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

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
  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