China Re estimates 65% H1 profit rise driven by improved rates
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China Re estimates 65% H1 profit rise driven by improved rates

Samuel Casey
26 July 2021
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Beijing Central Business district buildings skyline night, beijing China cityscape

China Re has said it expects net profit for the first half of 2021 to increase by between 55% and 65% on the prior year period, thanks to improved underwriting results in its international business.

The Chaucer owner said that the improvement of results was driven by optimisation of the international unit’s business structure and an increase in premium rate, as well as an improved investment income.

The

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