Latham & Watkins Advises on Aspen Insurance Holdings’ Upsized US$397.5 Million IPO

Aspen Insurance Holdings Limited has announced the pricing of its upsized initial public offering of 13,250,000 of its Class A ordinary shares at a price to the public of US$30.00 per ordinary share. The ordinary shares are being offered by certain entities managed by affiliates of Apollo Global Management, Inc. (the selling shareholders). In connection with the offering, the selling shareholders have granted the underwriters a 30-day option to purchase up to an additional 1,987,500 ordinary shares. The ordinary shares began trading on the New York Stock Exchange under the ticker symbol “AHL” on May 8, 2025, and the offering closed on May 9, 2025.

Latham & Watkins LLP represented the underwriters in the offering with a corporate team led by New York partners Marc Jaffe, Erika Weinberg, and Gary Boss, with associates Sofia Sitterson and Madison Venezia. Advice was also provided on data privacy matters by London partner Gail Crawford and Washington, D.C. partner Jennifer Archie, with associate Alice Brunning; on compensation and benefits matters by New York partner Bradd Williamson, with associate Anne Bracaglia; on ESG matters by New York partner Betty Huber and London counsel Anne Mainwaring, with associate Catherine Willis; on insurance matters by New York partner Analisa Dillingham and London counsel Tim Scott; on sanctions matters by Washington, D.C. partner Andrew Galdes, with associate Eric Green; on tax matters by New York partner Elena Romanova and London partner Karl Mah, with associates Jacob Nagelberg, Aaron Bradley, and Ines Kilkelly; and on anti-corruption matters by associates Faiza Hasan and CJ Rydberg.