China Reinsurance (Group) Corp.’s (China Re Group) capital buffer has strengthened, supported by capital gains and solid underwriting profits in recent years. This will enhance the group’s capacity to absorb potential investment and underwriting volatility over the next two years. We revised our assessment of the group’s capital and earnings to strong from satisfactory and stand-alone credit profile (SACP) to'a'from'a-'. We affirmed our'A'long-term insurer financial strength and issuer credit ratings on China Re Group and its core subsidiaries. The stable outlook on the long-term ratings reflects our view that the group will maintain its very robust competitive position and strong capital adequacy over the next two years. On Nov. 4, 2026, S&P Global Ratings affirmed
