Company: AHL
Filing Date: 2025-05-08
Form Type: 424B4
Source: 0001628280-25-023859
Chunk: 160

Company: ASPEN INSURANCE HOLDINGS LTD
Filing Date: 2025-05-08
Form: 424B4
Chunk 160
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2022 and the percentage change in net earned premiums:

| Business Segment |     | Net Earned Premiums for the Twelve Months Ended December 31, 
 2024                                                         
 ($ in millions)                                              |         |     | % change |      |   |     | 2023            
 ($ in millions) |         |     | % change |      |   |     | 2022            
 ($ in millions) |         |
|:-----------------|:----|:-------------------------------------------------------------|--------:|:----|:---------|-----:|:--|:----|:----------------|--------:|:----|:---------|-----:|:--|:----|:----------------|--------:|
| Reinsurance      |     | $                                                            | 1,305.7 |     |          | 13.1 | % |     | $               | 1,154.5 |     |          | -7.8 | % |     | $               | 1,251.8 |
| Insurance        |     |                                                              | 1,584.0 |     |          |  8.5 | % |     |                 | 1,460.0 |     |          |  1.6 | % |     |                 | 1,436.9 |
| Total            |     | $                                                            | 2,889.7 |     |          | 10.5 | % |     | $               | 2,614.5 |     |          | -2.8 | % |     | $               | 2,688.7 |

2024 compared to 2023

Net earned premiums increased by $275.2 million, or 10.5%, in 2024 compared to 2023 due to an increase of $381.0 million in gross earned premiums, partially offset by an increase of $105.8 million in ceded earned premiums in the twelve months ended December 31, 2024.

2023 compared to 2022

Net earned premiums decreased by $74.2 million, or 2.8%, in 2023 compared to 2022 due to an $18.8 million increase in gross earned premiums offset by a $93.0 million increase in ceded earned premiums in the twelve months ended December 31, 2023.

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Losses and loss adjustment expenses

We have presented the different components of the loss ratios, including