News Reinsurance06 Jun 2022

Hong Kong:Peak Re sponsors landmark CAT bond

| 06 Jun 2022

Peak Reinsurance has closed the issuance of a $150m 144A catastrophe bond via Black Kite Re, a newly established special purpose insurer in Hong Kong. As part of the transaction, Peak Re has entered into a retrocession arrangement with Black Kite Re, providing the company with a multi-year protection against typhoon risk in Japan.

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