Jul 2021
Conyers advised Africa Specialty Risks (“ASR”), the pan-African focused reinsurance group, on the formation of ASR Re Limited and its licencing as a Class 3A insurer in Bermuda.
It is anticipated that the ASR Group will offer a full suite of products from its Bermudian reinsurer, including Political Risk & Trade Credit, Political Violence & Terrorism, Property, Energy, Liability, Construction and Parametric. Once rated, this capacity will be used to bolster the Group’s current MGA capacity supporting investment and business into and throughout Africa.
Director Sophia Greaves and associates Katie Martin and Aleisha Hollis of Conyers’ Bermuda office advised on the matter.