China Pacific Insurance (A shares: 60 160 1, H shares: 0260 1), also known as Pacific Insurance, was formerly known as China Pacific Insurance Company and was established on May 19 13 with the approval of the People's Bank of China. 200 1 According to the reply of the CIRC in the State Council and China, China on the reform of the separate operation institutions, the former China Pacific Insurance Company was renamed as "China Pacific Insurance (Group) Co., Ltd.". CPIC is the second largest property insurance company in Chinese mainland, second only to China Property Insurance, and the third largest life insurance company, second only to China Life Insurance and China Ping An. It operates a variety of insurance services, including life insurance, property insurance and reinsurance.