DAS Legal Expenses Financials Are Published

The latest news from ARAG, on their DAS Legal Expenses operation;

ARAG has posted results for the DAS Legal Expenses Insurance Company business acquired by the International ARAG Group (ARAG SE) last year. The 2024 figures represent the first year that the company was owned by ARAG and the last that it will report under the DAS name.

The results show that the business (which has since been renamed ARAG Legal Expenses Insurance Company) continued to grow during the integration, following the acquisition that was completed at the start of 2024.

The company recorded gross written premium income of £141.4 million (2023: £139.3 million). One-off integration costs and strengthening of reserves contributed to an overall loss after tax of £4 million (2023: £1.1 million loss after tax) while the combined operating ratio (COR) increased to 97.1% (2023: restated 95.6%).

The underwriting result for the business improved to £6.3m, with claims costs and expenses remaining stable.

Commenting on the report, ARAG CEO David Haynes said:

“These final results for DAS UK show how we continued to grow the business throughout the integration. Alongside the impressive 18% growth over the same period reported earlier this year by ARAG plc, they confirm our rationale for the acquisition and how successfully the integration has progressed.

That progress has continued in 2025 which has started very positively and I’m confident that ARAG’s long-term commitment to steady and stable growth will be maintained.”

The results are the last that ARAG will report for a business under the DAS brand, having changed the names of the other companies acquired, in 2024.