With the approval of the People's Bank of China, China Pacific Insurance Company officially opened in Shanghai on April 26th, 199 1, becoming the president of the first national joint-stock commercial insurance company. In 2000, the institutional reform of separate operation of property and life insurance was completed, so as to form a management mode of group operation and professional operation. Has laid a good foundation. The newly established China Pacific Insurance (Group) Co., Ltd. has established China Pacific Property Insurance Co., Ltd. and China Pacific Life Insurance Co., Ltd. in China. The life insurance company has 877 branches in major cities in China, and has a relatively complete insurance service network. At the same time, the company has China Pacific (USA) service company in new york. China Pacific (Hong Kong) Co., Ltd. was established in Hong Kong, with representative offices in London and new york. 1998, the company also established a joint venture with American Aetna Life Insurance Company in Shanghai.
Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.