Hahn: Peak Re has no immediate IPO plans
Peak Re will not float on the Hong Kong Stock Exchange over the
next 12 months despite speculation elsewhere in the press, the
firm's CEO Franz Hahn told The Insurance
Insider.
"We have no immediate plans to IPO Peak Re," the
former Swiss Re executive said, noting, however, that a flotation
might be on the cards further down the line.
Chinese conglomerate Fosun owns most of the business, having
invested $468mn of Peak Re's $550mn start-up capital in 2012
and...
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