BRIEF-China Pacific Insurance's 2016 net profit down 32 pct y/y

March 29 (Reuters) - China Pacific Insurance Group Co Ltd

* Says 2016 net profit down 32.0 percent y/y at 12.06

billion yuan ($1.75 billion)

Source text in Chinese: http://bit.ly/2oayR1K

Further company coverage:

($1 = 6.8875 Chinese yuan renminbi)

(Reporting by Hong Kong newsroom)