Peak Reinsurance Company Limited (Peak Re), a global reinsurer headquartered in Hong Kong, announced that funds managed by KKR and Quadrantis Capital have entered into definitive agreements to acquire minority stakes in the company through Peak Reinsurance Holdings Limited.
Upon completion of the deal, KKR and Quadrantis Capital will hold approximately 11.27% and 1.80% of Peak Re’s issued share capital, respectively. The remaining 86.71% will continue to be owned by Fosun International Limited, the company’s majority shareholder. The investment follows Prudential Financial, Inc.’s divestment of its former 13.07% minority stake in Peak Re, following the signing of definitive agreements with the new investors.
The addition of KKR and Quadrantis Capital as strategic partners reinforces Peak Re’s long-term growth ambitions and commitment to serving clients worldwide. The investment is not expected to impact Peak Re’s financial stability, governance structure, leadership, or credit ratings. The company will continue to operate independently under its existing management team while benefiting from the global network and expertise of its new investors.
Founded in 2012, Peak Re was established to promote economic growth and resilience across emerging markets in Asia and beyond. The company has since become one of the leading reinsurance providers in the region, ranking 27th globally in terms of net reinsurance premiums written.
With a financial strength rating of A- (Excellent) by A.M. Best, Peak Re serves clients across Asia Pacific, Europe, the Middle East, and the Americas, offering innovative and diversified reinsurance solutions.
The investments from KKR and Quadrantis Capital are expected to close in the fourth quarter of 2025, subject to regulatory approvals and customary closing conditions.
KEY QUOTES:
“Peak Re was established to support the growth and resilience of economies and communities in emerging markets across Asia and beyond. With KKR and Quadrantis Capital joining as new investors, we are further strengthening the platform that enables Peak Re to innovate, serve clients with excellence, and pursue quality growth globally. We would also like to thank Prudential for their support as a valued minority shareholder and partner over the years.” ****
Franz-Josef Hahn, Chief Executive Officer, Peak Re
“As Asia emerges as a global growth engine for insurance and reinsurance, Peak Re is well-positioned to meet the needs of global clients with its established regional platform, disciplined underwriting approach, and strong governance. We look forward to drawing from our global network and experience in insurance and reinsurance, as well as operational expertise to strengthen Peak Re’s leading position in the region.”
Bing Gu, Managing Director, KKR
“Quadrantis Capital is delighted to join Peak Re as a minority investor. We are committed to constructive, value-driven partnerships.”
João Rafael Koehler, Managing Partner, Quadrantis Capital
