Ranking Profile - China Pacific Insurance (Group) Co Ltd

Introduction

China Pacific Insurance (Group) Co Ltd (CPIC) is a provider of a range of life insurance and property and casualty insurance products to individuals, and corporate and institutional clients. Its offerings include life insurance, accident and health insurance, property insurance, motor vehicle insurance, aircraft insurance, ship insurance, goods in transit insurance, property damage insurance, pecuniary loss insurance, and pension and annuity products. CPIC also provides services such as asset management, investment management, wealth management and consulting services. The company distributes its products and services through a network of insurance agents, brokers, direct sales, telemarketing, and internet. CPIC is headquartered in Shanghai, China. The company reported gross written premiums of CNY398,818 million for the fiscal year ended December 2022, which showed an increase of 8.7% over that in FY2021. Its net written premiums stood at CNY373,734 million in FY2022, which indicated an increase of 9.3% over that in FY2021.