Ascot News

Ascot announces profit for 2013

Posted 2014-03-06

LONDON, 6 March 2014 - Ascot is pleased to announce its 2013 results. Read more

Ascot extends innovative relationship with Harlequins

Posted 2013-10-25

LONDON, 24 October 2013 - Ascot Underwriting has renewed and extended its business partner agreement with Harlequins. Read more

Ascot Appoints Lou Gehrig to Ascot Underwriting Inc.

Posted 2013-10-07

LONDON, 3 June 2013 – Ascot Underwriting Ltd. is pleased to announce the appointment of Lou Gehrig as Senior Vice President for Ascot Underwriting Inc. in New York. Read more

Ascot Appoints Travis Watson to Ascot Underwriting Inc.

Posted 2013-06-03

LONDON, 3 June 2013 – Ascot Underwriting Ltd. is pleased to announce the appointment of Travis Watson as an Underwriter for Ascot Underwriting Inc. in Houston. Read more

Ascot Appoints Paul Taylor to the Board

Posted 2013-04-15

LONDON,15 April 2013 – Ascot Underwriting Ltd. is pleased to announce the appointment of Paul Taylor as its new Independent Non-Executive Director and Chair of Ascot's Risk Committee. Read more

Ascot Announces 2012 Profit

Posted 2013-02-25

LONDON, 25 February 2013 – Ascot Underwriting Ltd. is pleased to announce its 2012 results. The year closed with a pre-tax profit of £93.3m and a combined ratio of 81.0%. Read more

Ascot Appoints John Pilkington as Head of Casualty

Posted 2013-01-09

LONDON, 9 January 2013 – Ascot Underwriting Ltd. is pleased to announce the appointment of John Pilkington as Head of Casualty, subject to regulatory approval. Read more

Former Harlequins Captain Will Skinner Commences Internship with Ascot

Posted 2012-10-18

LONDON, 18 October 2012 – Ascot Underwriting is supporting former Harlequins captain Will Skinner with an internship as part of the club's Player Development Programme. Read more

Ascot becomes Official Sponsor of Harlequins' Debenture Lounge

Posted 2012-10-18

LONDON, 18 October 2012 – Harlequins announced today a commercial partnership with Ascot Underwriting who will be the club's official Debenture Lounge Sponsor. Read more

Ascot Appoints Jon Gilliott as Head of Underwriting in Singapore

Posted 2012-05-16

LONDON, 15 May 2012 Ascot Underwriting Ltd. is pleased to announce the appointment of Jon Gilliott as Head of Underwriting for Ascot Asia in Singapore. Read more

Ascot Posts Small Loss

Posted 2012-03-27

Ascot Underwriting Ltd. has closed 2011 with a combined ratio of 104.7% and a loss of £12.6m Read more

Ascot forms Underwriting Consortium for Power Generation

Posted 2012-01-04

Ascot Underwriting Ltd. is pleased to announce that it has formed the Strategic Power Consortium, a dedicated technical underwriting vehicle for the power and utilities industry. Read more

Ascot Appoints Dawnmarie Black as Senior Vice President for AUI

Posted 2011-11-15

Ascot Underwriting is pleased to announce the appointment of Dawnmarie Black as Senior Vice President of Ascot Underwriting Inc. in Hartford starting 1st December. Read more

Ascot Appoints Charlie Cantlay as Executive Director

Posted 2011-09-09

Ascot Underwriting is pleased to announce the appointment of Charlie Cantlay to its Board as Executive Director starting 3rd October. Read more

Ascot Increases 2011 Capacity

Posted 2011-06-27

Ascot Underwriting is pleased to announce that it has increased its capacity from £600m to £650m to support its 2011 business plan. Read more

Ascot appoints John Karns to Ascot Underwriting Inc.

Posted 2011-06-13

Ascot Underwriting Ltd. is pleased to announce the appointment of John Karns as an Underwriter for Ascot Underwriting Inc. Read more

Ascot announces new Board appointments

Posted 2011-04-27

Ascot is pleased to announce the appointment of two new Executive Directors, Yvonne Keyes and Mark Smith, and one new Non-Executive Director, James Shea, all of whom joined the Board of Ascot Underwriting Limited this month. Read more

Ascot appoints Mark Johnson to Natural Resources Team

Posted 2011-03-30

Ascot Underwriting Ltd. is pleased to announce the appointment of Mark Johnson as an Underwriter within our Natural Resources team. Read more

Ascot announces 2010 Lloyd's GAAP Results

Posted 2011-03-28

Ascot Underwriting is pleased to announce its 2010 Lloyd's GAAP results. Read more

Ascot's 2011 Capacity Approved by Lloyd's

Posted 2010-10-19

Ascot Underwriting is pleased to announce that Lloyd's has approved its 2011 capacity of £600m. Read more

