Sascha Bruns, Peak Re
17 May 2021Life

Peak Re hires head of retro from Hannover Re

Peak Reinsurance Company, the Hong Kong-based global reinsurer and owner of Bermuda-based Peak Capital, has hired Sascha Bruns as director and head of global retrocession.

Bruns was previously senior underwriter and deputy to the head of group protections at Hannover Re, a company he served for almost two decades. He has experience in analysing, structuring, placing and administrating natural catastrophe retrocessions programmes.

Bruns will take up his post on September 1, 2021 and will lead the design and implementation of Peak Re’s retrocession strategy for its global property and casualty business. He will be based in Hong Kong, and will report to Franz Josef Hahn, Peak Re’s chief executive officer.

Hahn highlighted Bruns’ network of retrocessionaires, reinsurers, brokers and alternative capital providers, and his “keen understanding of the traditional covers as well as capital market securitisation.”