CHINA RE (01508) announced its financial results for the year ended December 31, 2025. The Group recorded total revenue of RMB 124.928 billion, representing an increase of 5.75% compared to the previous year. Net profit attributable to equity shareholders of the parent company was RMB 9.771 billion, a decrease of 7.44% year-on-year. Earnings per share were RMB 0.23. The Board proposed a final dividend of RMB 0.0691 per share.
According to the announcement, the decrease in profit was primarily due to the Group's prudent assessment of assets and liabilities in response to the macroeconomic environment and market changes, which further enhanced its resilience for sustainable growth.
In 2025, CHINA RE remained firmly committed to high-quality development and consistently implemented its operational philosophy of "scale in development, profitability in underwriting, and prudence in investment." The Group advanced the restructuring of its business portfolio, achieving gross premium income of RMB 180.368 billion, up 1.1% year-on-year. Insurance service revenue reached RMB 103.087 billion, an increase of 1.7%.
Proactively responding to external market fluctuations and internal business transformation, the Group maintained a steady and cautious approach in evaluating its assets and liabilities. It reported a net profit of RMB 10.217 billion, down 7.8% from the prior year. Both the Group's solvency position and international credit ratings remained stable. Throughout the reporting period, CHINA RE maintained an "A (Excellent)" rating from A.M. Best and an "A" rating from S&P Global Ratings, reflecting its sound financial condition.
In 2025, the Property Reinsurance segment reported insurance service revenue of RMB 45.812 billion, a slight decrease of 0.5% year-on-year, accounting for 43.7% of the Group's total insurance service revenue (before inter-segment eliminations). Pre-tax profit was RMB 6.566 billion, remaining flat compared to the previous year. Net profit for the segment stood at RMB 5.114 billion, down 1.2%.