China Reinsurance reports strong 2024 performance, outlines future strategy

China Reinsurance (Group) Corporation (HKEX: 1508) has released its 2024 annual report, showcasing a robust financial performance and outlining key strategic initiatives for the future. The group achieved a gross insurance revenue of RMB101.363 billion, a 1.6% increase year-on-year. Post-tax net profit surged by 91.3% to RMB11.080 billion, with net profit attributable to equity shareholders reaching RMB10.557 billion, an 86.8% increase. The Board is recommending a final dividend of RMB0.050 per share.