前三季登记保费超千亿元，上海正在吸引全球再保目光

Core Insights - A more efficient, standardized, transparent, and regulated reinsurance trading ecosystem is rapidly forming in Shanghai [1] Group 1: Development of the Reinsurance Registration Trading Center - As of September 2025, 26 insurance institutions have gathered at the Reinsurance Registration Trading Center, with 6 foreign institutions establishing trading seats [1] - A total of 128 institutions have been granted trading permissions, including 94 domestic and 34 foreign institutions, covering 14 countries and regions globally [1] - In the first nine months of this year, the trading center recorded reinsurance premiums of 4.511 billion yuan, with ceded business premiums at 96.539 billion yuan and assumed business premiums at 11.271 billion yuan, totaling over 100 billion yuan [1] Group 2: Strategic Importance and Market Potential - The Reinsurance Registration Trading Center is a key component in the construction of the Shanghai International Reinsurance Center, which aims to enhance the reinsurance market in China [2] - China's reinsurance market ranks seventh globally, but its reinsurance penetration rate of 4.6% is below the global average of 12.5%, indicating significant growth potential [2] Group 3: Innovations and Digital Transformation - The trading center aims to address common challenges in reinsurance transactions, such as high operational costs and errors due to manual processes, by establishing a digital and standardized infrastructure [3] - The center facilitates online trading services through a digital platform, allowing domestic and foreign insurance institutions to connect easily and reduce information exchange costs [3] - The center has introduced a trading seat mechanism to support foreign institutions without a physical presence in China, lowering their entry costs [4] Group 4: Cross-Border Transactions and Financial Facilitation - The People's Bank of China provides convenience for cross-border fund settlements for reinsurance transactions conducted through the trading center using free trade accounts [4] - Ongoing research is being conducted to promote policies that facilitate the overseas investment of income from cross-border reinsurance business [4]