Hong Kong reinsurer Peak Re to acquire ILS asset manager Lutece
Peak Re acquisition of Lutece : Peak Reinsurance (Peak Re), a Hong Kong-based reinsurance company, has signed a deal to acquire Bermuda-based insurance-linked securities (ILS) asset manager Lutece and its subsidiary Lutece Investment Management. Financial terms of the deal were not disclosed by the parties. Established about three years ago, Lutece is focused on generating […]