Peak Re doubles top line in 2015

Hong-Kong based reinsurer Peak Re has unveiled its full-year
results, reporting gross written premium growth of 102 percent to
$582.7mn in its third year of operation.
Premium growth was driven by larger shares gained and new
business in the Fosun subsidiary's core Asia Pacific markets,
together with its geographical expansion into Europe and the
Americas and entry into new lines of business including life and
casualty reinsurance.
The reinsurer's combined ratio fell 4.4 percentage points to
96.