China Re reports RMB 2.4bn net profit in 9M’24 led by strong P&C performance
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...
Recommended Articles
Posted: Jul 01, 2025
Specialty re/insurance rates remain adequate on average and are trending downward, though a soft mar...
Posted: Jul 01, 2025
Global insurer Chubb has announced the appointment of Mark Shaw as Division President of Chubb Workp...
Posted: Jul 01, 2025
The independent specialist insurance and reinsurance broker, BMS Group, has expanded its global pres...