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

US wildfires & SCS push global insured losses to at least $100bn in H1’25: Aon

Posted: Jul 15, 2025

Global insured losses from catastrophe events in the first half of 2025 increased to at least $100 b...

Moody’s Ratings assigns Marco Re with A3 IFSR and stable outlook

Posted: Jul 15, 2025

Credit ratings agency Moody’s Ratings has assigned an A3 insurance financial strength rating (IFSR)...

Mitigation measures can reduce malware risk by 50%–80%: CyberCube & Munich Re

Posted: Jul 15, 2025

Patch management, network segmentation, and data backups can reduce the likelihood and financial imp...