Reinsurance News

Shanghai

Shanghai Asian Insurance Brokers (UK) & Altum Risk secure SIRE authorisation

14th August 2025

Shanghai Asian Insurance Brokers (UK) Ltd, alongside its Appointed Representative Altum Risk Ltd, have been authorised to fully operate on the Shanghai Insurance and Reinsurance Exchange (SIRE) platform. This authorisation, effective from 6 March 2025 to 5 March 2028, allows both companies to delegate representatives to conduct contract negotiations, consultations, data ... Read the full article

Lloyd’s broker SAIB (UK) granted trading seat at Shanghai International Reinsurance Exchange

21st March 2025

Shanghai Asian Insurance Brokers (UK) Ltd. (SAIB UK) is one of six institutions, although the first and only UK-based Lloyd's broker, recently granted a trading seat at the Shanghai International Reinsurance Exchange (SIRE). The introduction of trading seats at the SIRE aims to create greater market transparency, efficiency, and international participation. SIRE ... Read the full article

Zhibao Technology launches Shanghai-based Longevity Risk Lab

11th December 2024

InsurTech company Zhibao Technology announced the launch of the Longevity Risk Lab (LRL) based in Shanghai during its first Longevity Risk Conference on December 8, 2024. The LRL will be co-managed by Zhibao, the Shanghai International Reinsurance Registration and Trading Center (a division of SHIE), and the Insurance School of the ... Read the full article

Shanghai’s reinsurance trading platform signs first inwards deal

9th November 2023

The Shanghai Insurance Exchange’s international reinsurance trading platform, which was launched last month, recently signed its first inward business agreement at the sixth China International Import Expo. AXA Hong Kong Property & Casualty Insurance was the original insurer, while AXA Tianping Property & Casualty Insurance served as the reinsurer. The trade ... Read the full article

Shanghai unveils global reinsurance platform

30th October 2023

The Shanghai Insurance Exchange (SIE) has launched its international reinsurance business trading platform, as well as the first batch of market rules, marking the latest progress in developing the city as a reinsurance hub. According to the announcement, the platform is the key digital infrastructure of the Shanghai International Reinsurance Trading ... Read the full article

Shanghai global reinsurance centre goals bolstered by supportive regulations

1st June 2023

Shanghai's intentions to build itself into a global reinsurance centre have been further bolstered by the news that an international reinsurance trading market, or reinsurance international board, will be launched in the near future, according to a report from China Daily. Zhang Zhongning, deputy director of the general office of the ... Read the full article