China Pacific Insurance (Group) Co., Ltd. is a state-owned joint-stock enterprise. It is an insurance group company established on the basis of China Pacific Insurance Company established on May 199 13, with its headquarters in Shanghai. Pacific Insurance Company is a state-owned enterprise in Shanghai, not a central enterprise.
China Pacific Life Insurance Co., Ltd., China Pacific Property Insurance Co., Ltd., Pacific Asset Management Co., Ltd., China Pacific Insurance (Hong Kong) Co., Ltd., China Pacific Insurance Investment Management (Hong Kong) Co., Ltd., Pacific Insurance Online Service Technology Co., Ltd. and Changjiang Pension Insurance Co., Ltd. are controlled by Pacific Insurance Group.
In terms of premium scale, the property insurance business of Pacific Insurance Company in Chinese mainland market is the third largest property insurance company after PICC P&C and Ping An of China. Life insurance business is the fifth largest life insurance company after China Life Insurance, China Ping An, Xinhua Life Insurance and PICC Life Insurance.
Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.