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SHANGHAI, July 29 (Reuters) - China Pacific Insurance (Group) Co Ltd, part owned by the Carlyle Group, has hired China International Capital Corp (CICC) and three investment banks to arrange its Hong Kong initial public offering, two people with direct knowledge of the situation said on Wednesday.

CICC has been appointed lead underwriter, while Credit Suisse (CSGN.VX: Quote, Profile, Research) UBS (UBS.N: Quote, Profile, Research) and Goldman Sachs (GS.N: Quote, Profile, Research) would also help arrange the share sale, the people said. (US$1=6.832 Yuan)