Company: AHL
Filing Date: 2025-04-29
Form Type: F-1/A
Source: 0001628280-25-020463
Chunk: 416

Company: ASPEN INSURANCE HOLDINGS LTD
Filing Date: 2025-04-29
Form: F-1/A
Chunk 416
---
depreciation)/appreciation on available for sale investments: |     |                                  |         |     |      |         |     |      |         |
| Beginning of the year                                                     |     |                                  |  -227.6 |     |      |  -333.2 |     |      |    34.6 |
| Change for the year, net of income taxes                                  |     |                                  |    29.4 |     |      |   105.6 |     |      |  -367.8 |
| End of the year                                                           |     |                                  |  -198.2 |     |      |  -227.6 |     |      |  -333.2 |
| Total accumulated other comprehensive (loss)                              |     |                                  |  -390.1 |     |      |  -400.3 |     |      |  -506.3 |
| Total shareholders’ equity                                                |     | $                                | 3,371.9 |     | $    | 2,908.5 |     | $    | 2,358.0 |

________________

(1) The results of the March 30, 2025 Ordinary Shares Exchange have been applied retroactively for all periods.

(2) Preference shares of $ 1,000.0million, less issuance costs of $ 29.5million (December 31, 2023 and 2022 — $ 775.0million and $ 21.5million).

<div align='center'>F-8</div>

### ASPEN INSURANCE HOLDINGS LIMITED

### CONSOLIDATED STATEMENTS OF CASH FLOWS
<div align='center'>For The Twelve Months Ended December 31, 2024, 2023 and 2022

($ in millions)</div>

| Cash flows from operating activities:                                            |     | Twelve Months Ended December 31, 
 2024                             |        |     | 2023 |        |     | 2022 |          |
|:---------------------------------------------------------------------------------|:----|:---------------------------------|-------:|:----|:-----|-------:|:----|:-----|---------:|
| Net income                                                                       |     | $                                |  486.1 |     | $    |  534.7 |     | $    |     51.1 |
| Adjustments to reconcile net income to net cash flows from operating activities: |     |                                  |        |