SEC FORM 4

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Boornazian Brian

(Last)

(First)

(Middle)

ASPEN INSURANCE HOLDINGS LIMITED

141 FRONT STREET

(Street)

HAMILTON

HM19

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
ASPEN INSURANCE HOLDINGS LTD [ AHL ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Chairman Aspen Re

3. Date of Earliest Transaction (Month/Day/Year)
02/15/2013

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Ordinary Shares	02/15/2013		M		7,868	A	$24.44	63,360	D
Ordinary Shares	02/15/2013		M		51,862	A	$23.65	115,222	D
Ordinary Shares	02/15/2013		M		45,593	A	$27.28	160,815	D
Ordinary Shares	02/15/2013		S		300	D	$35.55	160,515	D
Ordinary Shares	02/15/2013		S		1,200	D	$35.555	159,315	D
Ordinary Shares	02/15/2013		S		16,414	D	$35.56	142,901	D
Ordinary Shares	02/15/2013		S		100	D	$35.5605	142,801	D
Ordinary Shares	02/15/2013		S		200	D	$35.5625	142,601	D
Ordinary Shares	02/15/2013		S		700	D	$35.565	141,901	D
Ordinary Shares	02/15/2013		S		2,300	D	$35.57	139,601	D
Ordinary Shares	02/15/2013		S		100	D	$35.575	139,501	D
Ordinary Shares	02/15/2013		S		100	D	$35.58	139,401	D
Ordinary Shares	02/15/2013		S		18,694	D	$35.6	120,707	D
Ordinary Shares	02/15/2013		S		1,200	D	$35.6025	119,507	D
Ordinary Shares	02/15/2013		S		900	D	$35.605	118,607	D
Ordinary Shares	02/15/2013		S		2,900	D	$35.6083	115,707	D
Ordinary Shares	02/15/2013		S		3,006	D	$35.61	112,701	D
Ordinary Shares	02/15/2013		S		100	D	$35.6125	112,601	D
Ordinary Shares	02/15/2013		S		200	D	$35.614	112,401	D
Ordinary Shares	02/15/2013		S		800	D	$35.615	111,601	D
Ordinary Shares	02/15/2013		S		8,600	D	$35.62	103,001	D
Ordinary Shares	02/15/2013		S		300	D	$35.6217	102,701	D
Ordinary Shares	02/15/2013		S		500	D	$35.6225	102,201	D
Ordinary Shares	02/15/2013		S		1,400	D	$35.625	100,801	D
Ordinary Shares	02/15/2013		S		4,520	D	$35.63	96,281	D
Ordinary Shares	02/15/2013		S		100	D	$35.65	96,181	D
Ordinary Shares	02/15/2013		S		1,300	D	$35.7	94,881	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
2004 Options	$24.44	02/15/2013		M			7,868	02/22/2007	12/22/2014	Ordinary Shares	7,868	$0.00	0	D
2006 Options	$23.65	02/15/2013		M			51,862	02/26/2009	02/16/2016	Ordinary Shares	51,862	$0.00	0	D
2007 Options	$27.28	02/15/2013		M			45,593	05/04/2010	05/04/2014	Ordinary Shares	45,593	$0.00	0	D

Explanation of Responses:

Remarks:

	/s/ Patricia Roufca as Attorney-in-fact for Brian Boornazian	02/19/2013
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.