News Reinsurance24 Sep 2021

Hong Kong:Taiping Reinsurance posts positive 1H operating results

| 24 Sep 2021

The net earnings of Taiping Reinsurance (TPRe) turned negative in 2020, the first time in the past 10 years, mainly dragged by higher impairment losses and increasing pressure on underwriting profitability due to COVID-19 and a number of large losses reported in the year, notes AM Best.

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