Company profile
Africa Specialty Risks Limited
Africa Specialty Risks Limited (ASR) is a United Kingdom–based company specialising in speciality insurance and reinsurance solutions for developing markets. The company was incorporated in 2020 and is headquartered in London. Africa Specialty Risks Limited offers a broad range of risk transfer products, including facultative reinsurance, direct insurance, treaty reinsurance, parametric coverage, and captive solutions tailored for corporate and institutional clients. The company maintains a global footprint with operational hubs in the United Kingdom, Mauritius, Bermuda, Morocco, South Africa, and the United Arab Emirates, enabling it to serve diverse regional markets across Africa and beyond. The company is privately held and, in June 2026, announced a strategic majority investment by Vitruvian Partners, acquiring the stake previously held by Helios Investment Partners.
- Sector
- Financial services / Reinsurrance, Non-life Insurance, Multiline Insurance & Brokers
- Markets
- South Africa, Mauritius, Morocco
- Founded
- 2020
- Ownership
- Private
- Stage
- Scale-up
- Employees
- 51-200
- Business model
- B2B Financial Services, Transactional
Products and services
Political Violence & Terrorism, Political Risk & Trade Credit, Property Insurance, Liability Insurance, Marine & Aviation Reinsurance, Treaty Reinsurance & Parametric Solutions
Transactions
| Date | Transaction | Type | Value | Market |
|---|---|---|---|---|
| 2 Jun 2026 | Helios Investment Partners exits Africa Specialty Risks (ASR) | Private Equity | Undisclosed | Mauritius |
Source: Partner Researchers.