{"id":1341,"date":"2024-08-23T07:00:09","date_gmt":"2024-08-23T07:00:09","guid":{"rendered":"https:\/\/calebdewey.com\/?p=1341"},"modified":"2024-08-24T05:14:48","modified_gmt":"2024-08-24T05:14:48","slug":"ascot-launches-leadline-capital-partners-to-support-expanded-third-party-capital-business","status":"publish","type":"post","link":"https:\/\/calebdewey.com\/index.php\/2024\/08\/23\/ascot-launches-leadline-capital-partners-to-support-expanded-third-party-capital-business\/","title":{"rendered":"Ascot launches Leadline Capital Partners to support expanded third-party capital business"},"content":{"rendered":"

Ascot, the Bermuda-domiciled global specialty insurer, has launched a unified capital management platform, Leadline Capital Partners, to support its expanded third-party capital business.<\/p>\n

\"ascot-logo\"Under the Leadline Capital platform, Ascot has strategically partnered with institutional investors to provide collateralized reinsurance for its global property portfolio through a Bermuda special purpose insurer.<\/p>\n

Ascot says that these developments represent an important evolution in its capital partnership business, building on the back of a four-year track record of strong returns, with to date ceded gross premiums above $225 million.<\/p>\n

Charles Craigs, Group Managing Principal for Third-Party Capital, Ascot, commented, “Through Leadline Capital PartnersTM, we are drawing on Ascot\u2019s heritage of excellent underwriting and creative risk solutions to provide attractive and innovative offerings to third-party capital. We are very pleased to announce the latest collaboration as we expand this business.”<\/p>\n

Justin Keith, Bermuda Limited President and Chief Executive Officer, Ascot, added: “We look forward to the continued expansion of our alternative capital business under Leadline Capital Partners\u2122.<\/p>\n

“This business represents the best of all worlds for Ascot and its stakeholders: incremental capacity delivered to our insured and reinsured clients, an attractive risk-adjusted return profile to a leading capital partner, and the continued opportunity for the company to deliver its world-class capabilities to both clients and investors.”<\/p>\n

Aon Securities LLC acted as the sole structuring agent and placement agent for the capital partnership transaction, Willkie Farr & Gallagher LLP provided principal legal counsel.<\/p>\n

The post Ascot launches Leadline Capital Partners to support expanded third-party capital business<\/a> appeared first on ReinsuranceNe.ws<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Ascot, the Bermuda-domiciled global specialty insurer, has launched a unified capital management platform, Leadline Capital Partners, to support its expanded third-party capital business. Under the Leadline Capital platform, Ascot has strategically partnered with institutional investors to provide collateralized reinsurance for its global property portfolio through a Bermuda special purpose insurer. Ascot says that these developments […]<\/p>\n","protected":false},"author":1,"featured_media":1343,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[10],"tags":[],"_links":{"self":[{"href":"https:\/\/calebdewey.com\/index.php\/wp-json\/wp\/v2\/posts\/1341"}],"collection":[{"href":"https:\/\/calebdewey.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/calebdewey.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/calebdewey.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/calebdewey.com\/index.php\/wp-json\/wp\/v2\/comments?post=1341"}],"version-history":[{"count":2,"href":"https:\/\/calebdewey.com\/index.php\/wp-json\/wp\/v2\/posts\/1341\/revisions"}],"predecessor-version":[{"id":1344,"href":"https:\/\/calebdewey.com\/index.php\/wp-json\/wp\/v2\/posts\/1341\/revisions\/1344"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/calebdewey.com\/index.php\/wp-json\/wp\/v2\/media\/1343"}],"wp:attachment":[{"href":"https:\/\/calebdewey.com\/index.php\/wp-json\/wp\/v2\/media?parent=1341"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/calebdewey.com\/index.php\/wp-json\/wp\/v2\/categories?post=1341"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/calebdewey.com\/index.php\/wp-json\/wp\/v2\/tags?post=1341"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}