During 2025, the growth of Peak Re was primarily driven by the continued deepening of its global diversification strategy. It strengthened its presence in high-growth emerging markets such as India, while further expanding its penetration in the mature markets of Europe and North America.
Hong Kong:Hong Kong based reinsurer Peak Re’s gross premium rose by 25 per cent year-on-year to USD2,203.1 million in 2025.
Peak Re recorded a net profit after tax of USD189.5 million, net assets increased to USD1.68 billion, and the solvency coverage ratio was maintained at a healthy 190 percent in 2025. In 2024, the reinsurer had net profit of USD 187 million.
Fosun group, which holds 86.71per cent equity interest in Peak Re.
During 2025, Peak Reinsurance delivered resilient performance amid a complex
and volatile global reinsurance landscape.
Reinsurance revenue increased 32.8 per cent year-on-year to USD1,535.2 million, while the reinsurance service result improved 12.7 per cent year-on-year to USD162.9 million.
During the reporting period, the growth of Peak Reinsurance was primarily driven by the
continued deepening of its global diversification strategy. It strengthened its
presence in high-growth emerging markets such as India, while further expanding its
penetration in the mature markets of Europe and North America.
Through product innovation, enhanced business portfolio, and disciplined underwriting, Peak Reinsurance successfully achieved premium growth and increased in overall profitability.
Supported by a lean and efficient operating model, Peak Reinsurance maintained an effective balance between business expansion and risk management.
During the Reporting Period, Peak Reinsurance, via its wholly-owned subsidiary, successfully issued USD350 million of perpetual subordinated guaranteed capital securities. The issuance was significantly oversubscribed, underscoring international investor confidence in the Peak Re’s strategic positioning, risk management capabilities, and long-term prospects.
Credit rating agencies continued to reflect confidence in Peak
Reinsurance: Moody’s affirmed the ‘Baa1’ Insurance Financial Strength Rating (IFSR) and
upgraded the outlook to Positive in April 2025, while A.M. Best affirmed the Financial Strength
Rating of ‘A-’ (Excellent) and the long-term issuer credit rating of ‘a-’ (Excellent) with a Stable
outlook for Peak Reinsurance and its subsidiaries in September 2025.
Looking ahead to 2026, Peak Reinsurance will maintain strict disciplined underwriting and
client-centric focus solutions. Backed by a solid global platform, strong capital base, and
ongoing innovation capabilities, Peak Reinsurance is well positioned to deliver both sustainable
and profitable growth of premium income and net profits