Introducing Qianhai Cornerstone: A Promising Reinsurance Giant in China
Qianhai Cornerstone, also known as Qianhai Re (QHR), is making waves in the reinsurance industry of China. As the country's third licensed domestic reinsurance company, Qianhai Re is backed by strong policy support from the State Council, which aims to promote the growth and development of China's reinsurance sector. The company is headquartered in the Qianhai Free Trade Zone of Shenzhen, an area known for its economic vitality and strategic importance.
Qianhai Re offers a comprehensive range of business lines, including Property & Casualty, Life & Health, and Advisory. This wide-ranging expertise enables the company to cater to the diverse needs of its clients while also establishing a strong presence in the insurance market. With an initial capital of approximately USD 450 million (CNY 3 billion), Qianhai Re is backed by seven long-term strategic investors. These investors include notable names such as Qianhai Financial Holdings, China Post Group, and Shenzhen Capital, ensuring a solid financial foundation for the company.
The company is located on the 37th floor of Tower A in the SCC Building, situated at No. 88 Haide 1st Road, Nanshan District, Shenzhen, Guangdong 518064, CN. This prime location further reinforces the company's commitment to being at the epicenter of China's growing insurance industry.
Qianhai Re has earned an "A-" Financial Strength Rating (FSR) from AM Best, a leading global credit rating agency focused on the insurance industry. The company also boasts a "Stable" outlook, reflecting the strong potential for sustained growth and success in the future. This rating is a testament to the company's solid financial position and its ability to meet the needs of its clients.
The long-term strategic goal of Qianhai Re is to establish itself as a global reinsurance brand that is renowned for its innovative risk solutions and integrated capital management service. Through its commitment to making insurance more trustworthy and the world more enduring, Qianhai Re aims to create lasting value for its clients and partners.
For more information on Qianhai Re and its offerings, visit their official website at http://www.qianhaire.com/en/index.aspx. As the company continues to grow and expand its presence both in China and around the world, it looks forward to forging new partnerships and earning the trust of insurance clients everywhere.