Aspen records $128.7m operating loss at the half year
Aspen this morning reported a combined ratio of 105.0%, or 89.2% excluding catastrophe losses for the second quarter of 2011, compared with a combined ratio of 86.9% for the second quarter of 2010.
It added gross written premium of $582.2m (£357m) for the second quarter of 2011, up 6.7% compared with $545.4m for the second quarter of 2010.
Operating income was $31.9m or $0.36 per diluted share
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