News Asia02 May 2025

Hong Kong:Peak Re posts strong results for 2024

02 May 2025

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.

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