Act and Adapt Quickly to Deliver Robust Solutions
We believe that reinsurance is a powerful solution that contributes to the sustainable development of the insurance industry and helps society to prosper by providing protection to more people under the umbrella of insurance.
We are committed to streamlining operations to maximize value, and are dedicated to supporting our clients' success through innovative, cutting-edge solutions. This allows us to empower our clients to effectively manage risk and achieve their long-term goals.
All figures as of 31 December 2024.
*Gross written premiums are based on the accounting standard IFRS 4 and are provided as a reference
^On average 2022 – 2024, undisputed cases
Peak Re’s guiding principles ensure that our clients are at the centre of everything we do. These principles are enabled by our values which encourage curious minds, agile processes and the continuous development of insights.
To nurture long-lasting, collaborative relationships with our clients, built on open and transparent dialogue.
To assist our clients to grow in a sustainable and profitable way, so they can do more to mitigate risk in the global economy.
To make clear, prompt and transparent underwriting decisions.
To deploy our capital in the most efficient manner at all times.
To innovate new risk solutions and technologies to continuously enhance the product and service value that we provide to our clients.
With an unwavering commitment to our core Asia-Pacific markets, Peak Re delivers a uniquely geographically diversified portfolio.
Figures may not add up to 100% due to rounding.
Gross written premiums are based on IFRS 4.
We differentiate by being an Asia-based global reinsurer. Our purpose is to modernize reinsurance to support the needs of communities and the emerging middle class by meeting reinsurance needs in Asia and around the globe.
Opened a branch in GIFT City, India, and secured a subsidiary license in Bermuda.
Published the second Peak Re Emerging Asia Middle-Class Consumer Survey, focusing on health, mental well-being and cybersecurity needs.
Sponsored the first 144A catastrophe bond issued in Hong Kong.
First Hong Kong-based reinsurer to issue publicly-listed perpetual subordinated guaranteed capital securities.
Launched Lion Rock Re Ltd., the first sidecar transaction sponsored by an Asia-based reinsurer.
Environmental, social and governance (“ESG”), sustainability and corporate social responsibility (“CSR”) principles are foundational to our operational, corporate governance and compliance frameworks.
Since we commenced our operations in 2012, we have been a signatory to the United Nations Environment Programme Finance Initiative (“UNEP Fl”) Principles for Sustainable Insurance (“PSI”).
We are actively progressing our ESG objectives, refining our measurement and integration methods, expanding ESG expertise throughout our organization, deepening our grasp of climate risks, and advocating for sustainable, health-conscious lifestyles. For instance, in a collaborative effort with CarbonCare Innolab (CCIL), a non-profit organization based in Hong Kong, Peak Re employees engaged in various activities in 2024 to weave environmental and social responsibility into the fabric of everyday life.
Peak Re employees consistently participate in CSR activities that aim to reduce poverty and strengthen community resilience. For instance, annually, we engage in the purchase and packaging of premium tea from Yongping’s low-income farmers, providing enduring support to the rural community in a sustainable manner.