Peak Re unfazed by Nagico cat losses

Losses sustained by Caribbean insurer Nagico during hurricanes
Irma and Maria have not dented the allure of the business for 50
percent owner Peak Re.
Nagico, the dominant insurer in the Dutch Caribbean, was hit
hard by Hurricane Irma, though chairman Imran McSood Amjad told
this publication that it had more than enough reinsurance in place
to cover the losses.
This included a 50 percent quota share with Peak Re, although
there was a low catastrophe cap on the risk...