罕见！珠江人寿“海选”5名高管，偿付能力报告已缺席4年

Core Viewpoint - Zhujiang Life Insurance Co., Ltd. has publicly recruited five key executives, including a general manager, for the first time in four years, indicating a strategic transformation phase amid a complex market environment [1] Group 1: Executive Recruitment - The company is seeking to enhance governance and operational standards by hiring a general manager, financial officer, board secretary, chief investment officer, and chief compliance officer [1] - The previous general manager, Fu Anping, had a notable background as one of the first actuaries in China and was involved in drafting the Insurance Law [1] - Fu Anping joined Zhujiang Life in April 2022, but his qualifications were only approved in May 2024, and he is expected to resign by August 2025 [1] Group 2: Company Background - Zhujiang Life was established in September 2012, headquartered in Guangzhou, with a registered capital of 6.7 billion yuan [2] - It is the only national life insurance company based in Guangzhou, with shareholders including Guangdong Zhujiang Investment Holding Group and Guangzhou Financial Holding Group [2] - The company achieved profitability of 42 million yuan in its fourth year, breaking the industry norm of achieving breakeven by the seventh year [2] Group 3: Financial Performance and Risks - Since 2021, Zhujiang Life has not disclosed financial data in its annual reports, and its solvency reports indicated a core solvency ratio of 52.02% and a comprehensive solvency ratio of 104.04% as of Q4 2021, nearing regulatory limits [2] - The company has significant exposure to real estate investments, with a reported overdue amount of 350 million yuan related to a real estate project [2] - As of 2022, the company has not released solvency reports or core operating data, but it claims that its main operating indicators are good and business costs are decreasing [3]