China Reinsurance Forecasts 80% to 100% Rise in 2024 Profit

MT Newswires Live

2025/02/24

China Reinsurance (HKG:1508) forecasts its profit for 2024 will rise 80% to 100% from 5.65 billion yuan in 2023, according to a Friday filing with the Hong Kong Exchange.

The foreseen rise in profit is attributable to business expansion, higher underwriting profit, and prudent investments, according to the filing.

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