China Re estimates 65% H1 profit rise driven by improved rates
  • X
  • LinkedIn
  • Email
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Email
  • Free Trial
  • Log in

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

Samuel Casey
26 July 2021
  • X
  • LinkedIn
  • Email
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Email
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

Subscribers, log in here:

Fuel a smarter strategy with our actionable market intelligence

      • Gain a competitive edge and accelerate decision-making
      • Be empowered by insights that transform confusion to clarity
      • Uncover growth opportunities and prepare for potential threats
      • Fuel a smarter strategy for business growth
Request a free trial Already a subscriber? Log in now

Topics

News Results Re/insurers
sam casey/sam casey ii red.png
Samuel Casey
Senior Reporter
Contact
Gift this article