China Reinsurance Group: China Re reports RMB 2.4bn net profit in 9M'24 led by strong P&C performance

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 from January to [...]The post China Re reports RMB 2.4bn net profit in 9M'24 led by strong P&C performance appeared first on ReinsuranceNe.ws.