Aspen says second-quarter net income was more than halved due to $58.7 million in catastrophe losses.
Second-quarter income was $40.1 million, compared to $84.6 million during the same period a year ago.
The company's gross written premiums increased overall by 3.1 percent to $687.3 million in the second quarter. Gross written premiums in the insurance business grew by 6.0 percent for the quarter, but were tempered by flat reinsurance growth.
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