Hallmark writes off $36.9mn for Darag arbitration
  • X
  • LinkedIn
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn

© 2024 Insider International Limited, company number 15236286, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian Group. All rights reserved.


Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

Hallmark writes off $36.9mn for Darag arbitration

Hallmark Financial Darag logos.jpg

Hallmark Financial Services has finalized its arbitration with legacy carrier Darag, ultimately incurring a $36.9mn write-off.

“On June 2, 2023, a final definitive binding award was declared by the arbitration panel which will result in a write-off to Hallmark of $4mn during the second quarter of 2023 in addition to a write-off of $32.9mn

Request a free trial:

Fuel a smarter strategy with our actionable market intelligence

    • Gain a competitive edge and accelerate decision-making
    • Be empowered by insights that transform confusion to clarity
    • Uncover growth opportunities and prepare for potential threats
Gift this article