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Annual Press Conference 2019

ARAG builds on its business success/announces the restructuring of its Management Board
  • ARAG Group reports a 4.3-percent gain in premium income
  • Business in Germany outpaces the market once again with a 4.1 increase in premium revenue
  • Dynamic growth in international business as well
  • Legal insurance business leaps the one-billion-euro hurdle
  • Underwriting result up at the very good level of € 97.4 million
  • ARAG continues to grow in 2019 and implements the ARAG Smart Insurer Program

"The ARAG Group continues to make good progress, expanding its customer base dynamically in Germany and abroad and earning good money from its business operations. We are still on track for success with our focus on the property and health insurance business," explained Dr. Paul-Otto Faßbender, Chairman and majority shareholder of the ARAG Group at the Annual Press Conference.

ARAG reported another 4.3-percent increase in gross written premiums to € 1.65 billion in 2018. Total Group turnover - including revenue generated by its service companies - amounted to € 1.68 billion. The underwriting result rose by more than one-third to € 97.4 million - a new record for the past ten years. Profit from ordinary activities was also quite good at € 70.2 million.

Dr. Paul-Otto Faßbender, Chairman and CEO of ARAG SE, also announced the restructuring of the company's Management Board at the Annual Press Conference. Further information is provided in the press release.