In order to fully and thoroughly implement the major national strategy for the synergetic development of Beijing, Tianjin and Hebei, China Re Group recently signed a strategic cooperation agreement with the People’s Government of Tianjin Municipality. Kang Yi, Deputy Mayor of the People’s Government of Tianjin Municipality, and He Chunlei, President of China Re Group, signed the agreement on behalf of the two parties.

　　Both parties will jointly improve the capability of managing economic and social risks, promote the integration of industry and finance, carry out insurance business innovation, and optimise the business environment, with focus on carrying out practical cooperation in areas including promoting the establishment of a catastrophe protection system in Tianjin, promoting comprehensive insurance service for overseas personnel, and improving the ability to protect against potential defects in the quality of construction projects, building an integrated platform serving “agriculture, rural areas and farmers”, facilitating the development of the wellness industry, and investing in infrastructure projects, livelihood security projects and other projects of Tianjin. China Re Group shall give full play to its expertise, underwriting capabilities as well as advantages in capital management and the synergy of domestic and international resources to provide a full range of financial services for the high-quality economic and social development of Tianjin.