DARAG is a leading international insurance and reinsurance group specialising in the assumption of legacy business and the provision of capital relief solutions. DARAG is a global business, with risk carrying subsidiaries in the EU (Germany, Malta, Italy and Luxembourg), Bermuda, the US, the UK and Guernsey. DARAG is led by a management team of recognised insurance executives with extensive experience in legacy and restructuring. DARAG’s multicultural, multilingual and multidisciplinary staff enables the business to deliver tailored solutions to clients across the globe. Since 2009, DARAG has signed 64 run‐off transactions from 21 countries with a volume in excess of 1.8bn euros.