Peak Re has reported robust financial performance for FY2025, achieving significant growth across key metrics and reinforcing its position as a fast-expanding global reinsurer.
According to results released by Fosun International Limited, Peak Re’s reinsurance revenue rose by 32.8% year-on-year to $1.54 billion, supported by strong business momentum and continued expansion across global markets.
The company also recorded a 25% increase in gross written premiums, reaching $2.2 billion, alongside a 12.7% rise in reinsurance service results to $162.9 million. Net profit after tax came in at $189.5 million, while net assets grew to $1.68 billion, underpinned by a solid solvency coverage ratio of 190%.
Peak Re’s performance was driven by its ongoing global diversification strategy, as well as a focus on product innovation, portfolio optimisation, and disciplined underwriting. The reinsurer has continued to strengthen its presence in high-growth markets such as India, while also expanding further across Europe and North America.
The company also enhanced its capital position during the year through the successful issuance of $350 million in perpetual subordinated guaranteed capital securities. The offering was significantly oversubscribed, reflecting strong investor confidence in Peak Re’s strategy and long-term growth prospects.
In addition, Peak Re has received continued validation from rating agencies, with Moody’s affirming its ‘Baa1’ rating with a positive outlook, and AM Best maintaining its ‘A-’ (Excellent) financial strength rating.
Looking ahead, Peak Re remains focused on sustaining its growth trajectory through client-centric solutions, underwriting discipline, and ongoing innovation. With a strong capital base and an expanding international footprint, the reinsurer is well positioned to capture new opportunities and deliver long-term value in an evolving global risk landscape.
