Company: AHL
Filing Date: 2025-03-20
Form Type: F-1/A
Source: 0001628280-25-014149
Chunk: 294

Company: ASPEN INSURANCE HOLDINGS LTD
Filing Date: 2025-03-20
Form: F-1/A
Chunk 294
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, 2024 (2023 — $1.2 million).

#### Related Party Investments
During the twelve months ended December 31, 2024, the Company bought or held the following securities or investments in Apollo:

As at December 31, 2024, the Company’s investment in funds managed by Apollo had a fair value of $78.6 million (December 31, 2023 — $39.8 million). During the twelve months ended December 31, 2024, the Company incurred income of $0.4 million (2023 — losses of $0.4 million; 2022 — income of $3.1 million) which is included in net investment income on the consolidated statement of operations and other comprehensive income. These investments are included in other investments on the consolidated balance sheet.

As at December 31, 2024, the Company’s investment in notes issued by special purpose vehicles established and managed by subsidiaries of Apollo had a fair value of $66.6 million (December 31, 2023 — $82.2 million). During the twelve months ended December 31, 2024, the Company recognized income of $5.5 million (2023 — income of $5.5 million; 2022 — losses of $0.4 million) which is included in the consolidated statement of operations and other comprehensive income. These investments are included in privately-held investments on the consolidated balance sheet.

As at December 31, 2024, the Company’s investments in CLOs issued by special purpose vehicles established and managed by subsidiaries of Apollo had a fair value of $88.9 million (December 31, 2023 — $129.8 million). During the twelve months ended December 31, 2024, the Company recognized income on these investments of $11.3 million (2023 — income of $17.4 million; 2022 —$Nil) which is included in the consolidated statement of operations and other comprehensive income. Of these investments, $74.9 million are included in fixed income securities, trading, and $14.0 million are included in fixed income securities, available for sale on the consolidated balance sheet.

As at December 31, 2024, the Company’s investments in MMLs originated and managed by a subsidiary of Apollo had a fair value of $7.0 million (December 31, 2023 — $45.1 million). During the twelve months ended December 31, 2024