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CONSOLIDATED STATEMENTS OF OPERATIONS AND OTHER COMPREHENSIVE INCOME - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Revenues      
Net earned premiums $ 2,614.5 $ 2,688.7 $ 2,410.5
Net investment income (1) 275.7 188.1 147.5
Realized and unrealized investment gains 75.9 5.0 56.2
Other income 0.0 8.2 14.7
Total revenues 2,966.1 2,890.0 2,628.9
Expenses      
Losses and loss adjustment expenses 1,553.0 1,680.0 1,693.3
Acquisition costs 380.2 431.8 414.1
General, administrative and corporate expenses (2) 503.6 494.2 418.0
Interest expense 55.2 43.7 14.3
Change in fair value of derivatives (26.1) 80.5 35.9
Realized and unrealized investment losses (3) 61.4 182.6 47.4
Net realized and unrealized foreign exchange (gains)/losses (36.2) 15.9 40.0
Other expenses 0.0 20.1 10.8
Total expenses 2,563.5 2,917.0 2,593.8
Income (loss) from operations before income taxes 402.6 (27.0) 35.1
Income tax benefit/(expense) 132.1 78.1 (5.3)
Net income/(loss) attributable to Aspen Insurance Holdings Limited’s ordinary shareholders 534.7 51.1 29.8
Available for sale investments:      
Reclassification adjustment for net realized gains/(losses) on investments included in net income/(loss) 40.2 55.5 (20.4)
Change in net unrealized (losses)/gains on available for sale securities held 86.0 (447.2) (137.2)
Net change from current period hedged transactions (14.0) 15.4 (6.2)
Change in foreign currency translation adjustment 14.4 (30.9) 21.4
Other comprehensive (loss)/income, before income taxes 126.6 (407.2) (142.4)
Income tax benefit/(expense) thereon:      
Reclassification adjustment for net realized losses on investments included in net /(loss) 6.6 0.0 0.0
Change in net unrealized gains on available for sale securities held (14.0) 23.9 (0.3)
Total income tax benefit/(expense) allocated to other comprehensive (loss) (20.6) 23.9 (0.3)
Other comprehensive (loss)/income, net of tax 106.0 (383.3) (142.7)
Total comprehensive (loss)/income attributable to Aspen Insurance Holdings Limited's ordinary shareholders 640.7 (332.2) (112.9)
Net income      
Net (loss)/income attributable to Aspen Insurance Holdings Limited’s ordinary shareholders 534.7 51.1 29.8
Preference share dividends 49.9 44.6 44.5
Net income/(loss) available to Aspen Insurance Holdings Limited’s ordinary shareholders $ 484.8 $ 6.5 $ (14.7)