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

01339

Company Profile

  • Business description

    With headquarters in Beijing, PICC Group is the largest state-owned insurance group, holding a 69% stake in PICC P&C, an 80% stake in PICC Life, and a 69% stake in PICC Health Insurance. Its P&C subsidiary is the largest nonlife insurer with about one third of market share in China. Life and health insurance subsidiaries hold about 2.9% and 1.3% share, respectively. The Ministry of Finance is the largest shareholder, with 61% share. China's Social Security Fund is the group's second-largest shareholder holding nearly 13% share.

  • Contact

    No. 88, West Chang’an Avenue
    1st-13th Floor, Xi Cheng District
    Beijing 100031
    CHN

    T: +86 1069009192

    http://www.picc.com.cn

  • Sector

    Financial Services

    Stock type

    Cyclical

  • Industry

    Insurance - Property & Casualty

    Fiscal Year End

    31 December 2024

    Employees

    175,881

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Markets

Index
Last price
Change
% Change
All Ordinaries 8,437.20 20.20 0.24%
CAC 40 7,500.26 115.15 -1.51%
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Dow JONES (US) 42,063.36 38.17 0.09%
FTSE 100 8,229.99 98.73 -1.19%
HKSE 18,258.57 245.41 1.36%
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Nikkei 225 37,723.91 568.58 1.53%
NZX 50 Index 12,478.50 186.50 -1.47%
S&P 500 5,702.55 11.09 -0.19%
S&P/ASX 200 8,209.50 17.60 0.21%
SSE Composite Index 2,736.81 0.79 0.03%

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