Ascot’s entry into the casualty sidecar arena with Wayfare Re is a 10-year deal that it wants to evolve into a rolling three-year, “evergreen” arrangement, Mark Wilcox, group CFO at Ascot told Insurance Insider ILS.
The
Ascot aims to establish Wayfare Re as an 'evergreen' source of capital
The global specialty player is also exploring ILS offerings across specialty and cat bonds.