Inter Hannover and Ascot form Underwriting Alliance for Power Generation

Posted 2010-06-29

Inter Hannover and Ascot Underwriting are pleased to announce that they have formed a dedicated technical underwriting vehicle for the power and utilities industry. Read more

Ascot appoints Paul Simpson

Posted 2010-02-17

Ascot is pleased to announce the appointment of Paul Simpson to head up our Liability account. Read more

Ascot launches commercial motor line

Posted 2010-02-04

Ascot is pleased to announce the launch of a new line of business: commercial motor. Read more

Triple win at Reactions Awards

Posted 2009-07-01

Ascot takes home three Reactions Magazine London Market Awards. Read more

Ascot senior staff appointments

Posted 2009-06-26

Ascot Underwriting is pleased to announce the following appointments to its senior staff. Read more

Chicago & Hartford Offices Open for Business

Posted 2009-06-01

Ascot Underwriting Ltd. is pleased to announce that its new offices in Chicago, IL and Hartford, CT are now writing business. Read more

Ascot Appoints Mike O'Connor

Posted 2009-06-01

Ascot Underwriting is pleased to announce the appointment of Mike O'Connor to lead our Terrorism and Political Violence team. Read more

Ascot Drives Growth Through US Expansion

Posted 2009-04-20

Ascot Underwriting Ltd. today announced its further expansion in the US with the opening of underwriting offices in Chicago, IL and Hartford, CT, subject to regulatory approval. Read more

Ascot Announces 2006 Results

Posted 2009-03-23

Ascot Underwriting is pleased to announce its results for the 2006 year of account. Read more

Ascot Increases Funds at Lloyd's

Posted 2009-03-09

Ascot Underwriting is pleased to announce that it has deposited an additional $100m at Lloyd's to support its 2009 business plan. These funds address the foreign exchange movements over the past several months and give Ascot the ability to expand in 2009. Read more

Ascot Expands Houston Office

Posted 2009-01-20

Ascot Underwriting is expanding its Houston office following 2008's hurricane activity. Read more

Ascot funds lodged at Lloyd's

Posted 2008-11-19

Ascot Underwriting is pleased to announce that AIG has lodged the funds at Lloyd's to support our 2009 business plan. Read more

Reassurance on Ascot's Ratings & Security

Posted 2008-10-23

Explanation of Ascot's ratings and security through Lloyd's. Read more

Ascot appoints Andrew Brooks to CEO

Posted 2008-10-16

Andrew Brooks, currently Chief Underwriting Officer of Ascot Underwriting, has been named Chief Executive Officer, effective immediately. Read more

Ascot to remain with AIG

Posted 2008-10-03

After the recent speculation about the future of Ascot Underwriting we are pleased to announce that AIG has confirmed its commitment to our company. Read more

Reassurance on recent developments with AIG

Posted 2008-09-17

In addition to the recent arrangement between AIG and the Federal Reserve Bank of New York, Ascot Underwriting Limited (Ascot) would like to offer the following reassurance to our brokers, clients, and reinsurers. Read more

AIG acquires Ascot

Posted 2008-07-14

American International Group, Inc. (AIG) has acquired, through a subsidiary company, all of the outstanding shareholdings of Ascot Underwriting Holdings Ltd. (Ascot) not currently owned by AIG. Read more

Ascot announces new appointments

Posted 2008-02-12

Ascot Underwriting Ltd. is pleased to announce the following appointments to their Ascot Renewco, Ascot Asia, and Cargo teams. Read more

Ascot Renewco Strengthens Team

Posted 2007-10-05

Ascot Renewco Strengthens Team Ascot Underwriting is delighted to announce that Ascot Renewco has appointed Professor Leon Freris and Capt. Peter Hodgetts to its Management Board. Read more

Ascot Underwriting Ltd. announces the creation of Ascot Underwriting Inc.

Posted 2007-10-02

Ascot Underwriting Ltd. is delighted to announce the creation of Ascot Underwriting Inc., Ascot's wholly owned subsidiary in Houston, Texas. Read more

The new energy in underwriting

Posted 2007-07-04

Ascot Underwriting announces the creation of Ascot Renewco Underwriting, a new underwriting platform for renewable energy insurance. Read more

Ascot Underwriting makes key Singapore Appointments

Posted 2007-03-27

Ascot Underwriting has added expertise and experience to its new Ascot Asia operation in Singapore with key appointments. Read more

Ascot announces 13.5% capacity increase

Posted 2006-12-01

Ascot Underwriting has announced plans to increase capacity on Syndicate 1414 from £550 million this year to £625 million in 2007 - a rise of just over 13.5%. Read more

Sir Richard Dearlove named as new Chairman of Ascot Underwriting

Posted 2006-11-22

Former MI6 Head Sir Richard Dearlove named as new Chairman of Ascot Underwriting Read more