Pacific Insurance said claims will not have a significant impact on the company.

<P> Keywords: Pacific Earthquake Insurance Claims business impact "caused by the earthquake, including the ICBC project, including claims, the company will not cause significant negative impact on business." June 4, China Pacific Insurance Group, the parties concerned .As mentioned in an interview to that. .</ P> <P> earthquake impact to the insurance industry is gradually expanding. .Some financial institutions and business outlets, and causing serious losses, insurance claims and other issues began to put on the agenda. .This reporter has learned, has been the Industrial and Commercial Bank of China Pacific Insurance Property & Casualty insurance system large customers. .April 2003, CPIC headquarters property and casualty insurance and workers insurance agreement signed and approved by China Insurance Regulatory Commission approved after the 6th consecutive year, chief underwriting the insurance and Commercial Bank of China fixed-asset class housing equipment insurance. .</ P> <P> "CPPIC master policy as the bank's chief underwriter, underwriting share of 40%, which bear 40% of the claim paid." Parties of China Pacific Insurance Group, also said the company has been through .into a number of reinsurance, excess and catastrophe excess of loss reinsurance and other reinsurance means reinsurance build a more comprehensive mechanism for risk diversification, the overall business operating risk kept manageable. .</ P> <P> "CPIC Property & Casualty Insurance and ICBC signed an agreement to expand the responsibility of the earthquake." According to the China Pacific Insurance Group, introduced the parties concerned, ICBC earthquake in Sichuan, Shaanxi, Gansu and other agencies in the affected areas suffered property .a certain loss, CPPIC these areas also began to receive the body of the report the bank, the bank is now actively discussing with the loss of how to program the survey claims. .Pacific Insurance Group said the parties concerned, the company reported that according to the bank's loss, combined with the insurance contract to carry out the work of the entire insurance claims, a detailed survey carried out by turn, to assess the damage, adjusters and other work processes, determine the final amount of loss. .</ P> </ p>.