Peak Re Hong Kong News

Koh Joins Hong Kong’s Peak Re as Senior VP

Peak Reinsurance Co. Limited, the Hong Kong based reinsurer, has appointed  Kathleen Koh as senior vice president to underwrite credit and surety business. Koh will be responsible for developing and growing Peak Re’s credit book in Asia Pacific. As a …

China’s Fosun Buys 80% of Portugal’s Caixa Insurer for $1.36 Billion

China’s Fosun International Ltd. bought 80 percent of Portugal’s Caixa Geral de Depositos SA’s insurance unit for €1 billion ($1.36 billion), beating out U.S. buyout firm Apollo Management International LLP. Fosun International will buy the stake in the insurer with …

Hong Kong’s Peak Re Licenses AIR Worldwide Catastrophe Modeling Systems

Catastrophe modeling firm AIR Worldwide announced that Hong Kong-based Peak Reinsurance Co. Ltd., which focuses on the Asia-Pacific market, has selected AIR’s catastrophe modeling solutions to manage its catastrophe risk. “Catastrophes are a growing concern in the Asia-Pacific region as …