mikir-shah-chief-executive-officer-africa-specialty-risks-asr-
17 August 2021Insurance

Africa Specialty Risks hires MD for Mauritius amid growth drive

Africa Specialty Risks (ASR) has appointed a managing director to drive its ambitious growth plans in Mauritius.

The pan-African focused reinsurance group has also launched recruitment drive to attract professionals in finance, underwriting, compliance and business administration.

Krishna Bheenick, the new MD, has held senior positions at SWAN General, Mauritius Commercial Bank, XL Catlin Insurance (UK), Munich Mauritius Reinsurance Company and Munich Re of Africa.

Mikir Shah (pictured), CEO of ASR, said: “With Krishna’s vast expertise in the reinsurance market locally and internationally, and his deep understanding of African markets, he will be a key member of our team as we continue to develop the business.”

Bheenick said: “ ASR will provide additional African-domiciled capacity in the market, especially in the light of the pandemic which has led a number of global reinsurers to focus more on their home markets.”

Did you get value from this story?  Sign up to our free daily newsletters and get stories like this sent straight to your inbox.

Already registered?

Login to your account

To request a FREE 2-week trial subscription, please signup.
NOTE - this can take up to 48hrs to be approved.

Two Weeks Free Trial

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Elliot Field at efield@newtonmedia.co.uk or Adrian Tapping at atapping@newtonmedia.co.uk


More on this story

Insurance
6 August 2021   This follows the launch of its reinsurance business in Mauritius and London.
Insurance
19 August 2021   The company is in its first year of business
Insurance
12 May 2022   The increased capacity will help support clients in the wake of the current energy crisis.