Peak Re has announced a leadership transition, appointing Victor Kuk as its new Chief Executive Officer, succeeding co-founder Franz-Josef Hahn, who will move into a Special Advisor role later this year.
Subject to regulatory approval, Kuk will officially assume the CEO position on April 20, 2026, leading the Hong Kong-based reinsurer into its next phase of growth across Asia-Pacific and global markets.
Kuk joins Peak Re from Swiss Re, where he most recently served as CEO of Swiss Re Asia and Head of its P&C Reinsurance Market Unit. He brings more than two decades of experience in the insurance and reinsurance sector, particularly across Asian markets. His previous roles include senior leadership positions at AXA and QBE Insurance, where he held responsibilities spanning general insurance and risk management.
Hahn, who has led Peak Re for over ten years, will transition to Special Advisor, where he will continue to provide strategic guidance until October 2026. During his tenure, he played a key role in establishing Peak Re as a globally recognised reinsurer with a strong footprint in high-growth markets.
The appointment comes as Peak Re looks to strengthen its position and expand its global reach amid evolving market dynamics, including climate-related risks, economic uncertainty, and increasing technological transformation within the reinsurance sector.
Chairman Vincent Li highlighted Hahn’s contribution to building the company’s foundation and expressed confidence that Kuk’s leadership experience will support the firm’s continued growth and diversification strategy.
With Kuk at the helm, Peak Re is expected to focus on enhancing client partnerships, driving innovation, and capitalising on opportunities across key international markets, as the company enters its next stage of development.
