Storms cost Aspen £17.8m in Q4
Aspen Insurance Holdings paid out $25.7m (£17.8m) related to UK floods in the quarter ended 31 December 2015 as it reported a combined ratio of 99.6% for the period.
Gross written premiums for the quarter were $448m which was a 4.7% drop compared to the $470.1m result in Q4 2014. The 99.6% COR represented a deterioration on the Q4 2014 result of 97.1%.
Mario
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