The latest announcement is out from China Reinsurance (Group) Corp. Class H ( (HK:1508) ).
China Reinsurance (Group) Corporation has announced an expected increase in net profit attributable to its equity shareholders by approximately 80% to 100% for the year 2024, compared to 2023. This anticipated growth stems from the company’s strategic focus on expanding business scale, improving underwriting performance, and achieving growth in investment income, highlighting its strong operational capabilities and market positioning.
More about China Reinsurance (Group) Corp. Class H
China Reinsurance (Group) Corporation is a leading enterprise in the reinsurance industry, providing risk management solutions primarily through reinsurance products and services. The company focuses on expanding its business scale and enhancing underwriting profits while ensuring prudent investment practices.
YTD Price Performance: 6.00%
Average Trading Volume: 40,848
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €4.79B
See more data about 1508 stock on TipRanks’ Stock Analysis page.