China Pacific Insurance Company: Difference between revisions
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Revision as of 21:39, 24 March 2008
| File:Cpic.gif | |
| Company type | Privately held company |
|---|---|
| Industry | Diversified insurance |
| Founded | 1991 |
| Headquarters | , |
Area served | People's Republic of China |
Key people | Chairman: Mr. Gao Guofu |
| Revenue | 354,363,000,000 renminbi (2018)  |
| Website | China Pacific Insurance Company |
China Pacific Insurance Group (SSE: 601601), or CPIC Group, was established on the basis of the former China Pacific Insurance Company, which was founded in 1991. It sets its headquarter in Shanghai, People's Republic of China.[1]
CPIC Group is the second largest property insurance company (after People's Insurance Company of China) and the third largest life insurance company (after China Life Insurance and Ping An Insurance) in Mainland China.[2]It provides integrated insurance services, including life insurance, property insurance and reinsurance, through its subsidaries.[3]
Its A shares were listed on the Shanghai Stock Exchange on December 25, 2007 with IPO price $30 yuan per share. At the first trading day, its share price closed at $48.17 yuan, 61% more than its IPO price.[4]It is planning to issue H shares in the Hong Kong Stock Exchange in near future.[5]