Corporate
China Insurance International Holdings Company Limited ("CIIH") is publicly listed on the Main Board of the Hong Kong Stock Exchange (Stock Code: 966) and is an insurance conglomerate incorporated and headquartered in Hong Kong.  The corporate company is mainly responsible for overall group strategic planning, overall group capital management and development in support of the operatory businesses, investor relations, credit ratings and research analysts relations, and compliance with the listing and other laws and regulations of Hong Kong.

Reinsurance Business
The Reinsurance Business is operated by China International Reinsurance Company Limited ("CIRe"), which is wholly-owned by CIIH and was incorporated in Hong Kong in 1980.  CIRe is mainly engaged in the underwriting of all classes of global reinsurance business except for casualty reinsurance business outside Asia and its key markets are Hong Kong, China, Japan, other Asian countries or territories, Europe and other parts of the world.  CIRe is rated A- by A.M. Best, A- by S&P and A- by Fitch, which are among the best ratings ever received for a PRC-affiliated company.

Life Insurance Business
The Life Insurance Business is operated by Tai Ping Life Insurance Company, Limited ("TPL"), which is 50.05%-owned by CIIH.  TPL was incorporated in PRC with a national licence to operate domestic life insurance.  TPL is mainly engaged in underwriting of direct life insurance contracts in Mainland China.  TPL's products are distributed through Individual Agents, Own Marketing Team, Brokers and Bancassurance.  TPL has 28 main branches and more than 282 sub-branches and marketing centers in major cities.  TPL is rated BBB+ by Fitch.

Property and Casualty Insurance Business
The Property and Casualty Insurance Business is operated by The Tai Ping Insurance Company Limited ("TPI"), which is 40.025%-owned by CIIH.  TPI was incorporated in PRC with a national licence to operate domestic P&C insurance.  TPI is mainly engaged in underwriting motor, marine and non-marine policies in Mainland China.  TPI has 22 main branches and more than 280 sub-branches and marketing centers in major cities.

Other Businesses

1. Asset Management Business - The Assets Management Business is operated by China Insurance Group Assets Management Limited ("CIGAML"), which is wholly-owned by CIIH and is incorporated in Hong Kong.  CIGAML is licensed with Hong Kong's Securities & Futures Commission and mainly focuses on managing CIIH's and CIHC's non-RMB funds.
   
   

2. Insurance Intermediary Business - The Insurance Intermediary Business is operated by Sino-RE Reinsurance Brokers Limited ("Sino-Re"), which is wholly-owned by CIIH and incorporated in Hong Kong.  Sino-Re is mainly engaged in broking services for reinsurance and insurance companies.  Sino-Re's key markets are Hong Kong, Macau, Singapore and PRC.