Lion Rock Re Ltd

Hong Kong headquartered global reinsurer Peak Reinsurance Company Limited (Peak Re) has now revealed that it successfully renewed its Lion Rock Re fully collateralised reinsurance sidecar at a larger size of $107 million for 2021.

Peak Reinsurance Company Limited (Peak Re), the Hong Kong headquartered global reinsurer that is majority backed by Fosun International, has renewed its collateralised reinsurance sidecar vehicle Lion Rock Re Ltd. for the third year in succession.

Peak Reinsurance Company Limited (Peak Re), the Hong Kong headquartered, Fosun backed global reinsurer, has listed a slice of its latest collateralised reinsurance sidecar transaction, featuring a single $12.32 million tranche of notes that were issued by the reinsurers Lion Rock Re Ltd. special purpose vehicle.

The ability to access the capital markets is key for reinsurers and with Hong Kong eager to establish itself as Asia’s insurance-linked securities (ILS) hub, Peak Re is well positioned to serve as a conduit between investors and Chinese property catastrophe risks.

Peak Reinsurance Company Limited (Peak Re), the Hong Kong headquartered global reinsurer that is majority backed by Fosun International, has renewed its ground-breaking Asian sidecar transaction, with a $77 million Lion Rock Re II issuance.

The launch of the Lion Rock Re Ltd. sidecar by Hong Kong domiciled Peak Reinsurance Company Limited (Peak Re) was well received by the ILS investor community and the company is looking forward to expanding its relationship with the capital markets in the future.

Peak Reinsurance Company Limited (Peak Re), the Hong Kong based global reinsurer that is majority backed by Fosun International, has completed a ground-breaking insurance-linked securities (ILS) transaction, successfully establishing and launching the first Asian reinsurance sidecar deal.