Combined ratio also compares favourably to last year

Aspen Insurance Holdings Limited today reported net income for the second quarter of 2008 of $126.9m, an increase of 26.3% over the same quarter last year.

The combined ratio was 78.2%, comparing favourably to 88.4% in the same quarter last year. Annualised operating return on equity was 21.2%, an increase of 1.5% compared with the second quarter of 2007.

Book value per share increased 22.1% to $29.84 when compared to the second quarter of 2007.