Aspen Appoints Warde President-U.S.

April 30, 2007

Bermuda-based Aspen Insurance Holdings Limited announced that Nathan Warde has been appointed President of Aspen Insurance U.S., with immediate effect. He will report directly to Chris O’Kane, Aspen’s CEO.

Warde assumes responsibility for Aspen’s insurance operations in the United States and the strategic development of Aspen’s Excess and Surplus lines business.

Warde joins Aspen from Arch Capital Group Ltd. where he was Executive Vice President, Worldwide Property, with responsibility for the entire property product including Arch’s E&S operations and Global Property operations in the USA and Europe. He has over 20 years of property and casualty insurance experience.

“I am extremely pleased that Nathan has joined our team,” O’Kane stated. “He has a strong track-record in E&S underwriting and brings significant expertise to our U.S. insurance operations. I believe that under his leadership we will be able to take our E&S business into its next phase of development and benefit from what I see as excellent opportunities in this market. I look forward to working closely with Nathan to leverage our strategic platform in the U.S. and support the growth of our insurance business in this key geography.”

Warde said he has the highest regard “for Chris and the Aspen team,” and that he was looking forward to assuming his new post.

Prior to joining Arch in 2002, Warde worked with Royal Specialty Underwriting, Inc. (RSUI) where he opened a branch office in 1992 and was team leader of an underwriting unit writing in excess of $160 million in premium. Prior to RSUI, he held positions at NRG America and Hartford Insurance Group. He is a Chartered Property Casualty Underwriter (CPCU) and holds the following designations: Associate in Reinsurance (ARe), Associate in Loss Control Management (ALCM), Associate in Marine Insurance Management (AMIM), Associate in Risk Management (ARM) and Certificate in General Insurance. Mr. Warde holds a Bachelor of Arts degree from the University of California with majors in Economics and Political Science.

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