The International Business Department of China Re P&C underwrites all classes of P&C reinsurance business with a focus on short-tail from all territories other than Mainland China as well as the Asia-Pacific Region. Effective January 1, 2017, the risk carrier of theinternational P&C reinsurance business written by the International Business Department has been changed to China Re P&C from China Re Group. The run-off business previously written on China Re Group’s paper will still be handled by the International Business Department.
China Re P&C started to take over management and operation of the international P&C reinsurance book from China Re Group in the 2nd half of 2013. With dedicated claims handling and technical accounting teams as well as the full support of China Re P&C’s back-office infrastructure, the operation of international business is anticipated to be on par with our international peers. Built up with internationally experienced and highly educated professionals, our underwriting team constantly explores high quality business opportunities.