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ASPEN NEWS

Aspen Risk Management gains CII Chartered Insurers status

11th January

London, UK, January 11, 2012 – Aspen Risk Management Limited has been awarded corporate Chartered Insurers status by the Chartered Insurance Institute (CII). The new certification demonstrates Aspen Risk Management’s commitment to the “gold standard” in professionalism and skills.

The CII’s Chartered Insurers status is a highly prestigious designation with very demanding qualification criteria. Insurance companies are awarded Chartered status only on the basis of the highest professional standards and skills, up-to-date qualifications, and strong ethical conduct. The CII describes Chartered Insurers status as the “gold standard” and the “ultimate symbol of trust for insurance and financial planning.”

Kevin Pallett, Managing Director of Aspen Risk Management Limited, welcomed the firm’s achievement: “We are very excited to be awarded Chartered Insurers status. It shows our commitment and dedication towards the highest professional standards in our dealings with brokers and their clients – and is a strong vote of confidence in the quality and skills of our people.

“Chartered Insurers status provides a further reason why brokers can confidently recommend Aspen Risk Management to clients,” he added.

Ends

Chartered Insurers status
As a result of being awarded Chartered Insurers status, Aspen Risk Management Limited may use the CII’s Chartered Insurers logo.

For more background information on Chartered Insurers status visit www.cii.co.uk/chartered

About Aspen Risk Management Limited
Aspen Risk Management Limited is part of the Aspen Group (the ultimate parent company is Aspen Insurance Holdings Limited, see below). Aspen Risk Management combines traditional commercial insurance with a comprehensive range of risk management facilities, distributed in partnership with a select panel of insurance brokers. This includes a broad spectrum of market leading property, casualty and specialty insurance products, along with health and safety and business continuity protection.

About Aspen Insurance Holdings Limited
The Company 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 “A2 (“Excellent”) by A.M. Best and an “A2” (“Good”) by Moody’s Investors Service.

Application of the Safe Harbor of the Private Securities Litigation Reform Act of 1995
This press release may contain written, and Aspen’s officers may make related oral, “forward-looking statements” within the meaning of the US federal securities laws regarding its business plans. 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, 2010, filed with the US Securities and Exchange Commission on February 25, 2011.

For further information please contact 

Justin Griffiths, Citigate Dewe Rogerson    
Justin.Griffiths@citigatedr.co.uk
+44 20 7638 9571 

Tim Dickenson, Global Head of Communications, Aspen
Tim.Dickenson@aspen.co
+44 20 7184 8034