DAS returns to profit as it prepares for new legal landscape
The legal expenses provider wrote premiums and 'other technical income' to the tune of £161.3m in 2011 (£138.9m: 2010), producing a profit after tax of £6.97m compared to a £470,000 loss the previous year.
Chief executive Paul Asplin said: "I am particularly pleased that we returned to profitability last year, as we forecast in 2009, and achieved a result well ahead of the targets we set for the group then.
"Claims frequencies are still very high and awareness of legal protection has grown, so
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 [email protected].
You are currently unable to print this content. Please contact [email protected] to find out more.
You are currently unable to copy this content. Please contact [email protected] to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
More on Insurer
Videos/Podcasts
Insurance Covid-Cast: How has staff productivity been impacted by remote working?
For the 35th episode of Post and Insurance Age’s video series we gathered together a panel of senior insurance managers to discuss how productive staff have been since Covid-19 lockdown, and whether it has changed as restrictions have eased?
Subscribe to our daily newsletter for all the latest news
Most read
- Google: Why brokers are "key enablers"
- SSP confirms job cuts as CEO Stephen Lathrope exits
- Video: Risk Insights - the impact of Brexit on the UK economy
- Analysis: The future of the networks model
- Video: Risk Insights - employee wellbeing and remote working
- Aston Lark buys O’Loughlin Insurance Group in Ireland
- Video: Covid-19 and the changing claims landscape