Peak Re News

Fosun Said to Revive Sale of Hong Kong’s $1 Billion Peak Re

Fosun International Ltd. has revived a plan to sell Hong Kong-based Peak Reinsurance Co. after failing on a previous attempt, according to people familiar with the matter. BNP Paribas SA is helping the Chinese conglomerate find a buyer for its …

China’s Fosun International Appoints Deutsche Bank to Sell Stake in Peak Re: Sources

China’s Fosun International Ltd. has appointed Deutsche Bank to advise on a potential sale of its stake in Hong Kong-based reinsurance company Peak Re, four people with knowledge of the matter told Reuters. The sale comes as the tourism-to-financials conglomerate …

China’s Fosun Weighs Options for Hong Kong-Based Peak Re: Sources

Fosun International Ltd. is weighing strategic options for its Hong Kong-based Peak Reinsurance Co. as the Chinese conglomerate looks to pay down debt, according to people familiar with the matter. Fosun is working with a financial adviser as it considers …

People Moves: Hong Kong Reinsurer Peak Re Appoints Nowakowski as CUO

This edition of International People Moves details appointments at Peak Re and CNA Hardy. A summary of these new hires follows here. Hong Kong Reinsurer Peak Re Appoints Nowakowski as CUO Peak Re, a Hong Kong-based global reinsurer, announced the …

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

This edition of International People Moves details appointments at Peak Re, Gallagher Re and the Cambridge Centre for Risk Studies. A summary of these new hires follows here. Peak Re Appoints Echo Re’s Nowakowski as Head of Product Underwriting for …

Peak Re to Buy Remaining 50% Stake in Caribbean Insurance Group NAGICO

Peak Reinsurance Co. Ltd., a Hong Kong-based global reinsurer, announced it has reached a definitive agreement to acquire the remaining 50% issued share capital of the Caribbean insurance group NAGICO Holdings Ltd. Financial terms of the deal were not disclosed. …

People Moves: Swiss Re’s Render to Peak Re; Aon’s Denbigh to TigerRisk’s Retro Unit; Price Forbes’ Fox to Oneglobal

The following international People Moves provides details of appointments at reinsurer Peak Re and two brokers, TigerRisk and Oneglobal. A summary of these new hires follows here. Peak Reinsurance Co. AG, the wholly owned European subsidiary of the Hong Kong-based …

People Moves: Ex-NewRe Executive Cussigh to Peak Re in Zurich; Key Changes at Euler Hermes; Daley Promoted at Sedgwick Australia

This wrap-up of international People Moves details recent appointments at Peak Re, the Hong Kong-based reinsurer; Euler Hermes, the Paris headquartered credit insurer, and Sedgwick, the provider of technology-enabled risk, benefits and integrated business solutions. A summary of these new …

People Moves: Hannover Re’s Bruns to Peak Re; AIG’s Nagra to BHSI; 4 Mosaic Hires

This wrap-up of international People Moves details recent appointments at Peak Reinsurance, Berkshire Hathaway Specialty Insurance and the new Bermuda-based insurer Mosaic. A summary of these new hires follows here. Peak Reinsurance Co. Ltd., the Hong Kong-based global reinsurer, announced …

Peak Re Appoints Pioneer’s Souter as Director of Markets for P/C Business

Hong Kong-based Peak Re announced the appointment of Andrew Souter as director of markets responsible for developing the company’s property/casualty reinsurance business. Souter brings with him 18 years of experience in the finance industry. He joins Peak Re from Pioneer …