China Reinsurance (Group) Corp. Class H (HK:1508) has released an update.
China Reinsurance (Group) Corp. has released its solvency and financial indicators for Q3 2024, showcasing strong solvency adequacy ratios across its subsidiaries, with the core solvency adequacy ratio of the group at 330%. The company reported solid financial performance with a net profit of RMB 2,411 million and an investment yield of 4.15%, indicating a stable financial position for investors. These results highlight the robust capital position and efficient operational management by China Reinsurance, making it an attractive prospect for investors in the insurance sector.
For further insights into HK:1508 stock, check out TipRanks’ Stock Analysis page.
