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Aspen insurance segment drives GWP growth

bermuda

Aspen has reported a 12.7% increase in gross written premium in the third quarter to $558.4m, the majority of the growth resulting from a 36.2% increase in the insurance segment.

The combined ratio of 87% for the third quarter of 2012 compared favourably with the Q3 2011 result of 96.9%.

Aspen reported net income after tax of $115.1m and diluted earnings per share of $1.45 for

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