Aspen Syndicate 4711 trims over 41 points off combined ratio in 2022
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Aspen Syndicate 4711 trims over 41 points off combined ratio in 2022

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Aspen Syndicate 4711 has reported a combined ratio of 75.4% for 2022, in a 41.9-point reduction from the 117.3% reported the year prior, as the carrier exercised caution around the financial and professional lines class of business while benefiting from a major legacy deal.

The syndicate posted an overall profit of £35.1mn for the year, up from a £34.3mn loss the year prior, an improvement which Aspen attributed in part to its $3bn-plus loss portfolio transfer (LPT) with Enstar in H1 2022, and...

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