- CEO
- Qianzhi Zhuang
- Full Time Employees
- 47,912
- Sector
- Finance
- Industry
- Multi-line insurance
- Address
- No. 11 Jinrong Avenue Beijing BE China 100033
- IPO Date
- Oct 26, 2015
- Business
- Operating as China's sole state-owned reinsurance group, China Reinsurance (Group) Corporation, along with its affiliated entities, delivers a broad spectrum of reinsurance, direct insurance, and asset management solutions both within the People's Republic of China and across international markets. This prominent insurer holds the leading position in Asia and ranks among the top global reinsurers by gross premium income. The company conducts its operations through several key business divisions: Property and Casualty Reinsurance, Life and Health Reinsurance, Primary Property and Casualty Insurance, and Asset Management. Its reinsurance portfolio encompasses a comprehensive array of property and casualty risks, including motor, commercial and household property, engineering, marine, liability, credit and guarantee, personal accident, health, agriculture, as well as specialized lines like catastrophe, space and aviation, energy, nuclear, cyber, and climate risk coverage. For life and health, offerings include treaty and facultative reinsurance for life, health, accident, and protection-type products. Beyond reinsurance, the group provides primary property and casualty insurance through its subsidiaries. It also offers extensive asset management services, overseeing assets and liabilities, and developing multi-asset investment products such as project-based financing programs, asset-backed securities, infrastructure, and real estate investment initiatives. Additional services include insurance agency and brokerage, risk identification, assessment and consulting, insurance program design, policy administration, claim management, disaster and accident prevention, overall risk management, underwriting agency, risk advisory, management consulting, and the issuance of bonds. The company actively embraces technological advancements, investing in digital transformation and innovative products like online telemedicine insurance. Established in 1949 and headquartered in Beijing, People's Republic of China, China Reinsurance (Group) Corporation functions as a strategic national reinsurer, underpinned by a robust capital base and significant state ownership, with Central Huijin Investment Ltd. holding a majority stake. It maintains strong financial ratings, having consistently received an "A (excellent)" from A.M. Best since 2010 and an "A+" or "A" from Standard & Poor's since 2014, reflecting its stable capital position and business performance. The group was the first reinsurance entity to list on the Hong Kong Stock Exchange in 2015.