Opening of an ASCOT branch in Paris

A Paris branch of Lloyd's Ascot Syndicate, which was inaugurated in October, will be managed by Mr. Dominique Maurier (former AXA re). In Paris, Ascot which obtained an «A+» grade (superior) from A.M Best will underwrite treaties all over the world. The branch is located at 124, rue de la Boétie, 75 008 Paris.

Starting from December 1, 2004, Mr. Vincent Grailhon (former AXA Re) joins the ASCOT branch where he will be entrusted with treaty underwriting for southern Europe, the Middle East and Africa.