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1 through 20 of 73 matching documents, best matches first.   Sort by date

Peak Re Names Successor to Co-Founder and CEO
April 2 (BestWire, Feb. 2, 2026). Peak Reinsurance's Best's Financial Strength Rating is presently A- (Excellent). Underwriting entities of Peak Re parent Fosun International ...
Source: BestWire   Date: March 24, 2026
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KKR, Quadrantis to Acquire Prudential Financial's Stake in Peak Re
Peak Reinsurance Holdings Ltd. KKR and Quadrantis Capital are expected to hold an 11.27% stake and a 1.80% stake in Peak Re's issued share capital, respectively, when the deal is ...
Source: BestWire   Date: October 21, 2025
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Peak Re Launches North American Casualty Reinsurance Entity
Reinsurance North America Ltd. Based in Bermuda, the new entity will focus on casualty reinsurance, the group said in a statement. Peak Re said the new entity underlines its ...
Source: BestWire   Date: May 28, 2025
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Peak Re Posts Lower 2024 Profit, Revamps Portfolio as Softening Market Looms
Officer Franz-Josef Hahn in a statement. "Throughout the year, we further diversified our reinsurance portfolio both geographically and across different lines of business." In ...
Source: BestWire   Date: April 30, 2025
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Net Zero Panel Replaced by UN's Forum for Insurance Transition to Net Zero
Forum for Insurance Transition to Net Zero billed as a "U.N.-led and convened structured dialogue and multi-stakeholder forum" to support voluntary climate action by the insurance ...
Source: BestWire   Date: April 25, 2024
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BNP Paribas Gains 9% Ageas Stake From Fosun for $777 Million
European groups' insurance partnership. The French banking group will make the acquisition through its insurance subsidiary BNP Paribas Cardif, it said in a statement. Ageas ...
Source: BestWire   Date: April 15, 2024
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Peak Re Swings to Half-Year Profit as Improved Underwriting Trumps Lower Revenue
The property/casualty combined ratio improved to 82.2 from 108.4. The reinsurer rebalanced its portfolio as the combined ratio improved while reinsurance revenue fell, it said in a ...
Source: BestWire   Date: October 5, 2023
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Peak Re Posts 2022 Net Loss on Catastrophes, Lower Investment Income
The technical combined ratio for 2022 was 101.4. "Throughout 2022, the global economy and reinsurance markets were in turmoil due to geopolitical tensions and macroeconomic shocks, ...
Source: BestWire   Date: May 3, 2023
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AF Group Finalizes AmeriTrust Deal, Plans Product Expansion
Both companies are based in Michigan. AF Group declined earlier to disclose transaction terms. Last year it had 1,500 employees, and AmeriTrust has 800 countrywide, according to a ...
Source: BestWire   Date: January 4, 2023
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AM Best Revises Outlooks to Negative, Affirms Credit Ratings of Peak Reinsurance Company Limited and Its Subsidiary
...Hong Kong) and its subsidiary, Peak Reinsurance AG (Switzerland). The Credit Rating (ratings) reflect Peak Re's balance sheet strength, which AM Best assesses as very strong, as ...
Source: Press Releases   Date: October 14, 2022
AM Best Revises Outlooks to Negative, Affirms Credit Ratings of Peak Reinsurance Company Limited and Its Subsidiary
...Hong Kong) and its subsidiary, Peak Reinsurance AG (Switzerland). The Credit Rating (ratings) reflect Peak Re's balance sheet strength, which AM Best assesses as very strong, as ...
Source: BestWire   Date: October 14, 2022
Peak Re CEO: Climate Change Is Industry’s Top Priority as Annual Net Income Falls on Cat Losses
Officer Franz Josef Hahn said in a statement. Risk across the energy, food and water sectors is likely to increase and a greater number of people and regions could be affected by ...
Source: BestWire   Date: July 5, 2022
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Peak Re Gains Japan Typhoon Cover With Hong Kong’s Second Catastrophe Bond
The bond was issued through Black Kite Re Ltd., a new special-purpose insurer in Hong Kong, Peak Re said in a statement. As part of the transaction, Peak Re entered into a ...
Source: BestWire   Date: June 3, 2022
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Accident Fund to Acquire Fosun Subsidiary AmeriTrust
Accident Fund Insurance Co. has agreed to acquire commercial insurer and administration services provider AmeriTrust from Fosun, saying the deal will enhance its specialty and ...
Source: BestWire   Date: April 12, 2022
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AM Best Affirms Credit Ratings of Peak Reinsurance Company Limited and Its Subsidiary
Reinsurance AG (Switzerland). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect Peak Re's balance sheet strength, which AM Best assesses as very strong, ...
Source: Press Releases   Date: December 15, 2021
AM Best Affirms Credit Ratings of Peak Reinsurance Company Limited and Its Subsidiary
Reinsurance AG (Switzerland). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect Peak Re's balance sheet strength, which AM Best assesses as very strong, ...
Source: BestWire   Date: December 15, 2021
Fosun’s Six-Month Profit Doubles as Insurance Segment Rebounds From Year-Ago Loss
Fosun International Holdings Ltd. doubled its six-month profit as its insurance segment rebounded from a year-ago loss, helped in part by rate hardening and a rebalanced portfolio ...
Source: BestWire   Date: August 25, 2021
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Africa MGA Launches Bermuda Reinsurance Entity
...Bermuda is a Solvency II equivalent global reinsurance hub." Africa Specialty Risks provides comprehensive risk transfer solutions to customers across the African continent, it ...
Source: BestWire   Date: August 10, 2021
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Africa Specialty Risks Secures Atrium Capacity for Political Violence, Terrorism
Atrium Underwriting Ltd. The capacity is in addition to a multiyear binder capacity across all of ASR's business lines, of up to $25 million per risk through a partnership with ...
Source: BestWire   Date: July 20, 2021
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AM Best Affirms Credit Ratings of Peak Reinsurance Company Limited and Its Subsidiary
The outlook of these Credit Ratings (ratings) is stable. The ratings reflect Peak Re's balance sheet strength, which AM Best categorises as very strong, as well as its adequate ...
Source: Press Releases   Date: December 15, 2020

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