China Reinsurance (Group) Corporation () ("China RE") is one of the largest reinsurance groups in China.

History and Company Background

China Reinsurance Group, which is commonly referred to as China Re originated from the

People's Insurance Company of China The People's Insurance Company (Group) of China Limited, known as PICC Group or just PICC, is a Chinese listed insurer. The Chinese Central Government is the controlling shareholder. The group contains the major subsidiaries: PICC Asset Managem ...

, the first insurance company in the

People's Republic of China China, officially the People's Republic of China (PRC), is a country in East Asia. With population of China, a population exceeding 1.4 billion, it is the list of countries by population (United Nations), second-most populous country after ...

founded in 1949. China Re was co-founded by the

Ministry of Finance of the People's Republic of China The Ministry of Finance of the People's Republic of China is the Constituent departments of the State Council, constituent department of the State Council of the People's Republic of China which administers macroeconomic policies and the annu ...

and the Central Huijin Investment Company Limited with a registered capital of RMB36,407,611,085 on 22 August 1996.

Products and Services

China Re's main products and services include reinsurance, property insurance, and life insurance. The business serves domestic and international clients, including governments, corporations, and individuals.

References

{{Authority control Financial services companies established in 1949 Reinsurance companies Insurance companies of China Companies listed on the Hong Kong Stock Exchange Companies based in Beijing Government-owned insurance companies