Aspen expects $30m charge from UK Ogden rate change

Bermuda-based Aspen Insurance Holdings expects to increase carried reserves for impacted lines of business by approximately $30 million on a pre-tax basis in the first quarter of 2017 as a result of the change in the Ogden rate in the UK.

The rest of this article is locked for subscribers only. Please login to continue reading.

If you don't have a login, you will need to purchase a subscription to gain access to this article, including all our online content. Please use this link and follow the steps.

To request a FREE 2-week trial subscription, use the same link but select the 'trial' option in the dropdown box. NOTE - this can take up to 48hrs to be approved.

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Elliot Field at efield@newtonmedia.co.uk or Adrian Tapping at atapping@newtonmedia.co.uk

Aspen Insurance Holdings, Bermuda, Odgen rate, UK

More on this story

Aspen profit falls in Q1 on weaker underwriting results
27-04-2017

Aspen Insurance enters marine partnership with US Risk
11-04-2017

Ogden rate cut to hit WR Berkley's reinsurance in first quarter results
29-03-2017

UK government to launch consultation on Ogden personal injury rates
01-03-2017

Aspen expects $30m charge from UK Ogden rate change

More on this story

Other related

More on this story

Sign up for the newsletter