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Asia Based Global Reinsurer
Taiping Reinsurance Company [email protected] www.tpre.cntaiping.com
Hong Kong Beijing Shanghai London Labuan Tokyo Macau
Corporate Profile
Taiping Reinsurance Company [email protected] www.tpre.cntaiping.com
Taiping Reinsurance Co., Ltd. (abbreviated as “TPRe”) was incorporated in Hong Kong in September 1980 as a state-owned composite professional reinsurer, undertakes the non-life and life reinsurance business worldwide. With head office in Hong Kong, TPRe also set up operating platforms in the region and overseas, including subsidiaries in Beijing and London, a branch in Labuan, Malaysia, as well as representative offices in Japan and Macau.
As one of the renowned professional reinsurance companies based in Asia, TPRe possesses well-recognized market position and underwrites reinsurance business all over the world. Currently, TPRe serves clients from more than 100 markets and has maintained the leading position in Hong Kong’s reinsurance market for the past years. In 2019, TPRe registered a gross written premium of USD2.23 billion (HK$17.42 billion), and the total assets reached USD6.46 billion (HK$50.4 billion).
With the solid backing of its parent company, China Taiping Insurance Group Ltd., TPRe is highly respected for its prudent business strategy and strong financial strength. For years, TPRe has achieved “A” (strong/excellent) financial strength ratings from renowned international rating agencies, including S&P, A.M. Best and Fitch.
China Taiping Insurance Group Ltd. (abbreviated as “China Taiping”) is a Chinese state-owned financial and insurance group with management headquarter located in Hong Kong. Through 90 years of history, China Taiping has developed into a large transnational financial and insurance group and the total assets up to USD119.02 billion (RMB820 billion) with its business covering many countries and regions in the world.
COMPANY PROFILE
Asia Based Global Reinsurer
Taiping Reinsurance Company [email protected] www.tpre.cntaiping.com
Hong Kong Beijing Shanghai London Labuan Tokyo Macau
ORGANIZATION STRUCTURE
THE MANAGEMENT BOARD
China Taiping Insurance Group Ltd.China Taiping Insurance Group (HK) Co., Ltd.
China Taiping Insurance Holdings Company Limited
Taiping Reinsurance Company Limited
Taiping Re UK Limited Taiping Reinsurance (China)Company Limited
Chief Executive OfficerJIANG Yidao
General ManagerHO Kin Wing, Polly (Ms)
Deputy General ManagersPANG WeiYIN HangHUANG Wei, Lisa (Ms)LI Shao Fen, Joyce (Ms)
Chief Financial OfficerWONG Yung, Ada (Ms)
Business Development Dept. I• Non-Life Treaty in Asia, Oceania (excluding Mainland China, Japan, Central & West Asian Area)
Business Development Dept. II• Non-Life Treaty in Europe, America, Africa, Japan, Central & West Asian Area
Facultative & Special Risks Dept.• Non-Life Facultative Worldwide
Business Management Dept.• Underwriting Control & Retrocession
Claims and Technical Accounts Dept.• Claims & Closing Control
Life Business Development Dept• Life Reinsurance Business
Labuan Branch, Malaysia
Representative Office in Japan
Representative Office in Macau
COMPANY INFORMATION
Management Board Team
Taiping Reinsurance Company [email protected] www.tpre.cntaiping.com
Taip ing Reinsurance Co., Ltd. • Corporate Prof i le
Corporate Profile
Taiping Reinsurance Company [email protected] www.tpre.cntaiping.com
Taiping Reinsurance Co., Ltd. (abbreviated as “TPRe”) was incorporated in Hong Kong in September 1980 as a state-owned composite professional reinsurer, undertakes the non-life and life reinsurance business worldwide. With head office in Hong Kong, TPRe also set up operating platforms in the region and overseas, including subsidiaries in Beijing and London, a branch in Labuan, Malaysia, as well as representative offices in Japan and Macau.
As one of the renowned professional reinsurance companies based in Asia, TPRe possesses well-recognized market position and underwrites reinsurance business all over the world. Currently, TPRe serves clients from more than 100 markets and has maintained the leading position in Hong Kong’s reinsurance market for the past years. In 2019, TPRe registered a gross written premium of USD2.23 billion (HK$17.42 billion), and the total assets reached USD6.46 billion (HK$50.4 billion).
