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China Pacific Insurance (Group) Co. Ltd. history, profile and corporate video

China Pacific Insurance (Group) Co. Ltd. provides insurance and asset management services. The company operates its business through three segments: Life Insurance, Property and Casualty Insurance, and Other Businesses. The Life Insurance segment offers Renminbi (RMB) life insurance. The Property and Casualty Insurance segment provides RMB and foreign-currency property and casualty insurance. The Other Businesses segment provides management services and usage fund services. It engages in the property and casualty businesses, life insurance businesses, pension and annuity businesses, as well as asset management. The company was founded on May 13, 1991 and is headquartered in Shanghai, China.

“China Pacific InsuranceHistory

China Pacific Insurance (Group) Co., Ltd. (“CPIC”) is an insurance group basically constituted by China Pacific Insurance Company, a company established on 13 May 1991. The head office of CPIC is located in Shanghai.

In 1991, China Pacific Insurance Co., Ltd. established
In 1994, China Pacific Insurance Co., (H.K.) Limited established
In 2001, China Pacific Insurance Company underwent restructuring. China Pacific Insurance (Group) Co., Ltd. was established and China Pacific Property Insurance Co., Ltd. and China Pacific Life Insurance Co., Ltd were established with China Pacific Insurance (Group) Co., Ltd. as the holding company.
In 2006, Pacific Asset Management Co., Ltd. established
In 2007, A Shares of CPIC were listed (中國太保, SH601601)
In 2009, CPIC became the holding company of Changjiang Pension Insurance Co., Ltd.
In 2009, H Shares of CPIC were listed (CPIC, HK02601)
In 2010, CPIC Investment Management (H.K.) Company Limited was established
In 2012, Pacific Insurance Online Services Technology Co., Ltd. was incorporated”

*Information from Forbes.com and Cpic.com.cn

**Video published on YouTube by “VRHK2013