China Reinsurance (Group) (1508) Q3 2026 earnings summary

Executive summary

• China Re P&C and China Re Life reported unaudited nine-month net profits of RMB997.0 million and RMB1.144 billion, respectively, for the period ended 30 September 2026.

• Combined total comprehensive income was RMB2.704 billion, based on reported figures for the two subsidiaries.

Financial highlights

• China Re P&C reported operating income of RMB21.921 billion, operating profit of RMB1.106 billion and profit before tax of RMB1.104 billion for 9M 2026.

• China Re Life reported operating income of RMB13.408 billion, operating profit of RMB1.254 billion and profit before tax of RMB1.251 billion for 9M 2026.

• Net profit was RMB996.982 million at China Re P&C and RMB1.144 billion at China Re Life; total comprehensive income was RMB1.396 billion and RMB1.308 billion, respectively.

Segment performance

• China Re P&C generated RMB20.331 billion of insurance revenue within total operating income of RMB21.921 billion for 9M 2026.

• China Re Life generated RMB9.198 billion of insurance revenue within total operating income of RMB13.408 billion for 9M 2026.

• China Re Life recorded RMB3.394 billion of investment income, while China Re P&C recorded RMB1.144 billion for 9M 2026.