Lower H1 cat losses reflect Aspen’s book reposition: CEO Cloutier
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Lower H1 cat losses reflect Aspen’s book reposition: CEO Cloutier

Mark Cloutier headshot 2023.jpg

Aspen has been reshaping its portfolio to avoid the impact of the higher-than-expected frequency and severity in the type of cat events that affected the industry over the last months, CEO Mark Cloutier said.

In an interview with this publication after Aspen posted $53mn of H1 cat losses, down from nearly $93mn a year ago, Cloutier said: “What's been driving a large part of the above-average cat impact in the first half of...

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