Aspen Insurance (AHL) Misses Q4 EPS by $1.20

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Go back to Aspen Insurance (AHL) Misses Q4 EPS by $1.20

Aspen Reports Results for the Fourth Quarter and Twelve Months Ended December 31, 2018

February 6, 2019 4:15 PM EST

HAMILTON, Bermuda--(BUSINESS WIRE)-- Aspen Insurance Holdings Limited (Aspen) (NYSE: AHL) reported today a net loss after tax of $(146.8) million, or $(2.60) per diluted ordinary share, and operating income after tax of $(124.4) million, or $(2.23) per diluted ordinary share, for the fourth quarter of 2018.

Chris OKane, Chief Executive Officer, commented: Aspen's fourth quarter 2018 results were impacted by the significant natural catastrophe activity that we witnessed across the industry during the period. However, we improved our underwriting performance for the full year and achieved our target for reducing our expense ratio.(1) We continue to focus on... More