PICC Property and Casualty Co Ltd
02328
Company Profile
Business description
With headquarters in Beijing, PICC P&C is China’s largest nonlife insurer, commanding nearly 33% market share in the country. It was founded by the People’s Bank of China in 1949. The company is a flagship subsidiary of the PICC Group, a state-owned insurance group, which owns 69% of PICC P&C. The company offers a wide range of nonlife insurance products, including auto, commercial property, liability, credit and surety bond, accidents and health, energy and aerospace, and agricultural insurance.
Contact
Tower 2, No. 2 Jianguomenwai Avenue
Chaoyang District
Beijing100022
CHNT: +86 1085176084
Sector
Financial Services
Stock type
Cyclical
Industry
Insurance - Property & Casualty
Fiscal Year End
31 December 2024
Employees
162,180
Morningstar Investment Ideas
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