Company: AHL
Filing Date: 2025-03-20
Form Type: F-1/A
Source: 0001628280-25-014149
Chunk: 456

Company: ASPEN INSURANCE HOLDINGS LTD
Filing Date: 2025-03-20
Form: F-1/A
Chunk 456
---
:|:----|:---------------|------------------------:|:----|:------|------:|
| Derivatives Not Designated as Hedging Instruments          
 Under ASC 815                                              |     | Balance Sheet Location |     | Notional       
 Amount         |                         |     | Fair  
 Value |       |     | Notional       
 Amount         |                         |     | Fair  
 Value |       |
|                                                            |     |                        |     | -$ in millions |                         |     |       |       |     | -$ in millions |                         |     |       |       |
| Foreign Exchange Contracts                                 |     | Derivative assets      |     | $              |                   550.0 |     | $     |  17.0 |     | $              |                 1,262.1 |     | $     |  31.4 |
| Foreign Exchange Contracts(1)                              |     | Derivative liabilities |     | $              |                 1,036.9 |     | $     | -41.7 |     | $              |                   540.8 |     | $     |  -9.3 |
| Loss Portfolio Transfer Liability - Embedded Derivative(2) |     | Derivative liabilities |     | $              |                       — |     | $     |  -3.6 |     | $              |                       — |     | $     | -16.5 |

________________

(1) Fair value is net of $ 0.8million of cash collateral (December 31, 2023 — $ 3.4million).

<div align='center'>F-45</div>

(2) The LPT contains an embedded derivative within the contract in relation to the variable interest crediting rate.

|                                                          |     |                        |     | As at December 31, 2024 |       |     |       |      |     | As at December 31, 2023 |      |     |       |     |
|:---------------------------------------------------------|:----|:-----------------------|:----|:------------------------|------:|:----|:------|-----:|:----|:------------------------|-----:|:----|:------|----:|
| Derivatives Designated as Cash Flow Hedges Under ASC 815 |     | Balance Sheet Location |     | Notional                
 Amount                  |       |     | Fair  
 Value |      |     | Notional                
 Amount                  |      |     | Fair  
 Value