Hong Kong, 12 August 2022 – Peak Reinsurance Company Limited (“Peak Re” or the “Company”), a Hong Kong-based global reinsurer, announced today the appointment of Mr. Piotr Nowakowski, currently Director, Head of Product Underwriting for Property and Casualty (“P&C”) business, as the Company’s Chief Underwriting Officer.

Mr. Nowakowski will continue to be based in Hong Kong. In his new role, he will lead the P&C business team with a focus on underwriting expertise, portfolio management and solution development.  Mr. Nowakowski will report to Franz Josef Hahn, Chief Executive Officer of Peak Re.

“I would like to congratulate Piotr, who has been with us since January 2022, on his new role,” said Mr. Hahn. “Bringing with him more than two decades of global reinsurance experience, Piotr’s technical expertise, international experience and underwriting capabilities greatly enhance our cooperative underwriting model and we are confident that his leadership will help drive the Company’s further sustainable and profitable growth.”

Mr. Nowakowski joined Peak Re in January 2022 from Echo Re Switzerland where he served as the Chief Underwriting Officer for near a decade. Before Echo Re, he worked for the French reinsurer SCOR for more than 16 years across local, regional and global positions, including nine years as General Manager at SCOR’s Japan office in Tokyo. At SCOR, he has also served as Head of Strategy & Development and General Secretary for the Global P&C business based in Paris.