Africa Specialty Risks partners with Africa Re for Political Risk and Trade Credit

London, 21 November 2022 and Lagos, 21 November 2022: Africa Specialty Risks (“ASR”, the “Group”) and the African Reinsurance Corporation (“Africa Re’) are pleased to announce that they have entered into a partnership agreement on the provision of Political Risk and Trade Credit Insurance (“PRI & TC”) through an Underwriting Authority Agreement which brings in US$ 10 […]

Click to read more.

Africa Specialty Risks Group partners with The Société Centrale de Réassurance

London, 17 November 2022: Africa Specialty Risks (“ASR”, the “Group”), the pan-African focused (re)insurance group, is pleased to announce that ASR has entered into a partnership agreement with Société Centrale de Réassurance (“SCR”), the leading reinsurer in Morocco. ASR and SCR will be combining capacities to write multi-business line coverage across Africa and the Middle East, with […]

Click to read more.

Africa Specialty Risks obtains the status of Casablanca Finance City

London, 10 November 2022 – Africa Specialty Risks (“ASR”), the pan-African focused reinsurance group, is pleased to announce that it has been granted Casablanca Finance City (CFC) status by the country’s Minister of Economy and Finance. Morocco is one of ASR’s key markets and this further illustrates ASR’s commitment to the region, adding to the already established office […]

Click to read more.

AFRICA SPECIALTY RISKS CREDIT RATING AFFIRMED BY AM BEST

LONDON, 25 AUGUST 2022 – AFRICA SPECIALTY RISKS (“ASR”), THE PAN-AFRICAN FOCUSED REINSURANCE GROUP, IS PLEASED TO ANNOUNCETHAT AM BEST HAVE REAFFIRMED ASR RE LIMITED’S (ASR RE) (BERMUDA) FINANCIAL STRENGTH RATING OF “B++” (GOOD) AND ITS LONG-TERM ISSUER CREDIT RATING OF “BBB+” (GOOD).THE OUTLOOK OF THESE CREDIT RATINGS IS STABLE. AM Best has based the rating on ASR Re’s […]

Click to read more.

Africa Specialty Risks and Neema Insurance Managing Agency support SME businesses in Africa through Political Violence and Terrorism insurance

London, 21 June 2022 – Africa Specialty Risks (“ASR”), the pan-African focused reinsurance group, is pleased to announce its Political Violence and Terrorism (PVT) division’s collaboration with Neema Insurance Managing Agency (“Neema”), a Mauritius-based MGA. ASR is providing Neema with capacity, through ASR RE Limited (Bermuda), to launch a Political Violence Terrorism reinsurance offering for […]

Click to read more.