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Aspen Announces Development of UK Regional Platform

London, UK, January 25, 2011 – Aspen Insurance UK Limited, a subsidiary of Aspen Insurance Holdings Limited (NYSE:AHL), is pleased to report that its regional platform, Aspen Risk Management Ltd (the “Company”), is now fully operational and providing new insurance and risk management products for selected brokers and their clients in the UK market.

Aspen Risk Management will write business through a network of regional offices and has already established a presence in Birmingham and Bristol with plans to open further offices in due course, including Glasgow, which will open in February 2011. Each office will provide a comprehensive insurance and risk management service, offering a broad range of Property, Casualty and Specialty insurance products supported by a market leading Risk Management proposition. The service will be distributed through a select panel of professional brokers who fit the Company’s model of providing carefully tailored business protection solutions for clients.

Aspen Risk Management, led by Kevin Pallett and Geoff Crisp, has made a number of significant senior appointments to-date including, Paul Hurdle as Underwriting Director, Sue McCall as Head of Claims, Gary Duncombe as Head of Risk Management and Brian Garner as Head of Operations. The Company has already recruited a team of 26 professionals in total, including a claims team based in London.

In addition, it is anticipated that further appointments will be made as the business continues to develop. In preparation for the opening of its Glasgow office, the Company is pleased to announce the appointment of Duncan Leask as Head of Underwriting Scotland, Neal Robb, Deputy Head of Underwriting and Craig Provan as Head of Risk Management.

Kevin Pallett commented: “We are very excited that Aspen Risk Management is now operational and we are looking forward to providing our brokers and clients with differentiated, expertise driven risk management services that they are increasingly seeking. We aim to offer a wider business protection service, which is not only about insurance, but also identifying and preventing risks before they even occur. We believe that in this respect our model sets us apart from the rest of the market.”

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, Germany, Ireland, Singapore, the United States, the United Kingdom, and Switzerland. For the twelve months ended December 31, 2009, Aspen reported gross written premiums of $2,067.1 million, net income of $473.9 million and total assets of $8.3 billion. Its operating subsidiaries have been assigned a rating of “A” (“Strong”) by Standard & Poor’s, an “A” (“Excellent”) by A.M. Best and an “A2” (“Good”) by Moody’s Investors Service. For more information about Aspen, please visit 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 its appointment of personnel, establishment of new offices and its ability to execute its business lines and grow certain lines. 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, including changes in market conditions and their impact on our business. 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, 2009, filed with the U.S. Securities and Exchange Commission on February 26, 2010.

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