News China02 Oct 2020

Savings-type reinsurance business drives China Re's life reinsurance premium in 1H

| 02 Oct 2020

In the first half of 2020, reinsurance premium income from China Re's life and health reinsurance segment amounted to CNY50,500m ($7,347m), representing a year-on-year increase of 31.4% and accounting for 48.9% of the Group's GWPs (before inter-segment eliminations). This was mainly due to the growth in the savings-type reinsurance business, says China Re in its interim financial report.

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