Aspen sees profits rise

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Aspen Insurance Holdings has reported net income after tax of $329.3m [£201.6m] for 2013, an increase on the $280.4m profit achieved in 2012.

For the final quarter profits came in at $90m, up on the $2m declared in the same period of 2012.

The company's gross written premiums for the full year totalled $2.65bn (2012: $2.58bn) including $604.4m for the final quarter (Q4 2012: $576.2m).

The insurance division's figures, which exclude reinsurance, revealed that GWP increased by 12.2% to $428.2m in

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