Reinsurance News

Ascot

Ascot creates new U.S marine insurance team, names head

13th July 2018

Ascot Group, a Bermuda headquartered insurance and reinsurance firm, has launched a new U.S marine insurance division and appointed Chris Piazza to lead it. As Executive Vice President (EVP) and Head of U.S Marine Insurance, Piazza will lead all aspects of Ascot’s U.S marine insurance business, supported by new hires Tom ... Read the full article

Ascot acquiring Greyhawk Insurance entities for U.S. market expansion

22nd May 2018

Ascot Group Limited, a Bermuda headquartered insurance and reinsurance firm, is to acquire two U.S. insurance entities from Greyhawk Insurance as it looks to expand its access to the U.S. insurance market. Ascot is acquiring the two insurance entities through a U.S. subsidiary, Ascot US Holding Corporation which will acquire both ... Read the full article

Ascot Group launches Ascot Re with $1 billion seed capital

27th November 2017

Ascot Group has launched reinsurance division Ascot Re, with a $1 billion seed capital injection, after receiving approval from the Bermuda Monetary Authority (BMA). The reinsurer has an "A" rating by A.M. Best reflecting the strength of its $1 billion capital base, Ascot's performance, and its access to long-term funding through ... Read the full article

Ascot creates Ethos MGA, names CEO & COO

22nd August 2017

Ascot Group Limited has announced the establishment of Ethos Specialty Insurance Services, LLC, a new, standalone managing general agent (MGA) that supports its property and casualty re/insurance platform expansion. Ethos Specialty Insurance Services, LLC, will operate under Ascot Group Limited as a separate entity to Ascot Underwriting Ltd. and Ascot Underwriting Bermuda ... Read the full article

Ascot appoints former AIG executive to Head of Global Strategy

28th July 2017

Ascot has named former AIG executive Greg Wolyniec as new Head of Global Strategy - set to lead strategic and investment initiatives as part of the firm's Executive Committee, the appointment takes effect from 31st July. Andrew Brooks, Chief Executive Officer of Ascot, said; “we are delighted to have Greg join Ascot ... Read the full article

RenRe co-founder Currie appointed to Executive Chairman of Ascot Group

28th June 2017

Bermuda-based Ascot Group Limited (AGL) has announced Neill Currie's appointment to Executive Chairman, with effect from 21st June. In his role as Executive Chairman, Currie will work with AGL’s management and board of directors to grow its operations and capabilities. Prior to his appointment, Currie was co-founder and CEO of RenaissanceRe Holdings ... Read the full article