4月23日，中国人民银行举行新闻发布会，介绍《上海国际金融中心进一步提升跨境金融服务便利化行动方案》（以下简称《行动方案》）有关情况。 尹江鳌介绍，从我们国家再保险市场两个主要的指标来看，再保险发展空间还是比较大的。第一个指标是再保险的市场排名，2024年我国再保险市场规模大 概316亿美元，占全球再保险保费规模约3.5%，我国排在全球第七位，但我国直保市场规模大概有8000亿美元，占全球直保保费规模7.2万亿美元的11%，这 是一个估算数，我国直保保费居全球第二位。从这些指标来看，我们国家再保险市场的地位与国家的经济体量以及国家直保市场地位相比，目前还不匹配。 另外一个指标是再保险的渗透比例，2024年我国再保险保费占直保保费的比例大概是4%，全球这个比例大概是12.5%，我们比例明显低于全球平均水平。 尹江鳌表示，下一步，金融监管总局将持续强化与有关部门和上海市政府等的协调配合，积极推动建设要素聚集、业务集中、交易活跃、规则完善的登记交 易中心，支持将上海打造成为具有国际竞争力的再保险中心。 金融监管总局财产保险监管司司长尹江鳌在介绍上海国际再保险中心建设时提到，2024年我国再保险市场规模大概316亿美 ...

中国人民银行当天举行新闻发布会，介绍近日印发的《上海国际金融中心进一步提升跨境金融服务便利 化行动方案》有关情况。 尹江鳌在发布会上介绍，当前上海国际再保险中心建设的制度机制逐步建立，机构聚集初具规模，截至 2025年3月末，已有22家再保险运营中心和再保险分公司等机构在上海临港设立。与此同时，登记交易 业务平稳起步，且今年登记金额和交易金额有望跃上新台阶。 他指出，中国再保险发展空间较大。2024年中国再保险市场规模约为316亿美元，占全球再保险保费规 模的3.5%，排在全球第七位，但中国直保市场规模约有8000亿美元，约占全球直保保费规模的11%，居 全球第二位。 中国国家金融监管总局财产保险监管司司长尹江鳌23日介绍，目前上海国际再保险中心建设取得阶段性 进展。其中，业务方面，上海国际再保险中心业务登记规模已超1100亿元人民币。 他表示，国家金融监管总局下一步将持续强化与有关部门和上海市政府等的协调配合，积极推动建设要 素聚集、业务集中、交易活跃、规则完善的登记交易中心，支持将上海打造成为具有国际竞争力的再保 险中心。(完) （文章来源：中国新闻网） "从这些指标看，中国再保险市场地位与中国经济体量以 ...

Core Insights - The global insurance industry is undergoing significant transformation in 2024 due to natural disasters causing $320 billion in losses, geopolitical conflicts increasing special risk premiums, and fluctuating asset valuations from changing interest rate policies [1] - In China, the insurance market is experiencing growth with total premium income expected to reach approximately 5.7 trillion yuan, a year-on-year increase of 11.15%, which positively impacts the reinsurance market [1] Group 1: Financial Performance - China Reinsurance achieved insurance service revenue of 101.36 billion yuan in 2024, a year-on-year increase of 1.6% [1] - Net profit reached 11.08 billion yuan, up 91.3%, with net profit attributable to shareholders at 10.56 billion yuan, an increase of 86.8% [1] - The weighted average return on equity rose by 4.52 percentage points to 10.74%, with a dividend per share of 0.050 yuan, reflecting a 19.0% increase [1] Group 2: Underwriting and Investment Performance - The underwriting performance of China Reinsurance saw a record high in 2024, with a year-on-year growth exceeding 170% [3] - The combined ratio for domestic property reinsurance increased by 0.33 percentage points to 99.86%, while the overseas business ratio rose by 3.64 percentage points to 89.38%, maintaining a healthy level [3] - Total investment income reached 17.39 billion yuan, a year-on-year increase of 86.9%, with an investment yield of 4.83%, up 2.06 percentage points [4] Group 3: Strategic Positioning and Market Opportunities - China Reinsurance holds a dominant position in the domestic reinsurance market, with a client coverage rate of 98% and over 40% of contracts as the chief reinsurer [6] - The company is capitalizing on the historical opportunity in the reinsurance sector, as the insurance asset ratio in China is only 7%, significantly lower than the international average [5] - China Reinsurance is innovating to meet new market demands, such as launching "zero deductible" health insurance products and tailored insurance for specific groups [7][8] Group 4: Contribution to National Strategy - The company is actively involved in the national catastrophe insurance system, participating in pilot projects across 21 provinces and cities [8] - China Reinsurance has established a technology company focused on catastrophe risk management, developing proprietary models for natural disasters [8] - The firm is also contributing to the construction of the Shanghai International Reinsurance Center, enhancing its international presence and market influence [8]

Group 1 - Tencent has established FuSure Reinsurance, which recently received a long-term insurance license from the Hong Kong Insurance Authority, allowing it to integrate its general insurance business into a composite license management system [1] - FuSure Reinsurance aims to diversify its product line and expand into international markets, focusing on low-volatility personal risk reinsurance products such as health and accident insurance, while also exploring innovation opportunities in health, auto, pet, cyber security, and liability insurance [1] - The company was registered in Hong Kong in May 2020 with a registered capital of HKD 1 billion, with Tencent holding an 85.01% stake and Grand Azure Limited holding the remaining 14.99% [1] Group 2 - The Hong Kong Insurance Authority emphasizes Hong Kong's role as a "super connector" between mainland China and international markets, facilitating mainland companies' expansion abroad and helping to diversify insurance risks [2] - The authority encourages the industry to develop innovative solutions for monitoring, transferring, mitigating, and managing risks for both mainland and overseas clients, enhancing Hong Kong's status as a global risk management center [2] - All professional reinsurance companies in Hong Kong can benefit from a 50% reduction in profits tax for their reinsurance business [2]