China Reinsurance (Group) Corporation (hereinafter referred to as “China Re”)
was initiated and established by the Ministry of Finance of the People’s
Republic of China and the Central Huijin Investment LLC. The registered capital
is RMB 42,479,808,085 yuan. Its reinsurance premium is the largest among
reinsurance groups in Asia and the eighth largest in the world, and the only
domestic reinsurance group in China. As of December 31, 2017, the group's assets
were RMB 242.80 billion and its net assets were RMB 75.370 billion.
China Re has strong advantages in local resources, a nationwide service
network, a large customer base, and diversified domestic and overseas business
channels.Its main business is outstanding and well-structured, with a complete
insurance industry chain covering reinsurance, direct insurance, asset
management and insurance brokerage.
China Re has a strong shareholder background and is powerful in the respect
of capital. Since 2010, China Re has been rated the “A” (excellent) by A.M.Best
Co. for nine consecutive years.From 2014 to 2018, China Re has maintained “A+” and “A” rating by Standard
& Poor for five consecutive years.
On October 26, 2015, China Re listed on the Main Board of the Stock Exchange
of Hong Kong Limited and became a listed company with stock code 01508.HK.
