Insurance

Aspen shares the surge in a whisper of possible sompo takeover bid

2nd quarter earnings

Earlier this month, Aspen reported second-quarter and semi-year results, showing improvements in performance. Insurers’ total ratio for the three months ended June 30 was 85.1%, up 3.6 points from the same period last year, with underwriting revenue reaching $100 million. Underwriting revenue totaled US$106 million, with an adjusted merger ratio of 84.3%.

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