13.06.2012
Annual Press Conference 2012
“The ARAG Group is growing, earning good money while the financial markets remain in a crisis mode and still has solid capital backing,” noted Dr. Paul-Otto Faßbender, Chairman of the ARAG Board of Management, with respect to the Group’s business development at the Annual Press Conference. In the face of a difficult business environment, the family enterprise achieved a 2.8 percent gain in premium revenues from € 1.43 billion to € 1.47 billion. Overall Group performance including the contribution of ARAG service companies rose from € 1.49 billion to € 1.51 billion. With € 49.9 million profit on ordinary activities remained at a good level (2010: € 64.2 million). The strong 144-percent increase in the underwriting result to € 40.3 million underscores the Group’s operational strength.