Ascot Group appoints Neil Mayer as Chief Executive Officer, High Net Worth Personal Lines. 10 Nov, 2026, 20:15 GMT Veteran insurance executive to lead Ascot's high net worth business within its new Consumer Solutions division NEW YORK, Nov. 10, 2026 /PRNewswire/ - Ascot Group Limited ("Ascot"), a global specialty (re)insurance company, today announced that Neil Mayer has been appointed Chief Executive Officer, High Net Worth Personal Lines and a member of the company's Group Executive Committee. He will join Ascot in January 2027. In this newly created role, Neil will lead the formation, launch and growth of Ascot's high net worth personal lines business as the company builds out a suite of insurance offerings for affluent and ultra-affluent households. He will be responsible for its strategy, underwriting performance, operations and distribution. Neil will report to Christopher Flatt, President, Consumer Solutions. "As we build the broader Ascot Consumer Solutions franchise, our initial focus on the High Net Worth Personal Lines segment presents a significant opportunity to extend our underwriting and specialty risk expertise to a new group of clients and enter the market with a clear strategy and a state-of-the-art underwriting platform," said Christopher Flatt. "I have known Neil for nearly twenty years. He brings deep operational and strategic leadership and a track record of building and scaling businesses. Working closely together, we will create thoughtful, tailored solutions for affluent households and a best-in-class, high-touch experience for clients and distribution partners. This is a critical early step toward realizing our long-term vision for our consumer business and furthers our mission to be a perfect partner for a less-than-perfect world." Neil joins Ascot from Marsh Re, where he most recently served as Global Chief Operating Officer. In that role, he oversaw Client Support Services, Digital Enablement, Data Strategy and Central Operations, while also leading the firm's AI strategy, and was a member of the Marsh Re Executive Committee. Previously, Neil served as Chief Operating Officer, North America, with responsibility for operations, strategy and broker support across the U.S. and Canada. He also served as Global Head of Strategy & Transformation, working closely with the Executive Committee to define and implement the firm's strategic direction. Earlier in his career, he was a senior member of the Marsh M&A/Corporate Development team and, before joining Marsh in 2010, worked at PricewaterhouseCoopers. About Ascot Group Limited Ascot is a leading global specialty insurance and reinsurance group offering property and casualty solutions to clients, with a 25-year track record of consistency and stability and $16 billion in total assets at March 31, 2026. The company operates through an ecosystem of interconnected global platforms in offices across the United States, Bermuda and London, bound by a common mission to be a perfect partner for a less-than-perfect world. Affiliates within the Ascot Group are rated A (Excellent) by A.M. Best Company, A+ by Fitch Ratings Inc. and A by S&P Ratings. Visit www.ascotgroup.com or follow the company on LinkedIn to learn more about its products and people.

AM Best has assigned Ascot Insurance Guernsey Limited a Financial Strength Rating (FSR) of A (Excellent) and a Long-Term Issuer Credit Rating of "a+" (Excellent), with a stable outlook. The Guernsey company is a 100% reinsured subsidiary of Ascot Bermuda Limited. The rating agency also affirmed the A and "a+" ratings of Ascot Bermuda and members of Ascot Insurance US Group. It affirmed a "bbb+" (Good) rating on Ascot Group Limited's $400 million 2030 notes and $350 million 2035 notes. AM Best cited Ascot's very strong balance sheet, adequate operating performance, and support from its parent, Canada Pension Plan Investment Board. Ascot reported gross written premiums of $5.2 billion in 2025, and its five-year weighted average combined ratio was 97.7%.

Ascot reorganizes underwriting businesses, names division presidents. * by Gavin Souter Ascot Group on Tuesday announced a reorganization that will bring its global insurance and reinsurance underwriting operations into a newly created division and establish a separate consumer lines business. The specialty insurer and reinsurer named Elizabeth Johnson president of the new specialty insurance and reinsurance division and said former American International Group executive Christopher Flatt will join Ascot as president of its new consumer solutions division. Specialty insurance and reinsurance will encompass Ascot's global specialty, Bermuda specialty and third-party capital and alternative reinsurance business, and U.S. specialty businesses, Ascot said in a statement. Ms. Johnson, currently Ascot's group chief operating officer, will take up the new role Oct. 1. She joined Ascot in 2020 as chief underwriting officer, North America, and previously held senior roles at Nationwide and AIG. The consumer solutions division will offer coverage across consumer-focused classes, including "high-net-worth" personal lines, Ascot said. Mr. Flatt, who will join Ascot in early November, was most recently global chief underwriting officer at AIG. Ascot also named Mark Pepper president, global underwriting, effective Oct. 1, with responsibilities across the company's U.K., U.S. and Bermuda operations. Mr. Pepper, Ascot's group chief underwriting officer since 2009, will work with the company's segment CEOs on growth strategies, business development and coordination across the businesses, the statement said. Ms. Johnson, Mr. Flatt and Mr. Pepper will report to Ascot Group CEO and President Jonathan Zaffino. September 29, 2026