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

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 print this content. Please contact [email protected] to find out more.
You are currently unable to copy this content. Please contact [email protected] to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
More on Insurer
Videos/Podcasts
Insurance Covid-Cast: How has staff productivity been impacted by remote working?
For the 35th episode of Post and Insurance Age’s video series we gathered together a panel of senior insurance managers to discuss how productive staff have been since Covid-19 lockdown, and whether it has changed as restrictions have eased?
Subscribe to our daily newsletter for all the latest news
Most read
- Blog: Professional indemnity - Was 2020 the eye of the storm?
- PIB sold to Apax funds
- FCA orders insurers to pay claims swiftly following Supreme Court ruling
- Aviva confirms office closures amid restructure
- Aviva’s Patrick Tiernan moves to Lloyd’s
- GRP-owned Premier Choice Healthcare makes first deal
- Blog: The broker fallout from the Supreme Court BI ruling