Ascot Announces Upgraded S&P Global Ratings and A Rating for Core Operating Entity

"We are very pleased with the S&P ratings upgrade. It is a considerable milestone and a strong testament to the successful execution of our strategic plans as we continue to grow a profitable, world-class global specialty company," said Jonathan Zaffino, Ascot Group CEO and President. "We believe this upgrade reflects our disciplined underwriting and portfolio management, and the financial strength and stability Ascot has built to successfully pursue our mission to be a perfect partner for a less-than-perfect world."

"We are very pleased with the S&P ratings upgrade. It is a considerable milestone and a strong testament to the successful execution of our strategic plans as we continue to grow a profitable, world-class global specialty company," said Jonathan Zaffino, Ascot Group CEO and President. "We believe this upgrade reflects our disciplined underwriting and portfolio management, and the financial strength and stability Ascot has built to successfully pursue our mission to be a perfect partner for a less-than-perfect world."

About Ascot Group
Ascot is a leading global specialty insurance and reinsurance group offering property and casualty solutions to clients, with a nearly 25-year track record of consistency and stability and $12 billion in total assets at year-end 2024. 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 and A+ by Fitch Ratings Inc.

Visit www.ascotgroup.com or follow the company on LinkedIn to learn more about its products and people.

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