The People's Insurance Co (Group) of China Ltd
601319
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
CHNT: +86 1069009192
Sector
Financial Services
Stock type
Cyclical
Industry
Insurance - Property & Casualty
Fiscal Year End
31 December 2026
Employees
179,898
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Morningstar Investment Ideas
Markets
Index | Last price | Change | % Change |
|---|---|---|---|
| All Ordinaries | 9,184.50 | 68.80 | 0.75% |
| CAC 40 | 8,447.27 | 63.26 | 0.75% |
| DAX 40 | 24,910.41 | 16.40 | 0.07% |
| Dow JONES (US) | 51,999.67 | 328.64 | 0.64% |
| FTSE 100 | 10,494.21 | 63.59 | 0.61% |
| HKSE | 24,497.54 | 3.59 | 0.01% |
| NASDAQ | 26,376.34 | 307.60 | -1.15% |
| Nikkei 225 | 69,733.14 | 328.64 | 0.47% |
| NZX 50 Index | 13,402.24 | 23.89 | -0.18% |
| S&P 500 | 7,511.35 | 42.94 | -0.57% |
| S&P/ASX 200 | 8,967.00 | 66.20 | 0.74% |
| SSE Composite Index | 4,089.26 | 2.63 | -0.06% |