With the solid backing of its parent company, China Taiping Insurance Group Ltd., TPRe is highly respected for its prudent business strategy and strong financial strength. For years, TPRe has achieved “A” (strong/excellent) financial strength ratings from renowned international rating agencies, including S&P, A.M. Best and Fitch.
China Taiping Insurance Group Ltd. (abbreviated as “China Taiping”) is a Chinese state-owned financial and insurance group with management headquarter located in Hong Kong. Through 90 years of history, China Taiping has developed into a large transnational financial and insurance group and the total assets up to USD119.02 billion (RMB820 billion) with its business covering many countries and regions in the world.
COMPANY PROFILE
Taip ing Reinsurance Co., Ltd. • Corporate Prof i le
2017 2018 2019
1,052 1,036
1,159
4,749
5,623
6,464
1990
2000
2009
2012
2013
2014
2015
2016
2017
2018
26
100
205
237
301
346
544
608
690
690
2019 741
(in USD Million) (in USD Million)
(in USD Million)
Remarks: USD1 = HK$7.8
TOTAL ASSETS SHAREHOLDERS’ EQUITY
FINANCIAL STRENGTH RATING LEI CODE
PAID-UP CAPITAL
Taiping Reinsurance Co., Ltd.LEI Code：3003000SCQICXZ83EC53LEICN Official website：www.leichina.org
i
COMPANY INFORMATION
A.M. Best
Excellent / StableA
FitchStrong / Stable
AStandard &Poor’s
Strong / StableA
2017 2018 2019
(in USD Million)
Gross Premiums Written 867.7 1,130.7 1,253.0
Life Reinsurance Business
Non-Life Reinsurance Business 2017 2018 2019
2017 2018 2019
Gross Premiums Written 772.7 816.2 980.2
Overall Performance
Gross Premiums Written 1,640.0 1,947.0 2,233.2
Profit After Taxation 97.5 69.1 41.2
Life43.9%
Non-Life56.1%
Mainland China (& Taiwan)
60.1%Europe
10.5%
Other
1.8%
North America
4.8%Hong Kong& Macau
8.8%
Japan3.0%
Rest of Asia11.0%
BUSINESS PERFORMANCE
2017 2018 2019
By Class 2019
Non-Life Gross Premiums Written By Region 2019
Remarks: USD1 = HK$7.8
Treaty91.4%- Property 61.6%- Liability 21.2%- MAT 6.6%- Others 2.0%
Facultative8.6%- Property 5.3%- Others 3.3%
Taip ing Reinsurance Co., Ltd. • Corporate Prof i le
2017 2018 2019
1,052 1,036
1,159
4,749
5,623
6,464
1990
2000
2009
2012
2013
2014
2015
2016
2017
2018
26
100
205
237
301
346
544
608
690
690
2019 741
(in USD Million) (in USD Million)
(in USD Million)
Remarks: USD1 = HK$7.8
TOTAL ASSETS SHAREHOLDERS’ EQUITY
FINANCIAL STRENGTH RATING LEI CODE
PAID-UP CAPITAL
Taiping Reinsurance Co., Ltd.LEI Code：3003000SCQICXZ83EC53LEICN Official website：www.leichina.org
i
COMPANY INFORMATION
A.M. Best
Excellent / StableA
FitchStrong / Stable
AStandard &Poor’s
Strong / StableA
2017 2018 2019
(in USD Million)
Gross Premiums Written 867.7 1,130.7 1,253.0
Life Reinsurance Business
Non-Life Reinsurance Business 2017 2018 2019
2017 2018 2019
Gross Premiums Written 772.7 816.2 980.2
Overall Performance
Gross Premiums Written 1,640.0 1,947.0 2,233.2
Profit After Taxation 97.5 69.1 41.2
Life43.9%
Non-Life56.1%
Mainland China (& Taiwan)
