A.M. Best affirms Peak Re’s “A-“ rating

20 Dec 2013

Peak Reinsurance Company Limited (“Peak Re”) is pleased to announce that A.M. Best has affirmed the financial strength rating of “A-” (Excellent) and issuer credit rating of “a-“, both with stable outlook.

 “ the ratings of Peak Re are based on its sound risk-adjusted capitalization, focused underwriting strategy entering the January renewal period, senior management’s long-standing Asia Pacific market knowledge and its strong investment performance achieved through a highly liquid investment portfolio during its first year of operation. ”

Quoting from A.M. Best’s press release


About Peak Re

Peak Re is headquartered in Hong Kong with an initial capital base of US$550 million. It is authorized by the Office of the Commissioner of Insurance of Hong Kong to launch its underwriting operations with a territorial scope encompassing Asia Pacific, and rated “A-” by A.M. Best, a leading international insurance industry credit rating agency.

The Company is led by a dynamic team of highly experienced reinsurance professionals with a diverse range of market experience. Founded on time-tested principles and united by a collective determination to embrace the rapid changes in the modern era, the management of the Company believes that Peak Re brings new solutions to the Asia-Pacific reinsurance industry.

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