Libor consultation launched

Category: ABS CLOs CMBS


Previous Story       Next Story

Sector developments and company hires

ILS

Peak Reinsurance Company has launched Asia’s first sidecar transaction via a new Bermuda-domiciled special purpose insurer, Lion Rock, to provide collateralised retrocession for part of Peak Re’s global property reinsurance risk portfolio. The establishment of this special financial structure, referred to as a “reinsurance sidecar”, allows investors to take on the risk and benefit from specific books of an insurance or reinsurance company.

Already registered?

Not yet registered? Join today to access SCI Content.

-
  •