Peak Re reports profit of $19.5 million in 2018
Posted On: May. 16, 2019 6:20 AM CSTHong Kong-based Peak Reinsurance Co. Ltd. reported a profit of $19.5 million in 2018 despite numerous severe natural catastrophes, Asia Insurance Review reports. Disasters that weighed on Peak Re's profits included Japan’s Jebi and Trami cyclones, the Florence and Michael hurricanes in North America and wildfires in California.