Das reports rises in turnover and profit

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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

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