China Reinsurance Group (China Re) announced its 2024 financial results, showing steady premium growth and sharply improved profitability. The group's gross written premiums reached CNY178.48bn ($24.5bn), up 0.9% YoY. Insurance service income also rose 1.6% to CNY101.36bn. Net profit attributable to shareholders surged 86.8% to CNY10.56bn, while return on equity (ROE) improved by 4.52% to reach 10.74%. The company declared a dividend of CNY0.05 per share, up 19.0% YoY.