Aspen reports 50% jump in COR as it increases GWP by $100m

Arrow Chart

COR for the insurance arm of the business deteriorated slightly from 100.1% in the three months ended March 2011 to 104.2% for the first quarter of 2012, a change the company attributed primarily to $26.5m worth of losses arising out of the Costa Concordia disaster.

The insurer reported 16.5% growth in gross written premiums (GWP) in Q1 2012, up to $782.1m (£482.9m) from $671.3m in the same period of 2011.

GWP for the insurance segment of the business was up 31.5% to $307.9m, compared with $234

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected].

You are currently unable to copy this content. Please contact [email protected] to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Insurance Age? View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: