Company: China Re Page 2 / 2
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- January 24 2024
China Re can absorb Great Wall AMC write-off hit: S&P Global
Losses from a potential full write-off of the reinsurer's 6.5% stake in the state-owned bad debt manager would be within the reinsurer's capital buffer backing its rating.
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- January 16 2024
China’s ‘real estate development model 2.0′ keeps non-life insurers’ growth buoyant
Government spending on affordable housing and public facilities will cushion insurers from the sector's downturn, sustaining the country's P&C premium growth of at least 7% for 2023 and 2024.
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- January 8 2024
PICC, China Re, China Taiping have ‘trillions of yuan’ exposure to Belt & Road projects, nat cat
The three leading Chinese (re)insurers said they provided coverage to the country's high-tech, aerospace sectors, infra projects and cat relief with the sum insured amounting to several trillion yuan each.
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- December 14 2023
China rolls out red carpet for foreign marine insurers to boost reinsurance capability
Local insurers' underwriting and loss prevention capabilities can be improved, according to a guiding opinion jointly issued by the central bank and several financial regulators.
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- November 20 2023
AM Best affirms China Re’s rating on strong capitalisation
The rating agency noted Chaucer continues to be the major driver of overseas non-life reinsurance revenue and helps strengthen the group’s business footprint in the global reinsurance market.
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- August 31 2023
Chaucer’s COR turnaround propels China Re H1 results
The global specialty player benefited from rising rates and lower losses from catastrophes.
