NYSE$AHL

Aspen Insurance Holdings Limited · Q2 2025 earnings

Q2 2025 earnings · · Investor relations

Briefing

Aspen Insurance Q2 2025: $776M revenue, combined ratio improves to 85.1%

Aspen Insurance Holdings reported Q2 2025 consolidated results with total revenues of $776.0 million, down slightly from $801.0 million in Q2 2024, reflecting lower net earned premiums partly offset by investment gains. Net earned premiums were $674.9 million versus $705.4 million prior year. Underwriting income improved with a combined ratio of 85.1% compared to 89.7% in Q2 2024. Net income was $46.5 million, or $0.39 per basic and diluted share, down from $69.0 million and $0.61 per share in Q2 2024. Total investable assets reached $8.0 billion. Insurance segment net earned premiums were $395.8 million and reinsurance $279.1 million for the quarter.

  • Q2 total revenue $776.0M; net earned premiums $674.9M
  • Combined ratio improved to 85.1% from 89.7% in Q2 2024
  • Q2 net income $46.5M; basic/diluted EPS $0.39 vs $0.61 prior year
  • Insurance net earned premiums $395.8M; reinsurance $279.1M
  • Investable assets of $8.0B; H1 net income $83.3M

Headline financials

Total Revenue

$776M

No prior period
EPS (adj)

$0.39

No prior period
Combined ratio

85.1%

No prior period
Net earned premiums

$675M

No prior period
Investable assets

$8B

No prior period
Net Income

$46.5M

No prior period
Operating Income

$97.6M

No prior period

Revenue & EPS history

Aspen Insurance Holdings Limited · Revenue · Quarterly

$606M

Q1 2019-11.4%vs Q1 2018

Revenue by segment

Aspen Insurance Holdings Limited · $675M total across 2 segments · Q2 2025

  • Insurance
    $396M
  • Reinsurance
    $279M

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