CPIC Wins 2024 Asia's Outstanding Brand Award

Deep News
Oct 31

On October 30, by Victoria Harbour, CPIC (China Pacific Insurance Group) was honored with the annual "Asia's Outstanding Brand Award" by Yazhou Zhoukan (Asia Weekly) for its global expansion, sustainable practices, innovative products and services, and high-quality development achievements.

Founded in 1987, Yazhou Zhoukan is the world's first international Chinese-language current affairs weekly, distributed in over 25 countries and regions. In its citation, the publication praised: "CPIC upholds its core values of 'integrity, stability, excellence, and innovation,' continuously advancing its internationalization strategy. The group successfully issued HKD 15.556 billion in H-share convertible bonds with a conversion premium of 25%, reflecting strong market confidence in its fundamentals. Its Hong Kong subsidiary has launched multiple innovative services and achieved the highest MSCI ESG rating of AAA, making CPIC the first mainland Chinese insurer to receive this distinction."

Su Shaojun, CPIC’s Board Secretary, stated in an exclusive interview that sustainability has long been a guiding principle for the company. Internationalization is now a core strategy, with Hong Kong serving as a springboard for global integration. CPIC is building a synergistic domestic and overseas development model to enhance cross-border service capabilities and global asset allocation, reinforcing its position as a leading insurance and financial services group with international competitiveness.

CPIC is actively expanding its service network across Belt and Road markets and key international regions. Moving forward, it will accelerate business deployment in strategic areas, offering cross-border insurance solutions to support Chinese enterprises in risk management and operational resilience. The company aims to contribute to a more robust global supply chain and socioeconomic development in broader regions.

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