China Pacific Life Insurance Co., Ltd. Chongqing Branch

China Pacific Insurance (Group) Co., Ltd. (hereinafter referred to as "China Pacific Insurance") was established on May 13, 1991, with its headquarters in Shanghai. It was successfully listed on the Shanghai Stock Exchange on December 25, 2007, with A-share code 601601, and successfully listed on the Hong Kong Stock Exchange on December 23, 2009, with H-share code 02601.
With the mission of "being a responsible insurance company," the core corporate values of "integrity, prudence, and excellence," and the business philosophy of "promoting and achieving sustainable value growth," China Pacific Insurance continuously creates value for customers, shareholders, employees, society, and stakeholders, and contributes to social harmony.
China Pacific Life Insurance Chongqing Branch currently has more than 40 county and district-level branches, with nearly 10,000 employees and agents. The branch adheres to the goal of building the best life insurance company in the Chongqing market, insists on being customer-oriented, and continuously innovates and develops. It has become one of the insurance companies with the strongest service capabilities, management capabilities, market influence, and comprehensive strength in the Chongqing market. It has been successively awarded many honors by the Chongqing Municipal Government, relevant departments, and news media, including "Chongqing Financial Contribution Award," "Contract-honoring and Credit-reliable Enterprise," "Tax Credit A-level Taxpayer," "Best Customer Service Insurance Company," and "Trusted Famous Enterprise Brand by the Public."
On October 17, 2010, at the 25th East Asian Insurance Congress (EAIC) held in Bali, Indonesia, China Pacific Life Insurance Co., Ltd. was selected as the "2010 Best Life Insurance Company in Asia" by more than 400 insurance company executives and government officials attending the conference. Pacific Life Insurance became the first insurance company in mainland China to receive this honor in 14 years. The outstanding operating performance of Pacific Life Insurance in 2009 was fully affirmed by the review committee members. The full-year new business value of Pacific Life Insurance increased by 37% year-on-year, net profit increased by 35% year-on-year, and premium income increased by 30% year-on-year. Against the backdrop of the global financial crisis, the solvency of Pacific Life Insurance remained above 200%, at a relatively high level in the industry and far above the minimum solvency standard. At the same time, Pacific Life Insurance's innovative measures in operational management were also recognized by the review committee.