special purpose insurers (SPIs) News

Peak Reinsurance Co., the Hong Kong-based reinsurer, announced it has launched Asia’s first sidecar transaction via a new Bermuda-domiciled special purpose insurer, Lion Rock Re Ltd., to provide collateralized retrocession for part of Peak Re’s global property reinsurance risk portfolio. …

Aon Benfield Securities, the investment banking division of global reinsurance intermediary and capital advisor Aon Benfield, has announced the launch of CATstream – a new client facility, which it said “offers cedants faster and more efficient access to capital markets …