Core Viewpoint - The establishment of the Shanghai International Reinsurance Registration and Trading Center is a significant step towards enhancing Shanghai's status as a global insurance hub and international financial center [1][2]. Group 1: Development of the Reinsurance Center - The Shanghai International Reinsurance Registration and Trading Center has begun to establish a reinsurance market system, aiming to create a more efficient, standardized, transparent, and regulated reinsurance trading ecosystem [1]. - The center is positioned as a public infrastructure and backend service, facilitating the digital and standardized transformation of the Chinese market on a global scale [1]. Group 2: Participation and Transactions - As of September 2025, 26 insurance institutions have gathered at the center, with 6 foreign institutions establishing trading seats, covering regions such as the UK, Barbados, Congo (Kinshasa), Hong Kong, and Taiwan [2]. - The center has granted trading permissions to 128 institutions, including 94 domestic and 34 foreign entities, spanning 14 countries and regions, thereby forming a preliminary complete reinsurance industry chain [2]. - From January to September 2025, the center recorded a trading premium of 4.511 billion yuan and a ceded business premium of 96.539 billion yuan, with an incoming business premium of 11.271 billion yuan [2]. Group 3: Regulatory Framework and Industry Collaboration - The center has developed and published 8 business rules in two batches, aligning regulations, management, and standards with international norms, with approval from the financial regulatory authority [2]. - A unified code library for identifying global reinsurance trading entities has been launched, covering 845 domestic institutions and 2,421 foreign institutions [2]. - A joint initiative has been issued by 29 domestic and foreign institutions, including China Pacific Insurance, China Re, and Ping An Property & Casualty, to utilize the infrastructure services and standards of the Shanghai International Reinsurance Registration and Trading Center [2]. Group 4: Future Outlook - The Shanghai insurance industry aims to leverage reinsurance as an "amplifier," "regulator," and "connector," striving to build a new ecosystem characterized by "daring to insure," "insuring wisely," and "insuring effectively" [3]. - The industry is committed to advancing the construction of the Shanghai International Reinsurance Center to elevate Shanghai's international financial center status and contribute to the development of a strong financial nation [3].
上海加快建设国际再保险中心
Jing Ji Guan Cha Wang·2025-10-29 14:12