Reinsurance News
Ascot
Justin Keith to lead expansion of Ascot’s US treaty reinsurance offerings
8th January 2026
Global specialty insurer and reinsurer Ascot has appointed Justin Keith, current Chief Executive Officer (CEO) of Ascot Bermuda Limited, to lead the expansion of the firm's treaty reinsurance offerings in the US market. To serve in his new role, Keith will relocate to the US later this year. This leadership transition ... Read the full article
Ascot hires RenRe’s Ashleigh Edwards to lead Ceded Re strategy
5th January 2026
Ascot Group has appointed Ashleigh Edwards as Group Head of Ceded Reinsurance, where she will lead the firm’s global ceded re strategy, covering its structures, placement approaches, and business lines. Edwards joins Ascot from RenaissanceRe, where she spent more than six years, most recently as SVP, Global Head of Casualty Reinsurance. She ... Read the full article
Ascot launches new US yacht product
29th October 2025
Global specialty insurer and reinsurer Ascot has expanded its specialty marine offering with the launch of its new US yacht product, Ascot Admiralty Reserve. This new product has been built to offer comprehensive, bespoke coverage for fully captained and crewed vessels valued at or over $5 million. “Our new product has been ... Read the full article
Mark Pepper: Ascot will prioritise client selection and cat retentions in 2026 renewals
10th September 2025
In a recent Reinsurance News interview at the Monte Carlo Rendez-Vous conference, Mark Pepper, Group Chief Underwriting Officer at Ascot, the specialty re/insurance group, shared his perspective on the upcoming January 1 renewals. As Pepper explained, Ascot will continue to focus on client selection as the renewal season approaches. "It is ... Read the full article
Stephen O’Flynn named SVP, Underwriter on Ascot Re’s Casualty Treaty team
4th September 2025
Global specialty insurer and reinsurer Ascot Group has announced the appointment of Stephen O'Flynn as Senior Vice President, Underwriter on the Ascot Re Casualty Treaty team in Bermuda. In this role, O'Flynn will report to Sean Ramlal, Head of Casualty and Professional Underwriting at Ascot Re. O'Flynn brings 30 years of industry ... Read the full article
Ascot & Antares Capital to launch Bermuda-based reinsurance sidecar, Wayfare Re
31st July 2025
Global specialty re/insurance firm Ascot Group Limited and alternative credit manager Antares Capital have partnered to launch Wayfare Reinsurance Limited, a Bermuda-based reinsurance sidecar, together with Canro Re Limited, a Bermuda-based segregated account company (collectively Wayfare Re). Wayfare Re will be capitalised with about $500 million in equity from Antares and ... Read the full article
Ascot & Antares Capital reportedly partnering on $500m reinsurance sidecar Wayfare Re
31st July 2025
Insurer and reinsurer Ascot Group is reportedly partnering with Antares Capital, a private-credit firm, on a $500 million transaction to create a Bermuda-based reinsurance sidecar called Wayfare Reinsurance, according to a report by The Wall Street Journal. It's been reported that the new reinsurance sidecar will be capitalised via equity investments ... Read the full article
Ascot appoints CNA’s Steven Goldman as Global Head of Distribution
25th June 2025
Global specialty re/insurer Ascot Group has announced the appointment of Steven Goldman as Global Head of Distribution, a newly created role, effective July 7, 2025. Based in Stamford, CT., Goldman has been tasked with developing, leading and executing Ascot's global distribution strategy, as well as supporting the company's mission “to be ... Read the full article
Ascot adds Rosalind Brewer, Martin Flanagan, and Robert Sewell to Board
19th June 2025
Bermuda-domiciled global specialty re/insurer Ascot Group has appointed Rosalind Brewer, Martin Flanagan, and Robert Sewell to its Board of Directors, pending regulatory approval. These strategic appointments align with the company’s long-term goal to strengthen its leadership. Since June 2024, Sewell has served as the Chairman of the Board of Ascot Underwriting Limited ... Read the full article
Ascot raises ~$350m via senior notes
14th May 2025
Bermuda-domiciled global specialty re/insurer Ascot Group has priced the offering of $350 million aggregate principal amount of 6.349% fixed-rate reset senior notes due in 2035, as the carrier looks to be more financially flexible. The senior notes have a 10-year maturity and are rated investment grade, including BBB- by S&P Global ... Read the full article
Ascot appoints RenRe’s Marc Amen as CEO, North America
9th April 2025
Bermuda-domiciled global specialty re/insurer Ascot Group has appointed Marc Amen as Chief Executive Officer (CEO) North America, effective later this year, after he completes his current obligations. In the new role, Amen will be responsible for all operating facets of Ascot U.S. and Ascot Bermuda insurance and reinsurance companies. Additionally, he will ... Read the full article
McKeon to head Ascot’s US Middle Market Loss Sensitive Casualty
9th April 2025
Ascot, a Bermuda-domiciled global specialty insurer, has appointed Christopher McKeon to lead the company’s new U.S. Middle Market Loss Sensitive Casualty segment. Reporting to David Zimmerman, Executive Vice President, Primary Casualty, McKeon will be managing the development of strategic and tactical initiatives to drive a profitable loss sensitive Middle Market Primary ... Read the full article
Ascot appoints Xu Cheng as Group Head of Data Strategy & Insights
3rd April 2025
Bermuda-based global specialty insurer Ascot Group has announced the appointment of Xu Cheng as Group Head of Data Strategy & Insights. In her new role, Cheng will lead and build Ascot’s Group Data Office, overseeing the development and implementation of a global data governance framework, managing data initiatives, and collaborating with ... Read the full article
Ascot Group appoints Edel Chatterton as Chief Financial Officer, UK
27th March 2025
Bermuda-based global specialty insurer Ascot Group has announced the appointment of Edel Chatterton as Chief Financial Officer, Ascot U.K. and Ascot Underwriting Limited (AUL). In this role, Chatterton will oversee Ascot U.K.'s finance organisation and capital strategy, including financial planning and analysis, tax, and treasury functions. She brings 20 years of industry ... Read the full article
Ascot announces key promotions in UK Claims
4th February 2025
Ascot, a Bermuda-domiciled global specialty insurer, has announced the promotion of James Short to Chief Claims Officer, UK, and Christine Neale as Head of Claims Operations, UK. In his new role, Short will be responsible for the Syndicate Claims function, including claims disputes and the oversight and control of all outsourced ... Read the full article
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