Operating losses grow to £17.4m for Das in 2016

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Legal expenses insurer Das has posted an operating loss of £17.4m for 2016, an increase on the £11.4m operating loss it made the previous year.

The combined operating ratio was the wrong side of 100% hitting 110.6% however this was an improvement on the 119.6% reported in 2015.

The loss after tax more than doubled to £13.8m (2015: £5.7m).

However the provider’s gross written premium actually went up to £130m from £110m.

Das noted in the filing at Companies House that the change was partly

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