China Re, Asia's largest reinsurance company, reported a combined premium income of 38.1 billion yuan ($5 billion) last year, the company said in an e-mailed statement.
The insurer's combined assets also totaled 101.6 billion yuan, exceeding 100 billion yuan for the first time. According to Li Peiyu, chairman of China Re, the company will strengthen its internationalization strategy during the 12th Five-Year Plan (2011-2015), through cross-border cooperation and merger and acquisitions.
Source:China Daily
The insurer's combined assets also totaled 101.6 billion yuan, exceeding 100 billion yuan for the first time. According to Li Peiyu, chairman of China Re, the company will strengthen its internationalization strategy during the 12th Five-Year Plan (2011-2015), through cross-border cooperation and merger and acquisitions.
Source:China Daily
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