Aspen Insurance Holdings Ltd operates globally through multiple platforms offering specialty insurance and reinsurance products across the U.S., U.K., Bermuda, and Lloyd’s of London. In 2025, Aspen delivered modest premium growth of 1.4% driven by new business and cross-class partnerships, alongside solid adjusted underwriting income and a combined ratio under 87%. The company successfully completed its acquisition by Sompo in early 2026, receiving upgrades in credit and financial strength ratings. Strong capital management is evidenced by increased shareholders’ equity to $3.63 billion and a disciplined approach to underwriting, despite industry headwinds including catastrophe exposure, social inflation, and regulatory constraints. Operating ROE was moderate at around 9.4%, with positive operating cash flow of $439 million in 2025.