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Aspen Insurance Appoints Annie Watson as General Manager

London, UK, April 26, 2011 — Aspen Insurance UK Limited, a subsidiary of Aspen Insurance Holdings Limited (AHL:NYSE), today announced the appointment of Annie Watson as General Manager, Scotland, of Aspen Risk Management Limited.

Annie Watson will head up Aspen’s new Glasgow office targeting Commercial Insurance business in Scotland. Annie will report to Geoff Crisp, Executive Director of Aspen Risk Management Limited. She has over 20 years of industry experience in risk management and liability. Most recently she was the head of Scotland and Northern Ireland at RSA. Prior to that, she held senior roles with Willis, Heath Lambert and Cornhill

Aspen Risk Management Limited already has an established presence in London, Birmingham and Bristol and forms the regional platform for Aspen Insurance UK Limited. The group aims to 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 through the regional offices.

Kevin Pallett, Managing Director of Aspen Risk Management Limited,, said, “We are delighted to have recruited someone of Annie's stature in the local market to lead our development in Scotland. She has built an enviable reputation for creating Risk Management led insurance solutions".

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, Switzerland, the United Kingdom and the United States. For the twelve months ended December 31, 2010, The Company reported gross written premiums of $2,076.8 million, net income of $312.7 million and total assets of $8.8 billion. Its operating subsidiaries have been assigned a financial strength 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 more detailed description of these uncertainties and other factors which could cause results to differ materially, please see the "Risk Factors" section in Aspen's Annual Report on Form 10-K as filed with the U.S. Securities and Exchange Commission on February 25, 2011. Aspen undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the dates on which they are made.