A.M. Best Affirms Credit Ratings of Peak Reinsurance Company Limited and Its Subsidiary

HONG KONG–(BUSINESS WIRE)–A.M. Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” of Peak Reinsurance Company Limited (Peak Re) (Hong Kong) and its subsidiary, Peak Reinsurance AG (Peak Re AG) (Switzerland). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect Peak Re’s balance sheet strength, which A.M. Best categorizes as very strong, as well as its adequate operating performance, neutral business profile