China Reinsurance : ANNOUNCEMENT IN RELATION TO PREMIUMS INCOME

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China Reinsurance (Group) Corporation ʕ਷Ύڭᎈ€ණྠٰ΅Ϟࠢʮ̡

(A joint stock limited liability company incorporated in the People's Republic of China)

(Stock Code:1508)

ANNOUNCEMENT IN RELATION TO PREMIUMS INCOME

The aggregate premiums income of China Reinsurance (Group) Corporation (the "Company") as derived from the operating subsidiary of the Company, China Continent Property & Casualty Insurance Company Ltd. for the period from 1 January 2017 to 31 December 2017 was approximately RMB37,123 million. Such information will be further released on the official website of China Insurance Regulatory Commission atwww.circ.gov.cn. The above information is prepared pursuant to the PRC Accounting Standards for Business Enterprises and is unaudited and has not been reviewed by the audit committee of the Company. Shareholders and potential investors should exercise caution not to unduly rely on such information.

On behalf of the Board

China Reinsurance (Group) Corporation

Zhu Xiaoyun

Joint Company Secretary

Beijing, the PRC, 19 January 2018

As at the date of this announcement, the executive directors are Mr. Yuan Linjiang, Mr. Wang Pingsheng, Mr. He Chunlei and Mr. Ren Xiaobing, the non-executive directors are Ms. Lu Xiuli and Mr. Shen Shuhai, and the independent non-executive directors are Ms. Wang Jun, Mr. Hao Yansu, Mr. Li Sanxi and Ms. Mok Kam Sheung.