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International

China Re's profit surges 42%

September 03, 2019 Reprints

China Reinsurance (Group) Corp.'s net profit grew more than 42% year over year to 3.3 billion Chinese yuan ($460 million) in the first half of this year, Asia Insurance Review reported. The growth was driven by financial reinsurance and the inclusion of premium income from U.K.-based Chaucer Syndicates Ltd.

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China Re's profit surges 42%

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