Security
Aspen Insurance Holdings Limited 5.95% Fixed-to-Floating Rate Perpetual Non-Cumulative Preference Shares · AHL PRC
AHL PRCNYSEPreferred stockHistorical · closed Dec 31, 2024CIK 1267395Updated Nov 2, 2026
AHL PRC price & chart
This listing closed Dec 31, 2024. Live provider charts are shown only for current listings.
About the company
We are a leading specialty (re)insurer focused on total value creation for all of our stakeholders. With $4,609 million of gross written premiums for the twelve months ended December 31, 2024 and $3,968 million of gross written premiums for the twelve months ended December 31, 2023, we are a scaled multinational business with a diverse product mix balanced across our primary specialty insurance and opportunistic reinsurance franchises, which are both supported by our fee generating capital markets capabilities. We go to market with a single view of risk through our ‘One Aspen’ approach, which is designed to cater to complex, bespoke solutions that bring together our expertise spanning different lines of business, segments and platforms, enabling us to develop enhanced and differentiated offerings for our distribution partners and customers. We are focused on underwriting excellence and profitable growth to consistently deliver top quartile results, targeting mid-teen operating return on equity across market cycles. This is demonstrated by our combined ratio of 87.9% (adjusted combined ratio of 86.8%), return on average equity of 19.4% and operating return on average equity (“Op. RO…
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Recent filings
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Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | Q3 2018 | Q3 2017 | Q2 2023 | Q2 2022 | Q2 2018 | Q2 2017 | Q1 2019 | Q1 2018 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||||||
| AssetsUSD | 12,824,200,000Source | 13,051,600,000Source | 15,393,100,000Source | — | 12,874,700,000Source | 12,516,500,000Source | 12,978,100,000Source | 13,207,900,000Source | 16,309,600,000Source | 15,748,500,000Source | 15,224,800,000Source | 15,157,300,000Source |
| Property, Plant and Equipment, NetUSD | 75,000,000Source | 89,800,000Source | — | — | 73,000,000Source | 85,300,000Source | 72,500,000Source | 77,100,000Source | — | — | — | 81,300,000Source |
| GoodwillUSD | 3,900,000Source | 26,000,000Source | — | — | 3,900,000Source | 26,000,000Source | 3,900,000Source | 3,900,000Source | 2,100,000Source | 2,100,000Source | 3,900,000Source | 3,900,000Source |
| Current assets: | ||||||||||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 1,026,600,000Source | 1,209,300,000Source | 1,061,500,000Source | — | 1,070,700,000Source | 1,228,400,000Source | 975,900,000Source | 1,246,900,000Source | 1,658,800,000Source | 914,200,000Source | 1,028,100,000Source | 959,200,000Source |
| Operating Lease, Right-of-Use AssetUSD | — | — | — | — | — | — | 91,400,000Source | — | 43,400,000Source | 53,500,000Source | 61,600,000Source | 72,800,000Source |
| LIABILITIES AND EQUITY | ||||||||||||
| LiabilitiesUSD | 10,048,400,000Source | 9,888,700,000Source | 12,844,400,000Source | — | 10,046,700,000Source | 8,895,600,000Source | 10,260,900,000Source | 10,348,900,000Source | 12,684,500,000Source | 12,376,600,000Source | 12,316,300,000Source | 12,799,300,000Source |
| Commitments and ContingenciesUSD | 0Source | 0Source | 0Source | — | 0Source | 0Source | 0Source | 0Source | — | 0Source | 0Source | 0Source |
| Stockholders’ equity: | ||||||||||||
| Preferred Stock, Value, IssuedUSD | — | — | 753,500,000Source | — | — | — | — | — | 699,900,000Source | 970,500,000Source | 753,500,000Source | — |
