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Peak Re launches Peak Capital ILS manager, as Lutece acquisition completes

Peak Re said this morning that its previously announced acquisition of Bermuda-based insurance-linked securities (ILS) asset manager Lutece has now completed and the unit is being rebranded as Peak Capital.Lutece founder Erik Manning and Peak Re’s Managing Director of Underwriting, Lawrence Cheng, are to lead the new unit as the read the full article →

Peak Re targets Asian ILS leadership, Bermuda foothold with Lutece buy, says CEO Hahn

Peak Reinsurance Company Limited (Peak Re), the Hong Kong headquartered, Fosun backed global reinsurer, aims to become the Asian leader in insurance-linked securities (ILS) with its acquisition of Lutece, while also benefiting from a new foothold in the Bermuda market, CEO Franz Josef Hahn explained to Artemis.Peak Re announced yesterday read the full article →

Peak Re to acquire ILS manager Lutece

Peak Reinsurance Company Limited (Peak Re), the Hong Kong headquartered global reinsurer that is majority backed by Fosun International, said this morning it has entered into a definitive agreement to acquire Bermuda-based insurance-linked securities (ILS) asset manager Lutece, which it will rename Peak Capital.Lutece was launched back in 2017 by read the full article →