China, China Re’s profit rising sharply in 2015
China Reinsurance Group’s profits attained 7.68 billion CNY (1.18 billion USD) in 2015. This 40.2% increase reported in one year is coupled with a 9.1% progression of gross premiums collected at 80.4 billion CNY (12.4 billion USD).
The premiums in non-life, life and health classes of business have exhibited respective growths of 2.5%, 9% and 18.8% over one year. Return on equity for 2015 is set at 13%.
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Tue, 17/05/2016 - 08:55
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