Global 500

Rank
252
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China Pacific Insurance (Group)

CPIC to improve business quality through digitization
--FILE--Pedestrians walk past a branch of China Pacific Insurance Company (CPIC) in Yichang city, central China's Hubei province, 28 April 2015. China Pacific Insurance Group said it will continue to enhance digital channels and develop more protection types of insurance products as part of measures to improve business quality for the next three years under leadership of a new board, company officials said today. The group has prioritized development of digital platforms as a major strategy for the next three years to “focus on core insurance businesses and pursue sustainable value growth, group chairman Gao Guofu said on a briefing.Yi chang—Imaginechina/AP
  • Previous Rank
    251
  • Revenues ($M)
    40193
  • Revenue Percent Change
    2.2
  • Profits ($M)
    1814.9
  • Profits Percent Change
    -35.7
  • Assets ($M)
    146873
  • Employees
    97032

Company Information

CEOHuo Lianhong
SectorFinancials
IndustryInsurance: Life, Health (stock)
HQ LocationShanghai, China
Websitewww.cpic.com.cn
Years on Global 500 List7
Employees97,032

Key Financials (Last Fiscal Year)

Revenues ($M)$40,193
Profits ($M)$1,814.9
Assets ($M)$146,873
Total Stockholder Equity ($M)$18,960

Profit Ratios

Profit as % of Revenues4.5%
Profits as % of Assets1.2%
Profits as % of Stockholder Equity9.6%