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01508 CHINA RE
RTNominal up0.710 +0.030 (+4.412%)
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17/12/2019 09:57

China Re (01508) unit gets insurance business authorisation

[ET Net News Agency, 17 December 2019] China Reinsurance (Group) Corporation (01508)
said China Reinsurance (Hong Kong) Company Limited (China Re HK), a wholly-owned
subsidiary of China Life Reinsurance Company Ltd. (China Re Life), a subsidiary of the
company, recently has been authorised to carry on insurance business in or from Hong Kong
by Hong Kong Insurance Authority (HKIA).
Such company was registered in Hong Kong with a registered capital of HKD2 billion and
is mainly engaged in life and health reinsurance business. (RC)

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