Peak Re

Family plays a central role in the lives of Asia’s middle class, shaping purchase decisions and priorities.   In our survey, over 70% of respondents identified themselves as the primary support for children and parents, highlighting that family responsibilities are a key source of stress.    Today’s insurance needs go now well beyond individual protection. Insurers should offer solutions that resonate more with family values and priorities.   Understand more in our full report — Peak Re 2024 Asia Middle-Class Consumer Survey: https://lnkd.in/gq_mvCmr #MiddleClass #EmergingMarket #Reisnruance #Insurance #ConsumerSurvey

Peak Re wishes you a very Happy Diwali and a prosperous new year!

Yesterday, the Peak Re team had a fantastic time celebrating Global Diversity Awareness Month! We hosted a mini fiesta to honor our 177 employees from 21 nationalities, speaking 23 languages and 5 dialects. It was a joyful celebration with a wonderful mix of backgrounds. Team members wore traditional attire, adding vibrant colors and showcasing amazing outfits from around the world. We savored delicious food from different cultures, tested our knowledge with a fun quiz, and celebrated the best-dressed participants with music festival tickets. It was an incredible opportunity to connect, share and learn from one another. 🌍✨ #Diversity #Inclusion #GlobalAwareness

Bringing New Business to Rural Areas – Peak Re CSR Initiative In 2018, Peak Re first visited Yongping County in China’s Yunnan province as part of the Rural Doctors Poverty Alleviation Programme. This community is home to one of the highest tea gardens in the world, perched more than 2,500 meters above sea level. Despite its natural beauty and rich cultural diversity, Yongping faces challenges like frequent natural disasters, poverty, and limited infrastructure. To support the community sustainably, we launched a program to buy, package, and promote the region's exceptional teas. These new sales opportunities provide crucial income for household expenses, medical needs, and education. Peak Re employees are actively involved in packing pesticide-free, handpicked teas into specially designed gift boxes to promote this beautiful tea worldwide. On August 30th, our team packed 1,000 tea packages and afterward rewarded ourselves with delightful locally made ice cream. Through these efforts, Peak Re aims to uplift local tea farmers and foster resilience in this remarkable community. We warmly invite others to join us in making a positive impact together. #PeakRe #CSR #CommunitySupport #Sustainability

Peak Re is excited to announce the launch of the third edition of our Consumer Survey. This comprehensive survey, conducted in collaboration with Intuit Research, focuses on three key areas this year: Women, Old age care, and Family. Our CEO, Franz-Josef Hahn, emphasizes, "This survey underscores our commitment to bringing resilience and supporting economic growth for the middle class in emerging Asia. By helping the industry better understand their needs, we aim to provide innovative solutions and contribute to the sustainability of these communities and beyond." Explore the Full Report: https://lnkd.in/gq_mvCmr We extend our gratitude to everyone involved in making this project a success. We look forward to your feedback and continuing the conversation on these important topics. 2023 Report: https://lnkd.in/gPwba-R9 2022 Report: https://lnkd.in/gy96VTgD #ConsumerSurvey #InsuranceIndustry #MarketInsights #AsiaMiddleClass #CommunitySupport

Peak Re hosted the inaugural Peak Re Forum 2024 – Sustainability in a Changing World this Monday. The event was a resounding success, bringing together leaders across academia, public sectors, AI experts, and the industry to explore transformative trends that are reshaping risk management and business development in the insurance sector. Climate Change: At the forefront of our discussions, we delved into groundbreaking research offering unique insights into the risks faced by Asia due to increasingly severe climate catastrophes. Our expert speakers shared priorities and strategies on building regional resilience against extreme weather events. Emerging Opportunities: We unveiled our latest Emerging Asia Middle Class survey, highlighting significant developments in this rapidly growing segment. The insights revealed exciting opportunities for the insurance industry to bridge the protection gap. Special Thanks: A heartfelt thank you to our esteemed guests and speakers for making this event a success. Your contributions were invaluable. Professor Yoshihiro Kawai, HKIA Mr. Clement Lau, Professor Alexis Lau from HKUST, Professor Deliang Chen, Ph.D.Wing-Mo Leung, Butch Bacani, Mr. Zhong from Fuxi Climate, Luxi Zhou, Dr. Jaime Aristotle B. ALIP, Denden Tesoro, Dr. Pongpanu Damrongsiri, Steven Lam, CFA, Tony Gallagher, Sudhir Salian, Clarence Wong, Iain Reynolds, Franz-Josef Hahn For Those Who Missed It: We’ve captured the essence of the discussions in video recordings. These will be shared via the Peak Re newsletter soon—stay tuned! #PeakReForum #Sustainability #ClimateChange #Insurance #EmergingMarkets

See you next Monday at the 2024 Peak Re Forum - Sustainability in a Changing World! Join Franz-Josef Hahn, CEO of Peak Re, and our esteemed speakers for engaging discussions on climate change risks and opportunities. Discover the major opportunities emerging in Asia, the world's most dynamic economic region. This forum will explore transformative trends reshaping the insurance industry's approach to risk management and business development. Date: 23 Sep 2024, registration starts at 1 PM Venue: Hong Kong Palace Museum, GF Auditorium Room Don’t miss this chance to gain valuable insights and stay ahead in the industry. For more details and to RSVP, visit: https://2vx.co/xX6N9zR #PeakReForum #ClimateChange #Sustainability #Insurance

Peak Re is thrilled to announce our inclusion in the prestigious 2024 IB Asia Top Insurance Employers list! We take immense pride in being recognized as a top employer in the insurance industry. "Our success is driven by our incredible team, whose passion and dedication make all the difference." - Franz-Josef Hahn, CEO of Peak Re. This honor reflects our commitment to excellence and the dedication of our agile, entrepreneurial, and innovative team. A huge thank you to our colleagues for their participation and contribution. We also extend our gratitude to Insurance Business Asia for this recognition. #PeakRe #TopEmployer #Agile #EntrepreneurialSpirit #Teamwork #CourageToDeliver

AM Best has reaffirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of a- (Excellent) of Peak Reinsurance Company Limited in Hong Kong and its subsidiary Peak Reinsurance AG in Switzerland. At the same time, the rating agency revised the rating outlook to stable from negative. This highlights our strong balance sheet, effective risk management, and commitment to excellence. CEO Franz-Josef Hahn expressed appreciation for AM Best’s decision, recognizing our robust fundamentals and team dedication. We remain committed to serving our clients with excellence and reliability. For more information on the rating, please see AM Best’s press release.  https://lnkd.in/g9cZJqBE #PeakRe #FinancialStrength #RiskManagement

The countdown begins! The Peak Re Forum - Sustainability in a Changing World is just 34 days away. Join us for this insightful event where Luxi Zhou, meteorologist at Peak Re, will explore the risks and opportunities of climate change alongside our renowned speakers. Discover how enhanced models and improved projection accuracy can revolutionize underwriting and portfolio management. Don't miss this chance to gain valuable insights and stay ahead in the industry! RSVP for the 23 Sep Forum at Hong Kong Palace Museum: https://lnkd.in/gwKVwhjU #ClimateChange #Underwriting #PortfolioManagement #Riskmanagement