Domestic P&C Reinsurance Business

This section refers to the domestic P&C reinsurance business operated by China Re P&C. In 2023, the Gross Written Premium (GWP) income from domestic P&C reinsurance business reached RMB 44.01 billion, with a year-on-year growth of 4.5%.

Business Mix

The majority of domestic reinsurance business was composed of proportional treaties, which was in line with the overall business mix in China’s P&C reinsurance market.

Lines of Business

As the largest professional P&C reinsurer in China, the Company responds to the demands and characteristics of the domestic market by providing diversified P&C reinsurance solutions. These products cover a range of P&C lines including Agriculture, Motor, Commercial Property, Liability, Engineering, etc.