He added: "Ascot
's returns are invested for the benefit of horsemen, our racegoers and off-course followers - both in the UK and internationally - and commercial success for Ascot
will continue to directly benefit, and help attract that allimportant international investment and participation in, British racing.
We have studied the global property and casualty insurance sector for several years and specifically identified Ascot
as an ideal platform through which CPPIB can access diverse global insurance premiums at scale.
As part of the agreement, AIG, CPPIB, and Ascot
intend to expand a collective commercial relationship in Bermuda, and for AIG to be a preferred reinsurer to Syndicate 1414.
Nick Smith, Head of Communications and International Racing at Ascot
, said: "Many discussions took place with the British Horseracing Authority and European Pattern
Tracy Rose <Bshows off her outfit during Day Two of the 2014 Royal Ascot
Meeting at Ascot
I propose, in between races, Ascot
bigwigs should organise prizes for various competitions.
I would like to thank you for the welcome my family and I have always received at Royal Ascot
and to wish you all a most enjoyable day.
Singers Shirley Bassey and Bryan Ferry are handing out racing trophies this year although the honor of giving the prize to the winner of Thursday's Ascot
Gold Cup always goes to Britain's Queen Elizabeth.
is famous for its dress code in the Royal Enclosure.
Another Grand National-winning trainer, David Pipe, is also eyeing Royal Ascot
glory with his stayer Junior expected to bid for back-to-back victories in the Ascot
Stakes on the opening day of Royal Ascot
Lumby's appointment was one of three announced by Ascot
The highlight of the racing and social calendar relocated to York this year, due to a massive redevelopment of the Ascot