ASCOT GROUP OVERVIEW

About us

Ascot Group is a Bermuda domiciled specialty insurance and reinsurance business founded in 2001 with four operating divisions:  Ascot Underwriting, the Managing Agency for Syndicate 1414 at Lloyd’s; Ascot Bermuda, which writes excess insurance and reinsurance as well as managing the Group’s alternative capital vehicles; Ascot U.S., a specialty insurance provider to middle market customers through retail and wholesale brokers in the United States, and; Ethos Specialty, a New York headquartered Managing General Underwriter (MGU) which provides underwriting and insurance services to third parties.

Ascot Group is owned by Canada Pension Plan Investment Board (CPPIB), the largest pension plan in Canada with over C$400 billion in invested assets and representing the retirement contributions of over 20 million Canadians. CPPIB and is rated ‘AAA’ by S&P and Moody’s.

 

 

Our Values

Our culture of collaboration, dedication, empowerment and accountability is the fabric of our company.

Our leadership is epitomized by our people and our underwriting approach.

Our integrity is reinforced by our track record and dedication to our clients, brokers and partners.

 

Our Strategic Enablers

We mentor our people to embrace an entrepreneurial spirit and develop strong leadership qualities.

We are committed to enhancing our underwriting, product innovation and operational efficiencies by continually investing in technology and analytics.

We have access to substantial long-term financial capital to fund strategic growth through CPPIB.

CANADA PENSION PLAN INVESTMENT BOARD

 

 

ABOUT CPP INVESTMENT BOARD (CPPIB)

CPPIB is a leading global professional investment management organization that invests funds
transferred from the Canada Pension Plan (CPP) that are not currently needed to pay benefits. Our
critical purpose is to help provide a foundation upon which 20 million contributors and beneficiaries
build their financial security in retirement.

Through our investment departments (Private Equity. Real Assets, Credit Investments, Active
Equities, Capital Markets and Factor Investing and Total Portfolio Management) we invest globally in
public equities, private equities, real estate, infrastructure, and fixed income instruments, including
both private and public debt.

CPPIB is headquartered in Toronto, with investment offices in key markets in the Americas, Europe
and Asia- Pacific. We actively foster a culture of intellectual rigour, discipline, integrity and high
performance.

CPPIB seeks to become a trusted partner in priority markets, able to source and participate in
opportunities that require local presence, talent and a reputation as a professional investment
organization.

 

At March 31, 2019, the CPP Funds has net assets of C$392.0 billion, making it Canada’s largest single-purpose pension fund and ranking amongst the 10 largest retirement funds in the world today.

$392.0 BILLION   CPP Fund net assets
$545 BILLION   Projected CPP Fund assets by 2025
$1,539 BILLION   Projected CPP Fund assets by 2040
11.1%  10 – year annualized rate of return (net nominal)

*Projections of the CPP Fund, being the combined assets of the base and additional CPP accounts, are based on nominal projections from the 27th and 28th Actuarial Reports on the Canada Pension Plan as at December 31. These figures have been rounded.