A Brief Introduction of CPIC20112011Profile China Pacific Insurance was established in Shanghai, on 13th May 1991. It boasts a composite insurance group focused on China as its home market. In 2011, the Company was listed as one of the Top 500 Enterprises of Fortune, Forbes of America, as well as Financial Times of Britain. The Company is listed on Shanghai Stock Exchange and Hong Kong Exchanges. As a leading insurer in China, it has several subsidiaries: China Pacific Property Insurance Co., Ltd., China Pacific Life Insurance Co., Ltd., Pacific Asset Management Co., Ltd., Changjiang Pension Insurance Co., Ltd. and etc. Focused on insurance business, China Pacific Insurance adheres to the management philosophy of “pursing and achieving sustained value growth.” The Company strives to achieve a coordinated growth of property and life insurance, as well as insurance and investment business.1HistoryIncorporated as China Pacific Insurance Co., Ltd. (CPIC) 1991 2001 2006 2007 2009 2011 CPIC Group was listed on Shanghais Stock Exchange on Dec 25th, 2007.Renamed to China Pacific Insurance (Group) Co., Ltd. Launched China Pacific Property Insurance Co., Ltd. and China Pacific Life Insurance Co., Ltd.CPIC Group was listed on Hong Kong Exchanges on Dec 23th, 2009Launched Pacific Asset Management Co., Ltd.CPIC Group acquired Changjiang Pension Insurance Co., Ltd. in 2009.2China Pacific Insurance Group Co., Ltd.Major Shareholders and Subsidiaries100.00%98.50%51.00%99.67%CPIC PropertyChangjiang PensionCPIC Asset ManagementCPIC Life98.29%Corporate Governance18.79%14.93%8.05%14.25%Hong Kong Securities Clearing Company LimitedFortune Investment Co., Ltd.Shenergy Group Co., Ltd.Carlyle GroupShanghai State-Owned Assets Operation Co., Ltd.4.93%CPIC HKNote：Data as of June 30th of 2011 3Highlights of Financial DataUnit：100 million RMB200820082009200920102010Premium IncomePremium Income94010181395Total assetsTotal assets319339724757.11Net profitNet profit25.6973.5685.57EquityEquity486.38746.51802.97Basic earnings per shareBasic earnings per share（RMB per share）0.330.951.00Net assets per shareNet assets per share（RMB per share）6.328.809.344Year 2001Total Assets: 29 billion RMBPrem. Inc.: 22.9 billion RMB Year 1991Total Assets: 1 billon RMB Prem. Inc.: 0.26 billion RMBYear 2010Total Assets: 475.7 Billion RMBPrem. Inc.: 139.5 Billion RMBTwenty Years Business Growth5Market ShareMarket Market Share Share of of Property Property & & Casualty Casualty Insurance Insurance Industry Industry as of 1st Half of 2011as of 1st Half of 2011Market Share of Life Market Share of Life Insurance Industry of as Insurance Industry of as of1st Half of 2011of1st Half of 20116Company Strategy1.1. Focusing on insurance2. Unremittingly striving to achieve sustained value growthnPersistently making efforts to enhance business value of life insurancenAdhering to optimizing combined ratio of property & casualty insurancenKeeping the premium of investment income over debt cost3. Customer Orientated7Business Introduction Life 200820092011H1Premium Income ofLife Insurance （100 million RMB）+30%+30%+42%+42%2010Sustained Growth of Premium IncomeSustained Growth of Premium Income8Business Introduction Life21.0%18.3%36.9%22.0%18.0%19.0%38.2%31.4%5.5%16.0%12.0%27.2%2008200920102011H1CPICPing AnChina LIfeGrowth of New Business Value Growth of New Business Value Leading Performance in the IndustryLeading Performance in the Industry9Business Introduction LifeBusiness Structure by ChannelsBusiness Structure by Channels （2011 H1）10Business Introduction P&C2008200920102011H1P&C Premium Income (100 million RMB）+23%+23%+50%+50%Fast Growth of BusinessFast Growth of Business11Business Introduction P&CCombined Ratio Combined Ratio Competitive in the IndustryCompetitive in the Industry12Business Introduction P&CBusiness Structure by ProductsBusiness Structure by Products（2011 H1）13Business Introduction Asset Management55%0.6%27%18.4 %13.2 %Steady Growth of Investment AssetsSteady Growth of Investment Assets14Business Introduction Asset Management2008200920102011H1Total InvestmentIncome (100 million RMB)Continued Growth Continued Growth of Investment Incomeof Investment Income15Business Introduction Asset ManagementFlexible Allocation of Assets and its Flexible Allocation of Assets and its StructureStructureNote：Real estate investment for 2011 is not included16Business Introduction Pension2011H12010Entrusted assets under management (100 million RMB) Investment assets under management (100 million RMB)2011H12010Pension Business with Large Pension Business with Large PotentialPotential17Business Introduction A Broad Range of CustomersFeatures of Life Insurance ClientsCorporate clients mainly comes from economically more developed regions and populated regions.Individual clients mainly comes from cohort aged between 30 and 45, with both purchasing power and willingness to buy insurance.Features of P&C Insurance ClientsMainly comes from economically more developed regions and large-and-mid sized cities.Quality large scale corporate clients account for about 35% of the total.18BranchesBranchesn As of the end of 2010，there are a total of 77 branch offices (40 P&C branch offices and 37 life branch offices，and close to 6000 sub-branch offices at key cities, counties and etc. Business IntroductionA Nation-wide Sales Service NetworkDiversified sales service channelsDiversified sales service channels（Data quoted, as of the end of 2010）Sales teamSales team：280,000 life insurance agents，27604 P&C insurance agentsnCaptive agencies and ancillary agenciesCaptive agencies and ancillary agencies：1361 institutional agencies，12947 ancillary agenciesnInsurance BrokerInsurance Broker：over 1000 brokersover 1000 brokersnNew channelsNew channels： Website：www.cpic.com.cn TelesalesnNational Service CenterNational Service Center：9550095500 19ManagementThe Board of Directors of CPIC GroupMandate of GroupMandate of SubsidiariesStrategy & planPolicy makingRisk monitorResources allocationMarketingCustomer ServiceOperation & managementRisk ControlAssetManage-mentManagement Board of GroupProperty & Casualty InsuranceAsset ManagementLife InsuranceStrategicManage-mentHRFinanceActuarialInternalAuditingRisk Manage-mentCompl-ianceIT20Company BrandIn 2011In 2011，No. 467 of Top 500No. 467 of Top 500Global Top 500 Listed Companies by Global Top 500 Listed Companies by Financial Times of Britain in a rowFinancial Times of Britain in a rowGlobal Top 500 by Forbes in a rowGlobal Top 500 by Forbes in a row In 2010 In 2010，awarded the titles of awarded the titles of “The Most TrustedThe Most Trusted P & C company, and Life Insurance Company P & C company, and Life Insurance Company”No. 3 in terms of comprehensive competitiveness No. 3 in terms of comprehensive competitiveness in Asiain Asias non-life and No.5 in Asias non-life and No.5 in Asias life s life insurance industryinsurance industry21Focused on insuranceSustained value growthA top-notch insurance and financial services group with global competitive edge Professional and solid capacity in managing assetsProfessional insurance business operation and a solid base for steady growthExcellent employees and good public imageVision22谢谢! Thank You!