Financial Strength

Peak Re has a shareholder equity of USD911.6 million as of 31 December 2017, prior to the addition of new investor Prudential Financial, Inc. The company is authorised by the Insurance Authority of Hong Kong.

Peak Re achieves Year-on-Year capital growth through retained dividend.

(USD millions) 2013 2014 2015 2016 2017
Gross written premiums 103.2 288.1 582.7 698.2 1,098.3
Shareholder equity 652.8 688.4 716.4 841.1 911.6
Total asset 756 1,005 1,400 1,949 2,795
Management expense ratio (%) 29.5% 9.0% 4.8% 4.7% 3.48%

Rating

  • Strong balance sheet
  • Adequate operating performance
  • Neutral business profile
  • Appropriate enterprise risk management