China Pacific Insurance (Group) Company

Updated: Apr 4, 2018 Print

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China Pacific Insurance (Group) Company Limited grew out of China Pacific Insurance Co Ltd, which was established on May 13, 1991. Headquartered in Shanghai, the company is one of China's leading insurance groups, listed in both Shanghai and Hong Kong.

The company's vision is to become a first-class insurance-centered financial services group which "accompanies you throughout your life's journey". China Pasific Insurance is committed to the philosophy of "focusing on customer's needs, the core business of insurance, while driving sustainable value growth". It upholds protection as the basic value proposition of insurance, a value which has been further entrenched in the company over the years. It is now one of the leading domestic insurance groups with strong capital positions, strong capabilities in value creation and risk management and a high level of professionalism.

The company has had sustained value growth and improvement in overall capability and is ranked among the Fortune Global 500 for six consecutive years, breaking the top 300 in 2016 at 251st place. In 2016, the group operating revenue reached 267.01 billion yuan ($42.17 billion), with gross written premiums (GWPs) reaching 234.018 billion yuan and net profits reaching 12.057 billion yuan. Group total assets reached 1.02 trillion yuan, exceeding one trillion yuan for the first time. Its customer base reached 104 million yuan. The company boasts strong capital positions, with the group comprehensive solvency margin ratio at 294 percent under C-ROSS (China Risk-oriented Solvency System).

Hotline: 95500

Branches in Zhanjiang: