PICC Reinsurance Company Limited

PICC Reinsurance Co., Ltd

PICC Reinsurance Co., Ltd. was approved to open on February 20, 2017 with a registered capital of RMB 1 billion.

scope of business

Business scope of the company: commercial reinsurance business of property insurance, commercial reinsurance business of life insurance, commercial reinsurance business of short-term health insurance and accident insurance; service and consulting business of the above reinsurance business; insurance fund utilization business permitted by national laws and regulations; other business approved by CIRC.

Regulatory approval

PICC Reinsurance Co., Ltd. (Preparatory): your preparatory group's request for instructions on submitting the application materials for the opening of PICC Reinsurance Co., Ltd. and relevant supplementary materials have been received. Upon examination and approval, we hereby give the following reply: 1. We agree to the opening of PICC Reinsurance Co., Ltd. (2) to approve the articles of association of PICC Reinsurance Co., Ltd. (attached). 3. The registered capital of the company is RMB 1 billion. 4. The company's domicile (business place) is the west area, 7th floor, China People's Insurance Building, No. 88, West Chang'an Street, Xicheng District, Beijing. 5. The legal representative of the company is Sheng Hetai. 6. Business scope of the company: commercial reinsurance business of property insurance, commercial reinsurance business of life insurance, commercial reinsurance business of short-term health insurance and accidental injury insurance; service and consulting business of the above reinsurance business; insurance fund utilization business permitted by national laws and regulations; other business approved by CIRC. please go to the industry and Commerce Department for registration and other relevant procedures with this article and the "license for legal person of insurance institution" issued by our association. CIRC February 20, 2017

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