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UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND OTHER COMPREHENSIVE INCOME - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Revenues    
Net earned premium $ 533.5 $ 581.1
Net investment income 47.3 47.7
Realized and unrealized investment gains 100.6 51.2
Other income 2.1 3.6
Total revenues 683.5 683.6
Expenses    
Losses and loss adjustment expenses 310.2 328.2
Amortization of deferred policy acquisition costs 90.8 113.7
General, administrative and corporate expenses 121.0 121.3
Interest on long-term debt 7.4 7.4
Change in fair value of derivatives (23.5) (3.1)
Change in fair value of loan notes issued by variable interest entities (1.0) 2.9
Realized and unrealized investment losses 138.3 5.0
Net realized and unrealized foreign exchange losses 4.7 8.9
Other expenses 1.2 0.0
Total expenses 649.1 584.3
Income from operations before income tax 34.4 99.3
Income tax (expense) (3.6) (2.8)
Net income 30.8 96.5
Amount attributable to non-controlling interest (0.2) (0.1)
Net income attributable to Aspen Insurance Holdings Limited’s ordinary shareholders 30.6 96.4
Available for sale investments:    
Reclassification adjustment for net realized gains on investments included in net income (0.1) (1.0)
Change in net unrealized gains/(losses) on available for sale securities held (82.8) 3.0
Net change from current period hedged transactions 0.9 1.3
Change in foreign currency translation adjustment (8.1) (17.2)
Other comprehensive (loss), gross of tax (90.1) (13.9)
Tax thereon:    
Reclassification adjustment for net realized gains on investments included in net income 0.1 0.2
Change in net unrealized gains/(losses) on available for sale securities held 5.4 (0.1)
Net change from current period hedged transactions (0.2) (0.1)
Change in foreign currency translation adjustment 1.6 4.3
Total tax on other comprehensive income 6.9 4.3
Other comprehensive (loss), net of tax (83.2) (9.6)
Total comprehensive (loss)/income attributable to Aspen Insurance Holdings Limited’s ordinary shareholders $ (52.6) $ 86.8
Weighted average number of ordinary share and share equivalents    
Basic (in shares) 59,546,165 59,862,662
Diluted (in shares) 60,513,147 61,196,772
Basic earnings per ordinary share adjusted for preference share dividends $ 0.39 $ 1.39
Diluted earnings per ordinary share adjusted for preference share dividends $ 0.38 $ 1.36