Back

CPIC

0.00%
NEUTRAL

China Pacific Insurance Approves Appointment of New Chairman

Why we think this is neutral

This RNS announcement does not contain any of the mandatory news types that would require a more detailed analysis. It simply announces the approval of the appointment qualification of a new chairman for a subsidiary of China Pacific Insurance.

Key Points

  • Approval of appointment qualification of Mr. YU Bin as chairman of CPIC P/C subsidiary
  • Term of office for Mr. YU Bin as chairman became effective on 4 June 2025

Summary

The insurance company has received regulatory approval for the appointment of a new chairman at one of its subsidiaries.

China Pacific Insurance (Group) Co., Ltd. has announced that its subsidiary, China Pacific Property Insurance Co., Ltd. (CPIC P/C), has received approval from the National Financial Regulatory Administration for the appointment of Mr. YU Bin as the chairman of the eighth session of CPIC P/C's board of directors. The term of office for Mr. YU Bin became effective on 4 June 2025.

GENERAL UPDATE