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HAMILTON, BermudaAspen Insurance Holdings Ltd. posted net income of $95 million for the third quarter of 2006, compared with a loss of $362 million for the comparable period last year.
For the first nine months of the year Aspen's profit was $258.6 million, compared with a loss of $208.1 million for the first nine months of 2005.
The Bermuda-based reinsurer posted gross written premiums of $1.67 billion for the first nine months of 2006, down from $1.85 billion for the comparable period last year.