AHL Aspen Insurance Holdings Limited Ordinary Shares

Aspen Specialty to Expand into Georgia and Arizona with the Addition of Two New Underwriting Officers HAMILTON, Bermuda, Aug. 18 /PRNewswire-FirstCall/ -- Aspen Insurance Holdings Limited (NYSE:AHL)(BSX:AHLBSX:BH) today announced that Aspen Specialty Insurance Company, a wholly owned subsidiary, will open offices in Atlanta, Georgia and Scottsdale, Arizona. Janet Lovell and Glen Plagmann will lead underwriting efforts in Georgia and Arizona, respectively. "Janet and Glen each have over twenty-five years of progressive underwriting and management experience," said Peter Coghlan, President and Chief Executive Officer, Aspen Specialty. "We are thrilled to announce the addition of such expertise to the Aspen team. I am confident in their ability to expand the geographic reach of Aspen Specialty's business while maintaining excellence in underwriting." Ms. Lovell will be based in Atlanta, GA. Most recently, she served as Excess and Surplus Underwriting Manager at General Electric Insurance. Prior to that, Ms. Lovell was the Atlanta Branch Manager with The Hartford/ First State Management Company, where she first worked with Peter Coghlan and Chris Maciejewski, Executive Vice President, Aspen Specialty. Mr. Plagmann will be based in Scottsdale, AZ. Prior to joining Aspen Specialty, Mr. Plagmann held the position, Director of Specialty Property, Colony Insurance Company. Previously Mr. Plagmann spent over ten years with Scottsdale Insurance Company where he started the company's Brokerage Property division in 1986. "Aspen Specialty plans to be a leader in the surplus arena and opening offices in Georgia and Arizona are key steps toward achieving our goal," said Mr. Coghlan. "Georgia has a very robust surplus lines market and we will better serve the southeast region with a local office. Arizona is also a strategic base as it will open a path to the western states." Aspen Specialty, with its headquarters in Boston, MA, currently writes a focused book of property and casualty surplus lines business, through the U.S. wholesale surplus lines broker network. About Aspen Insurance Holdings Limited Aspen Insurance Holdings Limited (Aspen) was established in June 2002. Aspen is a Bermudian holding company that provides property and casualty reinsurance in the global market, property and liability insurance principally in the United Kingdom and surplus lines insurance in the United States. Aspen's operations are conducted through its wholly owned subsidiaries located in London, Bermuda and the United States: Aspen Insurance UK Limited (Aspen Re), Aspen Insurance Limited (Aspen), Aspen Specialty Insurance Company (Aspen Specialty) and Aspen Re America Inc (Aspen Re America). Aspen's reinsurance segment consists of property reinsurance, casualty reinsurance and specialty reinsurance lines of business. Aspen's insurance segment consists of commercial property, commercial liability and U.S. surplus insurance lines of business. Aspen's principal existing shareholders include The Blackstone Group, Candover Partners Limited, Wellington Underwriting plc and Credit Suisse First Boston Private Equity. DATASOURCE: Aspen Insurance Holdings Limited CONTACT: Investor - Noah Fields, Head of Investor Relations, or Julian Cusack, Chief Financial Officer, both of Aspen Insurance Holdings Limited, +441-297-9382; or US - Carina Thate, or Jason Thompson, both of The Abernathy MacGregor Group, +1-212-371-5999, for Aspen Insurance Holdings Limited; or UK - Emma Burdett, or Brian Hudspith, both of The Maitland Consultancy, +44-20-7379-5151; for Aspen Insurance Holdings Limited

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