Company: AHL
Filing Date: 2025-05-08
Form Type: 424B4
Source: 0001628280-25-023859
Chunk: 154

Company: ASPEN INSURANCE HOLDINGS LTD
Filing Date: 2025-05-08
Form: 424B4
Chunk 154
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) Legacy (insurance) represents:

(i) U.S. food and beverage product recall business, the renewal rights to which was sold to a third party in December 2020;

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(ii) U.S. surety business, which in July 2020 was subject to a renewal rights transaction;

(iii) includes international marine and energy liability products, and our global accident and health line of business, which, following a strategic review of our underwriting portfolio that began in December 2019, we determined to cease underwriting and started to wind down in February 2020 and March 2020, respectively;

(iv) professional liability and property and casualty coverages for small to medium sized U.K.-based businesses that were bound through our managing general agent, Aspen Risk Management Limited that we placed into runoff during the third quarter of 2019;

(v) international cargo insurance that we ceased underwriting during the fourth quarter of 2018;

(vi) our aviation line of business, which ceased underwriting during the third quarter of 2018;

(vii) marine hull insurance written through the Lloyd’s platform that we ceased underwriting during the third quarter of 2018;

(viii) international property insurance previously written via a joint underwriting initiative that we ceased underwriting during the first quarter of 2017; and

(ix) employers and public liability lines previously written that we ceased underwriting during the fourth quarter of 2015.

(3) Corporate and other net expenses for 2023 includes corporate expenses, other income and other expenses.

(4) Non-operating expenses includes costs related to severance, retention awards, amortization of intangible assets and other non-operating expenses.

(5) The general and administrative expense ratio in the total column excludes corporate and non-operating expenses.

#### Recent Developments and Activity
Our financial information as at and/or for the three months ended March 31, 2025 and March 31, 2024 presented herein (i) is based on a number of assumptions that are subject to inherent uncertainties and subject to change, and such variations could be material, (ii) is based on internal management accounts and (iii) has not been audited, reviewed or verified by our independent registered public accounting firm and such financial information is therefore subject to adjustment. Such financial information may also be revised as a result of management’s further review of such information and any adjustments that may result from the completion of the audit of our consolidated financial statements for the