ENERGY EXPLORATION & PRODUCTION

From our office in Houston, Ascot can offer direct access to Lloyd’s capacity through Ascot Underwriting Inc. (AUI), a coverholder owned 100% by Ascot Group.

Formed in 2001, Ascot is one of the best performing syndicates which is highly respected in the Lloyd’s market. Many of our underwriters are recognized as leaders within their class, demonstrated by the high proportion of business which Ascot is a lead market for.

CoverageAscot offers specialist coverage for exploration and production in the global energy industry. We recognize the many nuances of this coverage and the need for them to be tailored around the requirements of specific operations. Writing directly on behalf of Lloyd’s Syndicate 1414, we can offer genuinely tailored policies for specific E&P needs.

Range of clients:We write across the spectrum including small, independent exploration, production service companies all the way up to large multinational companies.

Key areas of expertise: • Offshore/Onshore• Contractors

Product Range: • Physical Damage/Oil Lease Property • Business Interruption / Loss of Production• Control of Well • Third Party Liabilities • Terrorism Types of coverage:100% coverage | quota-share | lead or follow lines depending on the individual risk

Line Size:Maximum capacity per occurrence of: $75mn

Ascot also has admitted and domestic surplus lines capabilities with policies written by Ascot Insurance Company and Ascot Specialty Insurance Company respectively. A.M. Best has assigned each of these platforms a Financial Strength Rating of A (Excellent) and a Long-Term Credit Rating of ‘A’ with a Financial Size Category of Class XIV ($1.5 Billion to $2 Billion). The outlook of these Credit Ratings is stable. Contacts:

John Karns john.karns@ascotgroup.com

John Flower john.flower@ascotgroup.com

Ascot Insurance Group, 825 Town & Country Lane, Suite 500 Houston, TX 77024 t: +1 713 355 4333

Ascot Group is ownedby the 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 is rated ‘AAA’ by S&P and Moody’s.

ascotgroup.com

SecurityAll policies are written on behalf of Syndicate 1414 at Lloyd’s of London. Policies benefit from the credit ratings assigned to Lloyd’s which include:

STANDARD & POOR’SA+ (Strong)

AA- (Very Strong)