Reserve development pushes Aspen 4711 to 117.3% combined ratio in 2021
  • X
  • LinkedIn
  • Email
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
  • Email
© 2024 Insider International Limited, company number 15236286, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian Group. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

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

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

Enter your e-mail to claim a free trial:

Uncover exclusive insights tailored for insurance leaders

    • Stay Informed: Access exclusive industry insights
    • Gain a competitive advantage: Hear first about tactical developments
    • Make better decisions: Understand market dynamics in crucial lines of business
Gift this article