Peak Re tallies ninth straight year of premium growth

“Multiple severe natural disasters were a key feature that underpinned the 2021 performance of the global reinsurance industry and Peak Re’s P&C business,” said Franz Josef Hahn, CEO of Peak Re. “But the company’s strong analytical capability to discern risks and a globally diversified portfolio helped mitigate the financial impacts.”

Peak Re’s life and health (L&H) reinsurance business grew strongly in 2021, accounting for 11% of total gross written premiums. Over the year, Peak Re reported stable revenue growth in Asia-Pacific and significant premium increases in the Americas and EMEA. In 2021, 55% of the company’s revenue (based on gross

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