Africa Specialty Risks secures multi-year binder capacity with GIC and Peak Re

Feb 15, 2021 - Reinsurance News

Newly launched Pan-African focused reinsurer, Africa Specialty Risks Group (ASR), has secured additional multi-year binder capacity of up to $25 million per risk via a new partnership with GIC of India and Hong Kong domiciled Peak Re.

ASR is now able to offer capacity across Property, Political Risk, Trade Credit, and Energy lines of business, and will be expanding its current line up to include Political Violence and Terrorism, Liability, Construction, and Parametric covers for its client...