| Common Stock, Value, IssuedUSD | 100,000Source | 100,000Source | 604,000Source | — | 100,000Source | 100,000Source | 600,000Source | 100,000Source | 92,000Source | 604,000Source | 604,000Source | 604,000Source |
| Additional Paid in CapitalUSD | 966,000,000Source | 951,800,000Source | 761,200,000Source | — | 965,400,000Source | 1,125,200,000Source | 967,800,000Source | 959,500,000Source | 803,400,000Source | 761,200,000Source | 761,200,000Source | 1,514,700,000Source |
| Retained Earnings (Accumulated Deficit)USD | 1,962,000,000Source | 2,234,100,000Source | 1,525,700,000Source | — | 1,998,900,000Source | 2,516,200,000Source | 1,807,400,000Source | 2,035,600,000Source | 2,320,000,000Source | 2,029,700,000Source | 1,793,500,000Source | 1,349,000,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -155,200,000Source | -25,300,000Source | -492,300,000Source | -435,000,000Source | -139,400,000Source | -22,200,000Source | -62,100,000Source | -139,100,000Source | -198,300,000Source | -390,100,000Source | -400,300,000Source | -506,300,000Source |
| Stockholders' Equity Attributable to ParentUSD | — | — | — | — | — | — | — | — | 3,625,100,000Source | 3,371,900,000Source | 2,908,500,000Source | — |
| Liabilities and EquityUSD | 12,824,200,000Source | 13,051,600,000Source | 15,393,100,000Source | — | 12,874,700,000Source | 12,516,500,000Source | 12,978,100,000Source | 13,207,900,000Source | 16,309,600,000Source | 15,748,500,000Source | 15,224,800,000Source | 15,157,300,000Source |
| Deferred Income Tax Liabilities, NetUSD | — | — | 800,000Source | — | — | — | — | — | 4,000,000Source | 1,100,000Source | 1,600,000Source | 900,000Source |
| Additional Financial Items | ||||||||||||
| AOCI, Debt Securities, Available-for-sale, Adjustment, after TaxUSD | — | — | — | — | — | — | — | — | — | — | -227,600,000Source | — |
| Cash, Cash Equivalents, and Short-term InvestmentsUSD | — | — | 7,400,000,000Source | — | — | — | — | — | 8,300,000,000Source | 7,700,000,000Source | 7,500,000,000Source | 7,100,000,000Source |
| Long-term DebtUSD | 424,700,000Source | 549,400,000Source | — | — | 424,600,000Source | 549,400,000Source | 424,700,000Source | 549,500,000Source | — | — | 300,000,000Source | 0Source |
| Stockholders' Equity Attributable to Noncontrolling Interest | —Source | —Source | — | — | —Source | —Source | —Source | —Source | — | — | — | — |
| Deferred Tax Liabilities, Net | — | —Source | — | — | — | —Source | — | — | — | — | — | — |
cash flow · annual statements
| Line item | Q4 2018 | Q4 2017 | Q3 2018 | Q2 2023 | Q2 2018 | Q1 2019 | Q1 2018 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | |||||||||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | — | — | — | — | — | — | — | 340,200,000Source | 486,100,000Source | 534,700,000Source | 51,100,000Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | |||||||||||
| Deferred Income Tax Expense (Benefit)USD | — | — | — | — | — | — | — | 22,300,000Source | -88,600,000Source | -197,700,000Source | -104,600,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | — | — | — | — | — | -179,500,000Source | -122,800,000Source | 439,000,000Source | 554,900,000Source | 324,700,000Source | -55,000,000Source |
| Cash flows from investing activities: | |||||||||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | — | — | — | — | — | 79,900,000Source | 385,300,000Source | 339,800,000Source | -352,800,000Source | -172,200,000Source | -196,500,000Source |
| Payments for (Proceeds from) Other Investing ActivitiesUSD | — | — | — | — | — | 0Source | 0Source | 39,500,000Source | 32,500,000Source | 9,300,000Source | 62,500,000Source |
