China Pacific Property Insurance Co., Ltd.

China Pacific Property Insurance Co Ltd (hereafter referred to as CPIC Property) is a property and casualty insurer based in Shanghai held by CPIC Group with a registered capital of RMB 4.088 billion.

CPIC Property offers a variety of property insurance, short-term health insurance and accident insurance. Its products and services cover a wide range of industries including electricity, automobile, machinery, chemistry, electronics, water conservancy, construction, bridges, roads, space and aviation marine and high-tech. It has employed agents in more than 350 major port cities in over 130 countries and regions and established business ties with both domestic and international insurers, re-insurers and related institutions. CPIC Property has 40 branches, more than 2000 grass-roots offices and a direct sales team of around 14800 sales representatives.

Committed to the core values of “business integrity, sustainable growth and pursuit of excellence”, CPIC Property strives to provide quality risk management services for its clients. In 2008, it realized a total premium of RMB 27.875 billion with a year-on- year increase of 18.7% (excluding China Pacific Insurance <Hong Kong> Co Ltd). With its market share of 11.4% ranking the second, the company achieved the net profit of RMB 366 million in 2008 as one of the leading P&C insurers in China.