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Vitruvian Investments Partners V
Vitruvian

Africa Specialty Risks

Co-invested company
Specialist in corporate risk coverage in African markets
Founded in 2020 in London (United Kingdom), Africa Specialty Risks (ASR) is a reinsurance company specializing in coverage for corporate risks on the African continent and in the Middle East. Its mission is to promote economic development by addressing an insurance gap in these markets.
Urban infrastructure projects in Africa that exemplify the investments covered by Africa Specialty Risks

Key Figures for Africa Specialty Risks

51 $bn
secure investments in Africa
54
African countries covered
+ 100
people
20
nationalities represented on the team
Data as at
11/5/26
*Source: Public data from companies’ websites and social media accounts. For more up-to-date information, we invite our investors to view the report made available on their space.

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About Africa Specialty Risks

ASR offers a comprehensive range of insurance and reinsurance products for companies and investors operating in Africa, including coverage for political risks, terrorism, energy, construction, marine and aviation transport, liability, and credit risk. Its model is based on in-depth local expertise—its teams spend more than 250 days a year in the field in Africa—combined with access to global financing capabilities through its entities in Bermuda, Mauritius, and London.

The company stands out for its unique positioning: while major international insurers struggle to grasp the specific characteristics of African markets, ASR combines local knowledge, multilingual capabilities, and a presence across the continent to offer tailored solutions. It operates from six offices (London, Casablanca, Johannesburg, Mauritius, and Bermuda) and covers all 54 African countries.

In the same industry as Africa Specialty Risks

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