Das reports rises in turnover and profit
Legal expenses insurer also saw ATE sales rise 45%.
Das UK Holdings, the parent company of the legal expenses insurer, has reported record income of £199.6m in 2013, an increase of 10% over 2012.
Profits before tax and reinsurance at Das also grew by 9% to £12.1m for the year.
After the event (ATE) sales for the 12 months rose 45% on 2012 and the firm said this was primarily due to the high volume of ATE business pre the implementation of the Legal Aid, Sentencing and Punishment of Offenders (Laspo) Act on 1 April 2013.
Following the introduction
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk.
You are currently unable to print this content. Please contact info@insuranceage.co.uk to find out more.
You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@insuranceage.co.uk
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@insuranceage.co.uk