China Reinsurance Group Corp operates within the Life insurance sector.
In addition to historical fundamental analyses, the complete report available to purchase compares China Reinsurance Group Corp with three other
insurance companies in Asia:
Hanwha Life Insurance Co Ltd
of South Korea
sales of 18.17 trillion Korean Won [US$17.00 billion]
of which 113%
was Finance Segment),
Sony Financial Holdings Inc.
(1.33 trillion Japanese Yen [US$12.49 billion]
of which 93%
was Life Insurance Business), and
Shin Kong Financial Holding Company Limited
based in Taiwan
(393.91 billion Taiwanese Dollars [US$13.52 billion]
of which 55%
was Life Insurance Business).
During the year ended December of 2016, sales at
China Reinsurance Group Corp were 91.85 billion Chinese Renmimbi (US$14.51 billion).
increase of 6.6%
versus 2015, when the company's sales were 86.17 billion Chinese Renmimbi.
This was the fifth consecutive year of sales increases at China Reinsurance Group Corp
(and since 2011, sales have increased a total of 77%).
Sales of Asset Management saw an increase
that was more than double the company's growth rate: sales were up
280.3% in 2016, from
98.77 million Chinese Renmimbi to 375.63 million Chinese Renmimbi.
China Reinsurance Group Corp also saw significant increases in sales in
Life and Health Reinsurance (up 38.0% to 33.02 billion Chinese Renmimbi)
Primary Property and Caualty Insurance (up 13.9% to 30.50 billion Chinese Renmimbi)
Others (up 272.7% to 3.94 billion Chinese Renmimbi)
Not all segments of China Reinsurance Group Corp experienced an increase in sales in 2016:
sales of Property and Casualty Reinsurance fell 19.6% to 27.70 billion Chinese Renmimbi.