Hong Kong, 31 May 2022 – Peak Capital Ltd. (“Peak Capital”), the wholly-owned Bermuda subsidiary of the Hong Kong-based global reinsurer, Peak Reinsurance Company Limited (“Peak Re” or the “Company”), has appointed Mr. Barry Zurbuchen as a non-executive director to its Board of Directors, effective 31 March 2022.

Mr. Zurbuchen joins the Board of Peak Capital after a distinguished 35-year career specializing in risk management, actuarial analyses and capital modelling. He was previously the Group Chief Risk Officer and Chief Pricing Actuary of Allied World Assurance Company.

“I would like to extend a warm welcome to Barry as a new member of the Board of Directors of Peak Capital,” said Mr Franz Josef Hahn, Chief Executive Officer of Peak Re. “Barry has extensive experience in the design and execution of enterprise risk management strategies, and I know his contribution to the Board will be greatly appreciated as we continue to develop and deepen our insurance-linked securities (“ILS”) capabilities.”