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Tencent Adviser Helms Samsung-Backed Insurer in China

News Snapshot:

What’s new: Ren Huichuan, an insurance coverage veteran and in-house adviser to Tencent Holdings Ltd., has been appointed performing normal supervisor of Samsung Property & Casualty Insurance coverage Co. (China) Ltd., after a Tencent affiliate firm grew to become the insurer’s second-largest shareholder. Ren’s appointment follows the resignation of former Normal Supervisor Kil Kyung Sub, per a board choice, the insurer introduced earlier this week. Born in 1969, Ren was a long-time worker at Ping An Insurance coverage (Group) Co. of China Ltd. and held numerous senior positions together with president and vice chairman earlier than resigning in March 2020….

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