# China Pacific Insurance > insurance company in Mainland China **Wikidata**: [Q1003813](https://www.wikidata.org/wiki/Q1003813) **Wikipedia**: [English](https://en.wikipedia.org/wiki/China_Pacific_Insurance_Company) **Source**: https://4ort.xyz/entity/china-pacific-insurance ## Summary China Pacific Insurance (中国太平洋保险) is a major insurance company headquartered in Shanghai, People's Republic of China, founded in 1991. It operates as a publicly traded company listed on both the Shanghai Stock Exchange (stock code 601601) and the Hong Kong Stock Exchange (stock code 2601), offering a range of insurance products including life insurance, property insurance, and other financial services. The company is one of the largest insurance providers in China, with revenue of approximately 354.363 billion RMB as of 2018. ## Key Facts - **Official Name:** China Pacific Insurance Company (中国太平洋保险（集团）股份有限公司) - **Founded:** 1991 - **Headquarters:** Jiaoyin Finance South Building, No. 190 Yincheng Middle Road, Pudong New Area, Shanghai 200120, People's Republic of China - **Industry:** Financial Services - **Legal Form:** Enterprise (企业) - **Country:** People's Republic of China - **Stock Listings:** Shanghai Stock Exchange (601601, since December 25, 2007) and Hong Kong Stock Exchange (2601, since December 23, 2009) - **Revenue (2018):** 354,363,000,000 RMB - **Website:** https://www.cpic.com.cn/ (Simplified Chinese) - **ISIN Codes:** CNE1000009Q7, US16951T1198 - **Legal Entity Identifier:** 529900BA5ILEL308WX03 - **Unified Social Credit ID:** 91310000132211707B - **Instance Of:** Business, Public Company - **WeChat Account:** Ecpic95500 (verified account) - **Weibo Account:** cpic / 中国太平洋保险 (verified account) - **Wikipedia Languages:** Arabic, Azerbaijani (South), Danish, German, English, Persian, French, Indonesian, Malay, Russian, Chinese - **Sitelink Count:** 12 ## FAQs **What type of company is China Pacific Insurance?** China Pacific Insurance is a publicly traded insurance company and a business entity operating in the financial services sector. It is classified as both a business and a public company, meaning it offers its securities for sale to the general public through stock exchanges. **Where is China Pacific Insurance headquartered?** The company is headquartered in Shanghai, specifically at the Jiaoyin Finance South Building, No. 190 Yincheng Middle Road, Pudong New Area, with the postal code 200120. **On which stock exchanges is China Pacific Insurance listed?** China Pacific Insurance is dual-listed on the Shanghai Stock Exchange (stock code 601601) since December 25, 2007, and on the Hong Kong Stock Exchange (stock code 2601) since December 23, 2009. **What financial products does China Pacific Insurance offer?** As a major insurance provider in China, China Pacific Insurance offers various insurance products including life insurance, property insurance, and other financial services under its various subsidiaries such as China Pacific Life Insurance Co., Ltd. and China Pacific Property Insurance Co., Ltd. **What was China Pacific Insurance's revenue in 2018?** The company reported revenue of 354.363 billion RMB in 2018, demonstrating its significant scale within the Chinese insurance industry. **What are the official website and social media presence of China Pacific Insurance?** The company's official website is https://www.cpic.com.cn/. It maintains verified social media accounts on WeChat (Ecpic95500) and Weibo (cpic / 中国太平洋保险). ## Why It Matters China Pacific Insurance represents one of the cornerstone financial institutions in China's rapidly expanding insurance sector. As the Chinese economy has grown to become the world's second-largest, the demand for insurance products—ranging from life insurance to property coverage—has increased substantially. China Pacific Insurance occupies a critical position in meeting this demand, providing financial security to millions of individuals and businesses throughout China. The company's dual listing on both the Shanghai and Hong Kong Stock Exchanges demonstrates its importance in China's financial markets and its accessibility to international investors. Being listed since 2007 in Shanghai and 2009 in Hong Kong, China Pacific Insurance has been a significant participant in China's capital markets evolution, particularly during the period of rapid growth in the Chinese insurance industry. The company's revenue of over 354 billion RMB in 2018 underscores its economic significance—not just as a financial institution, but as a major contributor to China's service sector economy. Its operations span life insurance, property insurance, and other financial services, making it a comprehensive provider that touches many aspects of Chinese consumer and business financial planning. From a regulatory and transparency perspective, China Pacific Insurance's status as a public company requires it to adhere to strict disclosure and reporting standards, promoting transparency for investors and contributing to the professionalization of China's financial markets. Its inclusion in major stock indices and its presence across multiple platforms and languages reflects its role as a significant player in