Company: AHL
Filing Date: 2025-05-08
Form Type: 424B4
Source: 0001628280-25-023859
Chunk: 482

Company: ASPEN INSURANCE HOLDINGS LTD
Filing Date: 2025-05-08
Form: 424B4
Chunk 482
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3 — $45.1 million). During the twelve months ended December 31, 2024, the Company recognized income of $0.5 million (2023 — income of $5.8 million; 2022 — $Nil) which is included in the consolidated statement of operations and other comprehensive income. The Middle Market Loans are included in privately-held investments on the consolidated balance sheet.

#### Other Payables to Related Parties
As at year end December 31, 2024, the Company had an intercompany payable balance of $1.2 million (2023 — $1.2 million), due to its parent, Highlands Bermuda Holdco, Ltd.

<div align='center'>F-67</div>

#### 21.

#### Commitments and Contingent Liabilities
(a)

#### Restricted assets
The Company’s subsidiaries are obliged by the terms of its contractual obligations to U.S. policyholders and by obligations to certain regulatory authorities to facilitate issue of letters of credit or maintain certain balances in trust funds for the benefit of policyholders.

The following table details the forms and values of the Company’s material restricted assets as at December 31, 2024 and 2023:

|                                                     |     |                                        | As at December 31, 2024 |   |     |   | At December 31, 2023 |   |
|:----------------------------------------------------|:----|:---------------------------------------|------------------------:|:--|:----|:--|---------------------:|:--|
|                                                     |     | -$ in millions, except for percentages |                         |   |     |   |                      |   |
| Regulatory trusts and deposits:                     |     |                                        |                         |   |     |   |                      |   |
| Affiliated transactions                             |     | $                                      |                   433.4 |   |     | $ |                660.8 |   |
| Third party                                         |     |                                        |                 2,713.5 |   |     |   |              2,714.4 |   |
| Letters of credit / guarantees(1)                   |     |                                        |                   153.2 |   |     |   |                172.0 |   |
| Total restricted assets (excluding illiquid assets) |     | $                                      |                 3,300.1 |   |     | $ |              3,547.2 |   |
| Other investments — illiquid assets                 |     |                                        |