China Reinsurance

China Reinsurance (Group) Corporation is the only state-owned reinsurance group in China. It is headquartered in Beijing and acts as a national reinsurer, helping primary insurance companies transfer and manage large-scale risks.

China Re maintains strong capital position over short to medium term

AM Best highlighted that China Re’s investment mix has stayed largely stable.

China Re's profitability consistent over five years: AM Best

Under IFRS 17 and IFRS 9, consolidated capital and surplus rose by 4.8% to $14.4b.

China Re to expand role in agri and catastrophe coverage

The group is also likely to continue its international expansion.

China Re expects H1 net profit jump up to 65% 

This comes at the back of improved underwriting profits and optimized asset allocations.