Africa Specialty Risks [ASR], the developing markets-focused [re]insurance group, announced that Moody’s Ratings has upgraded ASR Re Limited’s Insurance Financial Strength Rating to ‘A3’ from ‘Baa1’. The outlook for this rating is Stable. Mikir Shah, Chief Executive Officer, commented: “We are delighted that Moody’s has upgraded ASR Re to an A3 rating. This upgrade recognises …