横琴人寿副总经理张林离任，公司高管变动频现

Group 1 - The departure of Zhang Lin, a key executive, reflects ongoing adjustments within the management team of Hengqin Life Insurance, which has seen a reduction from 8 to 5 executives since the beginning of 2024 [1][2][3] - Zhang Lin held multiple significant roles within the company, including Vice General Manager and Secretary of the Board, and his exit is part of a broader trend of high-level personnel changes since the new chairman Qian Zhonghua took office [2][3] - The company has experienced several leadership changes, including the retirement of former chairman Lan Yadong and the appointment of Qian Zhonghua, who is expected to stabilize the company and lead a new team towards breakthroughs [3] Group 2 - Hengqin Life Insurance reported a net loss of 357 million yuan in Q1 2025, with insurance business revenue declining by 27% to 2.836 billion yuan [4] - The company's financial performance has been volatile, with cumulative net losses of 1.515 billion yuan over the past three years, attributed to declining bond yields and increased market volatility [4] - As of the end of Q1, the comprehensive solvency adequacy ratio was 188.61%, down 3.27 percentage points from the previous quarter, while the core solvency adequacy ratio was 156.25%, down 3.29 percentage points [5] Group 3 - Despite the decline in solvency ratios, Hengqin Life's capital base remains solid, exceeding regulatory minimum requirements, indicating the company's ability to manage risks [5] - The company aims to enhance its internal growth capabilities and optimize its risk management system to improve its risk composite rating, which remains at a B level [5]