It was established on the basis of the former China Pacific Insurance Corporation, which was founded in 1991 approved by the People's Bank of China.

Through its subsidiary China Pacific Asset Management Co., Ltd, the company is also involved in the management, provision of consulting services relating to asset management[6] and operation of insurance assets.

[7] It is planning to issue H shares in the Hong Kong Stock Exchange in near future.

[8] CPIC dropped below the IPO price of RMB¥30 on 26 March 2008 and closed at RMB¥27.98.

[9] Its H shares were listed on the Hong Kong Stock Exchange on 23 December 2009 with IPO price of HK$28 per share.