Aspen Reports Results for the Fourth Quarter and Twelve Months Ended December 31, 2018
ASPEN INSURANCE HOLDINGS (AHL)
Last aspen insurance holdings earnings: 2/6 04:15 pm
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Source: Business Wire
HAMILTON, Bermuda--(BUSINESS WIRE)-- Aspen Insurance Holdings Limited (“Aspen”) (NYSE: AHL) reported today a net loss after tax of $(146.8) million, or $(2.60) per diluted ordinary share, and operating income after tax of $(124.4) million, or $(2.23) per diluted ordinary share, for the fourth quarter of 2018. Chris O’Kane, Chief Executive Officer, commented: “Aspen's fourth quarter 2018 results were impacted by the significant natural catastrophe activity that we witnessed across the industry during the period. However, we improved our underwriting performance for the full year and achieved our target for reducing our expense ratio.(1) We continue to focus on providing our clients and business partners with outstanding service and enhancing further our financial and operational performance. "We are making good progress with our proposed transaction with the Apollo Funds and have received most of
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