London, 23 September 2026 – Africa Specialty Risks (“ASR”), the developing markets-focused (re)insurance group, today announces the successful completion of Vitruvian Partners’ (“Vitruvian”) strategic investment in the business, following receipt of regulatory approvals and the satisfaction of other customary closing conditions.
In partnership with Vitruvian, ASR will continue to realise its mission of enabling sustainable economic development by fulfilling unmet insurance needs. ASR’s goal is to be the reinsurance platform of choice for developing markets by providing additional new speciality lines and solutions, access to global A-rated capacity, advanced technology capabilities, expanded underwriting at Lloyd’s, and geographic expansion outside of Africa and the Middle East.
The transaction was first announced on 2 June 2026 and marks Vitruvian succeeding Helios Investment Partners who have been ASR’s majority shareholder since the company’s inception in 2020.
Full details on the strategic investment are available here.