Our Subsidiaries & Branches
Peak Re AG, Zurich, Switzerland
Peak Reinsurance AG (Peak Re AG) is a subsidiary of Peak Re dedicated to provide speedy and attentive reinsurance solutions on a multi-line and long-term basis to clients in European markets. Based in Zurich, Peak Re Ag opened its doors in 2015 and the following year, received its reinsurance license.
Through a combined presence in Zurich and Hong Kong, Peak Re can maintain a single underwriting platform that provides our clients with a service offering fully compliant with European regulations, while delivering Peak Re’s values of strong client focus and prompt claims settlement.
Peak Re AG is Solvency II-compliant under the Swiss Solvency Test.
To find out more about Peak Re AG contact via firstname.lastname@example.org
- 23 December 2016 – Peak Re receives licence to set up a reinsurance subsidiary in Zurich
- Financial Condition Report 2020
- Financial Condition Report 2019
- Financial Condition Report 2018
- Financial Condition Report 2017
Branch, Labuan, Malaysia
In 2017, Peak Re was granted approval by the Labuan Financial Services Authority to carry on general reinsurance business in and through the Labuan insurance market. Our Labuan branch has provided us with greater access to the Malaysian market and highlights our commitment to further expand our presence in Asia to support our clients in the region.
Representative office, Tokyo, Japan
In a year when Japan experience its largest-ever typhoon loss, Peak Re affirmed its commitment to this key market by establishing a representative office in Tokyo. The move also highlights our commitment to drive positive change for business and society, and to support our clients.
Peak Re’s representative office in Japan is led by Mr Satoshi Ichihara who has had a distinguished career with MSI and was recently Chief Representative of Catlin in Japan.
- 11 June 2018 – Peak Re underscores commitment in Japan market by appointing Mr. Satoshi Ichihara as Chief Representative in Japan
Peak Capital, Hamilton, Bermuda
Peak Capital is a wholly-owned subsidiary of Peak Re. It was formed in 2020 following Peak Re’s 100% acquisition of the Bermuda-based Insurance-Linked Securities investment specialist, Lutece, and renaming it Peak Capital.
Its objective is to yield attractive returns based on the risk/return appetite of its investor base.
Peak Capital is made up of top-tier professionals with strong ILS and structuring expertise. Supported by Peak Re’s in-depth insights into the Asian markets, Peak Capital is able to develop differentiated and innovative (re)insurance products to both customers and investors, and eventually expedite Peak Re’s mission to closing the protection gap in Asia.
- 5 May 2020 – Peak Re completes Lutece acquisition and rebrands the Bermuda-based ILS investment specialist “Peak Capital”
- 8 April 2020 – Peak Re to acquire Bermuda based ILS asset manager Lutece
NAGICO, Philipsburg, St. Maarten
In 2015, Peak Re acquired a 50% stake in the NAGICO Group (Nagico). With over 33 years of operating history, NAGICO offers personal and commercial property and casualty products in the Dutch, French and most of the English-speaking Caribbean. NAGICO has leading market positions in several territories including St. Maarten, its headquarters.
Nagico is a financially strong and stable group due to risk management being at the core of its decision making, it is a preferred provider in the region and #1 in many of the islands, due to its reliability, trustworthiness and friendly service – its core values.