About

Shunming Cao, as the general manager of legal department of China Reinsurance (Group) Corporation, leads all legal and compliance functions at China’s largest reinsurer, state-owned China Reinsurance (Group). One of his biggest achievements at China Reinsurance, has been his team’s role in helping to obtain $4bn investment and to take over the shares of subsidiaries from minority shareholders. During his eight years at the company, Shunming Cao established the legal function and all its processes from scratch with the support and under the leadership of his boss. ‘What I enjoy most about my role is that I can solve, or help my staff to solve, difficult problems in a different way, sometimes beyond imagination,’ he says. Standing director of both the China Society of Insurance Law and the China Society of Behaviour Law, Shunming Cao works as part-time graduate tutor at China Academy of Social Science and Tsinghua University, and is also an arbitrator. When dealing with law firms, he suggests problem-solving is an area they need to improve on.