News China06 Apr 2018

China Re posts flat profit growth on 22% increase in GWP

| 06 Apr 2018

Hong Kong listed China Re Group has posted net profits of CNY5.34 billion (US$846 million) for 2017, 2% higher than for 2016. The flat profits were achieved on the back of GWP of CNY105.34 billion for the year ended 31 December 2017, 22% higher than in 2016 and investment gains of CNY9.26 billion, 20% more than in 2016.

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