Statistics from the China Insurance Regulatory Commission shows that by midnight of April 21st China Life Insurance, China Pacific Insurance, Ping An Insurance and New China Life Insurance has all been compensated $1.62 million in pay-outs. When these insurance companies rapidly responded to the earthquake, the huge gap between insurance compensations and these companies' donations to earthquake disaster region attracted people's attention. On the 21st April, one day after the earthquake, the four insurance companies announced a donation of over $9.5 million, far more than these companies' insurance compensation pay-outs. Go to http://www.bon.tv/China-Price-Watch/ to watch the full episode
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Ping An Insurance (Group) Co. of China Ltd.
15-18/F, Galaxy Development Center Fu Hua No. 3 Road Futian Dist
Shenzhen , GD 518048
SIC Code: 6399