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– Energy
In the near future, ASR will be expanding its current line up to include Political Violence and Terrorism, Liability, Construction, and Parametric covers for its clients. To support its business across the continent, ASR has established a fully licenced reinsurer in Mauritius.
Mikir Shah, CEO of ASR commented: “We will endeavour to support insureds during the economic downturn by providing adequate cover, and through proficient client service, we will look to form strong, long-term relationships. Securing additional capacity could not come at a more meaningful time for ASR. Following our launch mid-Pandemic in September 2020, we have seen a reduction in available capacity as traditional underwriters withdraw from emerging markets to focus on their more developed domestic markets.