| Cash flows from financing activities: | |||||||||||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | — | — | — | — | — | -9,800,000Source | -71,700,000Source | -48,700,000Source | -307,900,000Source | -90,200,000Source | -84,600,000Source |
| Payments of Ordinary Dividends, Common StockUSD | — | — | — | — | — | — | — | 0Source | 195,000,000Source | 40,300,000Source | 40,000,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | — | — | — | — | — | — | — | 744,600,000Source | -113,900,000Source | 68,900,000Source | -354,900,000Source |
| Supplemental disclosure of cash flow information: | |||||||||||
| Income Taxes Paid, NetUSD | — | — | — | — | — | -2,300,000Source | -800,000Source | 71,800,000Source | 69,000,000Source | 60,900,000Source | 29,100,000Source |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | — | — | — | — | — | — | — | 14,500,000Source | -8,100,000Source | 6,600,000Source | -18,800,000Source |
| Additional Financial Items | |||||||||||
| Share-based Payment Arrangement, ExpenseUSD | — | — | — | — | — | 21,600,000Source | — | 61,500,000Source | — | — | — |
| Amortization of Intangible AssetsUSD | — | — | 300,000Source | — | 500,000Source | 400,000Source | 400,000Source | — | — | — | 100,000Source |
| Cash, Cash Equivalents, and Short-term InvestmentsUSD | — | — | — | 7,400,000,000Source | — | — | — | 8,300,000,000Source | 7,700,000,000Source | 7,500,000,000Source | 7,100,000,000Source |
| Debt Securities, Available-for-sale, Allowance for Credit Loss, Not Previously RecordedUSD | — | — | — | — | — | — | — | 100,000Source | 300,000Source | 300,000Source | — |
| Deferred Policy Acquisition Costs, Amortization ExpenseUSD | — | — | 101,000,000Source | — | 85,900,000Source | 88,200,000Source | 90,800,000Source | 422,400,000Source | 420,200,000Source | 380,200,000Source | 431,800,000Source |
| Depreciation, Amortization and Accretion, NetUSD | — | — | — | — | — | 8,900,000Source | 10,600,000Source | 7,900,000Source | -1,000,000Source | 11,000,000Source | 43,300,000Source |
| Derivative, Gain (Loss) on Derivative, NetUSD | — | — | 7,200,000Source | — | -46,100,000Source | -53,300,000Source | 23,500,000Source | 47,500,000Source | -21,100,000Source | 26,100,000Source | -80,500,000Source |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | — | — | -9,500,000Source | — | 5,200,000Source | 5,100,000Source | -4,700,000Source | -78,500,000Source | 60,200,000Source | -36,200,000Source | 15,900,000Source |
| Gain (Loss) on InvestmentsUSD | — | — | 1,800,000Source | — | 3,500,000Source | 42,000,000Source | 100,600,000Source | 61,400,000Source | 52,600,000Source | 75,900,000Source | 5,000,000Source |
| Gain (Loss) on Sale of DerivativesUSD | — | — | — | — | — | -1,600,000Source | -700,000Source | -6,700,000Source | 6,500,000Source | 14,000,000Source | -15,400,000Source |
| General and Administrative ExpenseUSD | — | — | 93,400,000Source | — | 85,100,000Source | 86,200,000Source | 95,200,000Source | 492,000,000Source | 405,900,000Source | 354,500,000Source | 386,500,000Source |
| GoodwillUSD | — | — | 3,900,000Source | — | 3,900,000Source | 3,900,000Source | 3,900,000Source | 2,100,000Source | 2,100,000Source | 3,900,000Source | 3,900,000Source |
| Goodwill and Intangible Asset ImpairmentUSD | — | — | — | — | — | — | — | — | — | — | 0Source |
| Goodwill, Impairment LossUSD | — | — | — | — | — | — | — | — | — | — | 0Source |
| Income Tax Expense (Benefit)USD | — | — | -15,500,000Source | — | -1,500,000Source | -4,400,000Source | 3,600,000Source | 103,900,000Source | -22,000,000Source | -132,100,000Source | -78,100,000Source |
| Liability for Unpaid Claims and Claims Adjustment Expense, Incurred ClaimsUSD | — | — | — | — | — | 311,800,000Source | 310,200,000Source | 1,546,700,000Source | 1,717,800,000Source | 1,553,000,000Source | 1,680,000,000Source |
