Peak Re generates $187m net profit for 2024

Share!

Reinsurance News - Mar 31, 2025

Hong Kong-based global reinsurer Peak Re experienced a 6.7% year-on-year decrease in net profit to USD 187 million in 2024, according to the annual results of its parent company, Fosun International. Despite this dip in net profit, Peak Re’s gross written premiums (GWP) saw a modest 0.1% year-on-yea...

Read Full Article

Recommended Articles

US cyber rates drop 32% at April 1, bespoke solutions surge amid ample reinsurance capacity: Gallagher Re

Posted: Apr 02, 2026

US cyber reinsurance rates fell around 32% during the April 1 renewals, impacted by a surge in exces...

Aon’s Reinsurance Solutions names Jukgrid Treesuttamas as Senior Advisor, Thailand

Posted: Apr 02, 2026

Aon’s Reinsurance Solutions, the reinsurance division of global broker Aon, has appointed Jukgrid Tr...

Markel Insurance appoints James Shankland as Head of Ocean Cargo, US

Posted: Apr 02, 2026

Markel, the insurance operations within Markel Group Inc., has announced the appointment of James Sh...