insurance in international direct and reinsurance business.

PM DARAG acquires Run-off-portfolio of GarantPM DARAG übernimmt Run-Off-Portfolios von GarantPM DARAG reprend le portefeuille de run-off de Garant