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 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
    CHN

    T: +86 1069009192

    http://www.picc.com.cn

  • Sector

    Financial Services

    Stock type

    Cyclical

  • Industry

    Insurance - Property & Casualty

    Fiscal Year End

    31 December 2025

    Employees

    175,121

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