Peak Re

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

On July 24th, Peak Re's volunteers participated in a blood drive organized by the Peak Re Social Committee in collaboration with the Hong Kong Red Cross Blood Transfusion Service, showcasing our commitment to giving back to the community. This initiative plays a crucial role in enhancing community resilience and well-being, aligning with our mission of sustainable impact. We're proud to support such meaningful causes and promote a culture of care and responsibility. A big thank you to everyone involved for their courage and generous spirit. Together, we’re making a difference! #CommunitySupport #BloodDonation #CourageToDeliver #ProudMomentatPeakRe

Discover groundbreaking insights at the Peak Re Forum 2024: “Sustainability in a Changing World” on 23rd September at the Hong Kong Palace Museum Auditorium Room. We're excited to feature Clarence Wong, Chief Economist at Peak Re. He will unveil insights from the upcoming Peak Re 2024 Middle-Class Consumer Survey, releasing during the East Asian Insurance Congress week of 23rd September 2024. Clarence will delve into crucial topics like elderly care and women's insurance. Watch the video below for a preview from Clarence! Don't miss out - reserve your spot today: https://2vx.co/xX6N9zR #middleclass #insurance #riskmangement

Poll Results: 49% of respondents want Peak Re to prioritise insights into the changing needs of elderly care in our next middle-class consumer report. We are experiencing a global trend of a rapidly ageing population. By 2050, one in four people in the Asia-Pacific region will be over 60.* Alongside other societal trends such as increasing longevity, changing family structures, and lower birth rates, the demand for elderly care is surging at an unprecedented rate. As a reinsurer, we recognise the importance of stepping up, offering enhanced coverage options, improving healthcare access, and addressing gaps in the public healthcare sector. Peak Re's survey will look into individuals’ changing needs in elderly care, uncovering new insights and opportunities. The report will be out in the fall. Follow us for updates. For the previous report: https://lnkd.in/ggRPq-mG *Source: United Nations Population Fund (UNFPA)

Peak Re is excited to present its inaugural Peak Re Forum 2024 - Sustainability in a Changing World！ Join us as we explore the major opportunities emerging in Asia, the world's most dynamic economic region. This forum will dive into the transformative trends reshaping the insurance industry's approach to risk management and business development. Event Details: *Date: 23 Sep 2024 *Venue: Hong Kong Palace Museum Auditorium Room Strategically planned in conjunction with the week of East Asian Insurance Congress in Hong Kong Climate Risk Insights: - Uncover cutting-edge research that provides unique insights and clarity into the risks posed in Asia by increasingly frequent and severe climate catastrophes. - Explore scientific advancements, innovative approaches and technological solutions that can effectively inform and enhance insurance practices to build resilience in uncertainty.   Risks and Opportunities: - Hear fresh perspectives from our Peak Re specialists and expert panelists from the industry, public sector, and academia, as they discuss strategies for navigating the protection gaps in Asia. - Gain insights into the key trends defining the outlook for the insurance market in Asia, driven by the region’s growing middle-class society and pressing concerns of rapid climate change. Engage with renowned experts, thought leaders, and industry pioneers at this landmark insurance forum. Learn about the latest trends, opportunities, and challenges in the Asian insurance market, and gain valuable insights to shape your organization's business strategies. Spaces are limited, REGISTER NOW! https://lnkd.in/gwKVwhjU Stay tuned for more updates!