ARAG LEGAL EXPENSES INSURANCE COMPANY LIMITED

1. ARAG LEGAL EXPENSES INSURANCE COMPANY LIMITED 2025-01-15 → present
2. D A S LEGAL EXPENSES INSURANCE COMPANY LIMITED 1909-05-28 → 2025-01-15

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Ernst & Young LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.”

Significant events

• “DAS Legal Expenses Insurance Company Limited was renamed ARAG Legal Expenses Insurance Company Limited ('the Company') on 15 January 2025, following the acquisition of the Company's immediate parent company by ARAG SE.”
• “The Company's immediate parent company, ARAG UK Holdings Limited... and all of its subsidiaries (together 'ARAG UK' formerly 'DAS UK Group') was sold by ERGO Versicherung AG to ARAG SE, that transaction having completed on 2 January 2024.”
• “Costs of £202,000 relating to the sale of ARAG UK by ERGO to ARAG SE, together with expenses of £597,000 relating to the purchase of a bulk annuity insurance policy in respect of the defined benefit pension scheme operated by ARAG Services Limited, were included within other charges in 2023.”
• “On completion of the change of ownership from ERGO Versicherung AG to ARAG SE of the Company's immediate parent company, ARAG UK Holding Limited on 2 January 2024, the Quota Share Agreement between the Company and ERGO was terminated and not renewed, replaced by a comparable reinsurance treaty with ARAG SE.”
• “On 2 January 2024, ARAG SE of ARAG Platz 1, 40472 Duesseldorf, Germany completed the purchase of all issued shares of ARAG UK Holdings Limited from ERGO Versicherung AG of ERGO-Platz 1, 40477, Düsseldorf, Germany.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

10

last 12 months

Capital events

3

last 24 months

Officers appointed

1

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Gross written premiums

  +1.5%

  £139,304,000 → £141,390,000

• Net earned premiums

  -5.5%

  £13,795,000 → £13,043,000

• Profit before tax

  -247.7%

  -£1,537,000 → -£5,344,000

• Equity

  -11.3%

  £20,588,000 → £18,256,000

• Claims incurred

  +3%

  £16,261,000 → £16,745,000

• Insurance contract liabilities

  +5.1%

  £258,856,000 → £272,014,000

• Investment return

  +40.9%

  £2,883,000 → £4,062,000

• Employees

  +4.5%

  639 → 668

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers