China Reinsurance (Group) Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Qianzhi Zhuang

Chief executive officer

CN¥856.0k

Total compensation

CEO salary percentage	38.2%
CEO tenure	1.4yrs
CEO ownership	n/a
Management average tenure	7yrs
Board average tenure	1.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Qianzhi Zhuang's remuneration changed compared to China Reinsurance (Group)'s earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	CN¥6b
Sep 30 2023	n/a	n/a	CN¥5b
Jun 30 2023	n/a	n/a	CN¥3b
Mar 31 2023	n/a	n/a	CN¥3b
Dec 31 2022	CN¥856k	CN¥327k	CN¥2b
Sep 30 2022	n/a	n/a	CN¥2b
Jun 30 2022	n/a	n/a	CN¥2b
Mar 31 2022	n/a	n/a	CN¥4b
Dec 31 2021	CN¥1m	CN¥292k	CN¥6b

Compensation vs Market: Qianzhi's total compensation ($USD118.13K) is below average for companies of similar size in the German market ($USD2.56M).

Compensation vs Earnings: Qianzhi's compensation has been consistent with company performance over the past year.

CEO

Qianzhi Zhuang (51 yo)

1.4yrs

Tenure

CN¥856,000

Compensation

Mr. Qianzhi Zhuang serves as President of China Reinsurance (Group) Corporation since March 17, 2023 and serves as its Chief Risk Officer since August 16, 2021. He served as Vice President of China Reinsur...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Chunlei He	Executive Chairman	7.2yrs	CN¥905.00k	no data
Qianzhi Zhuang	President	1.4yrs	CN¥856.00k	no data
Meipan Tian	CFO & Chief Actuary	11.3yrs	no data	no data
Shunming Cao	Chief Risk Officer & Compliance Controller	2.1yrs	CN¥1.49m	no data
Xiaoyun Zhu	VP, Joint Company Secretary	7yrs	no data	no data
Sau Mei Ng	Joint Company Secretary	7yrs	no data	no data
Huiqiang Zuo	Director of the International Business	no data	no data	no data
Ming Li	Business Director	no data	no data	no data
Ruohong Luo	Vice President of China Re Assets	no data	no data	no data
Shukai Liu	Director of BOD Office	no data	no data	no data
Xiaowei Lu	Vice President of China Continent Insurance	no data	no data	no data
Renjiang Zhang	General Manager of China Re P&C	no data	no data	no data

7.0yrs

Average Tenure

49yo

Average Age

Experienced Management: C53's management team is seasoned and experienced (7 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Chunlei He	Executive Chairman	7.2yrs	CN¥905.00k	no data
Qianzhi Zhuang	President	2.7yrs	CN¥856.00k	no data
Xiaoya Wang	Non-Executive Director	4.7yrs	no data	no data
Hailin Zhu	Chairman of Supervisory Board	1.6yrs	no data	no data
Bo Jiang	Independent Non-Executive Director	5.3yrs	CN¥250.00k	no data
Changsong Yang	Non-Executive Director	1.6yrs	no data	no data
Mei Ye	Non-Executive Director	less than a year	no data	no data
Wenfeng Li	Non-Executive Director	1.1yrs	no data	no data
Ho Fai Ma	Non-Executive Director	1.1yrs	no data	no data
Deming Dai	Independent Non-Executive Director	1.1yrs	no data	no data
Xiangxiang Jia	Non-Executive Director	less than a year	no data	no data
Zheng Zhou	Non-Executive Director	less than a year	no data	no data

1.3yrs

Average Tenure

58yo

Average Age

Experienced Board: C53's board of directors are not considered experienced ( 1.3 years average tenure), which suggests a new board.

China Reinsurance (Group) Management

Management criteria checks 3/4

Key information

Recent management updates

China Reinsurance (Group) Corporation Appoints Jia Xiangxiang and Zhou Zheng as the Non-Executive Directors

China Reinsurance (Group) Corporation Appoints Ye Mei as Member of the Nomination and Remuneration Committee

China Reinsurance (Group) Corporation Announces Appointment of Ye Mei as Member of the Audit Committee, A Member of Risk Management Committee, and Member and Chairlady of Related-Party Transactions Control Committee

China Reinsurance (Group) Corporation Officially Approves the Appointment of Ms. Ye Mei as Independent Non-Executive Director

China Reinsurance (Group) Corporation Announces Appointment of Members of Board Committees for the Fifth Session of the Board and Appointment of President

China Reinsurance (Group) Corporation Announces Board Changes

Recent updates

New major risk - Revenue and earnings growth

China Reinsurance (Group) Corporation Proposes Final Dividend for the Year Ended 31 December 2023, Payable on 23 August 2024

China Reinsurance (Group) Corporation to Report Fiscal Year 2023 Results on Mar 27, 2024

China Reinsurance (Group) Corporation Appoints Jia Xiangxiang and Zhou Zheng as the Non-Executive Directors

China Reinsurance (Group) Corporation Appoints Ye Mei as Member of the Nomination and Remuneration Committee

China Reinsurance (Group) Corporation Announces Appointment of Ye Mei as Member of the Audit Committee, A Member of Risk Management Committee, and Member and Chairlady of Related-Party Transactions Control Committee

China Reinsurance (Group) Corporation Officially Approves the Appointment of Ms. Ye Mei as Independent Non-Executive Director

First half 2023 earnings released: EPS: CN¥0.047 (vs CN¥0.04 in 1H 2022)

China Reinsurance (Group) Corporation Announces Appointment of Members of Board Committees for the Fifth Session of the Board and Appointment of President

China Reinsurance (Group) Corporation Provides Earnings Guidance for the First Half Year of 2023

China Reinsurance (Group) Corporation to Report First Half, 2023 Results on Aug 29, 2023

China Reinsurance (Group) Corporation Approves Final Dividend for the Year 2022, Payable on 22 August 2023

Upcoming dividend of CN¥0.014 per share at 2.8% yield

China Reinsurance (Group) Corporation Proposes Final Dividend for the Year Ended 31 December 2022, Payable on 22 August 2023

Full year 2022 earnings released: EPS: CN¥0.04 (vs CN¥0.15 in FY 2021)

China Reinsurance (Group) Corporation Provides Earnings Guidance for the Year Ended December 31, 2022

China Reinsurance (Group) Corporation Announces Board Changes

China Reinsurance (Group) Corporation Receives Approval from CBIRC for Appointment of Zhu Hailin as Supervisor

Less than half of directors are independent

China Reinsurance (Group) Corporation Announces Board Changes

China Reinsurance (Group) Corporation Announces Management Changes

China Reinsurance (Group) Corporation Announces Executive Appointments

China Reinsurance (Group) Corporation Announces Resignation of Executive Director and Appointment of Chairman of the Board and Chairman of Specialized Committee of the Board

First half 2022 earnings released: EPS: CN¥0 (vs CN¥0.094 in 1H 2021)

China Reinsurance (Group) Corporation Announces Change in the Composition of Specialized Committees of the Board

China Reinsurance (Group) Corporation to Report First Half, 2022 Results on Aug 29, 2022

China Reinsurance (Group) Corporation Provides Earnings Guidance for the Year 2022

China Reinsurance (Group) Corporation Proposes Final Dividend for the Year Ended 31 December 2021, Payable on 18 August 2022

Upcoming dividend of CN¥0.045 per share

China Reinsurance (Group) Corporation, Annual General Meeting, Jun 23, 2022

China Reinsurance (Group) Corporation Announces Resignation of Xiong Lianhua as Chairlady of the Board of Supervisors

Full year 2021 earnings released: EPS: CN¥0.15 (vs CN¥0.13 in FY 2020)

Less than half of directors are independent

Full year 2021 earnings released

China Reinsurance (Group) Corporation Proposes Final Dividend for the Year Ended 31 December 2021, Payable on 18 August 2022

Insider recently bought €1.1m worth of stock

First half 2021 earnings released: EPS CN¥0.094 (vs CN¥0.058 in 1H 2020)

Non-Executive Director Xiuli Lu has left the company

Full year 2020 earnings released: EPS CN¥0.13 (vs CN¥0.14 in FY 2019)

China Reinsurance (Group) Corporation Recommends the Payment of Final Dividend for the Year Ended December 31, 2020

Full year 2020 earnings released

China Reinsurance (Group) Corporation to Report Fiscal Year 2020 Results on Mar 29, 2021

China Reinsurance (Group) Corporation Announces Resignation of Ren Xiaobing as Executive Director, Member of the Strategy and Investment Committee and Member of the Risk Management Committee, Vice President, Compliance Controller, and Chief Risk Officer

VP, Compliance Controller, Chief Risk Officer & Executive Director has left the company

First half earnings released

First half earnings released

China Reinsurance (Group) Corporation to Report First Half, 2020 Results on Aug 28, 2020

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age