Reinsurance News
Ascot
AM Best assigns credit rating to Ascot Insurance Guernsey
30th October 2026
AM Best has assigned Ascot Insurance Guernsey Limited (Guernsey), a wholly reinsured subsidiary of Ascot Bermuda Limited (Ascot Bermuda) (Bermuda), a Financial Strength Rating (FSR) of A (Excellent) and a Long-Term Issuer Credit Rating (Long-Term ICR) of “a+” (Excellent), with a stable outlook for these ratings. At the same time, AM ... Read the full article
Ascot strengthens leadership team with three executive appointments
29th September 2026
Ascot Group Limited, a global specialty re/insurance company, has appointed Mark Pepper as President, Global Underwriting, Elizabeth Johnson as President, Specialty Insurance and Reinsurance, and Christopher Flatt as President of Consumer Solutions. These appointments are designed to advance the carrier's strategy and position Ascot for its next phase of growth. Both Pepper ... Read the full article
Ascot bolsters US senior leadership team
11th September 2026
Global specialty re/insurance company Ascot Group has bolstered its US Regional Executive Leadership team, expanded the North America Distribution role, and consolidated seven US business segments into five product verticals. Together, these changes aim to align underwriting expertise and regional leadership more closely around the exposures, geographies, and client segments Ascot ... Read the full article
Ascot names O’Flynn EVP, Casualty Facultative Hybrids/Automatics
19th August 2026
Global specialty re/insurance company Ascot Group has announced the appointment of Ann Marie G. O'Flynn as Executive Vice President, Casualty Facultative Hybrids/Automatics. O'Flynn is a highly accomplished reinsurance leader with over 25 years of experience in casualty and professional lines underwriting, business development, account management, and client engagement. The executive ... Read the full article
Ascot names James Lee as President of Leadline Capital Partners
24th July 2026
Global specialty re/insurance company Ascot Group Limited has appointed James Lee as President of Leadline Capital Partners, Ascot’s dedicated third-party capital management platform launched in August 2024. Lee has over two decades of expertise in capital markets and insurance-linked securities (ILS), specialising in the origination, structuring and placement of risk ... Read the full article
Kristyn Smallcombe named CUO of Ascot U.S.
23rd April 2026
Ascot, a global specialty insurance and reinsurance group, has announced the appointment of Kristyn Smallcombe as Chief Underwriting Officer (CUO), Ascot U.S. In her new role, Smallcombe will be responsible for shaping and executing Ascot’s U.S. underwriting strategy, focusing on profitability, growth, and diversification across the insurance platform. She will report to ... Read the full article
Ascot names Ian Lowe as Head of Bermuda Property Treaty
7th April 2026
Ascot, a global specialty insurance and reinsurance group, has appointed Ian Lowe as Head of Bermuda Property Treaty. In his new role, Lowe succeeds Simon Kimberley, who has resigned to pursue other opportunities. He will report to Marc Amen, Chief Executive Officer (CEO) of North America and Interim CEO of Ascot ... Read the full article
Ascot appoints Shanelle Burke as US Chief Financial Officer
13th March 2026
Ascot, a global specialty insurance and reinsurance group, has announced the appointment of Shanelle Burke as U.S. Chief Financial Officer. In her new role, Burke will join Ascot’s U.S. leadership team, overseeing finance operations, strategy, capital management, regulatory engagement, and enterprise decision support. She brings more than two decades of insurance industry ... Read the full article
Ascot introduces “Ascot Guard” global security insurance solution
5th March 2026
Ascot, a specialty insurance and reinsurance provider, has introduced Ascot Guard, a worldwide security insurance solution created to provide broad protection for organisations and private individuals operating at home, internationally, and in high-risk or complex settings. Ascot Guard is tailored to serve a diverse client base across sectors such as Energy ... Read the full article
Ascot adds Walch-Watson and Gallagher to Board of Directors
27th February 2026
Ascot Group Limited, a global specialty insurance company based in Bermuda, has announced the appointment of Patrice Walch-Watson and Christopher Gallagher to its Board of Directors. Kewsong Lee, Chairman of the Board of Ascot Group Limited, commented on the appointments: "Patrice and Chris are exceptional executives whose combined leadership, insights, and ... Read the full article
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
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