Moody’s upgrades Peak Re’s outlook to ‘Stable’ as contagion concerns subside

Moody's says previous concerns about Fosun contagion risk are unlikely to rise significantly in next 18 months, while spotlighting reinsurer's strategic reduction of cat exposure.

Editorial team

April 22, 2024

•

4 min read

MEMBERS ONLY

Continue reading with a free account.

Get access to in-depth analysis, breaking news, and exclusive features across APAC insurance.

• Free daily briefing in your inbox each morning

• 7-day trial of premium intelligence

• No credit card required

Existing user?

Sign in here

Read next

chinas-insurance-sector-posts-6-2-premium-growth-in-q1-2026

Participating policies gain favour among Chinese P&C insurers as low-yield pressures mount

June 26 2026

Insurers across China, Taiwan and South Korea are bolstering capital buffers and refining investment strategies as low rates and volatility strain traditional earnings models.

India's GI premiums grow 9% in May as fire weakness persists

June 25 2026

A fifth straight decline in fire premiums was offset by growth in health and motor, alongside sharp gains in aviation, marine and personal accident.

Glass-enclosed server rack in a dark lab with glowing fiber cables streaming out across the floor

Quantum computing could unlock APAC pricing advantage

June 23 2026

Actuaries are examining how quantum error correction breakthroughs could sharpen nat cat models and parametric pricing, though the technology would bring new risks.

Korea non-life insurers post 4.9% Q1 premium growth, but profits fall on higher claims, weaker investments

June 19 2026

Claims and investment pressure dragged net income down 10.7% year-on-year, even as long-term non-life premiums held firm and GI growth accelerated.