Africa Specialty Risks Energy Portfolio’s Capacity increased to $38 million

London, 28 April 2022 – Africa Specialty Risks (“ASR”), the pan-African focused reinsurance group, are pleased to announce that their energy division’s capacity increased to $38mn, provided through their ongoing relationship with GIC Re and Peak Re[1]. This follows 12 months of profitable underwriting results for ASR’s energy portfolio which provides coverage for the entire African continent including […]

Click to read more.

PDF

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 […]

Click to read more.

PDF

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 […]

Click to read more.

PDF

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 […]

Click to read more.

PDF

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 […]

Click to read more.