Peak Re to Get Capital Boost After Prudential Financial Buys 13.1% Stake: A.M. Best

A wholly owned subsidiary of Prudential Financial Inc. (PFI) has signed definitive agreements to purchase a 13.1 percent stake in Peak Reinsurance Holdings Ltd., the sole shareholder of Hong Kong-based Peak Reinsurance Co. Ltd. Prior to the transaction, Fosun International …
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Peak Re to Get Capital Boost After Prudential Financial Buys 13.1% Stake: A.M. Best was originally posted by ClaimsMate.com Insurance Information Resources