DARAG Group Appointed Paul Martin as Senior Adviser
The firm added an industry veteran to bolster its actuarial, risk, and capital capabilities globally.
Updated on Sept. 21, 2026 in People
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DARAG Group has appointed Paul Martin as its new Non-Executive Senior Group Actuarial Adviser. The appointment is intended to provide independent expertise as the company continues to grow its international business operations.
Why it matters
This strategic hire brings decades of specialized insight to DARAG as the firm focuses on reinforcing its capital and risk management structures during a period of international expansion.
Paul Martin brings over 35 years of experience in the London insurance and actuarial markets to his new role. He previously held senior positions at firms including Lancashire Syndicates, Aspen Insurance UK, and IGI.
The players
Paul Martin
He is an experienced actuarial professional who formerly served as Group Chief Actuary and Group Chief Risk Officer at Catlin.
DARAG Group
It is a specialized insurance company that focuses on legacy business and portfolio transfers.
Domus Forsikring A/S
It is a Danish insurance company that recently entered into a portfolio transfer agreement with DARAG Group.
The details
Paul Martin will support DARAG Group as it integrates expertise across its actuarial, risk, and capital divisions. The move comes as the company expands its reach into the Nordic market following a portfolio transfer agreement with Domus Forsikring A/S.
Timeline
Paul Martin began holding senior non-executive roles in 2015.
DARAG announced the appointment on September 21, 2026.
Market Landscape
The expansion into the Nordic market via the Domus Forsikring A/S agreement follows a broader pattern of consolidation and legacy portfolio transfer activity in the European insurance market. This appointment positions DARAG to better compete by strengthening internal risk and capital expertise.
The appointment of a new senior adviser will not directly impact individual customer pricing or service access for existing policyholders. It reflects the company's internal strategy to manage its capital and risk profiles more effectively as it expands into new international territories.
The takeaway
DARAG continues to prioritize high-level expertise as it navigates complex international portfolio transfers. This hiring trend signals that the firm is focused on strengthening its governance to support its recent growth into the Nordic market.
Further reading
For more on industry leadership changes, visit the People section.
Source note: This article includes information reported by ReinsuranceNe.
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