Reinsurance News
Peak Re
S&P assigns first-time ratings to Peak Re
28th October 2026
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 ... Read the full article
Reinsurance News Monte Carlo Executive Roundtable 2026
13th October 2026
Reinsurance News held its fourth Monte Carlo Executive Roundtable at the 68th edition of the annual RVS meeting in September, bringing together eight leaders from across the re/insurance industry to discuss key issues shaping the sector. The 2026 Reinsurance News Monte Carlo Executive Roundtable report, ... Read the full article
Peak Re targets sustainable growth in a more challenging market: CUO, Hough
18th September 2026
Peak Re, the global reinsurer, is targeting sustainable growth by broadening its capabilities and sharpening its strategic differentiation as competition intensifies and reinsurance pricing comes under increasing pressure, Chief Underwriting Officer (CUO) Philip Hough told Reinsurance News at the 2026 Rendez-Vous de Septembre in Monte Carlo. The Hong Kong-based global reinsurer ... Read the full article
Peak Re appoints Sanjiv Agarwal as Head of Operations
2nd September 2026
Peak Re, a global reinsurance company providing risk solutions and services to insurance and financial services clients, has appointed Sanjiv Agarwal as Head of Operations as the company continues to implement its growth and transformation strategy, which took effect on 1 September 2026. Agarwal joins Peak Re with nearly 30 years ... Read the full article
Peak Re names Wattanaumphaipong as Global Head of Distribution & Partnerships
1st September 2026
Hong Kong-domiciled global reinsurer Peak Re has appointed Nattakorn Wattanaumphaipong as the Global Head of Distribution and Partnerships. Wattanaumphaipong brings over two decades of industry experience, having held senior leadership roles in management, reinsurance underwriting, and business development across Asia Pacific. Most recently, he served at the Great American Insurance Group as ... Read the full article
Peak Re sees H1’26 reinsurance revenue increase 25% with net profit reaching $89.7m
27th August 2026
Fosun International Limited has released the unaudited first half of 2026 results for Hong Kong-based global reinsurer Peak Re, reporting a 25.0% year on year increase in reinsurance revenue to USD825.7 million, and an 11.8% rise in gross written premiums to USD1,186.0 million. Net profit after tax reached USD89.7 million, reflecting ... Read the full article
Moody’s upgrades Peak Re’s ratings on consistent operating performance and underwriting discipline
24th April 2026
Moody’s has upgraded Peak Re’s Insurance Financial Strength Rating (IFSR) to A3 from Baa1, with the Hong Kong-based reinsurer attributing the improvement to strong fundamentals underpinned by consistently solid operating performance, disciplined underwriting, and prudent risk management. The rating agency also upgraded the backed subordinated debt rating of the perpetual subordinated ... Read the full article
Peak Re grew reinsurance revenue 33% in FY’25
31st March 2026
Fosun International Limited has released the unaudited results for Hong Kong-based global reinsurer, Peak Re, for the full year 2025 (FY’25), disclosing an increase in reinsurance revenue of 32.8% year-on-year to $1.54 billion. At Peak Re, the FY’25 reinsurance service result also improved 12.7% year-on-year to $162.9 million, with strong growth ... Read the full article
Reinsurance at the forefront as Iran conflict drives global energy shock: Peak Re
30th March 2026
In a recent analysis from Peak Re, the Hong Kong-based global reinsurer, the company set out its assessment of the economic and re/insurance market implications of the Iran conflict, with analysis led by Vice President, Economist, Kritika Kashyap. Peak Re frame the situation not simply as a geopolitical crisis, but as ... Read the full article
Peak Re appoints Swiss Re’s Victor Kuk as CEO, Franz-Josef Hahn transitions to Special Advisor
24th March 2026
Hong Kong domiciled global reinsurance company, Peak Re, has hired Victor Kuk from Swiss Re to serve as its new Chief Executive Officer (CEO), taking over from Co-founder Franz-Josef Hahn, who transitions to Special Advisor after leading the firm for more than a decade. Subject to regulatory approval, Kuk will lead ... Read the full article
Peak Re names Philip Hough as CUO
2nd February 2026
Hong Kong-based global reinsurer Peak Re has appointed Philip Hough as its new Chief Underwriting Officer (CUO), effective April 2nd, 2026. Hough will be based in Hong Kong and report directly to Franz-Josef Hahn, Chief Executive Officer of the reinsurer. In his new role, Hough will lead Peak Re’s P&C underwriting strategy ... Read the full article
Peak Re appoints Eun Jeong Lee as SVP Retrocession
31st October 2025
Hong Kong-based global reinsurer Peak Re has announced the appointment of Eun Jeong Lee as Senior Vice President (SVP), Retrocession. Lee brings deep expertise in reinsurance, actuarial science, and risk management, joining Peak Re after spending 19 years at Korean Reinsurance Company (Korean Re). Most recently, she served as Deputy Branch Manager ... Read the full article
Peak Re secures KKR and Quadrantis Capital as new minority investors
21st October 2025
Funds managed by KKR, a global investment firm and Quadrantis Capital, a Portuguese investment management business, have entered into definitive agreements to acquire minority stakes in Hong Kong-based global reinsurer, Peak Reinsurance Company Limited (Peak Re), via Peak Reinsurance Holdings Limited. The transactions are expected to close in the fourth quarter ... Read the full article
Peak Re’s GWP climb 25% to $1.1bn in H1’25
27th August 2025
Fosun International Limited has released the unaudited results for Hong Kong-based global reinsurer Peak Re for the first half of 2025, reporting gross written premiums (GWP) of $1.06 billion, a 25.1% increase compared to the same period a year earlier. As of the end of the reporting period, Fosun held an ... Read the full article
Peak Re NA launch shows ‘our commitment to expanding into key global markets,’ says CEO Hahn
28th May 2025
Hong Kong-based reinsurer Peak Re has launched and had rated a new North American underwriting entity, Peak Reinsurance North America Ltd. (Peak Re NA), domiciled in Bermuda, demonstrating the company's commitment to growing its footprint in key markets around the world. Peak Re NA is licensed as a Class 3B insurer, ... Read the full article
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