“掌门人”落定，整改通报曝光沉疴！长江财险如何再出发

Core Viewpoint - Changjiang Property Insurance Co., Ltd. has appointed Zhang Long as the new chairman amid a critical transition period, coinciding with the release of a rectification report highlighting numerous governance shortcomings that need to be addressed [1][4][5]. Group 1: Leadership Changes - Zhang Long has been approved as the chairman of Changjiang Property Insurance by the Hubei Regulatory Bureau of the National Financial Supervisory Administration [3]. - Zhang Long, born in 1976, has extensive experience in financial management, having held various leadership positions in Hubei's financial institutions [3]. - The company has experienced frequent leadership changes, with the previous chairman, Zhao Hongbing, serving less than a year before leaving due to work relocation [4]. Group 2: Rectification Tasks - A rectification report was published just before Zhang Long's appointment, detailing 38 tasks aimed at improving risk management, internal controls, and organizational structure [5][6]. - The report emphasizes enhancing the risk management system, compliance culture, and support for key industries and projects in line with national strategies [6]. Group 3: Financial Performance - Changjiang Property Insurance recently ended an 8-year loss streak, reporting an insurance business income of 1.304 billion yuan and a net profit of 3 million yuan in 2024 [9]. - In the first half of 2025, the company achieved an insurance business income of 980 million yuan, a 37% year-on-year increase, with a total risk coverage of 8.172 trillion yuan [9]. - The company is shifting its focus from auto insurance, which decreased from 48.15% in 2023 to 37.65% in 2024, to non-auto insurance sectors, which have shown profitability [9][10]. Group 4: Strategic Focus - The shift towards non-auto insurance is seen as a strategy to reduce reliance on the loss-making auto insurance segment and to capitalize on emerging markets such as agricultural and health insurance [10]. - Industry experts suggest that non-auto insurance markets offer significant growth potential, allowing smaller companies to leverage regional flexibility and innovation for high-quality development [10].