Summary

The Company has restructured its management system in conformity with the changes of the practice in the global market, thus enabled its efficiency in the overall management.

Important matters arising in the Company’s management are discussed and decided in the Executive Management Board and the Company is managed by a president, a vice president and directors of six departments.

Underwriting Department

It functions as a main business quarter for dealing with all reinsurance businesses such as analyzing and deciding the shares for the coverage in the obligatory and facultative reinsurance treaties of various lines offered by the reinsureds and brokers at home and abroad.

Claims Settlement Department

It is responsible for claims settlements for the accounts, while surveying the losses for the risks underwritten with the domestic and international insurers.

Marketing Department

It is responsible for conducting analysis of the global reinsurance market to introduce practical and effective business schemes into the Company’s operation, mainly focusing on getting business contacts with some overseas (re)insurers and brokers.

Investment Department

It organizes the economic and financial investment for ensuring the stable profit earnings on the basis of studying the current styles of the investments at home and abroad.

Finance & Account Department

It is in charge of the financial and accounting works relating to all business of the Company, and is responsible for issuing and accepting the accounting related documents.

Administration Department

It is in charge of overall monitoring of the operation and administration of the Company, including statistical, supervisory and human resources.