Company: AHL
Filing Date: 2025-03-20
Form Type: F-1/A
Source: 0001628280-25-014149
Chunk: 494

Company: ASPEN INSURANCE HOLDINGS LTD
Filing Date: 2025-03-20
Form: F-1/A
Chunk 494
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 15.9%), 11.5% (December 31, 2023 — 11.1%), and 8.8% (December 31, 2023 — 9.2%) of the uncollateralized reinsurance recoverables.

Under the current expected credit loss model (“CECL”), the Company recognized a provision against reinsurance recoverables of $ 27.5million as at December 31, 2024 (December 31, 2023 — $ 3.7million). For the twelve months ended December 31, 2024, there was a $ 23.8million increase in the CECL allowance on reinsurance recoverables.

Underwriting premium receivables

The total underwriting premium receivable by the Company as at December 31, 2024 was $ 1,617.0million (2023 — $ 1,435.3million). As at December 31, 2024, $ 111.1million of the total underwriting premium receivable balance has been due for settlement for more than one year. The Company assesses the recoverability of premium receivables through a review of policies and the concentration of receivables by broker. The Company has recognized an allowance for credit losses of $ 24.6million as at December 31, 2024 (December 31, 2023 — $ 21.0million) on underwriting premium receivables.

Investments and cash and cash equivalents

The Company’s investment policies include specific provisions that limit the allowable holdings of a single issue and issuer. As at December 31, 2024, there were no investments in any single issuer, other than the U.S. government and the Canadian government in excess of 2% of the aggregate investment portfolio.

<div align='center'>F-73</div>

23. Reclassifications from Accumulated Other Comprehensive Income

The following table sets out the components of the Company’s Accumulated Other Comprehensive Income (“AOCI”) that are reclassified into the consolidated statement of operations for the twelve months ended December 31, 2024, 2023 and 2022:

|                                                                                     | Details about the AOCI Components | Amount Reclassified from AOCI | Twelve Months Ended December 31, 2024 |     |   | Twelve Months Ended December 31, 2023 |     |   | Twelve Months Ended December 31, 2022 |     |                                                |
|: