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

History and Company Background

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. It is the world's most populous country, with a population exceeding 1.4 billion, slightly ahead of India. China spans the equivalent of five time zones and ...

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 cabinet-level executive department of the State Council which administers macroeconomic policies and the annual budget. It also handles fiscal policy, economic regulations ...

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

References

{{Authority control Financial services companies established in 1949 Reinsurance companies Insurance companies of China Companies listed on the Hong Kong Stock Exchange