Liang Tao, former vice chairman of the Banking Insurance Regulatory Commission, said at the “Set Sailing · 2025 Financial Annual Meeting” today that reinsurance should be vigorously developed. A strong reinsurance market is an important support for ensuring economic and financial security. Various types of catastrophic risks, novel risks, and complex risks can be transferred and distributed globally. Therefore, it is necessary to use the construction of the Shanghai International Reinsurance Center to attract the gathering of resources such as funds and talents from global insurance reinsurance institutions, build a global risk distribution center and pricing center, and drive the improvement of the overall service level of the domestic insurance industry by introducing advanced international experience, product concepts, and service models.

Liang Tao, former vice chairman of the Banking Insurance Regulatory Commission, said at the “Set Sailing · 2025 Financial Annual Meeting” today that reinsurance should be vigorously developed. A strong reinsurance market is an important support for ensuring economic and financial security. Various types of catastrophic risks, novel risks, and complex risks can be transferred and distributed globally. Therefore, it is necessary to use the construction of the Shanghai International Reinsurance Center to attract the gathering of resources such as funds and talents from global insurance reinsurance institutions, build a global risk distribution center and pricing center, and drive the improvement of the overall service level of the domestic insurance industry by introducing advanced international experience, product concepts, and service models.