Aspen’s net investment income saw an increase of 46% to $129m in H1 2023 compared to H1 2022, as “a result of active repositioning of investments to take advantage of higher interest rates, with limited increase in investment risk”.
Net income increased by 352% to $219m in H1 2023 compared to $48m as at 30 June 2022.
“The outlook remains favourable,” group executive chairman and CEO Mark Cloutier said.
“Our relentless focus on underwriting discipline and managing volatility means we are well placed to continue to take advantage of current market conditions.”