Darag acquires Ikano Försäkring

European run-off insurer Darag has bought 100 percent of shares
in Ikano Försäkring AB, a Stockholm-based insurance
company owned by conglomerate Ikano Group, for an undisclosed
consideration.
The deal will provide Ikano with legal and economic finality in
regards to its insurance business, the carrier said in a statement
today.
Ikano operates across the finance, insurance, production, real
estate and retail sectors, and is headquartered in Luxembourg.
Darag did not disclose the volume