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Africa Specialty Risks awarded first time Credit Rating by AM Best

London, 19 August 2021 – Africa Specialty Risks (“ASR”), the pan-African focused reinsurance group, is pleased to announce that AM Best have awarded ASR Re Limited (ASR Re) (Bermuda) a Financial Strength Rating of “B++” and a Long-Term Issuer Credit Rating of “bbb+”. The outlook of the rating is stable. AM Best based the rating […]

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Africa Specialty Risks appoints Managing Director and launches recruitment drive in Mauritius

Krishna Bheenick is appointed as Managing Director in Mauritius Recruitment drive launched to attract professionals in Finance, Underwriting, Compliance and Business Administration to join the business    Mauritius, 17 August 2021 – Africa Specialty Risks (“ASR”), the pan-African focused reinsurance group, is pleased to announce the appointment of Krishna Bheenick as its Managing Director in […]

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Africa Specialty Risks launches Bermuda reinsurer

London, 06 August 2021 – Africa Specialty Risks (“ASR”), the pan-African focused reinsurance group, is pleased to announce that it has launched a licensed reinsurance entity in Bermuda. The Group will offer a full suite of products from its Bermudan reinsurer, including Political Risk & Trade Credit, Political Violence & Terrorism, Property, Energy, Liability, Construction and Parametric. Once […]

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Africa Specialty Risks secures additional capacity from Atrium at Lloyd’s for Political Violence and Terrorism

London, 20 July 2021 – Africa Specialty Risks (“ASR”), the pan-African focused reinsurance group, is  pleased to announce that it has secured an additional $10 million capacity for its Political Violence and Terrorism (“PVT”) division from Atrium Underwriting Ltd (“Atrium”). This is in addition to the multi-year binder capacity across all of ASR’s business lines, of up to […]

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Africa Specialty Risks continues growth with launch of parametric underwriting division

London, 24 May 2021 – Africa Specialty Risks (“ASR”), the pan-African focused reinsurance group, is today pleased to announce the launch of its parametric division, alongside the appointment of Dr Raveem Ismail as Head of Parametric Underwriting and Ian Bishop as Parametric Product Manager.  ASR Parametric brings together underwriting, technology and analytical expertise to offer innovative risk solutions. Cover will be provided for both direct and indirect loss, […]

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