Aspen Insurance (AHL) Reports Q3 Loss Per Share of $4.78, Better Than Expected

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Aspen Reports Results for the Third Quarter and Nine Months Ended September 30, 2017

October 25, 2017 4:35 PM EDT

HAMILTON, Bermuda--(BUSINESS WIRE)-- Aspen Insurance Holdings Limited (Aspen) (NYSE: AHL) reported today a net loss after tax of $(253.8) million, or $(4.48) per diluted ordinary share, and an operating loss after tax of $(276.6) million, or $(4.78) per diluted ordinary share, for the third quarter of 2017.

Chris OKane, Chief Executive Officer, commented: The third quarter was characterized by multiple, large-scale natural catastrophes across our industry. While significant, Aspen's estimated losses from these events are within our expectations for catastrophes of this nature. We are encouraged that, following several years of decline, the industry losses... More