Taiping Life: the future glory

Pacific Life has a long history, was founded in Shanghai in 1929. In the history of the Taiping Life, China's modern history of the development of insurance, unique, becoming the most powerful, the largest market share of up to the nation on behalf of the insurance industry, the Chinese insurance industry to write a glorious chapter in history.



In 1956, in accordance with national policy, Pacific Life moved to Hong Kong's overseas franchise business for nearly half a century. November 30, 2001, Taiping Life Insurance to resume full operation of the domestic personal insurance business, becoming the sixth national home life insurance company, China's insurance market today is operating on the longest and oldest brand of Chinese-funded life insurance companies . At present, the company registered capital of 2,330,000,000 yuan, with headquarters in Shanghai. 7 years to resume business, Pacific Life has been in the country 27 provinces, autonomous regions and municipalities set up 34 branches and more than 500 three or four agencies, national institutions and the completion of the basic layout of the network.



Re-establish their businesses after China Taiping Life Insurance for Insurance (Holdings) Ltd., China Insurance International Holdings Limited and Fortis Insurance International, Inc. shareholders, the shareholders of international and professional advantages. Taiping Life Insurance for the three major shareholders to resume business after a leap-forward development of capital, technology, management and human resources on the powerful support to ensure the company's management and business development has always been in steady and healthy "fast track" high-speed ahead, and Quick set up the company's core brand strengths and competitive advantage, China's insurance industry has become a rising star and an important backbone.



To resume business seven years ago, Pacific Life has gradually developed a distinctive feature of the "Tai Ping Life model," in the industry has attracted wide attention. At the same time, by virtue of high-quality talent, improve the competitive product line, as well as optimize the operation of the level of service, Pacific Life's management and competitiveness of enterprises continued to significantly increase brand image and reputation have been customers, employees And a high degree of social recognition. From 2003 to 2007, Pacific Life 5 years in a row by the authority of the international rating agency Fitch (FITCH) awarded BBB + rating, Fitch's view that the credit quality of a good, solid financial strength and establish a good business model. From 2005 to 2006, the company has access to operating system services, "the policy of the new contract services" and "claims management services," and "preservation" and "customer service system," the four BSI (British Standards Institution) ISO9001: 2000 quality management system certification , Marking the carrier's service has reached the level of international quality management requirements. In October 2006, Taiping Life won the 14th World Productivity Congress Innovation Forum "Top Ten (China) outstanding innovative enterprises," the title of China's finance and insurance industry, the only one to receive the Award of the enterprise. In August 2007, won the Pacific Life "brand China Gold Award spectrum - China (financial) sector of the annual 10 best brand name"; in September, Taiping Life crowned as the "2007 China Top 500 Enterprises" and "2007 China's service industry 500 Strong. " In August 2008, Pacific Life once again selected "2008 China Top 500 Enterprises" and "2008 China's service industry's top 500 enterprises", and the number has been increasing steadily, the company highlighted the growing value of the brand, the company's brands continue to write the history of the development " The new legend. "



As of 2007, total assets of Taiping Life breakthrough 46,000,000,000 yuan, the total reached 6,000,000 customers, with a total insured amount of breakthrough 800,000,000,000 yuan, the market share of 3%. In 2007, the company's annual premium income of 15,800,000,000 yuan, two years in a row in the tens of billions of dollars a firm platform, marking the company has been maintaining a stable domestic life insurance companies in large-scale ranks. Following the success achieved in 2006 in Hong Kong accounting standards under the annual profit goal of a draw, in 2007 and the successful implementation of accounting standards in Hong Kong and the Chinese accounting standards under both draw profits ahead of time to achieve the strategic goal of profitability for Company profits into the period and continued contribution to the profit and laid a solid foundation.



In all aspects of the operation and management of the company to make significant breakthroughs in innovation, Pacific Life has also been actively operating in the area and expand the scope of an integrated business model has been walking in the forefront of the industry. In December 2004 by the Taiping Life Insurance as a major sponsor to apply for the establishment of the Taiping Pension Insurance Co., Ltd. allowed to open, Taiping Pension Insurance Co., Ltd. currently has in the annuity market, domestic enterprises to establish a certain amount of lead, became the hundreds of large-scale Professional business enterprise annuity providers and partners. In September 2006, Pacific Life Holdings to set up the Pacific Asset Management Co., Ltd. officially opened the domestic insurance industry as a nine professional asset management companies, Pacific Asset Management Ltd. in the operation of insurance funds, made the same industry-leading investment performance For the Pacific Life clients preserve and increase the value of the assets to provide a strong guarantee. Has a long history of the "Tai Ping Life" brand, in the new period, was injected new connotations, and will further establish its Integrated competitiveness.



In 2008, Taiping Life is the implementation of the second five-year strategic planning of the second year, the company's future development goals is to become China's life insurance industry management, and process benchmarking system, so that the Taiping Life Insurance to enter the international A-class enterprises to become China and the world's outstanding brands and build China into the financial and insurance industry's first true sense of the "100 years old."