AHL Aspen Insurance Holdings Limited Ordinary Shares

HAMILTON, Bermuda, March 4 /PRNewswire-FirstCall/ -- Aspen Insurance Holdings Limited (NYSE:AHL) ("Aspen") today announced that Simon Mason has been promoted to the role of Deputy Head of Marine & Energy, International Insurance, effective immediately. In connection with the promotion, Simon will take on greater management responsibilities. He will continue to report to John Henderson, Head of Marine & Energy, International Insurance. Simon joined Aspen in December 2004 and has twenty years of experience in the energy insurance sector. He currently serves on the London market Joint Rig Committee, which is a representative forum for the London marine energy market, and previously has worked in the Lloyd's market. "We are delighted to recognize Simon's contributions. His deep expertise in the marine, energy and liability areas has helped us to grow this business," said Matthew Yeldham, Head of International Insurance, Aspen Insurance Holdings. "Simon's promotion is indicative of our focus on further expanding our specialized International Insurance operations by strengthening our team to take advantage of opportunities in the current market. Aspen has developed a strong track record in Marine & Energy since entering the business in 2004 and we remain focused on complex opportunities that leverage our technical underwriting skills. Indeed in 2007, Aspen reported $663 million of gross written premiums from International Insurance." The Marine & Energy Insurance team underwrites hull, energy physical damage and associated liability classes. Aspen's energy and marine clients are drawn from around the world. About Aspen Insurance Holdings Limited Aspen provides reinsurance and insurance coverage to clients in various domestic and global markets through wholly-owned subsidiaries and offices in Bermuda, France, Ireland, the United States, the United Kingdom, and Switzerland. For the year ended December 31, 2007, Aspen reported gross written premiums of $1.8 billion, net income of $489.0 million and total assets of $7.2 billion. For more information about Aspen, please visit http://www.aspen.bm/. Application of the Safe Harbor of the Private Securities Litigation Reform Act of 1995: This press release contains written, and Aspen's officers may make related oral, "forward-looking statements" within the meaning of the U.S. federal securities laws regarding the appointment of new hires and the direction and growth of the Company. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward- looking statements include all statements that do not relate solely to historical or current facts, and can be identified by the use of words such as "expect," "intend," "plan," "believe," "project," "anticipate," "seek," "will," "estimate," "may," "continue," and similar expressions of a future or forward-looking nature. All forward-looking statements rely on a number of assumptions, estimates and data concerning future results and events and are subject to a number of uncertainties and other factors, many of which are outside Aspen's control that could cause actual results to differ materially from such statements. For a detailed description of uncertainties and other factors that could impact the forward-looking statements in this release, please see the "Risk Factors" section in Aspen's Annual Report on Form 10-K for the year ended December 31, 2006, filed with the U.S. Securities and Exchange Commission on February 22, 2007. DATASOURCE: Aspen Insurance Holdings Limited CONTACT: Tania Kerno, Head of Communications, +44-20-7184-8855, Noah Fields, Head of Investor Relations, +1-441-297-9382, both of Aspen Insurance Holdings Limited; Press Inquires, Sarah Gestetner, Citigate Dewe Rogerson, +44-20-7638 9571, Eliza Johnson, Abernathy MacGregor, +1-212-371-5999 Web site: http://www.aspen.bm/

Copyright