Peak Re Eyes “Quality Growth” and Innovation
Franz-Josef Hahn, Peak Re’s CEO, said the fresh investment would empower the company to “innovate, serve clients with excellence, and pursue quality growth globally.”
KKR’s Bing Gu, managing director for Asia-Pacific, added that “as Asia emerges as a global growth engine for insurance and reinsurance, Peak Re is strategically positioned to meet evolving client needs.”
The investment is expected to provide both capital and strategic expertise, blending KKR’s global financial reach with Quadrantis’s innovative investment approach.
Deal Awaits Regulatory Green Light
The companies confirmed that the transaction is subject to regulatory approvals, though they did not specify which authorities are involved. Completion is anticipated by the end of 2025.
Peak Re, which provides property, casualty, and life reinsurance, reported $1.16 billion in revenue and $187 million in net profit in 2024 — figures that underscore its growing footprint in the reinsurance landscape.
As Asia cements its position as the next frontier in insurance and reinsurance, KKR and Quadrantis’s investment in Peak Re could mark the beginning of a new chapter of global resilience and regional dominance in the risk management industry.