Aspen shares surge on whispers of doable Sompo takeover bid

Q2 earnings

Earlier this month, Aspen reported second-quarter and half-year results exhibiting improved efficiency. For the three months ending June 30, the insurer posted a mixed ratio of 85.1%, a 3.6-point enchancment from a yr earlier, with underwriting earnings reaching US$100 million. On an adjusted foundation, underwriting earnings totaled $106 million with an adjusted mixed ratio of 84.3%.