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International

Aspen cedes more premiums to third-party capital, retrocession

August 03, 2018 Reprints

Bermuda-based reinsurer Aspen Insurance Holdings Ltd. ceded about 43% of its gross written premiums to third-party capital and retrocession in the second quarter, Artemis.bm reports. The reinsurer ceded nearly 30% of premiums in the second quarter of 2017. Chris O'Kane, chief executive of Aspen, said that the reinsurer ceded its premiums using quota share vehicles.

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Aspen cedes more premiums to third-party capital, retrocession

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