China Pacific Insurance (Group) Co., Ltd
China Pacific Insurance (Group) Co., Ltd. is an integrated insurance service provider. The Company offers life and property insurance products and services through its subsidiaries, China Pacific Life Insurance Co., Ltd and China Pacific Property Insurance Co., Ltd., respectively. Through its subsidiary China Pacific Asset Management Co., Ltd, the Company is also involved in the management and operation of insurance assets. During the year ended December 31, 2007, the Company obtained approximately 68% and 32% of its total premium revenue from its life insurance and property insurance businesses, respectively. As of December 31, 2007, the Company had approximately 36.12 million of individual customers and 2.2 million of corporate customers.
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Asian major indexes were higher Friday after a late-day recovery in the U.S. market. Japan's Nikkei 225 closed up 0.96%, while Korea's Kospi ended 0.5% higher. Shanghai Composite surged 3% to over 2300 points, Hong Kong's Hang Seng Index added 2.47% and Taiwan's main index up 2.1%.
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