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Platformization, science and technology, globalization, unswervingly, the road of high quality development of China Re, China Re Group held the 2019 annual working conference

source: 浏览次数: Release time: January 29, 2019Views:

On January 28, the 2019 annual working conference of China Re Group was held in Beijing. The conference was guided by Xi Jinping's thoughts on socialism with Chinese characteristics in the new era, thoroughly implemented the spirit of the 19th National Congress of the Communist Party of China and the Central Economic Work Conference, elaborated the connotation of the high-quality development road of China Re, systematically reviewed the achievements of the reform and development of the Group in 2018, Make arrangements for annual key tasks.

Reviewing and summarizing in 2018, China Re Group faces complex and changing domestic and foreign development situations. With the strong support of shareholder units and regulatory authorities, it has comprehensively strengthened the party's leadership, has not forgotten its original intention to serve the national strategy, and worked together to make innovations, synergies, Three major battles of fission, major breakthroughs in the "One Three Five" strategy, and eight major highlights of reform and development: First, party building leads to build a red engine for reform and development of the group, helping Qinghai Salar Autonomous County take the lead in removing poverty from the whole, marking the first in the country. Regional poverty alleviation. The second is to compete for advanced position. The premium income market ranking of the reinsurance segment has successfully achieved leapfrogging, and China's domestic insurance market ranking has jumped from six to five. Third, the structure is optimized, and the status of the main channel of reinsurance continues to be consolidated. Fourth, the successful acquisition of British Bridge Insurance Group is the largest cross-border acquisition of a state-owned insurance company in China so far, opening a new chapter in the global development of China Re. Fifth, to further strengthen capital and pool wisdom, China Land Insurance successfully introduced strategic investors and raised 10.672 billion yuan, becoming the largest unlisted equity financing in the property and casualty industry in recent years; China Re Property Insurance and China Re Life Insurance respectively issued 4 billion yuan. And 5 billion yuan of capital supplementary bonds, comprehensive reserves of new momentum for development. The sixth is to aggregate resources and continue to upgrade the “catastrophic management ecosystem”, establish China ’s first fintech company focused on catastrophe risk management, and release China ’s first earthquake catastrophe model with independent intellectual property rights; expand the “strategic partner ecosystem” , Signed strategic cooperation agreements with 17 heavyweight units, expanding the scope of cooperation and industry coverage; continued to build a "global circle of friends", signed cooperation memorandums with 29 leading insurance companies along the "Belt and Road", and 122 overseas cooperation networks Countries and regions, and made positive breakthroughs in business. Seventh, technology empowerment, the full implementation of the "Digital China Re" strategy, the start of the first year of China Re technology, the reinsurance sector infrastructure has basically been realized, the IDI platform has taken effect, and the world's first "cloud architecture + micro service" model has been successfully launched. Somersault Cloud, the core business system of property insurance. Eighth, the value is demonstrated, the market value and cultural brand promotion effect have reached a new level, the group's cohesion has been continuously strengthened, and the brand influence has been increasingly expanded.

Combining with the latest requirements from the country and the industry, Yuan Linjiang, the party committee secretary and chairman of China Re Group, proposed that in the context of China ’s economic development turning to a high-quality development stage, China Re Group must unswervingly follow the path of high-quality development, that is, the new era of Xi Jinping Guided by the thought of socialism with Chinese characteristics, fully implement the "One Three Five" strategy, strive to play the role of the national reinsurance function, take platformization, technology, and globalization as the fulcrum, comprehensively and efficiently serve the national strategy, and actively lead the industry's innovation and upgrade. Customer-centric, to achieve more efficient product and service supply, more efficient development methods, and more comprehensive and diversified growth momentum, and promote China Re Group to become a comprehensive international reinsurance group with sustainable development capabilities and core competitiveness.

2019 is a crucial year for China Re Group to win the “One Three Five” strategy and accelerate the development and transformation of high quality. Chairman Yuan Linjiang proposed that China Re Group should use the party building work to guide the overall reform and development, take platformization, technology and globalization as the three strategic fulcrum, accelerate the transformation of the group to high-quality development, and realize the steady growth of the overall value of the group. He clearly put forward three development requirements: first, to accelerate the advancement of the platform, focusing on the “Belt and Road” platform, catastrophe management platform, co-insurance platform, business innovation platform, asset-liability collaboration platform, strategic collaboration management and control platform, and strategic research And eight major platforms for major innovation platforms and strategic partner platforms; the second is to accelerate the promotion of science and technology, focusing on optimizing the top-level design of science and technology innovation, accelerating the construction of "digital rein", the transformation of the "reinsurance direct protection" model, and technology-driven " The strategy of “three new and three focus” accelerates the implementation of land and strengthens the five aspects of the construction of the science and technology ecosystem. The third is to accelerate the promotion of globalization, focusing on the integration of bridge companies after mergers and acquisitions, the acceleration of global operation management and control capabilities, and the overall promotion of overseas institutions' development layout. Continue to improve the ability to use overseas funds and help cross-border integration and development in five areas.

Chairman Yuan emphasized that all work of the Group's system must be based on the promotion of China Re's transition to high-quality development. It must adhere to the bottom line thinking and strive to prevent and resolve various risks.

At the meeting, the Vice Chairman, President and Chun Lei of China Re Group made an annual business report, summed up China Re Group's 2018 operation and management work, thoroughly studied the market situation and opportunities and challenges, and clarified the overall business ideas and business goals for 2019. He pointed out that accelerating China Re's transition to high-quality development is the direction of the country's decision-making and market trends, and it is even more necessary to make up for shortcomings and achieve long-term development. In 2019, China Re will resolutely grasp the main tone of "stability while advancing", adhere to the three "unshakable" business concepts of market benchmarking, underwriting efficiency, and the risk compliance bottom line, and coordinate the implementation of "stable growth, structural adjustment, "Enhancing efficiency" business task, go all out to shape the new business structure of stronger and better, and accelerate the transformation of the group to high-quality development. At the same time, he contributed to the implementation of platformization, technology, globalization, refined management, accelerated transformation and growth of the property reinsurance sector, focused on optimizing the structure of the life insurance reinsurance sector, strengthening and expanding the direct insurance sector of the property insurance sector, and increasing investment in asset management. Innovative development of the insurance intermediary sector of the nine key business tasks carried out work deployment.

Zhang Hong, deputy secretary of the party committee of the China Re Group and chairman of the board of supervisors, presided over the meeting and made a concluding speech. He pointed out that in 2019, the entire group must strengthen their confidence, courage and take the initiative to accelerate the implementation of the Group's "One Three Five" strategy and strive to write The new chapter of the Group's high-quality development celebrates the 70th anniversary of the founding of the People's Republic of China with outstanding achievements.

At this meeting, the principals from China Re Property Insurance, China Re Life Insurance, China Land Insurance, China Re Assets, Huatai Brokerage, and the Group's Strategic Account Department also reported on the annual work of each unit. Members of the Party committee, board of directors, supervisory board, president's office, representatives of shareholder units, company leaders of various subsidiaries, senior deputy managers and above of the group company, principals of overseas representative offices and representatives of group retired cadres attended the meeting on site Video system participation.


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