Swiss Re named China Reinsurer of the Year 2013
For the fourth year in a row, Swiss Re's China team has won the China Reinsurer of the Year Award.
The award is part of the "Focus of Insurance Awards,” run by China Insurance Marketing, a leading and highly respected trade publication in China. This is the fourth time we have won in this category since 2010, the first year the prize was awarded.
Qin Lu, President of Swiss Re China, received the award at the ceremony on 16 January in Beijing. The judging panel highlighted the following as the key reasons for their decision:
• contributing to the regulatory framework development by participating in the C-ROSS project as the only foreign reinsurer and providing valuable suggestions to the regulators.
• supporting the insurance industry to improve know-how on natural disaster risks by providing clients free access to Swiss Re's natural disaster tools and data, e.g. the CatNet tool.
• helping the industry to improve risk management standards by sharing knowledge and experience through workshops and seminars.
Among winners in other categories, China Pacific Life Insurance Company (CPIC Life) won the Most Innovative Life Product Award for the cancer insurance product we jointly launched with them.
As in previous years, Swiss Re also sponsored the Corporate Social Responsibility Award. Qin presented the award to four winners this year, namely, New China Life, China Continental, China Post and Sino Sure.
More stories (in Chinese only) on the awards can soon be found on sina.com, a leading news portal in China.
Qin Lu (left) presents award.
Qin Lu (right) receives the award from a judge.
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