China Reinsurance proposes governance and shareholding amendments

China Reinsurance (Group) Corporation announced on October 31, 2025, that its board has approved proposed amendments to the company's Articles of Association. These changes, driven by new PRC laws and regulatory requirements, include significant adjustments to shareholder and board functions. The term "shareholders' general meeting" will be uniformly changed to "shareholders' meeting," and the Board of Supervisors will be abolished, with its functions transferred to the board's audit committee.

The proposed amendments also address the responsibilities of the chief compliance officer and corporate guarantees. Notably, provisions concerning financial assistance for share purchases will be deleted or amended due to the abolishment of mandatory overseas listing requirements.

Shareholders holding 1% or more of the company's shares for over 180 consecutive days will gain the right to inspect accounting books and vouchers. Any distribution of the company’s profits in violation of laws or regulations must be returned. The amendments are subject to approval by a special resolution at the shareholders' meeting and the insurance regulatory authority.