Company: AHL
Filing Date: 2025-04-29
Form Type: F-1/A
Source: 0001628280-25-020463
Chunk: 154

Company: ASPEN INSURANCE HOLDINGS LTD
Filing Date: 2025-04-29
Form: F-1/A
Chunk 154
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 77.2 |
| Non-operating income                                                                    |     |                                  |      — |     |      |      — |     |      |      — |     |      |     — |     |      |  -43.1 |     |      |      — |     |      |      — |
| Net realized loss on debt extinguishment                                                |     |                                  |      — |     |      |      — |     |      |      — |     |      |     — |     |      |      — |     |      |    5.5 |     |      |    8.6 |
| Impact of the LPT, net of certain costs related to the LPT contract with Enstar         |     |                                  |   62.6 |     |      |   50.5 |     |      |   22.8 |     |      |  58.3 |     |      |      — |     |      |      — |     |      |      — |
| Non-operating income tax (benefit)/expense                                              |     |                                  | -101.6 |     |      | -198.4 |     |      | -105.2 |     |      |  -0.7 |     |      |    6.8 |     |      |   -7.6 |     |      |   -8.2 |
| Operating income/(loss)                                                                 |     | $                                |  432.5 |     | $    |  367.6 |     | $    |  202.3 |     | $    |  50.6 |     | $    |  -96.7 |     | $    |  -83.1 |     | $    |    0.3 |

Average equity is a non-GAAP financial measure and is used in calculating ordinary shareholders return on average equity. Average equity is calculated by taking the arithmetic average of total shareholders’ equity on a quarterly basis for the stated periods excluding the average value of Preference Shares less issue expenses. Operating return on average equity is calculated by dividing operating income by average equity.

Return on average equity is calculated by taking net income available to ordinary shareholders for the period and dividing it by average equity for the period.

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|                                                                                         | ($ in millions, except percentages) | Twelve Months Ended December 31, |    2024 |   |     |