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Zai Baozhuang Qianzhi in China: Promoting the development of the reinsurance market, with the role of the main force in reinsurance continuously strengthening
Beijing Business Daily, March 31, reported (Reporter Hu Yongxin) that at the China Re 2025 annual performance release conference, Zhuang Qianzhi, chairman of China Re, said that the company has been driving the development of the reinsurance market, and the role of the reinsurance main force has continued to strengthen. China Re has maintained the top position in the industry for both its domestic property reinsurance market share and its personal reinsurance market share. To advance market cultivation and rule-setting, the company jointly hosts the Shanghai International Reinsurance Conference with other parties, and has published the “China Reinsurance Industry Development Report” for four consecutive years. The company also participates in the revision of the national life tables, the innovative drugs for social insurance catalog, green building performance, and the development of industry infrastructure such as insurance risk management standards, supporting the construction of the Shanghai International Reinsurance Center. The company has set up three operating centers and the CICC/China Re Catastrophe (Guizhou) Shanghai Branch; the cumulative trading scale and settlement amount rank first among the trading centers.