60.1%Europe
10.5%
Other
1.8%
North America
4.8%Hong Kong& Macau
8.8%
Japan3.0%
Rest of Asia11.0%
BUSINESS PERFORMANCE
2017 2018 2019
By Class 2019
Non-Life Gross Premiums Written By Region 2019
Remarks: USD1 = HK$7.8
Treaty91.4%- Property 61.6%- Liability 21.2%- MAT 6.6%- Others 2.0%
Facultative8.6%- Property 5.3%- Others 3.3%
Taiping Reinsurance Company Limited
CONTACTS
ADDRESS : 17/F, 18 KING WAH ROAD, NORTH POINT, HONG KONGTEL : (852) 2865 3838 FACSIMILE : (852) 2544 9633 EMAIL : [email protected] WEBSITE : WWW.TPRE.CNTAIPING.COMBUSINESS DEVELOPMENT DEPT. I LI Man, Ada (Ms) [email protected] CHENG Yau Man, Edmund [email protected] LEUNG Siu Ki, Cliff [email protected] DEVELOPMENT DEPT. II PUN Chi Yat, Ronald [email protected] TANG Kai Hung, Kelvin [email protected] AND SPECIAL RISKS DEPT. FU Ka Yan, Karen (Ms) [email protected] XU Min [email protected] CHIEN Chi Sheng, Richard [email protected] BUSINESS DEVELOPMENT DEPT. YANG Rong [email protected] MANAGEMENT DEPT. YIN Hang [email protected] LI Pak Cheung, Jeffrey [email protected] YAN Zhi, Eric [email protected] AND TECHNICAL ACCOUNTS DEPT. SIU Ting (Ms) [email protected] CHOW Kwok Hung, Benny [email protected]
Taiping Reinsurance Company Limited Representative Office in MacauADDRESS : LEVEL 20, AIA TOWER, NOS 251A-301, AVENIDA COMERCIAL DE MACAU, MACAUTEL : (853) 8294 6370 FACSIMILE : (853) 8294 2200
FU Ka Yan, Karen (Ms) [email protected]
Taiping Reinsurance Company Limited Representative Office in JapanADDRESS : LEVEL 10, PMO KYOBASHI HIGASHI, 3-18-6 HATCHOBORI, CHUO-KU, TOKYO 104-0032, JAPANTEL : (81) 3 6262 8037 FACSIMILE : (81) 3 6262 8237
CHIEF REPRESENTATIVE LI Shao Fen, Joyce (Ms) [email protected]
SENIOR REPRESENTATIVE HUANG Binbin (Ms) [email protected]
Taip ing Reinsurance Co., Ltd. • Corporate Prof i le
(in USD Million)
Gross Premiums Written 867.7 1,130.7 1,253.0
Life Reinsurance Business
Non-Life Reinsurance Business 2017 2018 2019
2017 2018 2019
Gross Premiums Written 772.7 816.2 980.2
Overall Performance
Gross Premiums Written 1,640.0 1,947.0 2,233.2
Profit After Taxation 97.5 69.1 41.2
Life43.9%
Non-Life56.1%
Mainland China (& Taiwan)
60.1%Europe
10.5%
Other
1.8%
North America
4.8%Hong Kong& Macau
8.8%
Japan3.0%
Rest of Asia11.0%
BUSINESS PERFORMANCE
2017 2018 2019
By Class 2019
Non-Life Gross Premiums Written By Region 2019
Remarks: USD1 = HK$7.8
Treaty91.4%- Property 61.6%- Liability 21.2%- MAT 6.6%- Others 2.0%
Facultative8.6%- Property 5.3%- Others 3.3%
Taiping Reinsurance Company Limited
CONTACTS
ADDRESS : 17/F, 18 KING WAH ROAD, NORTH POINT, HONG KONGTEL : (852) 2865 3838 FACSIMILE : (852) 2544 9633 EMAIL : [email protected] WEBSITE : WWW.TPRE.CNTAIPING.COMBUSINESS DEVELOPMENT DEPT. I LI Man, Ada (Ms) [email protected] CHENG Yau Man, Edmund [email protected] LEUNG Siu Ki, Cliff [email protected] DEVELOPMENT DEPT. II PUN Chi Yat, Ronald [email protected] TANG Kai Hung, Kelvin [email protected] AND SPECIAL RISKS DEPT. FU Ka Yan, Karen (Ms) [email protected] XU Min [email protected] CHIEN Chi Sheng, Richard [email protected] BUSINESS DEVELOPMENT DEPT. YANG Rong [email protected] MANAGEMENT DEPT. YIN Hang [email protected] LI Pak Cheung, Jeffrey [email protected] YAN Zhi, Eric [email protected] AND TECHNICAL ACCOUNTS DEPT. SIU Ting (Ms) [email protected] CHOW Kwok Hung, Benny [email protected]
