Fosun International Limited has released the unaudited results for Hong Kong-based global reinsurer Peak Re for the first half of 2025, reporting gross written premiums (GWP) of $1.06 billion, a 25.1% increase compared to the same period a year earlier.
In H1’25, Peak Re achieved total revenue of $661 million, up 36.8% year on year.
The company reported net profit of $88.8 million, net assets of $1.52 billion, and maintained a healthy solvency level.
During H1’25, Peak Re continued to drive client-centric solutions and portfolio diversification.
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In March 2025, Peak Re expanded its footprint in emerging Asia by receiving a reinsurance branch licence as an IFSC Insurance Office (IIO) in GIFT IFSC, India, authorising both Property & Casualty and Life & Health business.
Its Bermuda-based subsidiary, Peak Reinsurance North America Ltd., obtained a 3B Insurer licence and maintained an A- rating from A.M. Best, further supporting its growth in North America and marking an important step in expanding the reinsurer’s global presence.
Peak Re also issued its second 144A catastrophe bond (Black Kite Re Limited Series 2025-1), the first such bond to include India.
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