The positive impact of positive changes that may occur for various subsidiaries CPIC and CPIC Group. 'CPIC executive changes might not ended over the weekend, the market came news shows, because stampede deposed former Party Secretary Zhou Huangpu will serve as vice president of China Pacific Insurance office. But in the March 8, from LONDON official sources published the news, said: 'LONDON reporter from the Shanghai Municipal Party Committee organization Department was informed that, in January this year by Zhou Wei, Comrade Peng Song party and government discipline, there is no arrangement in his new position. 'And China Pacific Insurance PR responsible person responded Die Zeit correspondent, said:' The company is no news in this regard. 'However, China Pacific Insurance, a person inside told Die Zeit reporter, Zhou Wei Chuan years ago to serve as vice president, hitherto assumed office, but also no appointment notification. Although rumors have not been confirmed, but this year after a series of personnel changes China Pacific insurance a robust attitude change, you want to force the intention of the printed page. coaching casualty insurance companies in recent years, dragged down the performance of CPIC, the former chairman Wuzong Min helm four years after the coaching change ushered in. Wuzong Min is from from February 2011 as the CPIC Insurance chairman, he served as China Pacific Insurance (Hong Kong) Co., Ltd., which previously served as General Manager of CPIC Insurance in 2007. China Pacific Insurance recently announced that, in view of the company's subsidiary CPIC Property \u0026 Casualty former chairman Mr. Wu Zongmin because of work needs to resign; at the same time, the chairman of the Board elected Mr. Gu CPIC fifth board of directors in accordance with relevant regulatory requirements, Mr. Gu Yue, chairman of the qualifications required to obtain China Insurance regulatory. Committee for approval. statistics show that over the past few years, CPIC insurance faced with China PICC, Ping An insurance business data gaps are gradually expanding the situation. in 2009, Ping An insurance premiums only $ 4.2 billion gap to catch up with CPIC insurance , and by 2013 exceeded 100 billion Ping an Insurance, PICC China exceeded 200 billion yuan mark the occasion, CPIC property insurance premium income is only 81.613 billion yuan, according to data released by China Insurance Regulatory Commission, as of the end of 2014, CPIC Insurance the original insurance premium income of 92.837 billion yuan, the market share of 12.3%, 0.3 percentage points lower than last year
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