NU Online News Service, Oct. 29, 3:55 p.m. EDT
In a dramatic turnaround from its 2008 third quarter net loss of $126.1 million, Aspen Insurance Holdings Limited reported third quarter net income of $144.7 million.
Chris O'Kane, chief executive officer of the Hamilton, Bermuda-based (re)insurer credited the changed profit picture to a benign period for catastrophe losses, improvement in investment markets, and strong performance from the company's property reinsurance segment.
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