Core Viewpoint - China Reinsurance has appointed Zhuang Qianzhi as the new chairman, succeeding He Chunlei, who retired due to reaching the statutory retirement age. This leadership change is expected to influence the company's strategic direction and operations moving forward [1][2][3]. Group 1: Leadership Change - Zhuang Qianzhi has been appointed as the chairman of China Reinsurance, with his term lasting until the end of the current board's tenure, and he will serve as the legal representative and chairman until officially taking office [2]. - Zhuang Qianzhi, born in January 1972, holds a PhD in economics and has extensive experience in the financial sector, including previous roles at China Reinsurance and other financial institutions [2]. - He Chunlei, the former chairman, retired on September 18, 2023, after a significant tenure that included leading the company through its initial public offering in Hong Kong and achieving substantial growth in premium income [3]. Group 2: Financial Performance - As of June 30, 2023, China Reinsurance reported operating revenue of 61.028 billion yuan, a year-on-year increase of 0.6%, and a net profit attributable to shareholders of 6.244 billion yuan, reflecting a 9.0% growth [4]. - The company's insurance service revenue decreased by 1.4% during the reporting period, with property reinsurance revenue declining by 2.2% and life reinsurance revenue dropping by 19.2% [4]. - In contrast, the direct property insurance business saw a revenue increase of 4.1%, amounting to 24.117 billion yuan [4].
中国再保险,换帅!