TPRe has been operating in Hong Kong for 35 years and is the largest professional reinsurance company incorporated in Hong Kong, underwriting all classes of non-life general reinsurances and certain classes of long-term life reinsurance business, from all over the world.
Paid-up capital has been increased from HK$4.7461 billion to HK$5.1461 billion.
Taiping Reinsurance Co. Ltd. Representative Office in Japan registered successfully.
Paid-up capital has been increased from HK$4.2461 billion to HK$4.7461 billion.
Taiping Reinsurance (China) Company Limited established. In the meantime, Taiping Reinsurance (China) Company Limited substituted for the function of Taiping Reinsurance Beijing Branch.
TPRe obtained the qualification from Lloyd's to be a member company. Taiping Re UK Ltd entered to Lloyd's officially.
Paid-up capital has been increased from HK$3.05 billion to HK$4.2461 billion.
Paid-up capital has been increased from HK$2.7 billion to HK$3.05 billion.
Paid-up capital has been increased from HK$2.35 billion to HK$2.7 billion, while the authorised capital remains HK$3 billion.
Paid-up capital has been increased from HK$1.85 billion to HK$2.35 billion, while the authorised
capital remains HK$3 billion.
Paid-up capital has been increased from HK$1.6 billion to HK$1.85 billion, while the authorised capital remains HK$3 billion.
CIRe changed its name to Taiping Reinsurance Company Limited ("TPRe").
Beijing Branch was successfully established and open for business in December 2008, in time to
engage in the reinsurance business for all classes of treaty and facultative reinsurance, life or non-life,
with inception date 1st January 2009 or after.
TPRe received formal approval from China Insurance Regulatory Commission to be designated and
supervised as a Chinese reinsurance company.
Beijing Representative Office started operation, China market strategy set in motion.
(Following the start of Beijing Branch, the Beijing Representative Office was withdrawn in 2009)
Labuan Branch established.
Ownership of TPRe was transferred to CTIH before CTIH's public listing on the Main Board of The
Stock Exchange of Hong Kong Limited (HKSE) in June.
The shareholding of TPRe by The People's Insurance Company of China, Beijing ("PICC") was
transferred to TPG.
Company name changed to China International Reinsurance Co Ltd ("CIRe").
Realignment of shareholders whereas TPG (HK) held 51.67%, PICC held 33.33% and Ming An held the
PICC joined as a shareholder with a 50% share, China Insurance Co. Ltd., Beijing ("CIC") 20%, The Ming An Insurance Co. (H.K.) Ltd., Hong Kong ("Ming An") and old TPI 15% each; paid-up capital increased
to HK$10 million.
TPRe was incorporated in Hong Kong (originally in name of China Reinsurance Co., (Hong Kong) Ltd.) with initial capital of HK$5 million with shareholders of Ming An, CIC and old TPI.