Company: AHL
Filing Date: 2025-03-19
Form Type: 20-F
Source: 0001267395-25-000019
Chunk: 199

Company: ASPEN INSURANCE HOLDINGS LTD
Filing Date: 2025-03-19
Form: 20-F
Item: Item 4
Chunk 199
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• volatility and uncertainty in general economic conditions and in financial and mortgage markets;

• the determination of the amount of allowances and impairments taken on our investments;

• currency fluctuations that we may not be effective at mitigating;

• the failure of policyholders, brokers or other intermediaries or reinsurers to honor their payment obligations;

• competition and consolidation in the (re)insurance industry;

• a decline in any of the ratings of our Operating Subsidiaries could adversely affect our standing among brokers and customers and cause our premiums and earnings to decrease;

• increasing scrutiny and evolving expectations from investors, customers, regulators, policymakers and other stakeholders regarding environmental, social and governance matters;

• future acquisitions, growth of our operations through the addition of new lines of (re)insurance business, expansion into new geographic regions and/or joint ventures or partnerships;

• the loss of business provided by brokers that account for a large portion of our insurance and reinsurance revenues;

• our management of alternative reinsurance platforms on behalf of investors in any entities ACM manages or could manage in the future;

• the inability to obtain additional capital or to only obtain capital on unfavorable terms;

• our debt, credit and ISDA agreements may limit our financial and operational flexibility;

• political, regulatory, governmental and industry initiatives;

• changes in regulations that adversely affect the U. S. mortgage insurance and reinsurance market;

• the United Kingdom’s withdrawal from the European Union;

• changes in Bermuda law and regulations, and the political environment in Bermuda;

• changes in current accounting practices and future pronouncements;

• our internal controls over financial reporting have gaps or other deficiencies;

• the loss of one or more of our senior underwriters or other members of our senior management team or an inability to attract and retain senior staff;

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• third-party outsourced service providers failing to satisfactorily perform certain technology and business process functions;

• general employee and third-party litigation risks;

• management turnover;

• the loss of our foreign private issuer or “controlled company” status;

• the execution of internal processes to maintain our operations and the operational risks that are inherent to our business, including those resulting from fraud or employee errors or omissions;

• the failure in our data security and/or technology systems or infrastructure or those of third parties, including those caused by security breaches or cyber-attacks;

• compliance with ever evolving national, federal, state, and international laws relating to the handling of information;

• actual results differing materially from model outputs and related analyses;

• the influence that our controlling shareholder