China Re

Beijing, China Founded: 1949 • Age: 77 yrs
Reinsurance company
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About China Re

China Re is a company based in Beijing (China) founded in 1949.. The company has 49,040 employees as of December 31, 2024. China Re has completed 2 acquisitions, including Chaucer and Chaucer Group. China Re operates in a competitive market with competitors including Peak Re and Fucheng Reinsurance, among others.

  • Headquarter Beijing, China
  • Employees 49040 as on 31 Dec, 2024
  • Stage Public
  • Sectors
    Financial Services
  • Phone
    *********
  • Website
    *********
  • Legal Name China Reinsurance (Group) Corp. Class H
Operational Areas
Financial Services → Insurance & Risk Management
Key Metrics
  • Annual Revenue
    $15.79 B (USD)
    0.55
    as on Dec 31, 2024
  • Net Profit
    $1.47 B (USD)
    83.26
    as on Dec 31, 2024
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    49040

    as on Dec 31, 2024

  • Investments & Acquisitions
    Chaucer

    & 1 more

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IPO & Listings of China Re

China Re is a publicly listed company on the HKEX with ticker symbol 1508 in Hong Kong, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: HKEX · Ticker: 1508 . Sector: Finance · Hong Kong

Funding Insights of China Re

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investments & Acquisitions by China Re

China Re has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Chaucer and Chaucer Group. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Digital, financial, and related services are provided for enterprises.
1995
Property, casualty, and marine insurance and reinsurance services are provided.
1922
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - China Re

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

China Re Comparisons

Employees
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Competitors of China Re

China Re operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Peak Re and Fucheng Reinsurance, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Reinsurance solutions for life, health, property, and casualty are offered.
domain founded_year HQ Location
Provides comprehensive reinsurance services to manage client risks.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on China Re

Frequently Asked Questions about China Re

When was China Re founded?

China Re was founded in 1949.

Where is China Re located?

China Re is headquartered in Beijing, China.

Who is the current CEO of China Re?

Yuan Linjiang is the current CEO of China Re.

How many employees does China Re have?

As of Dec 31, 2024, the latest employee count at China Re is 49,040.

What is the annual revenue of China Re?

Annual revenue of China Re is $15.79B as on Dec 31, 2024.

What does China Re do?

Founded in 1949 and headquartered in Beijing, China, China Re operates in the reinsurance sector. Comprehensive services are provided, including life and health reinsurance, primary insurance, asset management, insurance intermediation, and nuclear insurance. These offerings target both individuals and corporate clients across various regions. In 2020, annual revenues of 24 billion were recorded, alongside a net profit of 829.5 million.

Who are the top competitors of China Re?

China Re's top competitors include Peak Re and Fucheng Reinsurance.

Is China Re publicly traded?

Yes, China Re is publicly traded on HKEX under the ticker symbol 1508.

How many acquisitions has China Re made?

China Re has made 2 acquisitions, including Chaucer, and Chaucer Group.

What is China Re's ticker symbol?

The ticker symbol of China Re is 1508 on HKEX.

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