SOBC DARAG has acquired New Mexico P&C Insurance Co.
SOBC DARAG has received approvals from New Mexico OSI and Florida OIR for the transaction.
Terms of the deal weren’t disclosed.
SOBC DARAG Holdings is ultimately owned by DARAG Group investors. SOBC DARAG Holdings, a direct subsidiary of DARAG UK, is the principal vehicle for future U.S., Bermudian and Caribbean growth and acquisitions.
Topics Mergers & Acquisitions Carriers Property Casualty Mexico
Was this article valuable?
Here are more articles you may enjoy.
Maryland Announces $2.5 Billion Settlement Over Baltimore Bridge Collapse 
Worst Start to Wildfire Season Raises Alarm as El Niño Threatens 
Tesla Premiums Soared in 2025 With Loss Ratios Worse Than Industry 
In Florida Court, Sackler Family Member Admits Felony Tied to Her Opioid Addiction 
