Black Kite Re II shows ILS can narrow Asia’s protection gap: Peak Re CEO

Following the successful completion of its second catastrophe bond, the $50 million Black Kite Re Limited (Series 2025-1), Franz-Josef Hahn, CEO of reinsurer Peak Re, told us the issuance showcases the “tremendous potential” that insurance-linked-securities (ILS) solutions can play in narrowing protection gaps across Asia. The Hong Kong headquartered global reinsurer returned to the catastrophe bond market […]