AXA International Reinsurance (Shanghai) Company Limited
🛡️ AXA International Reinsurance (Shanghai) Company Limited refers to AXA's PRC reinsurance entity in Shanghai, which previously operated as XL Reinsurance (China) Company Limited (信利再保险（中国）有限公司) and, following a 2024 regulatory approval, changed its name to 安盛环球再保险（上海）有限公司 (AXA Global Reinsurance (Shanghai) Co., Ltd.).[1] The company holds PRC insurance legal-person license number 000147 and is authorized for property/casualty reinsurance, short-term health and accident reinsurance, as well as related consulting and insurance fund utilization within its approved scope.[2] AXA disclosures confirm that AXA China Region Insurance Company (Bermuda) Limited completed acquisition of all shares of XL Re China, and the company's narrative describes a strategic shift from direct insurance underwriting toward reinsurance beginning in 2019–2020 under regulatory approvals.[3] In its accessible 2023 Q3 solvency disclosure, the entity reported total assets of RMB 96,282.72 万元, net assets of RMB 15,757.15 万元, insurance business income of RMB 2,378.92 万元 (year-to-date), and a cumulative net loss of RMB 1,156.11 万元, with both core and comprehensive solvency adequacy ratios reported at 421.31%.[1] A registered capital increase to RMB 300 million was approved by the Shanghai financial regulator and disclosed in January 2026.[4]
AXA International Reinsurance (Shanghai) Company Limited | |
|---|---|
| Corporate identity | |
| Type | Limited liability company (有限公司) |
| Regulated | Yes |
| License type | Reinsurance (P&C, short-term health and accident) |
| License number | 000147 |
| Incorporation | 2011 |
| Headquarters | Room 2908A, 29th Floor, Jin Mao Tower, No. 88 Century Avenue, Pudong New Area, Shanghai |
| Country | China |
| Regulator | National Financial Regulatory Administration (PRC) / NFRA Shanghai |
| Ultimate parent | AXA China Region Insurance Company (Bermuda) Limited |
| Group status | Subsidiary |
| Business & markets | |
| Operating status | Active |
| Lines of business | Property/casualty reinsurance, short-term health and accident reinsurance, related consulting/services |
| Geographic markets | China |
| Key financials (2023 (Q3)) | |
| Currency | RMB |
| Revenue | RMB 2,378.92 万元 (YTD Q3 2023) |
| Net income | RMB −1,156.11 万元 (YTD Q3 2023) |
| Total assets | RMB 96,282.72 万元 |
| Equity | RMB 15,757.15 万元 |
| Solvency ratio | 421.31% (core and comprehensive) |
References
- ↑ 1.0 1.1 "XL Reinsurance (China) — 2023 Q3 Solvency Report Summary" (PDF). AXA XL Reinsurance China. 2023.
- ↑ "AXA Global Reinsurance (Shanghai) — Insurance License Announcement" (PDF). AXA Global Reinsurance (Shanghai). Retrieved 13 March 2026.
- ↑ "AXA China Region Insurance Company (Bermuda) Limited Completed the Acquisition of XL Re China for All Shares". AXA Hong Kong and Macau. Retrieved 13 March 2026.
- ↑ "AXA Global Reinsurance (Shanghai) — Registered Capital Increase Notice" (PDF). AXA Hong Kong and Macau. January 2026.