Milestones, Awards and Recognitions

Our journey to becoming the most valued reinsurer

Since being founded in 2012, Peak Re has received numerous awards and regular recognition of our strong commitment to providing innovative and forward-looking reinsurance services, as we strive to become the most valued reinsurance brand for our clients and stakeholders.

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2020
  • Recognised as Top 29 Global Reinsurance Group by S&P
  • Obtained Moody’s “A3” rating
  • Acquired Bermuda-based ILS investment specialist Lutece and re-branded it “Peak Capital”
  • Renewed and upsized the Lion Rock Re Ltd.
  • Named “Asian Reinsurer of the Year” for fifth consecutive year by Asian Banking & Finance
2019
  • Recognised as Top 30 Global Reinsurance Group by S&P
  • Named “Asian Reinsurer of the Year” for fourth consecutive year by Asian Banking & Finance
2018
  • Recognised as Top 34 Global Reinsurance Group by S&P and Top 36 by A.M. Best
  • Named “Asian Reinsurer of the Year” for third consecutive year by Asian Banking & Finance
  • Launched the first Asian reinsurance sidecar transaction
  • Established representative office in Japan
  • Attracted a new investor, Prudential Financial, Inc., to support future growth
2017
  • Recognised as Top 39 Global Reinsurance Group by S&P and Top 43 by A.M. Best
  • Named “Asian Reinsurer of the Year” for second consecutive year by Asian Banking & Finance
  • Established Labuan branch in Malaysia
  • Authorised as a life and general reinsurer in Singapore
  • Exceeded US$1 billion in premiums
2016
  • Recognised as Top 40 Global Reinsurance Group by S&P and Top 50 by A.M. Best
  • Named “Asian Reinsurer of the Year” by  Asian Banking & Finance
  • Granted reinsurance licence for Zurich subsidiary
  • Attracted additional US$100 million of capital
  • Completed strategic investment (50% stake) in NAGICO
2015
  • Opened Zurich branch
  • Exceeded US$500 million mark in premiums
2014
  • Granted life licence
  • Broadened P&C lines with credit & surety business
  • Ventured into non-Asian markets
2013
  • Continued expansion in Asia Pacific
  • Exceeded US$100 million mark in premiums
  • Delivered profit in first full underwriting year
2012
  • Granted P&C licence
  • Obtained A.M. Best “A-” rating
  • Started underwriting operation in late December
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Accomplishments

Recognition

Top 31

Global Reinsurance Group

by A.M. Best

 

Top 29

Global Reinsurance Group

by S&P

 


Ratings

A- (A.M. Best)

A3 (Moody’s)

 


Awards

Asian Reinsurer of the Year

(2016 – 2020)
by Asian Banking & Finance