Aspen Reports 2018 Second Quarter Results


Aspen Insurance Holdings Limited reported a net loss after tax of $[14.7] million, or $[0.38] per diluted ordinary share, and operating income after tax of $56.3 million, or $0.80 per diluted ordinary share, for the second quarter of 2018.

Chris O’Kane, Chief Executive Officer, commented: “Aspen’s second quarter results demonstrate ongoing execution of our plan to enhance performance. This included the continued successful repositioning of Aspen Insurance, which had its second consecutive record quarter in terms of gross written premium, another quarter of solid results and pricing discipline at Aspen Re and significant progress in the implementation of our Operational Effectiveness and Efficiency program. In addition, we reduced debt leverage through the partial redemption of our senior notes.”

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