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 first insurance company in the People's Republic of China founded in 1949. China Re was co-founded by the Ministry of Finance of the People's Republic of China and 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.[1]