China Reinsurance (Group) Corporation (hereinafter “China Re”) was co-founded by the Ministry of Finance of the People’s Republic of China and the Central Huijin Investment Company Limited, is currently China’s sole state-owned reinsurance group. China Re Group successfully completed its H share IPO in Oct 2015. According to A.M. Best, China Re is Asia’s largest and the world’s eighth largest reinsurance group in terms of reinsurance premium income in 2015.
China Re has a complete industrial chain covering reinsurance, direct insurance, asset management and insurance brokerage. Besides, China Re is the management company of the China Nuclear Insurance Pool, as well as the management agency of the China Agricultural Reinsurance Pool.
As the only state-owned domestic reinsurance group in the PRC, China Re have played an active role in the development of the country’s insurance industry by leading and expanding its reinsurance market and promoting sound and rapid development of its primary insurance market. We have maintained a leading position in the PRC reinsurance market since our formation, and we have established a strong client base with long-term business relationships with an overwhelming majority of domestic insurance companies.