On 6 June, China Re Group and CSC Financial Co., Ltd. (“CSC Financial”) entered into a strategic cooperation agreement in Beijing, pursuant to which, both parties will establish an all-rounded and multiple cooperation relationship in the aspects of primary insurance, reinsurance, comprehensive insurance service, assets management, etc., to further promote the enhancement of their service capabilities, and to explore cross-industry cooperation and share advantages and resources in the aspects of product innovation, such as risk securitization, insurance futures, etc.
Yuan Linjiang, Chairman of China Re Group, He Chunlei, Executive Vice President of China Re Group, Wang Changqing, Chairman of CSC Financial, Li Geping, General Manager of CSC Financial, and other relevant responsible officers attended the signing ceremony. Zhang Xiaohong, Assistant to the President of China Re Group, and Li Tiesheng, Member of the Executive Committee of CSC Financial, entered into the strategic cooperation agreement on behalf of both parties.
A conference was held by the parties prior to the signing ceremony. Yuan Linjiang (Chairman) welcomed Wang Changqing (Chairman), Li Geping (General Manager) and their party. He stated that China Re Group, as the “main force” of the reinsurance industry in China, will combine its own strengths with that of CSC Financial and the resultant solid foundation and promising prospects will be conducive to give full play to their respective advantages and realize a win-win development. The internal resources of China investment system can be better utilized to exert proactive synergistic effects. Wang Changqing (Chairman) expressed his gratitude to the continuous support and cooperation of China Re Group, and acclaimed China Re Group as an essential force on the financial front of China and a model for its extensive experience in risk management and product innovation. He looked forward to working in close partnership with China Re Group and achieving mutual development by taking the opportunity of signing the strategic cooperation agreement.
Zhang Renjiang, General Manager of China Re P&C, Tian Meipan, General Manager of China Re Life, Yu Chunling, General Manager of China Re AMC, Zhu Xiaoyun, Board Secretary of China Re Group, Qin Yibo, Chief Strategy Officer of China Re Group, Li Wei, General Manager of Strategic Customer Department of China Re Group, Zhang Hongmei, Deputy General Manager of Huatai Insurance Agency, Dong Keshi, Deputy General Manager of Strategic Customer Department of China Re Group, Zhang Xinfan, Member of the Executive Committee of CSC Financial, Jiang Sheng, Administrator of Fixed Income Department and Managing Director of CSC Financial, Xu Tao, Chairman of China Securities Capital, Zhang Jie, General Manager of China Securities Funds, Lu Xiaofeng, Managing Director of Investment Banking Department of CSC Financial, Yan Hua, Executive General Manager of Debt Underwriting Department of CSC Financial, and Chang Liang, Executive General Manager of Investment Banking Department of CSC Financial, attended the conference and signing ceremony.