Peak Reinsurance Company Ltd (Peak Re), the Hong Kong based reinsurer backed by Fosun International Limited and International Finance Corporation, has announced four key appointments to strengthen its underwriting and research capabilities in the Asia Pacific region.
These new hires are part of Peak Re’s strategic plan to bring world-class reinsurance experience to the region. Lay-Hui Lim joins Peak Re as Senior Vice President (SVP) of Underwriting and will lead the company’s marine business.
Jasmine Miow is the SVP for the Global Markets. She will utilize her multi-faceted skill set gained in the international reinsurance industry to enhance Peak Re’s client relationships in the region. Shibo Zhang will oversee the China market as SVP and will focus on strengthening Peak Re’s client coverage in this market, central to Peak Re’s development plans.
Supporting the underwriting team is Arina Tek who is appointed Assistant Vice President, Market Research & Analysis. She will be responsible for developing comprehensive research model in Asia Pacific’s key markets, contributing a rich source of information and analysis for senior management and the underwriting team.
These new appointments boost Peak Re’s underwriting and research capabilities significantly, allowing the company to offer a more diverse range of reinsurance solutions to its clients. Peak Re can now develop marine business in its chosen sectors of cargo and coastal hull, in addition to its initial provision of property and casualty treaty reinsurance.
Since its launch in December 2012, Peak Re has successfully made strong in roads as a trusted reinsurer delivering solutions to address specific emerging market challenges around the region. It needs a dynamic team to establish a strong brand, hence the Peak Re senior management is steadily building a talented and experienced core team of underwriters, researchers and analysts.
Commenting on the new appointments, Franz Hahn, CEO of Peak Re said: “I am delighted to have these high calibre individuals joining Peak Re. They all come from varied backgrounds and each has a strong track record in their respective fields. I am certain they will make key contributions to our research and underwriting credentials in Asia Pacific. Peak Re is committed in serving the Asia Pacific region and we will continue to strive to be a leader of change in the reinsurance industry.”