ASPEN UNDERWRITING LIMITED

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

1. ASPEN UNDERWRITING LIMITED 2008-03-27 → present
2. WHISTLER UNDERWRITING LIMITED 2007-12-21 → 2008-03-27

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

Ernst & Young LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“After performing an assessment, the Directors are satisfied that the Company has adequate resources to meet its liabilities as they fall due and continue in operational existence up to 30 June 2026.”

Significant events

• “The Company's exposure to the California Wildfires is limited and falls within expectations. The California Wildfires, net of reinsurance and reinstatement premiums, are expected to generate claims in the range of £5.8m to £8.6m, based on Aspen's modelled loss projections and exposure analysis, at an industry loss estimate in the range of $35 to $45 billion, and will be included in the Company's 2025 results.”
• “On 9 May 2025, AIHL completed an initial public offering ("IPO").”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

4

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Gross written premiums

  +28.7%

  £857,941,000 → £1,103,963,000

• Net earned premiums

  +22.8%

  £317,769,000 → £390,163,000

• Profit before tax

  +102.4%

  £15,793,000 → £31,962,000

• Equity

  +311.2%

  -£15,013,000 → £31,704,000

• Claims incurred

  -1.5%

  £219,678,000 → £216,405,000

• Insurance contract liabilities

  +14.9%

  £1,969,293,000 → £2,263,181,000

• Investment return

  -46.7%

  £19,951,000 → £10,633,000

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers