organization structure
China Pacific Insurance (Group) Co., Ltd. (hereinafter referred to as "China Pacific Insurance") is an insurance group company established on the basis of China Pacific Insurance Company established on May 199 1, with its headquarters in Shanghai. Its subsidiaries include Pacific Life Insurance Company, Pacific Property Insurance Company, Pacific Asset Management Company, Pacific Insurance Hong Kong Company, China Pacific Insurance Investment Management Company and Changjiang Pension Insurance Company.
Service type
It operates a variety of insurance services, including life insurance and property insurance. In August of 20 16, China Pacific Insurance ranked 52nd in "Top 500 Chinese Enterprises in 20 16". ? In July 18, 19 and 20 18, the Fortune Global 500 list was released, and China Pacific Insurance ranked 220th.
Company status
In August of 20 16, China Pacific Insurance ranked 52nd in "Top 500 Chinese Enterprises in 20 16". 20 18101,Forbes released the list of the best employers in the world in 2018, and China Pacific Insurance ranked 334th.
Historical process
China Pacific Insurance (Group) Co., Ltd. (hereinafter referred to as "China Pacific Insurance") is an insurance group company established on the basis of China Pacific Insurance Company established on May 199 1, with its headquarters in Shanghai.
199 1 year, China Pacific insurance company was established.
1994, China Pacific insurance (hong kong) co., ltd was established.
In 200 1 year, China Pacific Insurance Company implemented the system reform and established China Pacific Insurance (Group) Co., Ltd., China Pacific Property Insurance Co., Ltd. and China Pacific Life Insurance Co., Ltd. as holding companies.
In 2006, Pacific Asset Management Co., Ltd was established.
In 2007, China Taibao A shares were listed (China Taibao, SH60 160 1).
In 2009, it held Changjiang Pension Insurance Co., Ltd. ..
In 2009, China Pacific Insurance listed H shares (China Pacific Insurance, HK0260 1).
20 10 China Pacific insurance investment management (hk) co., ltd was established.
Its subsidiaries
Pacific life insurance company
Pacific Life Insurance Company China Pacific Life Insurance Co., Ltd. (hereinafter referred to as "Pacific Life Insurance") was established on 20011,and is a professional life insurance subsidiary of China Pacific Insurance (Group) Co., Ltd. (hereinafter referred to as "China Pacific Insurance"). China Pacific Insurance is an insurance group company established on the basis of China Pacific Insurance Company established on May 3, 199 1. Headquartered in Shanghai, it was successfully listed on the Shanghai Stock Exchange on February 25th, 2007 and the Hong Kong Stock Exchange on February 23rd, 2009.
Pacific Life follows the law of life insurance, vigorously develops guaranteed and long-term savings products, focusing on the payment business of personal traditional insurance and dividend-paying products and short-term accident insurance business; Implement differentiated regional development strategy, and actively expand the fast-growing potential market while consolidating the dominant market; Focusing on enhancing the value growth ability, the company intensified basic management, reform and innovation, strengthened the construction of sales channels, strengthened basic management and training support, promoted the customer-centered product portfolio sales model, and realized the sustained growth of the marketing team and the improvement of production capacity; Improve the backup support and centralized operation platform, and further improve the level of intensive management. The company's business structure has been continuously optimized, and the growth rate of new business value is faster than that of scale. By the end of 20 10, the company had 40.69 million individual customers and 470,000 institutional customers nationwide. In that year, the net profit was 46 1 10 billion yuan, embedded value was 70.6 billion yuan, premium income was 87.9 billion yuan, and total assets were 378.6 billion yuan. In September of 20 10, the registered capital of the company increased by 7.6 billion yuan.
Pacific property insurance company
China Pacific Property Insurance Co., Ltd. (hereinafter referred to as "Pacific Property Insurance") is a professional subsidiary of China Pacific Insurance (Group) Co., Ltd. (hereinafter referred to as "China Pacific Insurance"), providing customers with comprehensive property insurance products and services. The company is headquartered in Shanghai. The registered capital is RMB 7.3 billion.
Pacific Property Insurance covers all kinds of property insurance, short-term health insurance and accidental injury insurance in RMB and foreign currency. The company's underwriting business involves aerospace, electric power and energy, petrochemical industry, infrastructure construction, finance and trade, ships and automobiles, machinery and equipment, electronic communication, warehousing and logistics, textile and tobacco, scientific and technological innovation and other industries and fields. The company has hired insurance survey, claim settlement and recovery agents in more than 350 major port cities in more than 30 countries and regions, and established agency relations and business relations with many insurance companies, reinsurance companies and related institutions at home and abroad. The company has 40 branches in China, more than 2,200 central branches, subsidiaries, sales departments and marketing service departments, and a direct sales team including more than 10000 sales representatives.
