Ascot appoints John Karns to Ascot Underwriting Inc.

LONDON, 13 June 2011 - Ascot Underwriting Ltd. is pleased to announce the appointment of John Karns as an Underwriter for Ascot Underwriting Inc. in Houston. John, a Houston local, has 19 years of experience in the US Energy market, most recently as Assistant Vice President with Navigators Insurance Group, Inc. 

John Flower, President and Chief Underwriting Officer of Ascot Underwriting Inc. said, "I am delighted that John is joining our team. His wealth of experience in the local energy market will be invaluable in helping us build on our strong position in the US market." 

Andrew Brooks, Chief Executive of Ascot Underwriting Ltd. said, "John's appointment shows Ascot's continued commitment to expanding our US business and I am looking forward to him joining the company."