Danube

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References in periodicals archive ?
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.
The transfer provides DONAU, which is a subsidiary of Vienna Insurance Group, with a clean exit from its Italian branch operations and is the first third party transfer into DARAG Italia.
According to the Austrian newspaper, Donau's total vehicle insurance premiums declined by 2.5% in an annual comparison to EUR 128 million (USD 169.5m) in the first six months of 2010.
Franz Kosyna, head of Donau, said for the daily that his company is trying to keep its prices competitive without letting this harm its profitability.
Legacy Acquirer DARAG Buys Italian Motor Business from DONAU Versicherung