Shanghai's Lin-gang Special Area is accelerating the development of its international reinsurance functional zone, with recent marketplace and roadshow activities underscoring its appeal to global clients.

A reinsurance marketplace and a China market risk roadshow for Aboitiz Power's global master insurance program kicked off in Lin-gang on Jan 29.

Supplying more than 20 percent of the electricity demand in the Philippines, energy provider Aboitiz Power is a subsidiary of Aboitiz, the country's oldest diversified business group.

The event opened with a ceremonial gong-striking to launch the 2026 reinsurance marketplace.

Attendees strike a gong to launch the 2026 reinsurance marketplace. [Photo/WeChat ID: shlgguanweihui]

Designed as a space for reinsurance institutions to conduct negotiations, host roadshows, and engage in collaborative exchanges, the marketplace builds on the existing international reinsurance business platform and the Shanghai International Reinsurance Conference, supporting industry resource integration and international development.

During the roadshow session, Steve Bonz, chief strategy and risk officer of Aboitiz Power, introduced the company's global master insurance program. He said the company aims to secure substantial quota placements by leveraging China's underwriting capacity.

To date, Lin-gang's international reinsurance functional zone has attracted 32 reinsurance institutions and trading seats, with cumulative trading premiums exceeding 10 billion yuan ($1.43 billion) and registered premiums surpassing 230 billion yuan.

Moving forward, Lin-gang will continue to accelerate development in terms of institutional innovation, industrial empowerment, and ecosystem integration, with the goal of building a world-class international reinsurance hub.