| Net Income (Loss) Attributable to ParentUSD | — | — | — | — | — | — | — | 340,200,000Source | 486,100,000Source | 534,700,000Source | 51,100,000Source |
| Nonoperating Income (Expense)USD | — | — | -51,000,000Source | — | -9,100,000Source | -39,200,000Source | -12,100,000Source | -76,800,000Source | -29,900,000Source | -35,100,000Source | -36,000,000Source |
| Operating Lease, ExpenseUSD | — | — | — | — | — | — | — | 13,700,000Source | 14,000,000Source | 15,200,000Source | — |
| Operating Lease, Impairment LossUSD | — | — | — | — | — | — | — | 0Source | 0Source | 0Source | -6,700,000Source |
| Proceeds from Contributed CapitalUSD | — | — | — | — | — | — | — | — | — | 0Source | 0Source |
| Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-saleUSD | — | — | — | — | — | — | — | 623,000,000Source | 850,100,000Source | 474,000,000Source | 293,600,000Source |
| Share-based Payment Arrangement, Noncash Expense | — | — | — | — | — | —Source | —Source | — | — | — | — |
| Payments to Acquire Businesses, Net of Cash Acquired | — | — | — | — | — | — | —Source | — | — | — | — |
| Payment, Tax Withholding, Share-based Payment Arrangement | — | — | — | — | — | —Source | —Source | — | — | — | — |
| Payments for Repurchase of Common Stock | — | — | — | — | — | —Source | —Source | — | — | — | — |
| Repayments of Long-term Debt | — | — | — | — | — | —Source | —Source | — | — | — | — |
| Gain (Loss) on Extinguishment of Debt | — | — | —Source | — | — | — | — | — | — | — | — |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | — | — | —Source | — | —Source | —Source | —Source | — | — | — | — |
| Net Income (Loss) Attributable to Noncontrolling Interest | — | — | —Source | — | —Source | —Source | —Source | — | — | — | — |
| Net Income (Loss) Available to Common Stockholders, Basic | — | — | —Source | — | —Source | — | —Source | — | — | — | — |
| Other Nonoperating Income (Expense) | — | — | —Source | — | —Source | —Source | —Source | — | — | — | — |
| Proceeds from Issuance of Common Stock | — | — | — | — | — | —Source | —Source | — | — | — | — |
income statement · annual statements
| Line item | Q4 2018 | Q4 2017 | Q3 2018 | Q2 2018 | Q1 2019 | Q1 2018 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total RevenueUSD | — | — | 674,400,000Source | 575,500,000Source | 605,800,000Source | 683,500,000Source | 3,219,600,000Source | 3,260,300,000Source | 2,966,100,000Source | 2,890,000,000Source |
| Selling, General and Administrative ExpenseUSD | — | — | 160,400,000Source | 110,200,000Source | 137,300,000Source | 121,000,000Source | 671,400,000Source | 533,100,000Source | 503,600,000Source | 494,200,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | — | — | — | — | — | — | 444,100,000Source | — | — | — |
| Income Tax Expense (Benefit)USD | — | — | -15,500,000Source | -1,500,000Source | -4,400,000Source | 3,600,000Source | 103,900,000Source | -22,000,000Source | -132,100,000Source | -78,100,000Source |
| Net Income (Loss) Attributable to ParentUSD | — | — | — | — | — | — | 340,200,000Source | 486,100,000Source | 534,700,000Source | 51,100,000Source |
| Earnings Per Share, BasicUSD per share | — | — | -0.38Source | -0.38Source | — | 0.39Source | 3.18Source | 7.14Source | 8.03Source | — |
| Earnings Per Share, DilutedUSD per share | — | — | -0.38Source | -0.38Source | — | 0.38Source | 3.17Source | 7.14Source | 8.03Source | — |
| Weighted Average Number of Shares Outstanding, Basicshares | — | — | 59,692,623Source | 59,671,684Source | — | 59,546,165Source | 91,375,776Source | 60,395,839Source | 60,395,839Source | — |
| Weighted Average Number of Shares Outstanding, Dilutedshares | — | — | 59,692,623Source | 59,671,684Source | — | 60,513,147Source | 91,534,420Source | 60,395,839Source | — | — |
