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Company Overview

Business Description

Sector
Financials
Industry
Insurance
Headquarters
China CN
Employees
91 639
IPO date
Dec 25, 2007

China Pacific Insurance Group is one of China’s large insurance groups. It sells life insurance, property and casualty insurance, and related services through its insurance subsidiaries. Its products are aimed at individuals, families, and businesses that want protection for health, accidents, cars, homes, and other risks.

The company makes money mainly by collecting insurance premiums and then investing those funds until claims must be paid. It also earns fees from insurance-linked services and from managing assets. In practice, it sits in the middle of the insurance value chain: it underwrites risk, collects premiums, pays claims, and manages the pooled money in between.

What makes its business model different is the mix of long-term savings-style life policies and shorter-term protection products under one group. That gives it a broad customer base and multiple ways to sell insurance across agents, banks, and other channels. For beginner investors, it is best understood as a financial company whose core job is to price risk, collect premiums, and turn those premiums into a return over time.

China Pacific Insurance Group Co Ltd Investor Relations

Address
1 South Zhongshan Road, Huangpu
Shanghai
China

Business Segments

Property and casualty insurance

This business sells insurance for cars, homes, accidents, health, and business losses. It also handles claims when policyholders file a covered loss.

Customers and revenue model

Life insurance

This business sells protection and savings products such as term life, whole life, annuities, and health-related policies. It also services existing policies and pays benefits when covered events happen.

Customers and revenue model

Asset management

Description, customers and revenue model

Management

Mr. Fan Fu

Executive Chairman

Fan Fu serves as the Chairman of China Pacific Insurance Group Co., Ltd., a leading insurance company based in China. He has played a significant role in guiding the strategic direction of the company. Under his leadership, the group has focused on expanding its insurance offerings, enhancing customer service, and adopting technological innovations to improve operational efficiency. His extensive experience in the insurance industry and strong leadership skills have been instrumental in driving the company's growth and maintaining its competitive edge in the market. Fan Fu is recognized for his commitment to corporate governance and sustainable business practices within the organization.

Mr. Yuanhan Zhang

Chief Actuary & CFO

Biography unavailable

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