中國太保情況介紹2011年版80,英文版

ABriefIntroductionofCPIC2011

Profile

ChinaPacificInsurancewasestablishedinShanghai,on13thMay1991.ItboastsacompositeinsurancegroupfocusedonChinaasitshomemarket.In2011,theCompanywaslistedasoneoftheTop500EnterprisesofFortune,ForbesofAmerica,aswellasFinancialTimesofBritain.TheCompanyislistedonShanghaiStockExchangeandHongKongExchanges.AsaleadinginsurerinChina,ithasseveralsubsidiaries:ChinaPacificPropertyInsuranceCo.,Ltd.,ChinaPacificLifeInsuranceCo.,Ltd.,PacificAssetManagementCo.,Ltd.,ChangjiangPensionInsuranceCo.,Ltd.andetc.Focusedoninsurancebusiness,ChinaPacificInsuranceadherestothemanagementphilosophyof“pursingandachievingsustainedvaluegrowth.”TheCompanystrivestoachieveacoordinatedgrowthofpropertyandlifeinsurance,aswellasinsuranceandinvestmentbusiness.1HistoryIncorporatedasChinaPacificInsuranceCo.,Ltd.(CPIC)1991

200120062007

2009

2011CPICGroupwaslistedonShanghai’sStockExchangeonDec25th,2007.RenamedtoChinaPacificInsurance(Group)Co.,Ltd.LaunchedChinaPacificPropertyInsuranceCo.,

Ltd.andChinaPacificLifeInsuranceCo.,Ltd.CPICGroupwaslistedonHongKongExchangesonDec23th,2009LaunchedPacificAssetManagementCo.,Ltd.CPICGroupacquiredChangjiangPensionInsuranceCo.,Ltd.in2009.2ChinaPacificInsuranceGroupCo.,Ltd.MajorShareholdersandSubsidiaries100.00%98.50%51.00%99.67%CPICPropertyChangjiangPensionCPICAssetManagementCPICLife98.29%CorporateGovernance18.79%14.93%8.05%14.25%HongKongSecuritiesClearingCompanyLimitedFortuneInvestmentCo.,Ltd.ShenergyGroupCo.,Ltd.CarlyleGroupShanghaiState-OwnedAssetsOperationCo.,Ltd.4.93%CPICHKNote：DataasofJune30thof20113HighlightsofFinancialDataUnit：100millionRMB200820092010PremiumIncome94010181395Totalassets319339724757.11Netprofit25.6973.5685.57Equity486.38746.51802.97Basicearningspershare（RMBpershare）0.330.951.00Netassetspershare（RMBpershare）6.328.809.344Year2001

TotalAssets:29billionRMBPrem.Inc.:22.9billionRMBYear1991TotalAssets:1billonRMBPrem.Inc.:0.26billionRMBYear2010

TotalAssets:475.7BillionRMBPrem.Inc.:139.5BillionRMBTwentyYears’BusinessGrowth5MarketShareMarketShareofProperty&CasualtyInsuranceIndustryasof1stHalfof2011MarketShareofLifeInsuranceIndustryofasof1stHalfof20116CompanyStrategy

Focusingoninsurance

Unremittingly

strivingtoachievesustainedvaluegrowthPersistentlymakingeffortstoenhancebusinessvalueoflifeinsuranceAdheringtooptimizingcombinedratioofproperty&casualtyinsuranceKeepingthepremiumofinvestmentincomeoverdebtcost

CustomerOrientated7BusinessIntroduction——Life200820092011H1PremiumIncomeofLifeInsurance（100millionRMB）+30%+42%2010SustainedGrowthofPremiumIncome5468BusinessIntroduction——Life21.0%18.3%36.9%22.0%18.0%19.0%38.2%31.4%5.5%16.0%12.0%27.2%2008200920102011H1CPICPingAnChinaLIfeGrowthofNewBusinessValue——LeadingPerformanceintheIndustry9BusinessIntroduction——LifeBusinessStructurebyChannels（2011H1）10BusinessIntroduction——P&C2008200920102011H1P&CPremiumIncome

(100millionRMB）+23%+50%323FastGrowthofBusiness11BusinessIntroduction——P&CCombinedRatio——CompetitiveintheIndustry12BusinessIntroduction——P&CBusinessStructurebyProducts（2011H1）13BusinessIntroduction——AssetManagement＋55%＋0.6%＋27%＋18.4

%＋13.2

%SteadyGrowthofInvestmentAssets14BusinessIntroduction——AssetManagement2008200920102011H1TotalInvestmentIncome

(100millionRMB)108ContinuedGrowthofInvestmentIncome15BusinessIntroduction——AssetManagementFlexibleAllocationofAssetsanditsStructureNote：Realestateinvestmentfor2011isnotincluded16BusinessIntroduction——Pension2011H12010162Entrustedassetsundermanagement(100millionRMB)Investmentassetsundermanagement(100millionRMB)2011H12010PensionBusinesswithLargePotential17BusinessIntroduction——ABroadRangeofCustomersFeaturesofLifeInsuranceClientsCorporateclientsmainlycomesfromeconomicallymoredevelopedregionsandpopulatedregions.Individualclientsmainlycomesfromcohortagedbetween30and45,withbothpurchasingpowerandwillingnesstobuyinsurance.FeaturesofP&CInsuranceClientsMainlycomesfromeconomicallymoredevelopedregionsandlarge-and-midsizedcities.Qualitylargescalecorporateclientsaccountforabout35%ofthetotal.18Branches

Asoftheendof2010，thereareatotalof77branchoffices(40P&Cbranchofficesand37lifebranchoffices，andcloseto6000

sub-branchofficesatkeycities,countiesandetc.BusinessIntroduction

——ANation-wideSalesServiceNetworkDiversifiedsalesservicechannels（Dataquoted,asoftheendof2010）Salesteam：280,000lifeinsuranceagents，27604P&CinsuranceagentsCaptiveagenciesandancillaryagencies：1361institutionalagencies，12947ancillaryagenciesInsuranceBroker：over1000brokersNewchannels：√Website：√TelesalesNationalServiceCenter：95500

19ManagementTheBoardofDirectorsofCPICGroupMandateofGroupMandateofSubsidiariesStrategy&planPolicymakingRiskmonitorResourcesallocationMarketingCustomerServiceOperation&managementRiskControlAssetManage-mentManagementBoardofGroupProperty&CasualtyInsuranceAssetManagementLifeInsuranceStrategicManage-mentHRFinanceActuarialInternalAuditingRiskManage-mentCompl-ianceIT20CompanyBrandIn2