Reinsurance News
Ascot
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
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
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