S&P assigns first-time ratings to Peak Re
S&P Global Ratings has assigned a first-time A- long-term issuer credit and financial strength rating to Peak Reinsurance Company Limited (Peak Re), a Hong Kong-based global reinsurer, with a stable outlook. The ratings from S&P complement Peak Re’s existing financial strength ratings of A- (Excellent) from AM Best and A3 from Moody’s. S&P highlighted Peak…