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China Reinsurance Releases 2024 Financial Reports and Solvency Statements

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China Reinsurance (Group) Corp. Class H ( (HK:1508) ) has shared an announcement.

China Reinsurance (Group) Corporation announced the release of its annual reports, audit reports, and audited solvency statements for the year ended December 31, 2024, for its subsidiaries China Re P&C and China Re Life. The company has successfully issued capital supplementary bonds worth RMB4.0 billion and RMB5.0 billion in the National Interbank Bond Market. This disclosure is in compliance with relevant regulations and aims to enhance transparency and accountability, potentially strengthening the company’s market position and investor confidence.

More about China Reinsurance (Group) Corp. Class H

China Reinsurance (Group) Corporation is a major player in the reinsurance industry, offering property and casualty reinsurance as well as life reinsurance services. The company operates primarily in the Chinese market, focusing on providing capital supplementary bonds to support its subsidiaries, China Re P&C and China Re Life.

YTD Price Performance: 3.00%

Average Trading Volume: 40,598

Technical Sentiment Signal: Hold

Current Market Cap: €4.1B

For an in-depth examination of 1508 stock, go to TipRanks’ Stock Analysis page.

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