China Reinsurance Group H1 profit rises

China Reinsurance (Group)

28/08/2026 12:18

Overview
China reinsurance provider's first-half net income attributable rose yr/yr to RMB 7.19 bln
Total income for the first half increased yr/yr
Total comprehensive income for the period declined yr/yr

Outlook
Company did not provide specific financial outlook

Result Drivers
INSURANCE REVENUE GROWTH - Higher insurance revenue contributed to increased total income
INVESTMENT INCOME - Increased investment income supported profit growth
EXCHANGE LOSSES - Exchange losses reduced total income

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
H1 Net Income Attributable
 
RMB 7.19 bln
 

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the reinsurance peer group is "buy"
Wall Street's median 12-month price target for China Reinsurance (Group) Corporation is HK$1.77, about 43.3% above its August 28 closing price of HK$1.24
The stock recently traded at 4 times the next 12-month earnings vs. a P/E of 4 three months ago

Reuters Recommended Reads
Aug 26 - China's New China Life Insurance H1 profit jumps 54% as margins rise
Aug 28 - China's Sunshine Insurance HY profit jumps on strong growth in life business
Aug 25 - Hong Kong's China Taiping profit jumps 90% on life insurance business growth

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)