Fosun Said to Revive Sale of Hong Kong’s $1 Billion Peak Re February 9, 2024 By Manuel Baigorri and Elffie Chew Fosun International Ltd. has revived a plan to sell Hong Kong-based Peak Reinsurance Co. after failing on a previous attempt,...
People Moves: Peak Re Appoints Echo Re’s Nowakowski to Lead P/C Underwriting; Gallagher Re Hires EMEA Dir. for Public-Private Initiatives; Pool Re’s Enoizi to Work With Cambridge Centre for Risk Studies January 25, 2022 This edition of International People Moves details appointments at Peak Re, Gallagher Re and the Cambridge Centre for Risk Studies....
Peak Re to Buy Remaining 50% Stake in Caribbean Insurance Group NAGICO July 28, 2021 Peak Reinsurance Co. Ltd., a Hong Kong-based global reinsurer, announced it has reached a definitive agreement to acquire the remaining...
People Moves: Swiss Re’s Render to Peak Re; Aon’s Denbigh to TigerRisk’s Retro Unit; Price Forbes’ Fox to Oneglobal June 29, 2021 The following international People Moves provides details of appointments at reinsurer Peak Re and two brokers, TigerRisk and Oneglobal. A...
People Moves: Ex-NewRe Executive Cussigh to Peak Re in Zurich; Key Changes at Euler Hermes; Daley Promoted at Sedgwick Australia May 26, 2021 This wrap-up of international People Moves details recent appointments at Peak Re, the Hong Kong-based reinsurer; Euler Hermes, the Paris...
People Moves: Hannover Re’s Bruns to Peak Re; AIG’s Nagra to BHSI; 4 Mosaic Hires May 17, 2021 This wrap-up of international People Moves details recent appointments at Peak Reinsurance, Berkshire Hathaway Specialty Insurance and the new Bermuda-based...
Moody’s Assigns First-Time A3 Rating to Fosun-Backed Peak Re June 16, 2020 Moody’s Investors Service has assigned an A3 insurance financial strength rating (IFSR) to Hong Kong-based Peak Reinsurance Co. Ltd. with...
Hong Kong-Based Peak Re to Acquire Bermuda ILS Asset Manager Lutece April 8, 2020 Peak Reinsurance Co. Ltd. has entered into definitive agreements to acquire 100% of the capital of Lutece Holdings Ltd. and...
Peak Re Launches Asian Reinsurance Sidecar Deal Using Bermuda Special Purpose Insurer December 10, 2018 Peak Reinsurance Co., the Hong Kong-based reinsurer, announced it has launched Asia’s first sidecar transaction via a new Bermuda-domiciled special...
Peak Re to Get Capital Boost After Prudential Financial Buys 13.1% Stake: A.M. Best February 15, 2018 A wholly owned subsidiary of Prudential Financial Inc. (PFI) has signed definitive agreements to purchase a 13.1 percent stake in...