| Additional Financial Items | ||||||||||
| Amortization of Intangible AssetsUSD | — | — | 300,000Source | 500,000Source | 400,000Source | 400,000Source | — | — | — | 100,000Source |
| Current Income Tax Expense (Benefit)USD | — | — | — | — | — | — | 81,600,000Source | 66,600,000Source | 65,600,000Source | 26,500,000Source |
| Debt Securities, Gain (Loss)USD | — | — | — | — | — | — | -72,300,000Source | -102,100,000Source | -61,400,000Source | -182,600,000Source |
| Deferred Policy Acquisition Costs, Amortization ExpenseUSD | — | — | 101,000,000Source | 85,900,000Source | 88,200,000Source | 90,800,000Source | 422,400,000Source | 420,200,000Source | 380,200,000Source | 431,800,000Source |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | — | — | -9,500,000Source | 5,200,000Source | 5,100,000Source | -4,700,000Source | -78,500,000Source | 60,200,000Source | -36,200,000Source | 15,900,000Source |
| Gain (Loss) on InvestmentsUSD | — | — | 1,800,000Source | 3,500,000Source | 42,000,000Source | 100,600,000Source | 61,400,000Source | 52,600,000Source | 75,900,000Source | 5,000,000Source |
| General and Administrative ExpenseUSD | — | — | 93,400,000Source | 85,100,000Source | 86,200,000Source | 95,200,000Source | 492,000,000Source | 405,900,000Source | 354,500,000Source | 386,500,000Source |
| Goodwill, Impairment LossUSD | — | — | — | — | — | — | — | — | — | 0Source |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD | — | — | — | — | — | — | — | 269,000,000Source | 236,300,000Source | 34,800,000Source |
| Interest Expense, DebtUSD | — | — | 5,400,000Source | 7,600,000Source | 5,500,000Source | 7,400,000Source | 31,700,000Source | 62,100,000Source | 55,200,000Source | 43,700,000Source |
| Liability for Unpaid Claims and Claims Adjustment Expense, Incurred ClaimsUSD | — | — | — | — | 311,800,000Source | 310,200,000Source | 1,546,700,000Source | 1,717,800,000Source | 1,553,000,000Source | 1,680,000,000Source |
| Net Income (Loss) from Continuing Operations Available to Common Shareholders, BasicUSD | — | — | — | — | — | — | 290,300,000Source | 431,200,000Source | 484,800,000Source | — |
| Net Investment IncomeUSD | — | — | 48,000,000Source | 50,400,000Source | 51,500,000Source | 47,300,000Source | 326,300,000Source | 318,000,000Source | 275,700,000Source | 188,100,000Source |
| Nonoperating Income (Expense)USD | — | — | -51,000,000Source | -9,100,000Source | -39,200,000Source | -12,100,000Source | -76,800,000Source | -29,900,000Source | -35,100,000Source | -36,000,000Source |
| Operating Lease, ExpenseUSD | — | — | — | — | — | — | 13,700,000Source | 14,000,000Source | 15,200,000Source | — |
| Other ExpensesUSD | — | — | 400,000Source | 500,000Source | 900,000Source | 1,200,000Source | — | 0Source | 0Source | 20,100,000Source |
| Other IncomeUSD | — | — | 1,400,000Source | 2,100,000Source | 1,700,000Source | 2,100,000Source | — | 0Source | 0Source | 8,200,000Source |
| Preferred Stock Dividends, Income Statement ImpactUSD | — | — | — | — | — | — | 45,500,000Source | — | — | — |
| Other Nonoperating Income (Expense) | — | — | —Source | —Source | —Source | —Source | — | — | — | — |
| Net Income (Loss) Attributable to Noncontrolling Interest | — | — | —Source | —Source | —Source | —Source | — | — | — | — |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | — | — | —Source | —Source | —Source | —Source | — | — | — | — |
| Net Income (Loss) Available to Common Stockholders, Basic | — | — | —Source | —Source | — | —Source | — | — | — | — |
Offerings
Registration 333-276163
- Gross proceeds
- 397500000.0
- Net proceeds
- 374643750.0
- Deal price
- 30.0
- Shares
- 13250000
- Offering price
- $30.0000
- Ticker
- AHL