Aspen's 2020 loss shrinks to $40.1mn after expenses fall
  • X
  • LinkedIn
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
Insurance Insider US is part of the Delinian Group, Delinian Limited, 4 Bouverie Street, London, EC4Y 8AX, Registered in England & Wales, Company number 00954730
Copyright © Delinian Limited and its affiliated companies 2024

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

Aspen's 2020 loss shrinks to $40.1mn after expenses fall


Aspen reported a net loss of $40.1mn in 2020 due to above-average catastrophe losses and Covid-19 losses, but the deficit was a sixth of the size of the 2019 loss after expenses fell.

In 2019 the business fell to a loss of $241.7m, driven by an underwriting loss of $195.1mn and major non-operating expenses, as the business began a turnaround effort under new CEO Mark Cloutier.


Enter your e-mail to claim a free trial:

Uncover exclusive insights tailored for insurance leaders

    • Stay Informed: Access exclusive industry insights
    • Gain a competitive advantage: Hear first about tactical developments
    • Make better decisions: Understand market dynamics in crucial lines of business
Gift this article