China Re
DATE OF CREATION: October 1949,Beijing ,China | |
CLASS OF BUSINESS: Life and non-life | |
UNDERWRITING ZONE: Worldwide | |
REGIONAL STRUCTURES: - Hong Kong (China) - London (United Kingdom) - New York (United States) - Singapore (Singapore) |
China Re: contact
Address: China Re Building, No. 11 Jinrong Avenue, Xicheng District, Beijing, 100033, China |
Tel: +86 10 6657 6666 / 6880 |
Fax: +86 10 6657 6789 |
Website: eng.chinare.com.cn |
China Re: rating
Agency | Rating | Outlook |
Standard & Poor's | A | Stable |
A.M. Best | A | Stable |
China Re: main indicators
in thousands USD2018 | 2019 | 2020 | 2021 | |
Global turnover | 17 775 000 | 20 746 000 | 24 755 000 | 25 553 000 |
Reinsurance turnover | 11 835 000 | 14 053 000 | 17 700 000 | 19 036 000 |
Shareholder’s equity | 12 686 000 | 13 878 000 | 15 765 000 | 16 096 000 |
Net result | 567 000 | 951 000 | 908 000 | 1 003 000 |
China Re: turnover 2021 by class of business*
in thousands USDPremiums | In % | |
Property and casulaty | 8 151 000 | 42.82% |
Life and health | 10 885 000 | 57.18% |
Total | 19 036 000 | 100% |
* Reinsurance turnover only
Read also | China Re: 2022 results
China Re: technical ratios
2019 | 2020 | 2021 | |
Gross loss ratio | 55.61% | 65.06% | 65.68% |
Gross management expenses ratio | 44.68% | 37.05% | 33.71% |
Gross combined ratio | 100.29% | 102.11% | 99.39% |
China Re: capital and shareholding
Shareholders | In% | |
Central Hujin Investment | 71.56% | |
HKSCC Ltd | 15.69% | |
Ministry of Finance | 11.45% | |
National Council for Social Security Fund | 1.27% | |
Others | 0.03% |
China Re: management
Yuan Linjiang | Chairman of the board |
He Chunlei | General manager |
Zhuang Qianzhi | Chief risk officer |
Tian Meipan | Chief actuary |
Source: China Re
Exchange rate at 31/12/2018 : 1 CNY = 0.14539 USD ; as at 31/12/2019 : 1 CNY = 0.1431 USD ; as at 31/12/2020: 1 CNY = 0.15321 USD ; as at 31/12/2021: 1 CNY = 0.1569 USD
0
Your rating: None
Tue, 24/01/2023 - 15:50
The online magazine
Live coverage
03/28
03/28
03/28
03/28
03/27
Latest news