Taiping Reinsurance Company Limited Representative Office in MacauADDRESS : LEVEL 20, AIA TOWER, NOS 251A-301, AVENIDA COMERCIAL DE MACAU, MACAUTEL : (853) 8294 6370 FACSIMILE : (853) 8294 2200
FU Ka Yan, Karen (Ms) [email protected]
Taiping Reinsurance Company Limited Representative Office in JapanADDRESS : LEVEL 10, PMO KYOBASHI HIGASHI, 3-18-6 HATCHOBORI, CHUO-KU, TOKYO 104-0032, JAPANTEL : (81) 3 6262 8037 FACSIMILE : (81) 3 6262 8237
CHIEF REPRESENTATIVE LI Shao Fen, Joyce (Ms) [email protected]
SENIOR REPRESENTATIVE HUANG Binbin (Ms) [email protected]
Taiping Reinsurance Company Limited Labuan Branch
ADDRESS : LEVEL 11(B), BLOCK 4 OFFICE TOWER, FINANCIAL PARK LABUAN COMPLEX, JALAN MERDEKA, 87000 FT LABUAN, MALAYSIATEL : (60) 87 439 661 FACSIMILE : (60) 87 439 662
PRINCIPAL OFFICER
LI Shao Fen, Joyce (Ms) [email protected]
Taiping Reinsurance (China) Company Limited
ADDRESS : UNIT 08, 09, 11-19, FLOOR 5, NO.16 LUOMASHI AVENUE, XICHENG DISTRICT, BEIJING 100052, P. R. CHINA TEL : (86) 10 5709 8588 FACSIMILE : (86) 10 5709 8555
GENERAL MANAGER
PANG Wei [email protected]
DEPUTY GENERAL MANAGERS
LI Lisong [email protected] LI Li (Ms) [email protected] ZHANG Jinlei (Ms) [email protected]
TREATY BUSINESS DEPT.
ZHANG Yong [email protected]
FACULTATIVE BUSINESS DEPT. WANG Mingzhong [email protected]
BUSINESS MANAGEMENT DEPT.
LOU Peng [email protected]
LIFE DEPT.
YU Hongjiang [email protected]
ZHANG Li [email protected]
SHANGHAI BRANCH
ADDRESS : ROOM 1102B, 488 MIDDLE YINCHENG ROAD, PUDONG, SHANGHAI 200120, P. R. CHINA TEL : (86) 21 8019 8800
Taip ing Reinsurance Co., Ltd. • Corporate Prof i le
Taiping Reinsurance Company Limited
CONTACTS
ADDRESS : 17/F, 18 KING WAH ROAD, NORTH POINT, HONG KONGTEL : (852) 2865 3838 FACSIMILE : (852) 2544 9633 EMAIL : [email protected] WEBSITE : WWW.TPRE.CNTAIPING.COMBUSINESS DEVELOPMENT DEPT. I LI Man, Ada (Ms) [email protected] CHENG Yau Man, Edmund [email protected] LEUNG Siu Ki, Cliff [email protected] DEVELOPMENT DEPT. II PUN Chi Yat, Ronald [email protected] TANG Kai Hung, Kelvin [email protected] AND SPECIAL RISKS DEPT. FU Ka Yan, Karen (Ms) [email protected] XU Min [email protected] CHIEN Chi Sheng, Richard [email protected] BUSINESS DEVELOPMENT DEPT. YANG Rong [email protected] MANAGEMENT DEPT. YIN Hang [email protected] LI Pak Cheung, Jeffrey [email protected] YAN Zhi, Eric [email protected] AND TECHNICAL ACCOUNTS DEPT. SIU Ting (Ms) [email protected] CHOW Kwok Hung, Benny [email protected]
