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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Markets
Index | Last price | Change | % Change |
|---|---|---|---|
| All Ordinaries | 9,040.50 | 12.90 | 0.14% |
| CAC 40 | 8,372.28 | 0.00 | 0.00% |
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| FTSE 100 | 10,736.23 | 97.06 | 0.91% |
| HKSE | 25,143.55 | 180.32 | 0.72% |
| NASDAQ | 24,975.82 | 161.87 | -0.64% |
| Nikkei 225 | 64,764.01 | 152.86 | 0.24% |
| NZX 50 Index | 13,807.31 | 35.02 | 0.25% |
| S&P 500 | 7,411.98 | 3.68 | 0.05% |
| S&P/ASX 200 | 8,870.50 | 12.60 | 0.14% |
| SSE Composite Index | 3,826.70 | 12.50 | 0.33% |