珠江人寿经营困局仍待解

Core Viewpoint - The insurance industry is experiencing a wave of executive recruitment, with Zhujiang Life Insurance Co., Ltd. publicly seeking to fill five senior management positions, including a general manager, amid ongoing operational challenges and a lack of transparency in financial reporting [1][4]. Group 1: Executive Recruitment - Zhujiang Life is looking to hire a total of five senior executives, including a general manager, CFO, board secretary, chief investment officer, and chief compliance officer, with applications due by January 15, 2026 [3][4]. - The requirements for the general manager position include over 15 years of experience in the finance/insurance industry, with at least 10 years in life insurance management [3]. - The previous general manager, Fu Anping, has transitioned to a role at Xingfu Life Insurance, indicating a significant leadership change within Zhujiang Life [3][4]. Group 2: Company Challenges - Zhujiang Life, established in 2012, is the only national life insurance company headquartered in Guangzhou, facing significant operational challenges, including a lack of financial disclosures and ongoing solvency issues [5][6]. - The company has struggled with investment risks, particularly in the real estate sector, with overdue investments amounting to 3.5 billion yuan and total overdue investment assets of 30.94 billion yuan as of the end of 2021 [5][6]. - As of the end of 2021, Zhujiang Life's core and comprehensive solvency ratios were 52.02% and 104.04%, respectively, indicating that its solvency is below regulatory thresholds [6].