Company: AHL
Filing Date: 2025-05-08
Form Type: 424B4
Source: 0001628280-25-023859
Chunk: 177

Company: ASPEN INSURANCE HOLDINGS LTD
Filing Date: 2025-05-08
Form: 424B4
Chunk 177
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1 million compared to 2023. The retention ratio decreased from 72.2% in 2023, to 67.6% in 2024, due to an increase in the level of reinsurance purchased protecting our property catastrophe reinsurance and casualty reinsurance business lines, which included higher cessions to our capital markets partners.

2023 compared to 2022

Total ceded written premiums in 2023 were $423.0 million, an increase of $42.4 million compared to 2022. This was due to an increase in the level of reinsurance purchased protecting our property catastrophe reinsurance business lines, including higher cessions to our capital markets partners.

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Net earned premiums

The table below shows our net earned premiums for each line of business in our Reinsurance segment for the twelve months ended December 31, 2024, 2023 and 2022 and the percentage change in net earned premiums for each line of business:

| Lines of Business                |     | Twelve Months Ended December 31, 
 2024                             
 ($ in millions)                  |         |     | % change |      |   |     | 2023            
 ($ in millions) |         |     | % change |       |   |     | 2022            
 ($ in millions) |         |
|:---------------------------------|:----|:---------------------------------|--------:|:----|:---------|-----:|:--|:----|:----------------|--------:|:----|:---------|------:|:--|:----|:----------------|--------:|
| Casualty reinsurance             |     | $                                |   456.7 |     |          |  6.6 | % |     | $               |   428.5 |     |          |  13.9 | % |     | $               |   376.2 |
| Property catastrophe reinsurance |     |                                  |   144.0 |     |          | 14.4 | % |     |                 |   125.9 |     |          | -19.9 | % |     |                 |   157.2 |
| Other property reinsurance       |     |                                  |   384.3 |     |          |  8.3 | % |     |                 |   354.7 |     |          | -15.4 | % |     |                 |   419