Opinion: Pulling levers

That Aspen has an expenses problem in need of a solution will have
come as no surprise to investors and analysts following the
Bermudian.
The company widely flagged its drafting in of McKinsey earlier
this year to address a deteriorating expense ratio that has been
several points worse than that of its competitors on the island in
the last couple of years.
And Wednesday evening's unveiling of a $160mn cost-cutting
programme met with a positive response as shares traded up...