Company: AHL
Filing Date: 2025-03-20
Form Type: F-1/A
Source: 0001628280-25-014149
Chunk: 258

Company: ASPEN INSURANCE HOLDINGS LTD
Filing Date: 2025-03-20
Form: F-1/A
Chunk 258
---
 risk factors could result in actual losses that are materially different from the Company’s PML estimates below.

Natural catastrophe risk is a source of significant aggregate exposure for the Company and is managed by setting risk tolerance and limits, as discussed above. Natural catastrophe perils can impact geographic regions of varying size and can have economic repercussions beyond the geographic region directly impacted.

<div align='center'>173</div>

Table of C ontents

The Company’s worldwide estimated net PML exposures (net of retrocession and reinstatement premiums) as at January 1, 2025 and January 1, 2024 were as follows :

|                                         |     | As at January 1, 2025 |       |     |                                                   |     |   |     |                      |       |     |                                                   |     |   |
|:----------------------------------------|:----|:----------------------|------:|:----|:--------------------------------------------------|----:|:--|:----|:---------------------|------:|:----|:--------------------------------------------------|----:|:--|
| ($ in millions, except for percentages) |     | 1-in-100 year PML(1)  |       |     | 1-in-100 year PML as % of Shareholders’ Equity(1) |     |   |     | 1-in-250 year PML(1) |       |     | 1-in-250 year PML as % of Shareholders’ Equity(1) |     |   |
| Worldwide All Perils(2)                 |     | $                     | 242.2 |     |                                                   | 7.2 | % |     | $                    | 329.9 |     |                                                   | 9.8 | % |

|                                         |     | As at January 1, 2024 |       |     |                                                   |     |   |     |                      |       |     |                                                   |      |   |
|:----------------------------------------|:----|:----------------------|------:|:----|:--------------------------------------------------|----:|:--|:----|:---------------------|------:|:----|:--------------------------------------------------|-----:|:--|
| ($ in millions, except for percentages) |     | 1-in-100 year PML(1)  |       |     | 1-in-100 year PML as % of Shareholders’ Equity(1) |     |   |     | 1-in-250 year PML