China Reinsurance (Group) Co., Ltd. (“China Reinsurance Group” for short) was founded by the Ministry of Finance of the People's Republic of China and Central Huijin Investment Co., Ltd., with a registered capital of RMB 42,479,808,085, of which the Ministry of Finance holds 12.72% of the shares and Central Huijin Investment Co., Ltd. holds 71.56% of the shares. China Resources Group originated from the People's Insurance Company of China, which was established in October 1949, and was completely restructured into a limited company in 2007/10. As of November 2015, China Re Group directly controls 5 domestic subsidiaries: China Property Reinsurance Co., Ltd. (“China Realty Insurance”), China Life Reinsurance Co., Ltd. (“China Re Life Insurance”), China Dadi Property Insurance Co., Ltd. (“China Dadi Insurance”), China Rae Asset Management Co., Ltd. (“China Re Asset”), Huatai Insurance Brokers Co., Ltd. (“Huatai Broker”); directly holds 2 subsidiaries: China Rae UK Company, China Rae Insurance Agency Co., Ltd.; it indirectly controls a second-tier overseas subsidiary;: Nakazae Asset Management (Hong Kong) Limited; has 3 organizations: London Representative Office, Hong Kong Representative Office, and New York Representative Office. On 2015/10/26, China Renewable Group was listed and traded on the main board of the Hong Kong Stock Exchange Limited and became a listed company. The stock code is 01508.HK. Adhering to the strategic direction of “marketization, specialization and internationalization”, China Resources Group is deeply involved in the domestic market, expanding the international market, improving and deepening the core reinsurance business, continuing to strengthen its comprehensive business layout in direct insurance, asset management and other fields, actively building differentiated competitive advantages, and is committed to becoming a leading domestic and world-class comprehensive reinsurance group with outstanding risk management capabilities.
No Data
No Data