Company: AHL
Filing Date: 2025-03-19
Form Type: 20-F
Source: 0001267395-25-000019
Chunk: 203

Company: ASPEN INSURANCE HOLDINGS LTD
Filing Date: 2025-03-19
Form: 20-F
Item: Item 4
Chunk 203
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 61.9                

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(1) The adjusted underwriting income, adjusted combined ratio and adjusted loss ratio remove the impact of the change in deferred gain on retroactive reinsurance contracts in order to match the loss recoveries under the LPT contract with the underlying loss development of the assumed net loss reserves for the subject business of 2019 and prior accident years. The adjusted underwriting income, adjusted combined ratio and adjusted loss ratio represent the performance of our business for accident years 2020 onwards, which management believes reflects the underlying underwriting performance of the ongoing portfolio.

Table of Contents

Item 6. Directors, Senior Management and Employees

A. Directors and Executive Officers

The following are the directors and executive officers (as contemplated by SEC rules and regulations) of the Company as of the date of this report.

  Name                                                                                                            Position with the Company                                                                                         Date Appointed to Role  
 ────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Directors                                                                                                                                                                                                                                                 
  Mark Cloutier                                                                                                   Director, Executive Chair, and Group Chief Executive Officer                                                      February 2019           
  David Altmaier *                                                                                                Director, Chair of the Compensation Committee, Member of the Risk, Audit and Conflicts Committees                 March 2023              
  Albert J. Beer *                                                                                                Director, Chair of the Conflicts Committee, Member of Audit, Investment and Risk Committees                       July 2019 (1)           
  Christian Dunleavy                                                                                              Director and Group President                                                                                      March 2025              
  Theresa Froehlich *                                                                                             Director, Chair of Risk Committee, Member of Compensation and Nominating and Corporate Governance Committees      June 2020               
  Alexander Humphreys ^                                                                                           Director, Member of Risk Committee                                                                                February 2019           
  Michael Lagler ^                                                                                                Director                                                                                                          March 2025              
  Richard Lightowler *                                                                                            Director, Chair of Audit Committee, Member of Conflicts Committee                                                 December 2020           
  Gernot Lohr ^                                                                                                   Director                                                                                                          February 2019           
  Tammy L. Richardson-Augustus *                                                                                  Director, Chair of Investment Committee, Chair of Nominating and Corporate Governance Committee                   March 2021              
  Michael Saffer ^                                                                                                Director, Member of Risk, Investment, Compensation and Nominating and Corporate Governance Committees             February 2019           
  Executive Officers                                                                                                                                                                                                                                        
  Mark Cloutier