the global insurance industry. ## Notable For - Being among the largest insurance companies in China by revenue and market share - Dual listing on both the Shanghai Stock Exchange (2007) and Hong Kong Stock Exchange (2009) - Operating as a publicly traded company with shares available to general public investors - Maintaining verified official accounts on major Chinese social media platforms (WeChat and Weibo) - Having a multilingual Wikipedia presence across 12 language editions - Operating under multiple brand names including CPIC Group, China Pacific Life Insurance, and China Pacific Property Insurance - Holding a Legal Entity Identifier (LEI) for international regulatory compliance ## Body ### Corporate Identity and Classification China Pacific Insurance is classified as both a business and a public company, reflecting its dual nature as a commercial enterprise and a publicly traded entity. Its legal form is designated as "qi ye" (企业), the Chinese term for enterprise, indicating its status as a corporate entity under Chinese law. The company operates in the financial services industry, specifically in the insurance sector, providing life insurance, property insurance, and related financial products. The company's official name in Simplified Chinese is 中国太平洋保险（集团）股份有限公司, which translates to China Pacific Insurance (Group) Company Limited. It is commonly referred to through various aliases including CPIC Group, China Pacific Insurance Company, China Pacific Life Insurance Co., Ltd., China Pacific Property Insurance Co., Ltd., and simply Pacific Insurance or CPIC. ### History and Foundation China Pacific Insurance was founded in 1991, establishing itself as one of the earliest insurance companies in China's modern commercial insurance sector. The company was formed during a period of significant economic reform in China, when the country was opening its financial sector to commercial competition after decades of state-controlled insurance monopoly under the People's Insurance Company of China (PICC). The company's inception in 1991 placed it at the forefront of China's insurance market liberalization, allowing it to build brand recognition and market presence over the subsequent decades. This early entry into the competitive insurance market provided China Pacific Insurance with valuable experience and infrastructure that contributed to its later growth into one of China's largest insurance providers. ### Stock Exchange Listings and Capital Markets China Pacific Insurance maintains a significant presence in China's capital markets through its dual listing on two of the country's most important stock exchanges. The company listed on the Shanghai Stock Exchange on December 25, 2007, with stock code 601601, making it accessible to mainland Chinese investors through the Shanghai exchange. This listing coincided with a period of rapid growth in the Chinese stock market and increased interest in financial sector equities. The company subsequently listed on the Hong Kong Stock Exchange on December 23, 2009, with stock code 2601. This dual listing provided China Pacific Insurance with access to both mainland and international capital markets, enhancing its ability to raise funds and increasing its visibility among global investors. The Hong Kong listing also allowed foreign investors to participate in the company's growth through the Connect programs and other cross-border investment mechanisms. The company's shares are identified by International Securities Identification Numbers (ISIN) of CNE1000009Q7 for the Shanghai-listed shares and US16951T1198 for the Hong Kong-listed shares. Additionally, the company holds a Legal Entity Identifier (LEI) of 529900BA5ILEL308WX03, which is used for regulatory reporting and identification in global financial transactions. ### Financial Performance As of 2018, China Pacific Insurance reported annual revenue of 354.363 billion RMB, representing substantial scale within the Chinese insurance industry. This revenue figure places the company among the top insurance providers in China by premium income and demonstrates its significant market presence. The company's financial performance reflects the broader growth of China's insurance sector, which has been driven by increasing household income, expanding middle class, rising awareness of insurance products, and government initiatives to develop the financial services industry. China Pacific Insurance's revenue base has benefited from its diversified product portfolio, which includes both life insurance and property insurance offerings. ### Headquarters and Operations The company's headquarters is located in Shanghai's Pudong New Area, one of China's most prominent financial districts. The address is Jiaoyin Finance South Building, No. 190 Yincheng Middle Road, Pudong New Area, Shanghai, with postal code 200120. This location places China Pacific Insurance in the heart of China's financial center, alongside numerous other major financial institutions and corporations. Shanghai serves as an appropriate headquarters for China Pacific Insurance given the city's role as China's largest financial hub and its position as home to the Shanghai Stock Exchange. The