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 about 2.9% and 1.3% of market share, respectively. 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
175,121
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Markets
Index | Last price | Change | % Change |
|---|---|---|---|
| All Ordinaries | 9,279.30 | 105.10 | 1.15% |
| CAC 40 | 8,131.15 | 11.90 | -0.15% |
| DAX 40 | 24,933.08 | 32.37 | 0.13% |
| Dow JONES (US) | 49,412.40 | 313.69 | 0.64% |
| FTSE 100 | 10,148.85 | 5.41 | 0.05% |
| HKSE | 27,044.86 | 279.34 | 1.04% |
| NASDAQ | 23,601.36 | 100.11 | 0.43% |
| Nikkei 225 | 52,959.62 | 74.37 | 0.14% |
| NZX 50 Index | 13,454.76 | 5.98 | -0.04% |
| S&P 500 | 6,950.23 | 34.62 | 0.50% |
| S&P/ASX 200 | 8,954.20 | 109.10 | 1.23% |
| SSE Composite Index | 4,121.50 | 11.10 | -0.27% |