China Reinsurance discloses financial data for key subsidiaries

China Reinsurance (Group) Corporation (HKEX:1508) has announced the unaudited financial results for its subsidiaries, China Re Life and China Re P&C. The announcement includes the financial data and solvency statements for China Re Life for the three months ended 31 March 2025, highlighting a net profit of RMB1,147,477,216.98 and total assets of RMB310,111,524,102.75. Simultaneously, the group disclosed consolidated financial information for China Re P&C for the same period, noting a net profit of RMB620,870,602.92 and total assets of RMB147,526,848,505.15. These disclosures satisfy requirements tied to the issuance of capital supplementary bonds by both subsidiaries in previous years. Additionally, the group mentioned its plans to publish the 2024 annual reports, audit reports, and audited solvency statements for China Re P&C and China Re Life. This upcoming release will detail the previous year's financial performance, and will be available on the HKEX and company websites. Investors are advised to exercise caution when dealing in the shares of the Company.