China Pacific Insurance Provides Prepaid Compensation to Support Flood Prevention and Disaster Relief Efforts

Strategic Insights -

China Pacific Insurance Group Co., Ltd. has announced that it has provided prepaid compensation worth 10.2 million yuan to support flood prevention and disaster relief efforts in Beijing. The insurance company launched a claim settlement prepayment mechanism for corporate customers with serious losses and tight funds, with a total of 10.2 million yuan being paid in advance to Beijing Jinhang Environmental Protection Co., Ltd. and the Hekou Village Economic Cooperative.

Key Takeaways:

  • China Pacific Insurance provided prepaid compensation worth 10.2 million yuan to support flood prevention and disaster relief efforts in Beijing.
  • The insurance company launched a claim settlement prepayment mechanism for corporate customers with serious losses and tight funds.
  • China Pacific Insurance immediately carried out various flood control measures and insurance claim settlement services, with a focus on the safety of people's lives and property.
  • The insurance company opened a green channel to quickly investigate and determine losses, aiming to achieve full compensation, early compensation, and quick compensation.
  • The Hekou Village Economic Cooperative, an agricultural insurance customer of China Pacific Insurance, suffered significant losses due to heavy rain, with an estimated economic loss totaling over 300,000 yuan.
  • China Pacific Insurance Cooperated with the cooperative for many years, and the insurance company quickly dispatched staff to conduct on-the-spot investigations and conducted two re-inspections within three days.

Statistics:

  • 10.2 million yuan: The amount of prepaid compensation provided by China Pacific Insurance to support flood prevention and disaster relief efforts.
  • 297: The total number of vegetable and flower greenhouses insured by China Pacific Insurance Co., Ltd. Beijing Branch.
  • 30: The number of greenhouses that collapsed due to heavy rain.
  • 207: The number of greenhouses that had their crops completely lost.
  • 300,000 yuan: The estimated economic loss suffered by the Hekou Village Economic Cooperative.
  • 32: The number of sewage treatment stations damaged in the flood disaster.
  • 10 million yuan: The amount of prepaid compensation provided by China Pacific Insurance to Beijing Jinhang Environmental Protection Co., Ltd.

Sources:

  • China Pacific Insurance (Group) Co., Ltd.
  • China Pacific Insurance Co., Ltd. Beijing Branch.