Finance
KKR, Portugal's Quadrantis to buy minority stake in Fosun-owned Peak Reinsurance
Published by Global Banking & Finance Review®
Posted on October 21, 2025
1 min readLast updated: January 21, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on October 21, 2025
1 min readLast updated: January 21, 2026
KKR and Quadrantis Capital acquire minority stakes in Fosun's Peak Reinsurance, enhancing their presence in Asia's insurance sector.
(Reuters) -Global investment firm KKR and Portuguese private equity firm Quadrantis Capital will acquire a minority stake in Fosun International majority-owned Peak Reinsurance Company, the parties said on Tuesday.
KKR will acquire approximately 11.3% of Peak Reinsurance from Prudential Financial, while Quadrantis will take a 1.8% stake. Fosun International, a Hong Kong-listed Chinese conglomerate, will retain its majority ownership of 86.71% in the reinsurance company.
The deal comes on the heels of KKR's acquisition of Japanese insurance distributor Hoken Minaoshi Hompo Group last month, as the firm continues to strengthen its footprint in Asia's insurance sector.
"As Asia emerges as a global growth engine for insurance and reinsurance, Peak Re is well-positioned to meet the needs of global clients with its established regional platform, disciplined underwriting approach, and strong governance," said Bing Gu, managing director at KKR.
The investments are expected to close in the fourth quarter of 2025.
(Reporting by Nichiket Sunil in Bengaluru; Editing by Sherry Jacob-Phillips)
A minority stake refers to owning less than 50% of a company's shares, meaning the shareholder does not have control over the company but may influence decisions.
Reinsurance is insurance purchased by an insurance company from another insurance company to mitigate risk and protect against large losses.
Private equity involves investment in private companies or buyouts of public companies, typically through investment funds that manage pooled capital.
Equity investment refers to the purchase of shares in a company, providing ownership rights and potential dividends to the investor.
Disciplined underwriting is a cautious approach to assessing risk and determining the terms of insurance policies, aimed at minimizing losses.
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