Moody’s Baa1

    Africa Specialty Risks (ASR), the pan-African and Middle East focused (re)insurance group, is pleased to announce that Fitch Ratings has assigned a BBB+ long term insurance financial (IFS) rating with a positive outlook to ASR Re Limited (ASR Re). Fitch’s rating reflects ASR Re’s very strong capitalisation and low leverage. The positive outlook reflects ASR Re’s improving franchise and business profile as it continues to grow business volumes […]