China Pacific Insurance (Group) Co Ltd - Company Profile
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China Pacific Insurance (Group) Co Ltd (CPIC) is a provider of insurance solutions. Solvency, robust growth in embedded value and new business value and digital innovation and customer engagement are the major strengths of the company, even as a decline in value of in-force business remains a cause for concern. Growth in life and non-life insurance segments and positive economic outlook in the short term in China will likely offer ample growth opportunities to the company. However, financial market fluctuations, technological disruptions and innovations, and regulatory scrutinies and compliance costs could affect the company’s business performance.
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