China Re’s net profit up ~91% in 2024
Reinsurance News - Mar 28, 2025
China Re, the country’s state-owned reinsurance company, reported a net profit of RMB 11,080,440 million (USD 1.53bn) for the year ended 31 December 2024, marking a roughly 91% increase from RMB 5,790,593 million (USD 797m) recorded the same period a year prior. This increase aligns with China Re’s...
Recommended Articles
Posted: Apr 02, 2025
Increased competition, capacity and engagement have improved the Indian reinsurance market condition...
Posted: Apr 02, 2025
Tokio Marine HCC (TMHCC) International, part of the Tokio Marine HCC group of companies, has announc...
Posted: Apr 01, 2025
Global advisory, broking, and solutions firm WTW has announced the acquisition of Global Commercial...