All Ascot articles – Page 3
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News
Ethos hires Legge from RT to grow strategic capital relationships
Ascot Group has hired Jonathan Legge from wholesale giant RT Specialty as executive vice president for strategic operations at its Ethos Specialty platform as it looks to deliver the most efficient capital to the MGU and its clients, The Insurer can reveal.
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News
AM Best move validates Ethos Specialty’s “virtual insurer” model: Zaffino
In an interview with this publication, Ascot group president Jonathan Zaffino said that AM Best’s move to initiate performance assessments for delegated underwriting authority enterprises (DUAEs) validates the group’s efforts in the expansive build out of its MGU Ethos Specialty.
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News
Ascot, insurtech Parsyl and Munich Re partner on $75mn Aon Covid-19 cargo facility
Aon has launched a cargo insurance policy that provides up to $75mn of coverage for the transportation and shipment of Covid-19 vaccines in partnership with insurtech Parsyl and a host of carriers.
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Analysis
Probitas, Lancashire, Ascot, Aegis and Ark lead Lloyd’s 2020 top performers
Lloyd’s insurers Probitas , Lancashire , Ascot , Aegis and Ark , together with perennial outperformer Chaucer nuclear Syndicate 1176, head the league table of the best-performing syndicates in 2020, analysis by The Insurer shows.
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News
Thompson takes Ascot Bermuda CEO role as Berger steps down
John Berger is retiring from his position as CEO of Ascot’s Bermuda platform at the beginning of March, with Ian Thompson stepping into the role.
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News
Ascot US launches private and non-profit primary D&O offering
Ascot US has launched a new primary D O insurance offering written by a trio of underwriting executives hired from RSUI as it continues to build out its management liability and financial institutions portfolio under divisional head Ryan Becker, The Insurer can reveal.
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News
Ascot’s Brooks: Rate increase targets to miss plan amid “underwhelming” pricing
Ascot Group CEO Andrew Brooks has revealed the group is not going to achieve the rate increases targeted in its Q1 business plan amid an “underwhelming” reinsurance pricing environment.
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News
Ascot Bermuda names RenRe’s LaHuta as head of claims
Ascot has hired Joy LaHuta as senior vice president and head of claims in Bermuda.
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News
Ascot Bermuda leads reinsurance of Stable collateralised insurer launch
Ascot Bermuda is leading the reinsurance panel for a new collateralised insurer launched in Bermuda to protect food and farming businesses from volatile commodity prices.
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News
Ascot takes Kramer from Arch as US insurance CEO
Ascot has hired Matthew Kramer from Arch as CEO of its expansive US insurance platform as it continues to build out its senior management ranks, The Insurer can reveal.
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News
Ascot names Axa XL’s Kerrigan as group CIO
Ascot has appointed Michael Kerrigan as group chief information officer (CIO), with the executive joining from Axa XL.
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News
Ascot hires ProSight's Sipos as North America general counsel
Ascot has appointed Jeff Sipos as general counsel and secretary for North America.
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News
Ascot in $400mn debt issue to fuel growth opportunities
Ascot Group Limited has priced an offering of $400mn of senior notes as the CPPIB-backed (re)insurer targets growth in all of its main markets.
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News
Topsail Re adds Ascot’s Green as general counsel and head of claims
Topsail Re has made another hire to its growing team with the arrival of Brian Green as general counsel and head of claims, The Insurer has learned.
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News
Ascot brings in Greggains as Ethos CEO as Cline gets exec UW role
Ascot has continued to build out its senior ranks with the appointment of Nick Greggains as CEO of its MGU platform Ethos Specialty, with his predecessor Rory Cline taking the new position of executive underwriting officer across the company’s expansive North America business.
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News
Ascot names S&P’s Guijarro US risk officer as hiring spree continues
Ascot has appointed Steve Guijarro as US chief risk officer and group head of exposure management, with the new recruit joining from S P Ratings.
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News
Ascot makes chief commercial officer and North America CUO hires
Ascot has appointed Andy Stirk as chief commercial officer and Elizabeth Johnson as North America chief underwriting officer, with the new hires joining from Marsh and Nationwide, respectively, The Insurer can reveal.
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News
Ascot’s Zaffino looks to scale up North America platforms
Ascot group president Jonathan Zaffino is looking to build out a technology focused “modern-era” (re)insurer as he aims to rapidly scale the company’s North American platforms in the current market environment, The Insurer can reveal.
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News
Ascot looks to expand sidecar and Bermuda reinsurance platform for 1.1
Ascot is set to fundraise for its Canro Re sidecar vehicle and selectively expand its Bermudian reinsurance operations for what it sees as attractive underwriting opportunities, The ReInsurer can reveal.
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Viewpoint
Streaming now on The ReInsurer TV!
As part of our REinsurance Month coverage we are conducting a series of video interviews to get the views of industry leaders on the latest topics and trends in the lead-up to the 1 January renewal.