The People's Insurance Co (Group) of China Ltd

Company Profile

• Business description

  PICC Group, headquartered in Beijing, is the largest state-owned insurance group in China. It holds a 69% stake in PICC Property and Casualty, an 80% stake in PICC Life, and a 69% stake in PICC Health Insurance. The P&C subsidiary is the largest nonlife insurer in the country, with approximately one-third of market share. The life insurance and health insurance subsidiaries hold less than 5% market share. The Ministry of Finance is the largest shareholder with a 61% stake, while China's Social Security Fund is the second-largest shareholder, holding nearly 13%.

• Contact

  No. 88, West Chang’an Avenue
  1st-13th Floor, Xi Cheng District
  Beijing100031
  CHN

  T: +86 1069009192

  https://www.picc.com.cn

• Sector

  Financial Services

  Stock type

  Cyclical

• Industry

  Insurance - Property & Casualty

  Fiscal Year End

  31 December 2026

  Employees

  175,121