Developing markets-focused re/insurance group Africa Specialty Risks (ASR) has appointed Trevor Oates as Head of Reinsurance.
Oates joins ASR from Canopius, where he spent 25 years in a range of underwriting roles, most recently as a treaty underwriter. Before Canopius, Oates spent seven years at Aon, having begun his career in reinsurance at Mercantile and General Reinsurance Company in 1987.
In his new role at ASR, Oates will be responsible for ceded reinsurance purchasing across the whole group, which maintains underwriting balance sheets in Bermuda, Mauritius, and at Lloyd’s through Syndicate 2454.
He will also work closely with ASR’s multiple capacity partners, including leading Syndicates who support ASR through the Africa-focused Baobab consortium at Lloyd’s.
Mikir Shah, ASR CEO, and to whom Oates will report, commented, “As our portfolio continues to expand, our reinsurance requirements have become more complex. We now write across multiple markets, including outside the African continent, and continue to expand our product lines.
“Trevor is a hugely experienced reinsurance executive, who has deep experience across our core products and geographies, along with strong relationships with the reinsurance market. I’m delighted to welcome him to ASR and help further our ceded reinsurance programme.”
Oates added, “ASR is an exciting, dynamic and ambitious company. I have been actively involved in building insurance capacity in Africa for more than 35 years, so I am really looking forward to working with Mikir and the team.”
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