Pacific Property & Casualty adheres to the core values of "Honesty in the World, Steady Life, Pursuing Excellence", implements strategic transformation oriented to customer demand, persists in promoting and realizing sustainable value growth, develops and innovates, and actively provides risk protection services for customers. In 20 10, the total assets and net assets of the company were 64.747 billion yuan and1401400 million yuan respectively, and the income from property insurance business was 516.22 million yuan (excluding China Pacific Insurance Hong Kong >: Limited Company), with a year-on-year increase of 50.5% and a market share of/.
Pacific asset management company
Pacific Asset Management Co., Ltd. was formally established on June 9, 2006. It is controlled by China Pacific Insurance (Group) Co., Ltd. with a registered capital of 500 million yuan. China Pacific Insurance 199 1 Yu 13 was born in Shanghai in May, with strong strength and good brand image. 20 1 1 was selected as Fortune, Forbes and Financial Times Fortune 500 companies respectively.
Pacific Asset Management Co., Ltd. takes "honesty in the world, being steady and pursuing Excellence" as its core values and "professionalism, steadiness, service and Excellence" as its business philosophy. Its business scope is: managing and using its own funds and insurance funds; Entrusted fund management business; Consulting business related to fund management business; Other asset management businesses permitted by national laws and regulations. By the end of 20 10, 12 and 3 1 year, the company had total assets of 748 million yuan, net assets of 588 million yuan and investment assets of 433.385 billion yuan.
Pacific insurance hong kong company
China Pacific Insurance (Hong Kong) Co., Ltd. is a wholly-owned subsidiary invested and established by China Pacific Insurance (Group) Co., Ltd. with the approval of the State Council and the consent of the Hong Kong government. The company was established in April 1994 with a registered capital of HK$ 250 million.
The company operates general insurance business, mainly providing products and services such as accident and health insurance, automobile insurance, aerospace insurance, ship insurance, freight insurance, property loss insurance, general legal liability insurance and money loss insurance for enterprises and individual customers. 20 1 1 year, the company has total assets of HK$ 876 million, net assets of HK$ 4 1 1 billion, premium income of HK$ 399 million and net profit of HK$ 47 million.
China Taibao investment management company
China Pacific Insurance Investment Management (HK) Co., Ltd. was formally established on February 20th 10. Pacific Asset Management Co., Ltd. holds 5 1%, and China Pacific Insurance (Group) Co., Ltd. holds 49% with a registered capital of HK$ 50 million. The company is located in Hong Kong.
On February 7, 20 1 1, the company was approved by the Hong Kong Securities Regulatory Commission to carry out the ninth type of regulated activities and provide asset management.
Relying on the investment experience and investment management system of Pacific Asset Management Co., Ltd. in Chinese mainland and Hong Kong, the company has established a complete investment research team and investment research system in Hong Kong, providing customers with asset management services including special account financing and collective investment products. As of March 3 1, 20 1 1, the scale of funds under management was HK$ 4.2 billion.
Yangtze river endowment insurance company
Changjiang Endowment Insurance Co., Ltd. is an endowment insurance company initiated by China Pacific Insurance (Group) Co., Ltd. and other 13 state-owned large and medium-sized enterprises on May 9, 2007 under the leadership and support of Shanghai Municipal Government, Ministry of Human Resources and Social Security (formerly the Ministry of Labor and Social Security) and China Insurance Regulatory Commission. Changjiang Pension Insurance Co., Ltd. is a national and professional pension management institution.
As a financial institution specializing in pension management, Changjiang Pension has been operating professionally for more than four years. By the end of 20 1 1,13 1, the entrusted management scale of enterprise annuity assets reached 26.5 billion yuan, with 5,800 enterprises and 760,000 accounts, ranking among the best in the same industry in China. While doing a good job in annuity asset management, Changjiang Pension actively explores research and development in the field of comprehensive pension products. In 2009, Changjiang Pension began to carry out business nationwide, and as a pilot unit of collective enterprise annuity plan, it launched three "Golden" series of collective enterprise annuity plans with strategic partners Shanghai Pudong Development Bank, Bank of Communications and China Construction Bank. On 20 10, Changjiang Pension Innovation initiated the establishment of "Shi Sheng Huazhang" entrusted management products for old-age security, providing solutions for enterprises to participate in multi-level old-age security plans. 20 1 1 Changjiang Pension cooperated with strategic partners China Agricultural Bank and Shanghai Pudong Development Bank to newly develop two series of "Golden" enterprise annuity plans, which provided a good platform for domestic enterprises to participate in enterprise annuity plans. Facing the future, Changjiang Pension is constantly guided by customer demand, actively developing innovative pension products to better serve our customers.
corporate culture
China Pacific Insurance takes "being a responsible insurance company" as its mission, "being honest in the world, being steady and pursuing Excellence" as its core values, and "promoting and realizing sustainable value growth" as its business philosophy, constantly creating value for customers, shareholders, employees, society and stakeholders, and contributing to social harmony.
corporate vision
Facing the future, China Pacific Insurance promotes the strategic transformation of "customer-oriented" and strives to build a "first-class insurance financial service group with focus on its main business, sustained growth in value and international competitiveness".
contact information
Customer service: 95500
Official website: www.cpic.com.cn.