Clarence Wong

Peak Re

Peak Reinsurance Company Limited ("Peak Re" or the "Company") is a Hong Kong-based global reinsurance company established to support the needs of communities and emerging middle-class societies by meeting reinsurance needs for non-life, life and health risks. Since commencing operations in 2012, the Company has grown steadily to rank 27th among global reinsurance groups in terms of net reinsurance premiums written. For the year ended 31 December 2022, Peak Re reported gross written premiums of USD2,295 million and net earned premiums of USD1,502 million. With total equity of USD1,198 million as of 31 December 2022, Peak Re is rated A- by AM Best. Peak Re is authorised by the Insurance Authority of Hong Kong under the Insurance Ordinance (Cap. 41). The Company offers both Property & Casualty ("P&C") and Life & Health ("L&H") reinsurance. It provides innovative and tailored reinsurance, risk management and capital management solutions to clients around the world. Fosun International Limited (00656. HK) and Prudential Financial, Inc. own approximately 87% and 13% of Peak Re, respectively, through Peak Reinsurance Holdings Limited.