Peak Re sees record profit in 2023, P&C underwriting CoR drops to 87.3%
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Reinsurance News - Mar 28, 2024
Hong Kong-based global reinsurer Peak Re has posted a record net profit of $200 million for 2023, despite the year being characterised by high inflation, rising interest rates and a continuation of costly natural catastrophe events. According to the firm, these factors resulted in a more cautious at...
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