Reserve development pushes Aspen 4711 to 117.3% combined ratio in 2021
  • X
  • LinkedIn
  • Email
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Email
  • Free Trial
  • Log in

Reserve development pushes Aspen 4711 to 117.3% combined ratio in 2021

Samuel Casey
01 April 2022
  • X
  • LinkedIn
  • Email
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Email
aspen_logo_bermuda_2021.png

Aspen Syndicate 4711 reported a combined ratio of 117.3% in 2021 following a $41mn reserve increase relating primarily to financial and professional lines business.

The business said it made the reserving change following an actuarial review, which established uncertainty around financial and professional lines business, including the potential for future adverse development.

The

Subscribers, log in here:

Fuel a smarter strategy with our actionable market intelligence

      • Gain a competitive edge and accelerate decision-making
      • Be empowered by insights that transform confusion to clarity
      • Uncover growth opportunities and prepare for potential threats
      • Fuel a smarter strategy for business growth
Request a free trial Already a subscriber? Log in now

Topics

News Aspen London market Re/insurers Results Lloyd's
sam casey/sam casey ii red.png
Samuel Casey
Senior Reporter
Contact
Gift this article