China Re reports RMB 2.4bn net profit in 9M’24 led by strong P&C performance

Share!

Reinsurance News - Oct 30, 2024

China Reinsurance Group (China Re) has generated a net profit of RMB 2,411 million (USD 337m) for the first nine months of 2024, driven by a strong result of RMB 1,272 million (USD 178m) in its P&C business which produced a combined ratio of 98.65%. China Re attributed its group-wide net profit...

Read Full Article

Recommended Articles

AXA XL Re premiums up 10% to €2.4bn in 9M’24

Posted: Oct 30, 2024

Global insurer AXA’s property & casualty (P&C) and specialty risk division, AXA XL, ac...

Skyward Specialty’s GWP hit $400m for Q3’24, increase of 12%

Posted: Oct 30, 2024

Skyward Specialty Insurance Group, Inc. has reported a rise of 12.4% in gross written premiums (GWP)...

QIC Group sees net profit increase to QAR 525mn in 9M 2024

Posted: Oct 30, 2024

Qatar Insurance Company (QIC Group) has announced its financial results for the first nine months of...