Taiping Reinsurance Company Limited Representative Office in MacauADDRESS : LEVEL 20, AIA TOWER, NOS 251A-301, AVENIDA COMERCIAL DE MACAU, MACAUTEL : (853) 8294 6370 FACSIMILE : (853) 8294 2200
FU Ka Yan, Karen (Ms) [email protected]
Taiping Reinsurance Company Limited Representative Office in JapanADDRESS : LEVEL 10, PMO KYOBASHI HIGASHI, 3-18-6 HATCHOBORI, CHUO-KU, TOKYO 104-0032, JAPANTEL : (81) 3 6262 8037 FACSIMILE : (81) 3 6262 8237
CHIEF REPRESENTATIVE LI Shao Fen, Joyce (Ms) [email protected]
SENIOR REPRESENTATIVE HUANG Binbin (Ms) [email protected]
Taiping Reinsurance Company Limited Labuan Branch
ADDRESS : LEVEL 11(B), BLOCK 4 OFFICE TOWER, FINANCIAL PARK LABUAN COMPLEX, JALAN MERDEKA, 87000 FT LABUAN, MALAYSIATEL : (60) 87 439 661 FACSIMILE : (60) 87 439 662
PRINCIPAL OFFICER
LI Shao Fen, Joyce (Ms) [email protected]
Taiping Reinsurance (China) Company Limited
ADDRESS : UNIT 08, 09, 11-19, FLOOR 5, NO.16 LUOMASHI AVENUE, XICHENG DISTRICT, BEIJING 100052, P. R. CHINA TEL : (86) 10 5709 8588 FACSIMILE : (86) 10 5709 8555
GENERAL MANAGER
PANG Wei [email protected]
DEPUTY GENERAL MANAGERS
LI Lisong [email protected] LI Li (Ms) [email protected] ZHANG Jinlei (Ms) [email protected]
TREATY BUSINESS DEPT.
ZHANG Yong [email protected]
FACULTATIVE BUSINESS DEPT. WANG Mingzhong [email protected]
BUSINESS MANAGEMENT DEPT.
LOU Peng [email protected]
LIFE DEPT.
YU Hongjiang [email protected]
ZHANG Li [email protected]
SHANGHAI BRANCH
ADDRESS : ROOM 1102B, 488 MIDDLE YINCHENG ROAD, PUDONG, SHANGHAI 200120, P. R. CHINA TEL : (86) 21 8019 8800
Taip ing Reinsurance Co., Ltd. • Corporate Prof i le
Asia Based Global Reinsurer
Taiping Reinsurance Company [email protected] www.tpre.cntaiping.com
Hong Kong Beijing Shanghai London Labuan Tokyo Macau
ORGANIZATION STRUCTURE
THE MANAGEMENT BOARD
China Taiping Insurance Group Ltd.China Taiping Insurance Group (HK) Co., Ltd.
China Taiping Insurance Holdings Company Limited
Taiping Reinsurance Company Limited
Taiping Re UK Limited Taiping Reinsurance (China)Company Limited
Chief Executive OfficerJIANG Yidao
General ManagerHO Kin Wing, Polly (Ms)
Deputy General ManagersPANG WeiYIN HangHUANG Wei, Lisa (Ms)LI Shao Fen, Joyce (Ms)
Chief Financial OfficerWONG Yung, Ada (Ms)
Business Development Dept. I• Non-Life Treaty in Asia, Oceania (excluding Mainland China, Japan, Central & West Asian Area)
Business Development Dept. II• Non-Life Treaty in Europe, America, Africa, Japan, Central & West Asian Area
Facultative & Special Risks Dept.• Non-Life Facultative Worldwide
Business Management Dept.• Underwriting Control & Retrocession
Claims and Technical Accounts Dept.• Claims & Closing Control
Life Business Development Dept• Life Reinsurance Business
Labuan Branch, Malaysia
Representative Office in Japan
Representative Office in Macau
COMPANY INFORMATION
Management Board Team
Taiping Reinsurance Company [email protected] www.tpre.cntaiping.com
Corporate Profile
Taiping Reinsurance Company [email protected] www.tpre.cntaiping.com
