China Pacific Insurance was founded on May 13, 1991 in Shanghai, with strong strength and a good brand image. In 2011, it was selected as a Fortune Global 500 company by Fortune, Forbes, and the Financial Times of the UK.
China Pacific Insurance has successfully listed on the Shanghai Stock Exchange and the Hong Kong Stock Exchange. It owns professional subsidiaries such as Pacific Property Insurance, Pacific Life Insurance, Pacific Asset Management Company, and Changjiang Pension Insurance, maintaining a continuously leading market position.
China Pacific Insurance focuses on its core insurance business, adheres to the business philosophy of "promoting and achieving sustainable value growth," realizes the coordinated development of property insurance and life insurance businesses and of insurance and investment businesses, and achieves strong growth in premium income, steady increases in market share, and sustained and stable investment returns. In 2010, China Pacific Insurance's premium income reached 139.6 billion yuan, a year-on-year increase of 44.9%.
China Pacific Insurance implements a customer-demand-oriented strategic transformation. In response to consumers' different needs, it launches differentiated products, sales channels, and regional strategies, and has established a nationwide marketing network and diversified service platform. Through more than 5,700 branches, more than 74,000 employees, and more than 300,000 property and life insurance sales agents, it provides 56 million individual customers and 3.3 million institutional customers nationwide with comprehensive risk protection solutions, investment and wealth management, and asset management services, including life insurance and property insurance.
Upholding the mission of "being a responsible insurance company," China Pacific Insurance practices the corporate core values of "integrity to all, prudence for life, and pursuit of excellence," strives to achieve the organic integration of corporate social responsibility with the company's business operations, carries out effective social welfare practices, and fulfills its responsibilities as a corporate citizen through practical actions. Since its establishment 20 years ago, it has actively carried out public welfare activities such as caring for orphans and the disabled, donating funds for education, and poverty alleviation and disaster relief. Every year, it organizes volunteers to go to children's welfare institutes to carry out volunteer activities, has established more than 60 Hope Primary Schools, and carries out love education support activities. After major natural disasters such as the 5.12 Wenchuan earthquake and the 4.14 Yushu earthquake, it enthusiastically donated money and materials to help disaster-stricken areas overcome difficulties, and was named a "China Best Corporate Citizen" for four consecutive years.
Facing the future, China Pacific Insurance, guided by customer demand, strengthens innovation-driven and differentiated development, focuses on enhancing comprehensive competitiveness, promotes and achieves sustainable value growth, and advances toward the goal of becoming a "first-class insurance and financial services group with a focus on the core insurance business, sustained value growth, and international competitiveness."
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