Wednesday, June 22, 2016

China Pacific Insurance

China Pacific Insurance Group is a Chinese security association. It was set up on the reason of the past China Pacific Insurance Company, which was set up in 1991. Its base camp is in Shanghai.




CPIC Group is the second most noteworthy property assurance office (after People's Insurance Company of China) and the third most noteworthy cataclysm security relationship (after China Life Insurance and Ping An Insurance) in China. It gives encouraged confirmation associations, including cataclysm security, property protection and reinsurance, through its colleagues.

The Company offers life and property security things and associations through its colleagues,Ltd China Pacific Property Insurance Co.,and  China Pacific Life Insurance Co., Ltd., freely. Through its fortification China Pacific Asset Management Co., Ltd, the Company is in like way required in the association and operation of security resources. The Company's property affirmation things join auto security, protection of family's properties, danger security, meander sort certification and mishap security/hurt protection, while its life scope things combine favoring confirmation, remedial degree, pre-grown-up affirmation, protection spread associations and insignificant protection.


Its A shares were recorded on the Shanghai Stock Exchange on December 25, 2007 with IPO cost $30 yuan per offer. At the guideline exchanging day, its offer cost close at $48.17 yuan, 61% more than its IPO price.[5] It is expecting to issue H offers in the Hong Kong Stock Exchange in close future.[6] CPIC dropped underneath the IPO cost of RMB$30 on 26 March 2008 and close at RMB$27.98.

Its H shares were recorded on the Hong Kong Stock Exchange on 23 December 2009 with IPO cost of HK$28 per offer.

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