China Reinsurance (group) Corp. Class H · HKEX:1508

China Reinsurance (group) Corp. Class H — FY2024 Earnings Presentation

27 slides from China Reinsurance (group) Corp. Class H's earnings presentation, Mar 31, 2025

1. Slide 1: China Reinsurance (Group) Corporation 2024 Annual Results

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2. Slide 2: Disclaimer

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3. Slide 3: Company overview

   2023 1 1 17 —— 9 —— 25 2006 3 26 2006 3 2009 15 22 23 24 2006 3 37 2014 23 3

4. Slide 4: ——— Mbt ————

   nA ——— Mbt ————

5. Slide 5: Business scale and growth 2016-2024

   176,849 178,483 7,023 161,574 162,732 169,765 6,049 144,973 5,711 5,954 5,880 122,257 5,146 5,256 105,336 86,677 3,730 1,871 2016 2017 2018 2019 2020 2021 2022 2023 2024 2016 2017 2018 2019 2020 2021 2022 2023 2024 1. 2. 5

6. Slide 6: Key financial results

   17,389 4.83% 2023 2024 9,304 2.77% 2023 2024 2023 2024   1. 2. 6

7. Slide 7: -  2.0           

   -  2.0           26  1300  64 800   7

8. Slide 8: CREST AI

         · CREST 11   AI  1.0 9 20   “ · ”  · 8

9. Slide 9: Solvency ratios

   285% 261% 225% 208% 194% 159% 150% 154% 11 A 15 A 9

10. Slide 10: —— Mb ar it ———

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11. Slide 11: Segment results

    22,192 22,557 99.53% 99.86% 31.42% 32.68% 68.11% 67.18% 2023 2024 2023 2024 11

12. Slide 12: 11,052 10,437 7,881 7,067 6,682 6,354 2,054 2,120

    11,052 10,437 7,881 7,067 6,682 6,354 2,054 2,120 12

13. Slide 13: 23,358 89.38% 85.74% 20,958 34.57% 35.34% 54.81% 50.40% 2023 2024 2023 2024 13

    23,358 89.38% 85.74% 20,958 34.57% 35.34% 54.81% 50.40% 2023 2024 2023 2024 13

14. Slide 14: 22,269 19,039 15,720 13,337 9,614 11,049 2019 2020 2021 2022 2023 2024 103.64% 99.25%

    22,269 19,039 15,720 13,337 9,614 11,049 2019 2020 2021 2022 2023 2024 103.64% 99.25% 94.81% 92.99% 87.55% 81.88% 2019 2020 2021 2022 2023 2024 14

15. Slide 15: ASHE DRIOULSS - PRIOR EAA INET & 2aB8

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16. Slide 16: 97.85% 97.67% 97.12% 96.80% 2021 2022 2023 2024

    97.85% 97.67% 97.12% 96.80% 2021 2022 2023 2024 16

17. Slide 17: 100.78% 46,558 46,914 99.66% 32.03% 27.98% 71.68% 68.75% 3 2024 2023 2024 17

    100.78% 46,558 46,914 99.66% 32.03% 27.98% 71.68% 68.75% 2023 2024 2023 2024 17

18. Slide 18: Why REL MS - RRSP OGY L254 Fa ASE & 2aB8

    Why REL MS - RRSP OGY L254 Fa ASE & 2aB8 ES) ews anes ERR 68.4% +0.3ppts ee 65.4% +0.3ppts SV RIER 70.1% +0.0ppt RNR RB FEE +2.9% | > Eizccen acne ya ib AAEERRE AN WPA BLILA, IRDA BIA, WPA BEB, 110.03 19.70% 14.42% +10.8% +11.9% +17.2% ES) panic pane wns muptiwerye RUE DER DR BRL AN, © Pierce © WS R

19. Slide 19: 17,389 4.28% 14,370 14,246 4.83% 3.96% 9,304 2.77% 2023 2024 2023 2024 2023 2024

    17,389 4.28% 14,370 14,246 4.83% 3.96% 9,304 2.77% 2023 2024 2023 2024 2023 2024 2023 2024 19

20. Slide 20: Investment portfolio

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21. Slide 21: Investment portfolio allocation

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22. Slide 22: ——— FOR ———

    nN? ——— FOR ———

23. Slide 23: Outlook and strategy

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24. Slide 24: 2025 work priorities

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25. Slide 25: Thank you

    @ Cp FS fe Ba ($8 Bl) BR 1 AER 2) CHINA REINSURANCE (GROUP) CORPORATION —— Fe) sik ——

26. Slide 26: Summary financial data

    2024 2023 101,363 99,755 1.6% 46,042 43,309 6.3% 9,846 11,914 -17.4% 46,914 46,558 0.8% 11,080 5,791 91.3% 10,557 5,652 86.8% 0.25 0.13 86.8% ROE 10.74% 6.22% 4.52ppts 26

27. Slide 27: Solvency data

    2024 12 31 2023 12 31 508,347 459,728 10.6% 395,682 357,549 10.7% 112,665 102,179 10.3% 2.43 2.20 10.7% 1 159% 155% 4ppts 150% 152% -2ppts 154% 158% -4ppts 261% 235% 26ppts 1 194% 192% 2ppts 225% 249% -24ppts 208% 216% -8ppts 285% 262% 23ppts 27

China Reinsurance (Group) — FY2024 Earnings Presentation on 6ix