Aspen Names Sinclair President, COO

August 8, 2006

Bermuda-based Aspen Insurance Holdings Limited has appointed Stuart Sinclair as its new President and Chief Operating Officer. He is also expected to join the company’s Board of Directors.

Sinclair will be based in London and will take over responsibility for Aspen’s internal performance and efficiency. He will report directly to Aspen’s CEO, Chris O’Kane. Aspen said his appointment will further its “operations management at a time when the company continues to diversify its portfolio.”

“I am pleased to welcome Stuart to Aspen. He brings a wealth of leadership experience in large international organizations and has an impressive financial services background,” O’Kane stated. “I am confident that Stuart’s contributions will be felt immediately, as we remain focused on enhancing our performance internally and across our business lines.”

Sinclair, 53, was most recently President and CEO, Greater China, GE Financial Services, which is part of GE Capital. Previously, he served as President and UK Chief Executive of GE Consumer Finance. Prior to joining GE Capital, Mr. Sinclair held several positions at Royal Bank of Scotland, including CEO of Tesco Personal Finance.

Sinclair commented: “I look forward to working closely with Chris, Aspen’s management and the Board to leverage improved efficiency and communication across our diversified business lines and strategic geographic locations.”

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