Company: AHL
Filing Date: 2025-03-20
Form Type: F-1/A
Source: 0001628280-25-014149
Chunk: 172

Company: ASPEN INSURANCE HOLDINGS LTD
Filing Date: 2025-03-20
Form: F-1/A
Chunk 172
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-recurring costs of $1.3 million.

In 2022, we incurred non-operating expenses of $36.0 million which included $32.7 million in relation to fixed assets, including capitalized project costs written off, $10.0 million of severance, consulting and professional services in relation to non-recurring projects and other costs, offset by $6.7 million of write backs related to leased office space.

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Table of C ontents

Investment performance

The following table sets forth a summary of total investment returns, average cash and investments and total return on average cash and investments, pre-tax for the twelve months ended December 31, 2024, 2023 and 2022.

|                                                                                      |     | Twelve Months Ended December 31,        
 2024                                    
 ($ in millions, except for percentages) |         |   |     | 2023 |         |   |     | 2022 |         |   |
|:-------------------------------------------------------------------------------------|:----|:----------------------------------------|--------:|:--|:----|:-----|--------:|:--|:----|:-----|--------:|:--|
| Net investment income                                                                |     | $                                       |   318.0 |   |     | $    |   275.7 |   |     | $    |   188.1 |   |
| Net realized and unrealized investment (losses)/gains                                |     |                                         |   -49.5 |   |     |      |    14.5 |   |     |      |  -177.6 |   |
| Change in unrealized gains/(losses) on available for sale securities (before tax)(1) |     |                                         |    34.1 |   |     |      |   126.2 |   |     |      |  -391.7 |   |
| Total investment returns                                                             |     | $                                       |   302.6 |   |     | $    |   416.4 |   |     | $    |  -381.2 |   |
| Average cash and investments(2)                                                      |     | $                                       | 7,548.1 |   |     | $    | 7,242.8 |   |     | $    | 7,438.0 |   |
| Total return on average cash and investments, pre-tax                                |