China Re

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

AgencyRatingOutlook
Standard & Poor'sAStable
A.M. BestAStable

China Re: main indicators

in thousands USD
 2018201920202021
Global turnover17 775 00020 746 00024 755 00025 553 000
Reinsurance turnover11 835 00014 053 00017 700 00019 036 000
Shareholder’s equity12 686 00013 878 00015 765 00016 096 000
Net result567 000951 000908 0001 003 000

China Re: turnover 2021 by class of business*

in thousands USD
 PremiumsIn %
Property and casulaty8 151 00042.82%
Life and health10 885 00057.18%
Total19 036 000100%

* Reinsurance turnover only

China Re: technical ratios

 201920202021
Gross loss ratio55.61%65.06%65.68%
Gross management expenses ratio44.68%37.05%33.71%
Gross combined ratio100.29%102.11%99.39%

China Re: capital and shareholding

ShareholdersIn%china re share capital
Central Hujin Investment71.56%
HKSCC Ltd15.69%
Ministry of Finance11.45%
National Council for Social Security Fund1.27%
Others0.03%

China Re: management

Yuan LinjiangChairman of the board
He ChunleiGeneral manager
Zhuang QianzhiChief risk officer
Tian MeipanChief 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

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