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

MS Transverse gets credit ratings upgrade from AM Best

Posted: Jun 20, 2025

AM Best, a credit rating agency, has upgraded the Financial Strength Rating of MS Transverse Special...

Aon’s NFP hires Darrin De Stephanis to drive commercial surety growth

Posted: Jun 20, 2025

NFP, a subsidiary of Aon and a global insurance brokerage and consultancy, has appointed Darrin De S...

Apollo’s Athora in talks to acquire PIC, reports Sky News

Posted: Jun 20, 2025

Athora, a savings & retirement services firm in Europe established by Apollo Global Management,...