Insurance Post

Aspen grows pre-tax profits by £15m after quiet cat year

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Bermuda based insurer and reinsurer Aspen has seen its full year pre-tax profits climb, alongside improved underwriting performance boosted by reduced catastrophe losses.

Aspen recorded total pre-tax profits of $318.2m (£194.7m) for 2013, up from $293.6m (£179.7m) in 2012, while underwriting income climbed to $158m from $188.7.

The figures were boosted by sharply

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