Company: AHL
Filing Date: 2025-05-08
Form Type: 424B4
Source: 0001628280-25-023859
Chunk: 157

Company: ASPEN INSURANCE HOLDINGS LTD
Filing Date: 2025-05-08
Form: 424B4
Chunk 157
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8 | % |     | $               | 1,807.0 |
| Insurance        |     |                                                                 | 2,723.5 |     |          | 11.3 | % |     |                 | 2,446.6 |     |          |  -3.4 | % |     |                 | 2,531.7 |
| Total            |     | $                                                               | 4,609.3 |     |          | 16.2 | % |     | $               | 3,967.6 |     |          |  -8.6 | % |     | $               | 4,338.7 |

2024 compared to 2023

Overall gross written premiums increased by 16.2% in 2024 compared to 2023. Gross written premiums in our Reinsurance segment increased by 24.0% in 2024 compared to 2023, with growth across all lines of business. We saw significant growth in the casualty reinsurance line of business with increased premiums from both existing clients and new business, as a result of a strong rate environment, exposure growth and strategic line size growth resulting from the execution of global client strategies. The remaining lines of business grew modestly predominantly due to a combination of new business growth, a stronger rate environment within the property catastrophe line of business, and positive premium adjustments within our other property reinsurance business.

Gross written premiums in our Insurance segment increased by 11.3%, with growth achieved across most lines of business. We saw significant growth in our other insurance line of business as a result of our new partnership with Ki, offering digital follow capacity through Ki’s Lloyd’s platform, as well as continued growth in Carbon Syndicate 4747. We also recognized increases in gross written premiums in both our casualty and liability insurance, and specialty insurance lines of business, largely driven by favorable market conditions. We were able to achieve modest growth in our financial and professional lines insurance line of business, despite a depressed IPO and M&A environment globally. This growth was partially offset by a reduction in gross written premiums in our first party insurance business, driven by strategic exits from specific business lines and increased competition in our property business.

2023 compared to 2022

Overall gross written premiums decreased by 8.6% in 2023 compared to 2022. Gross written premiums in our Reinsurance segment decreased by 15.8% in 2023 compared to 2022 mainly due to exited lines and