Peak Reinsurance Company Ltd - Company Profile
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Peak Reinsurance Company Ltd (Peak Re), a subsidiary of Fosun International Ltd, is a provider of reinsurance products. The company provides reinsurance solutions for life, property, motor, casualty, agriculture, marine, credit and bond. Peak Re offer reinsurance on treaty basis. It offers customized solutions through network of reinsurance brokers across Asia Pacific, Europe, the Middle East and Africa (EMEA) and the America. The company works in cooperation with clients and intermediaries to develop and provide risk and capital solutions for assisting the clients. Peak Re also offers live tracking and data on tropical typhoon through its TCAT platform. The company has operational presence in Zurich, Switzerland. Peak Re is headquartered in Central, Hong Kong.
Headquarters
Hong Kong
Address
Room 6501-06, The Center, 99 Queen’s Road, Central
Website
www.peak-re.com
Telephone
852 35096666
No of Employees
140
Industry
Financial Services
Revenue (2022)
$1.6B
Peak Reinsurance Company Ltd premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Property and Casualty Reinsurance | Transfer and Capital Management Services |
| Engineering Reinsurance | |
| Liability Reinsurance | |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2022 | Stake Sale | In November, the company announced to sell its stake held by Fosun International Limited. |
| 2021 | Contracts/Agreements | In July, the company entered into an agreement to acquire NAGICO Insurances, a general insurance company. |
| 2020 | Corporate Awards | In August, the company was named as the Asian Reinsurer of the Year at the Asian Banking and Finance Insurance Asia Awards 2020 for the fifth consecutive year. |
Competitor Comparison
| Key Parameters | Peak Reinsurance Company Ltd | Munchener Ruckversicherungs-Gesellschaft Aktiengesellschaft (Munich Re) | Swiss Re Ltd | SCOR SE | PartnerRe Ltd. |
|---|---|---|---|---|---|
| Headquarters | Hong Kong | Germany | Switzerland | France | Bermuda |
| City | Central | Muenchen | Zuerich | Paris | Pembroke |
| State/Province | - | Bayern | - | Ile-de-France | - |
| No. of Employees | 140 | 42,812 | 15,042 | 3,522 | 1,158 |
| Entity Type | Private | Public | Public | Public | Public |
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Li Tao | Chairman | Executive Board | - | - |
| Franz Josef Hahn | Director; Chief Executive Officer; Vice Chairman | Executive Board | - | - |
| Chen Kaihong | Director; Chief Financial Officer | Executive Board | - | - |
| David Meneze | Deputy Chief Risk Officer; Managing Director | Senior Management | 2022 | - |
| Piotr Nowakowski | Chief Underwriting Officer | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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