Peak Re
Peak Reinsurance Company Limited is a Hong Kong-based global reinsurance company. Since commencing its operations in 2012, the Company has since grown steadily to rank 27th among global reinsurance groups in terms of net reinsurance premiums written according to S&P Global Ratings' Top 40 Global Reinsurance Groups 2021 by Net Reinsurance Premiums Written.
See below for the Latest Peak Re News, Analysis, Profit Results, Share Price Information, and Commentary
Peak Re reports ‘best-ever’ earnings with $200m in FY’23
Favourable January renewals are seen to sustain strong underwriting margins.
Peak Re reports ‘best-ever’ earnings with $200m in FY’23
Favourable January renewals are seen to sustain strong underwriting margins.
Peak Re boasts better first-semester results
Net profits rebounded to $106m.
Peak Re clinches accolade at HKB National Business Awards 2021
Its innovative and tailored solutions to address business challenges
Peak Reinsurance Company Limited, a Hong Kong-based global reinsurance company, was recognised at the Reinsurance category in the latest edition of the HKB National Business Awards for creating more dynamic and innovative solutions to clients and addressing risks consistently and appropriately to build trust. As a global reinsurer, it is adapting quickly to the changing risk landscape.
The SARS outbreak in 2002/2003 led to better preparation of the insurance industry, and Asia is comparatively better prepared for pandemics based on experience with several outbreaks. It is important that re/insurance companies, which are at the heart of the risk management industry, can learn from each event to better prepare for future known risks. Given the increased awareness of mortality and health risks, demand for health and other insurance products in emerging Asia continues to grow, providing growing opportunities for reinsurers.
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Commentary
Ginza-style commercial building in neighbourhood areas attracts local consumption