Reinsurance

Peak Re takes aim at ‘super opportunity’ after $250 mln bond issue

CEO Hahn notes hardening prices in both property and casualty businesses and says retained profits must improve before company, majority owned by Fosun group, considers an IPO.

Phani Kumar

November 04, 2020

Peak Reinsurance, the Hong Kong reinsurer that just raised $250 million from a bond sale, is positioning for underwriting opportunities as prices harden in the casualty and property lines of business after years of weakness.

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