Emerging Asia consumers embrace AI for insurance research but not purchases: Peak Re survey
The survey found growing acceptance of AI in claims-related interactions, even as buyers remain cautious about using it to make insurance purchase decisions.
Peak Re capital rises 17% in 2025 as AM Best affirms ratings
The Hong Kong reinsurer paid its first dividend in 2025 and returned 12.3% on capital and surplus, though its non-life combined ratio rose on fluctuations in short-term health loss experience.
Ample capacity to weigh on APAC reinsurance pricing through 2026 – Fitch
Reinsurers are trimming weaker-performing lines as competition intensifies across the region.
Peak Re hires Wattanaumphaipong as head of distribution & partnerships, Agarwal to lead operations
Both based in Hong Kong, Natt Wattanaumphaipong and Sanjiv Agarwal bring decades of industry experience to their respective roles.
Peak Re GWP rises 11.8% to US$1.19bn in H1 2026
The reinsurer also reported US$89.7m in net profit after tax, according to parent Fosun International’s unaudited half-year results, as it continued expanding its footprint across India, Europe and North America.
Peak Re posts strong GWP growth in 2025 lifted by India and APAC expansions
India and Asia‑Pacific drove Peak Re’s double‑digit premium growth in 2025, with Asia‑Pacific accounting for more than half of group business.
Moody’s upgrades Peak Re’s financial strength rating to A3
Moody’s cited reduced contagion risk from Fosun and effective ring-fencing measures as key factors behind the upgrade.
Stronger, steadier ILS market sets stage for Asia growth, but structural gaps remain
Record issuance and steady returns are drawing broader investor interest, but stronger data, transparency, ratings and regulatory confidence remain critical for Asia to scale participation.
Peak Re’s gross written premiums rise 25% in 2025
Reinsurer reported a net profit after tax of US$189.5m for 2025, according to unaudited results.
Peak Re names Victor Kuk as next CEO; Franz-Josef Hahn to step down in April 2026
Current CEO and co-founder Hahn will move into the role of special advisor until 9 October 2026.
New Aswata-Peak Re product offers Indonesian cancer patients US treatment and travel cover
The new plan offers Indonesian residents up to US$2m in annual cover and access to leading US cancer centres.
Peak Re taps Philip Hough as CUO
Hough had previously served as MD for Aspen Re.