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Africa Specialty Risks, Africa Re partner to underwrite political, trade credit risks

Posted On: Nov. 24, 2022 10:35 AM CST

Pan-African reinsurer Africa Specialty Risks Ltd. has signed an underwriting authority agreement with Nigeria-based African Reinsurance Corp. to underwrite political and trade credit risks across Africa and the Middle East on behalf of African Re and other underwriters, Reinsurance News reported. The arrangement will bring $10 million worth of capacity for political and trade credit risks to the region.