third party motor News

Legacy Acquirer DARAG Completes Purchase of DONAU Versicherung’s Italian Portfolio

DARAG Group Ltd., the Malta-based legacy acquirer, announced it has completed the acquisition of the Italian non-life portfolio of DONAU Versicherung AG after receiving approval from Austrian and Italian regulators. Financial details of the transaction were not disclosed.The deal was …

Legacy Acquirer DARAG Buys Italian Motor Business from DONAU Versicherung

Legacy Acquirer DARAG Group Ltd. announced it has agreed to purchase a portfolio of Italian non-life business, consisting primarily of motor third party liability from DONAU Versicherung AG. Financial details of the transaction, which is subject to approval by the …

Willis Launches European Motor Risk Model for 3rd Party Exposures

Willis Group Holdings plc has launched a modeling tool that enables risk managers to forecast third party motor risk across Europe. The Dynamic Casualty Forecast tool uses Willis’ proprietary data so that a client with significant motor exposure of any …