Description

China Pacific Insurance (Group) Co., Ltd., supported by its subsidiaries, functions as a broad-based insurance enterprise throughout the People's Republic of China. The company structures its operations across three primary divisions: Life and Health Insurance, Property and Casualty Insurance, and a segment for Other Businesses. Its diverse range of insurance products includes life, health, and accident coverage, along with liability policies, credit and guarantee insurance. It also offers short-term health and casualty plans, property insurance, and agricultural insurance. Additionally, the company provides individual and group pension and annuity schemes, coupled with services in insurance fund investment and reinsurance. Beyond its core insurance offerings, the group is active in various financial management services. These encompass the management of capital and insurance funds, outsourced fund management, other asset management operations, and related advisory services. The company's interests also extend to several non-financial ventures, such as property management and construction, real estate development, advisory services for elderly care and medical consulting, and direct care provision for seniors and disabled individuals. CPIC reaches its customers through a variety of distribution methods, including direct sales, insurance agents and brokers, partnerships with banks (bancassurance), telemarketing, and digital internet platforms. The company was founded in 1991 and is headquartered in Shanghai, People's Republic of China.