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The cooperation results between China Re Group and Portuguese Loyalty Insurance Group were selected into the list of achievements of the “Belt and Road” summit forum

source: 浏览次数: Release time: April 28, 2019Views:

From April 25th to 27th, the second Belt and Road Forum for International Cooperation was successfully held in Beijing. As the "national team" of reinsurance, China Re Group actively participated in the summit forum and reached a consensus on cooperation with Portugal's Loyalty Insurance Group. The results of this intention were included in the list of achievements of the current “Belt and Road” summit forum.

(Image source: Xinhuanet)

Portugal Loyalty Insurance Group is one of the oldest insurance companies in Europe and the largest insurance company in Portugal, with a 30% share in the Portuguese insurance market. Loyalty insurance has very strong business strength and brand influence in other global business regions, especially Portuguese-speaking countries. China Re Group and Loyalty Insurance have reached a strategic cooperation agreement. The two sides will jointly provide risk protection for China's overseas interests in Portugal, Angola, Mozambique, Cape Verde and Peru in the construction of the “Belt and Road” initiative, and cooperate to jointly develop markets in third countries. . At the same time, the two sides will also look for opportunities for cooperation in the construction of the Guangdong-Hong Kong-Macao Greater Bay Area, in particular to leverage the influence of loyalty insurance in Portuguese-speaking countries and provide professional services for the development of the Portuguese-speaking country market in Macau.

Up to now, China Re Group has established a “Belt and Road” partnership with 29 international insurance institutions, which can provide local service channels for Chinese overseas interests in 123 countries and regions around the world, and jointly serve the “Belt and Road” construction of high-quality development.


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