KKR and Quadrantis Capital to acquire a 13.07% stake in Peak Re.

KKR and Quadrantis Capital, investment firms, agreed to acquire a 13.07% stake in Peak Re, an emerging market reinsurance specialist. Financial terms are not disclosed. This strategic partnership will reinforce Peak Re’s commitment to serving its global clientele, underpinned by strong ring-fencing arrangements and robust corporate governance standards, and is not anticipated to affect the Company’s financial stability, operations, leadership, or ratings.