by AIP Online Bureau | Jun 2, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
Mikir Shah, Chief Executive Officer, Africa Specialty Risks said: “I’m delighted to welcome Vitruvian Partners as our new lead investor. Since launch in 2020, ASR has enjoyed a significant growth trajectory, and this new partnership will help us realise our ambition...
by AIP Online Bureau | May 1, 2024 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
Currently, only 2% of Lloyd’s business comes from Africa, something which ASR Syndicate 2454 is strategically placed to expand. ASR began underwriting in February 2021, with the explicit aim of closing the insurance gap in Africa and facilitating international...
by AIP Online Bureau | Dec 8, 2023 | Eco/Invest/Demography, Intermediaries, International News, Non-Life, Reinsurance
Mikir Shah, CEO, Africa Specialty Risks ASR Syndicate 2454 aims to begin underwriting in March 2024, and will focus on underwriting business across Africa, which represents around 2% of Lloyd’s business globally. This presents a unique opportunity for specialty risk...
by AIP Online Bureau | May 14, 2022 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
This follows 12 months of profitable underwriting results for ASR’s energy portfolio which provides coverage for the entire African continent including upstream, downstream, power, utilities, and renewables So far, they have provided insurance cover in over 20 African...