外资持续加码中国市场，汇丰人寿获批再增资3.62亿元

Group 1 - Foreign capital continues to increase its investment in the Chinese market, with HSBC Life Insurance Co., Ltd. receiving approval to increase its registered capital from 2.314 billion yuan to 2.676 billion yuan [1] - The capital increase is fully funded by HSBC Insurance (Asia) Limited, maintaining its 100% ownership of HSBC Life [1] - HSBC Life was established in August 2009 as a joint venture between HSBC Insurance and National Trust Co., Ltd., each holding a 50% stake, and has since transitioned to a wholly foreign-owned enterprise [1] Group 2 - HSBC Life's profitability has been volatile, with a small profit of 656,000 yuan in 2020 followed by losses of 225 million yuan, 541 million yuan, and 85 million yuan in the subsequent three years, before achieving a net profit of 195 million yuan in 2024 [2] - In Q1 2025, HSBC Life reported insurance business income of 3.572 billion yuan, a year-on-year increase of 14.32%, but also recorded a net loss of 123 million yuan, a significant decline compared to a profit of 40 million yuan in the same period last year [2] - The solvency ratios of HSBC Life, including core and comprehensive solvency adequacy ratios, decreased by over 16 percentage points compared to the previous quarter [2] Group 3 - Cheng Siyun, the new chairman of HSBC Life, has over 20 years of experience in actuarial consulting, insurance, and reinsurance, and holds a degree in Actuarial Science from the London School of Economics [3] - Cheng joined HSBC Group in November 2023 and previously worked for Swiss Re for over a decade in various key positions across Hong Kong, Singapore, and Beijing [3]