Peak Re lifts former SCOR leader to chief underwriting officer

Hong Kong-based global reinsurer  Peak Reinsurance Company (Peak Re) has tapped a former SCOR leader to take up the role of chief underwriting officer (CUO).

Piotr Nowakowski, currently director, head of product underwriting for property and casualty (P&C) business, will become the company’s new CUO. He will continue to be based in Hong Kong.

In his new role, Nowakowski will lead the P&C business team with a focus on underwriting expertise, portfolio management and solution development. He will report to Franz Josef Hahn (pictured), chief executive officer of Peak Re.

Nowakowski joined Peak Re in January 2022 from Echo Re Switzerland where he served as the chief underwriting officer for nearly a decade. Before Echo Re, he worked for the French reinsurer SCOR for more than 16 years across local, regional and global positions, including nine years as general manager at SCOR’s Japan office in Tokyo. At SCOR, he has also served as head of strategy & development and general secretary for the global P&C business based in Paris.

Hahn commented: “I would like to congratulate Piotr, who has been with us since January 2022, on his new role. Bringing with him more than two decades of global reinsurance experience, Piotr’s technical expertise, international experience and underwriting capabilities greatly enhance our cooperative underwriting model and we are confident that his leadership will help drive the Company’s further sustainable and profitable growth.”

Did you get value from this story? Sign up to our free daily newsletters and get stories like this sent straight to your inbox.