China Insurance International Holdings Co Ltd http://www.alacrastore.com/company-snapshot/China_Insurance_International_Holdings_Co_Ltd-2110661 Sunday, November 23, 2008 2:08:40 PM 2110661 China Insurance International Holdings Co Ltd en AlacraStore RSS Builder 1.0 30 http://www.alacrastore.com/storecontent/fitch/398906_report_framefitch/398906_report_framepdfFitch Ratings is a leading global rating agency committed to providing the world's credit markets with independent, timely and prospective credit opinions. Built on a foundation of organic growth and strategic acquisitions, Fitch Ratings has grown rapidly during the past decade gaining market presence throughout the world and across all fixed income markets.China Insurance International Holdings Co LtdChina International Reinsurance Company LimitedTai Ping Insurance Company Ltd.8075793580757959807579788/29/2008 2:15:00 PM010103000101030301010309425Full Rating Report0966398906_report_frameCredit & Investment ResearchFitch Researchhttp://www.alacrastore.com/storecontent/spcred/666256spcred/666256normThe latest Full Report from S&Pglobal8/20/2008 4:23:00 AM400Full Report666256Hong KongReinsuranceAsiaEmerging MarketsGlobal IssuersInsuranceFull ReportDiverse business activities Continued strong growth prospects in China Satisfactory earnings although subject to volatility Potential capital drain from fast-growing China operations High reliance on single premium products in its life business through bancassurance The ratings on China Insurance International Holdings Co. Ltd. (CIIH) reflect the combined credit profiles of the CIIH group's major operating entities and subordination notching due to its status as an insurance holding company. The ratings reflect the group's good business diversity and business position in China and Hong Kong, its satisfactory earnings, strong growth prospects, and currently satisfactory capitalization. These factors are partly offset by the group's continued capital needs to support the still-strong growth anticipated in the Chinese insurance market. CIIH is listed inHKG40301050 403010 4030 40China Insurance International Holdings Co. Ltd.374420ASIAEMERGING966@HKFULLHKG40301050 403010 4030 40China International Reinsurance Co. Ltd.313793EMERGINGASIA1142Z@HKGLOBISSINSCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/spcred/666257spcred/666257normThe latest Summary from S&Pglobal8/20/2008 4:23:00 AM175Summary666257Hong KongReinsuranceAsiaEmerging MarketsGlobal IssuersInsuranceSummaryThe ratings on China Insurance International Holdings Co. Ltd. (CIIH) reflect the combined credit profiles of the CIIH group's major operating entities and subordination notching due to its status as an insurance holding company. The ratings reflect the group's good business diversity and business position in China and Hong Kong, its satisfactory earnings, strong growth prospects, and currently satisfactory capitalization. These factors are partly offset by the group's continued capital needs to support the still-strong growth anticipated in the Chinese insurance market. CIIH is listed in Hong Kong and is part of China Insurance (Holdings) Co. Ltd. The CIIH group has a diverse business profile, both by business line and geographically. The group's wholly owned reinsurance arm is Hong Kong-basedHKG40301050 403010 4030 40China Insurance International Holdings Co. Ltd.374420ASIAEMERGING966@HKSUMMARYHKG40301050 403010 4030 40China International Reinsurance Co. Ltd.313793ASIAEMERGING1142Z@HKGLOBISSINSCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/fitch/427022_pr_framefitch/427022_pr_framehtmlFitch Ratings is a leading global rating agency committed to providing the world's credit markets with independent, timely and prospective credit opinions. Built on a foundation of organic growth and strategic acquisitions, Fitch Ratings has grown rapidly during the past decade gaining market presence throughout the world and across all fixed income markets.China Insurance International Holdings Co LtdChina International Reinsurance Company LimitedTai Ping Insurance Company Ltd.8075793580757959807579787/24/2008 10:22:00 AM01010300010103030101030985Press Release0966427022_pr_frameCredit & Investment ResearchFitch Research