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Peak Re eyes European expansion after poaching Swiss Re veteran

Peak Re eyes European expansion after poaching Swiss Re veteran
intelligentinsurer.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from intelligentinsurer.com Daily Mail and Mail on Sunday newspapers.

United States , Matteo Cussigh , Emmanuel Thommen , Peak Reinsurance Company , Hong Kong Based , ஒன்றுபட்டது மாநிலங்களில் , உச்சம் மறுகாப்பீடு நிறுவனம் , ஹாங் காங் அடிப்படையிலானது ,

Peak Re more than doubles profits in 2020

Peak Re more than doubles profits in 2020
20-05-2021
More on this story
02-06-2020
Peak Reinsurance Company, the Hong Kong-based global reinsurer, reported strong growth across the business in its full year results for 2020, with particularly strong growth outside its core markets in Asia Pacific.
Peak Re reported net profit of $87.1 million in 2020, up from $34.9 million the previous year.
Gross written premiums (GWP) increased to just under $2 billion in 2020, from $1.66 billion in 2019.
It reported stable revenue growth in Asia Pacific and strong performance in the Americas and EMEA. In 2020, 61 percent of its revenue, based on GWP, was generated in Asia Pacific, with 29 percent coming from the Americas and 10 percent from EMEA. That represented an increase of 5.4 percent, 52.4 percent and 30.9 percent, respectively, compared to 2019. ....

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