China Reinsurance
China Re maintains strong capital position over short to medium term
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.
Commentary
AI isn’t replacing insurance, it’s finally making it work