Ascot Launches Bermuda Reinsurer with US$ 1 Billion Infusion from CPPIB

Posted on 11/28/2017


Global specialty insurance underwriter Ascot Group Limited has announced that it has received approval from the Bermuda Monetary Authority to launch Ascot Reinsurance Company Limited (Ascot Re) as a Class 3B reinsurance company on the British island territory. The unit’s birthing was made possible by a US$ 1 billion infusion of capital from the Canada […]