China Re Archives - InsuranceAsia News https://insuranceasianews.com/companies_category/china-re/ Fri, 12 Dec 2025 06:04:09 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.2 China Re nominates Zhu Xiaoyun to become first female president https://insuranceasianews.com/china-re-nominates-zhu-xiaoyun-to-become-first-female-president/ Thu, 11 Dec 2025 04:00:04 +0000 https://insuranceasianews.com/?p=206707 She is set to replaces Zhuang Qianzhi, who had been approved as chairman.

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China Reinsurance has nominated Zhu Xiaoyun as president following Zhuang Qianzhi's approval as chairman, according to official documents and local media reports.
Zhu, who previously was executive dir...

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]]> China Re’s capital strength fuels underwriting growth outlook: AM Best https://insuranceasianews.com/china-res-capital-strength-fuels-underwriting-growth-outlook-am-best/ Mon, 24 Nov 2025 06:42:42 +0000 https://insuranceasianews.com/?p=205240 Rating agency affirms financial strength rating of A (Excellent) and long-term issuer credit ratings of a+ (Excellent) for China Re and its subsidiaries, with a stable outlook.

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China Reinsurance (Group) Corporation’s capital position is expected to underpin continued growth in underwriting and asset risks over the short to intermediate term, AM Best said in a report.
This is...

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]]> Cynthia Yuan Xi named head of China Re’s climate risk research centre https://insuranceasianews.com/cynthia-yuan-xi-named-head-of-china-res-climate-risk-research-centre/ Wed, 19 Nov 2025 07:20:32 +0000 https://insuranceasianews.com/?p=204892 Former Fosun Insurance Group CFO has been at China Re in Beijing since March 2019.

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Cynthia Yuan Xi has become the new head of China Re’s climate risk research centre.
In a LinkedIn post on Wednesday, Xi said that she has now heads the unit dedicated to research into climate risks, a...

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]]> China Re-backed broker Huatai partners with BMS Group for marine initiative https://insuranceasianews.com/china-re-backed-broker-huatai-partners-with-bms-group-for-marine-initiative/ Mon, 13 Oct 2025 03:06:35 +0000 https://insuranceasianews.com/?p=201782 The mainland intermediary will coordinate domestic underwriting, while BMS’ specialist arms BankServe and CLP will do international ceding of risks. 

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Huatai Insurance Brokers, a mainland broker backed by China Re, has launched a new shipping insurance venture in collaboration with BMS Group's specialist arms BankServe and CLP, according to a press ...

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]]> China’s P&C underwriting profit tops US$3.7bn, ceded premium surpasses US$14bn in H1 FY25 https://insuranceasianews.com/chinas-pc-underwriting-profit-tops-us3-7bn-ceded-premium-surpasses-us14bn-in-h1-fy25/ Mon, 22 Sep 2025 06:23:05 +0000 https://insuranceasianews.com/?p=200422 For the first time, more than half of the insurers reported profitable underwriting, according China Re P&C.

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China's P&C market recorded 4.2% growth in direct premiums in H1 FY25, slightly lower than the same period last year, China Re P&C said in a press release following its recent reinsurance mark...

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]]> China Re’s net profit up 11.4% in H1 FY25 even as P&C reinsurance hit by agri slowdown, overseas losses https://insuranceasianews.com/china-res-net-profit-up-11-4-in-h1-fy25-even-as-pc-reinsurance-hit-by-agri-slowdown-overseas-losses/ Mon, 01 Sep 2025 03:58:53 +0000 https://insuranceasianews.com/?p=198809 P&C reinsurance segment, China Re’s largest unit, posted insurance revenue of CNY22.96 billion, down 2.2%, mainly due to weaker domestic agriculture premiums.

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China Reinsurance reported a 11.4% rise in its H1 FY25 net profit to CNY6.6 billion (US$925 million), lifted by stronger investment returns and overseas business, even as its core P&C reinsurance ...

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]]> China Re’s P&C net profit up 69% to US$716m, COR deteriorates to 99.86% https://insuranceasianews.com/china-res-pc-net-profit-up-69-to-us716m-cor-deteriorates-to-99-86/ Mon, 31 Mar 2025 05:41:10 +0000 https://insuranceasianews.com/?p=180044 Net profit from domestic primary P&C insurance business quadruples to US$206m.

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Net profit for China Re's P&C reinsurance business rose by 69% to CNY5.2 billion (US$716.5 million) from CNY3.1 billion in FY23, according to the reinsurer's annual results.
Its COR rose by 0.33 p...

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]]> Tibet earthquake payments top US$60,000 from Chinese insurers https://insuranceasianews.com/tibet-earthquake-payments-top-us60000-from-chinese-insurers/ Thu, 09 Jan 2025 09:39:42 +0000 https://insuranceasianews.com/?p=173114 88 reports, with a total of 20 claims, have been made to insurers, including PICC, China Continent, China Taiping and Sunshine.

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Chinese insurers have paid compensation claims worth CNY453,000 (US$61,788) after a deadly earthquake struck in a remote part of western China on January 7, according to the regional financial supervi...

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]]> China Re’s overseas P&C business posts robust growth, says AM Best affirming its rating https://insuranceasianews.com/china-res-overseas-pc-business-posts-robust-growth-says-am-best-affirming-its-rating/ Sun, 17 Nov 2024 22:01:42 +0000 https://insuranceasianews.com/?p=170064 The rating agency noted Chaucer continues to be the major driver of overseas non-life reinsurance revenue.

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China Re’s overseas P&C reinsurance gross written premium has been growing at increasing double-digit rates since 2021 and accounted for over one-third of the total P&C reinsurance business in...

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]]> China Re Asia Pacific CEO Richard Lim set to retire https://insuranceasianews.com/china-re-asia-pacific-ceo-richard-lim-set-to-retire-post-sirc/ Tue, 05 Nov 2024 09:55:27 +0000 https://insuranceasianews.com/?p=169255 Singapore-based Lim has worked at the reinsurer for the past nine years. This year's Singapore International Reinsurance Conference will mark Lim's final involvement as part of the organising team.

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Richard Lim announced that he will retire from his position as CEO of China Reinsurance (China Re) after nine years with the company, according to a LinkedIn post.
This year's Singapore International ...

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