Peak Re announced its full-year financial results for the year ended 31 December 2024. With a net profit after tax of $187m - the company's second-best results in its twelve-year history - the company demonstrated resilience and sustained profitability amidst a turbulent risk environment. The Reinsurer's return on adjusted equity stood at a healthy 15.7%, and total equity rose to $1.43bn, supported by strong underwriting and investment performance across all lines of business.