Pudong New Area, in particular, has become synonymous with China's economic modernization, housing the headquarters of many of the country's largest corporations and financial institutions. ### Digital Presence and Communications China Pacific Insurance maintains a comprehensive digital presence across multiple platforms, reflecting the importance of digital communications in modern corporate operations. The company's official website is https://www.cpic.com.cn/, which provides information about the company's products, services, investor relations, and corporate information. The website is primarily in Simplified Chinese, reflecting the company's domestic market focus. The company operates verified official accounts on major Chinese social media platforms. Its WeChat account (Ecpic95500) is verified, indicating official authentication by the platform. Similarly, the company's Weibo account (username: cpic, display name: 中国太平洋保险) is also verified, allowing the company to communicate directly with consumers and stakeholders on one of China's most popular social media platforms. ### International Identification and References China Pacific Insurance is referenced across numerous international databases and knowledge systems, reflecting its significance in the global financial landscape. The company has a Freebase identifier of /m/03wcf7h, indicating its presence in Google's structured knowledge graph. It is also indexed in the Crunchbase database with the organization ID "china-pacific-insurance," providing business intelligence and company profile information for investors and researchers. The company has an OpenStreetMap entry (osm_name_suggestion_index_id: cpic-07bd2d), allowing geographic identification of its headquarters location. Additionally, the company is referenced in Wolfram language entities with the code Entity["Company", "ChinaPacificInsurance::kkb7v"], indicating its presence in computational knowledge platforms. The company holds a KISTI ID of K000228675, which is used in Korean Institute of Science and Technology Information databases. Its Unified Social Credit ID is 91310000132211707B, which is the unique identification number assigned to legal entities in China's social credit system. ### Wikipedia and Knowledge Base Presence China Pacific Insurance has a multilingual presence on Wikipedia, with articles available in 12 language editions including Arabic (ar), Azerbaijani South (azb), Danish (da), German (de), English (en), Persian (fa), French (fr), Indonesian (id), Malay (ms), Russian (ru), and Chinese (zh). The company also has a Commons category (China Pacific Insurance) for media files. The English Wikipedia article is titled "China Pacific Insurance Company," and the company has a sitelink count of 12, indicating its presence across multiple Wikipedia language projects. This multilingual presence reflects the company's significance not only within China but also internationally, particularly in regions with significant Chinese-speaking populations and countries with financial ties to China. ### Corporate Structure and Brands China Pacific Insurance operates through several subsidiaries and brand divisions, each focusing on specific insurance products and services. The main operating subsidiaries include China Pacific Life Insurance Co., Ltd., which focuses on life insurance products, and China Pacific Property Insurance Co., Ltd., which provides property and casualty insurance coverage. The company is commonly referred to by various names and abbreviations in different contexts. "CPIC" and "CPIC Group" are frequently used in English communications, while Chinese references include 中國太平洋保險, 中國太保, 太平洋保險, and 中国太平洋保险集团, among others. This brand flexibility allows the company to maintain consistent branding across different product lines and market segments. ### Industry Context China Pacific Insurance operates within China's financial services sector, specifically in the insurance industry. The Chinese insurance industry has experienced rapid growth over the past several decades, driven by economic development, increasing household wealth, and government initiatives to expand financial inclusion. The industry includes both domestic companies like China Pacific Insurance and international insurers operating through joint ventures or wholly-owned subsidiaries. As a public company, China Pacific Insurance is subject to regulatory oversight from the China Banking and Insurance Regulatory Commission (CBIRC), which supervises insurance companies in China, as well as from the stock exchanges where its shares are listed. The company must comply with disclosure requirements, capital adequacy standards, and other regulatory obligations that apply to both insurance companies and publicly traded companies. ## References 1. [Source](http://www.sse.com.cn/assortment/stock/list/info/company/index.shtml?COMPANY_CODE=601601) 2. [Source](https://www.hkex.com.hk/Market-Data/Securities-Prices/Equities/Equities-Quote?sym=2601&sc_lang=en) 3. Freebase Data Dumps. 2013 4. Global LEI Index 5. [Source](http://km.aifb.kit.edu/services/crunchbase/) 6. [Source](https://finance.sina.com.cn/zt_d/2019_zq500qbd/) 7. Name Suggestion Index