ARAG Offers Private Legal Insurance in Sweden, FTD Reports

ARAG Allgemeine Rechtsschutz Versicherungs AG has started offering private legal insurance in Sweden, Financial Times Deutschland reported, citing Chief Executive Officer Paul-Otto Fassbender.

ARAG is seeking growth opportunities as it loses market share in Germany, the FTD said, adding that private legal insurance policies aren’t widely distributed in Nordic countries.

To contact the reporter on this story: Annette Weisbach in Frankfurt at aweisbach1@bloomberg.net

To contact the editor responsible for this story: Frank Connelly at fconnelly@bloomberg.net

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