Financial Strength

Peak Re has a shareholder equity of USD965.5 million as of 31 December 2018. The company is authorised by the Insurance Authority of Hong Kong.

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

(USD millions) 2014 2015 2016 2017 2018
Gross written premiums 288.1 582.7 698.2 1,098.3 1,381.9
Shareholder equity 688.4 716.4 841.1 911.6 965.5
Total asset 1,005 1,400 1,949 2,795 3,751
Management expense ratio (%) 9.0% 4.8% 4.7% 3.48% 3.56%

Rating

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