Aspen drafts in McKinsey to slash costs

Aspen has brought in consulting firm McKinsey & Company to
advise it as the Bermudian embarks on an efficiency drive, the
(re)insurer's CEO Chris O'Kane has told investors.
Speaking on an analyst call after the company's second
quarter results fell far short of predictions from Wall Street,
O'Kane said he was looking to build "Aspen 2.0".
He said the carrier's executives had been busy working on
the efficiency project for the past three months.
"We call this initiative Aspen 2.0...