China Taiping Insurance Holdings Company Limited (0966.HK)

7.700 +0.080 (+1.05%) At close: 04:08PM HKT

China Taiping Insurance Holdings Company Limited

China Taiping Finance Centre
25/F 18 King Wah Road
North Point
Hong Kong
852 2854 6100
https://www.ctih.cntaiping.com

Sector(s): Financial Services
Industry: Insurance - Life
Full-time employees: 65,378

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Sidong Wang	Executive Chairman of the Board	916k	N/A	1961
Mr. Zhaojun Yin	GM & Vice Chairman	916k	N/A	1965
Mr. Ruohan Zhang	CFO & Company Secretary	N/A	N/A	1976
Ms. Cynthia Choi	Head of Investor Relations	N/A	N/A	N/A
Mr. Yanjun Jiao	Chief Internal Auditor	N/A	N/A	1973
Mr. Kedong Li	Deputy GM & Executive Director	N/A	N/A	1968
Mr. Qingming Li	Chief Business Officer	N/A	N/A	N/A

Amounts are as of 31 December 2022, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in HKD.

Description

China Taiping Insurance Holdings Company Limited, an investment holding company, underwrites various insurance and reinsurance products in the People's Republic of China, Hong Kong, Macau, Singapore, and internationally. The company operates through three segments: Life Insurance Business, Property and Casualty Insurance Business, and Reinsurance Business. The Life Insurance Business segment provides life insurance products, such as corporate and personal retirement insurance, group life insurance, individual insurance, health insurance, and accident insurance products and annuities. The Property and Casualty Insurance segment offers property and casualty insurance products, including compulsory motor insurance, liability insurance, credit insurance, guarantee insurance, and short-term accident and health insurance, as well as the related reinsurance products. The Reinsurance segment provides property damage, life, marine cargo and hull, and miscellaneous non-marine reinsurance products. The company also engages in the asset management, insurance intermediary, financial leasing, property investment, and securities dealing and broking, as well as in elderly care investment businesses; manages investment funds; and provides back-to-back financing arrangement, as well as insurance broking and agency services. The company was formerly known as China Insurance International Holdings Company Limited and changed its name to China Taiping Insurance Holdings Company Limited in August 2009. The company was incorporated in 2000 and is headquartered in North Point, Hong Kong. China Taiping Insurance Holdings Company Limited operates as a subsidiary of China Taiping Insurance Group (HK) Co. Ltd.

Corporate governance

China Taiping Insurance Holdings Company Limited’s ISS governance QualityScore as of 1 May 2024 is 5. The pillar scores are Audit: 5; Board: 6; Shareholder rights: 2; Compensation: 5.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.