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Business Year 2021

The ARAG Group increased its gross premium income in 2021 by 9.1 percent from €1.85 billion to €2.02 billion. Consolidated turnover – including revenue from service companies – came to €2.04 billion. The underwriting result improved by 5.5 percent, reaching again a new record level of €118.2 million. Income on ordinary activities was €86.7 million.

 

Annual Reports

Summary of key financial figures for the ARAG Group

The numbers speak for themselves. The steady growth achieved in past years provides us a solid foundation for future success.

ARAG Holding SE (in million euros)
2021
Change
2020
2019
Sales
Gross premiums written 2,017.4 9.1 % 1,848.7 1,763.5
Earned premiums for own account 1,986.7 8.1 % 1,838.0 1,752.0
Sales revenues of non-insurance subsidiaries 25.1 9.1 % 23.0 24.0
Costs
Cost of claims for own account 1,027.0 9.8 % 935.6 936.5
Claims ratio (basis: earned premiums) 51.7 % 0.8 %-pts. 50.9 % 53.5 %
Cost of insurance business for own account 744.7 10.5 % 673.9 618.4
Cost ratio (basis: earned premiums) 37.5 % 0.8 %-pts. 36.7 % 35.3 %
Overview of profit and loss
Underwriting result for own account 118.2 5.5 % 112.0 98.5
Income from capital investments 80.3 2.3 % 78.5 156.9
portion included in underwriting result 51.3 6.8 % 48.1 78.0
Other income/expenses - 61.3 3.7 % - 59.1 - 56.6
Profit on ordinary activities 86.7 4.2 % 83.2 119.9
Net income before external components 37.9 - 0.8 % 38.2 77.5
Underwriting reserves/earned premiums (net) 230.8 % - 3.0 %-pts. 233.8 % 233.2 %