China Pacific Life Insurance Co., Ltd.

China Pacific Life Insurance Co., Ltd (CPIC Life in short) was formed on the basis of life insurance business of China Pacific Insurance Co., Ltd., which was founded on May 13th 1991, and is held by CPIC Group. The company was incorporated in November 11, 2001, headquartered in Shanghai and registered capital totaling RMB 5.1 billion. In 2008, the premium income of the company reached RMB 66.092 billion, ranking 3rd in China life insurance market with a share of 9.0%, according to data published by CIRC. The company achieved a profit of RMB 2.104 billion this year with net profit of RMB 2.904 million.

CPIC Life adheres to the core value of commitment to business integrity in pursuit of steady growth and performance excellence, dedicated to product and service innovation in meeting multi-tier needs of clients. The company currently has nearly 150 insurance products covering life, annuity, health, PA, etc. The company pays much attention to the construction of a brand featuring specialized and high-quality services, constantly improving the hotline system-95500 and the Emergency Assistance Service. An excellent corporate image has been established through fully fulfilling its insurance obligations, faithfully protecting the benefits of the insured and effectively performing the insurance functions such as economic compensation, financing and social administration.

The company has established a sales and services network covering almost the whole country. Distribution channels including agencies, direct sales and bancassurance have been growing steadily. By the end of 2008, the company has established 37 branches, 3564 key sub-branches, sub-branches and service centers. It employs 34,000 people and 220,000 sales agents nationwide. In addition, it has also built sound business partnership with a number of brokers and intermediary agencies.

The company actively brings in the international advanced technologies and talents ,improves the innovation of system and mechanism and enhances corporate branding image to lay a solid foundation for the better and faster development in the future.