 PICC Group logo | |||
 Former headquarter (until May 2010) | |||
| Type | Public | ||
|---|---|---|---|
| SEHK: 2328 (H share only) | |||
| ISIN | CNE100000593  | ||
| Industry | insurance | ||
| Predecessor | People's Insurance Company of China's non-life insurance division | ||
| Founded | 2003 | ||
| Founder | People's Insurance Company of China | ||
| Headquarters | , China | ||
Area served | China | ||
Key people | Miao Jianmin (chairman) | ||
| Services | Property insurance | ||
| Owner | PICC (68.98%) | ||
| Parent | PICC | ||
| Chinese name | |||
| Simplified Chinese | 中国人民财产保险股份有限公司 | ||
| Traditional Chinese | 中國人民財產保險股份有限公司 | ||
| |||
| short name | |||
| Simplified Chinese | 中国财险 | ||
| Traditional Chinese | 中國財險 | ||
| |||
| alternative short name | |||
| Simplified Chinese | 人保财险 | ||
| Traditional Chinese | 人保財險 | ||
| |||
| Website | epicc | ||
PICC Property and Casualty Company Limited (PICC P&C) is the largest non-life insurance company in mainland China incorporated in 2003. It was one of the three main subsidiaries of the People's Insurance Company of China.[1]
PICC P&C is principally engaged in the provision of property and casualty insurance products. It operates its insurance business through motor vehicle, commercial property, cargo, liability, accidental injury and health, agriculture, homeowners and credit.[2]
History
Equity investments
PICC Property and Casualty acquired 19.99% stake of Hua Xia Bank from Deutsche Bank and other investors in 2015, subject to regulator approval.[3]
PICC Property and Casualty also owned 8.615% stake of sister company PICC Life.[4][5]
References
- ↑ PICC Property and Casualty Company Limited
- ↑ PICC Property and Casualty Co Ltd
- ↑ Shotter, James (3 November 2016). Written at Frankfurt. "Deutsche Bank's sale of stake in Hua Xia wins approval". Financial Times. London.
- ↑ http://www.picclife.com/u/cms/picclife/201904/300945524lpw.pdf
- ↑ Property Casualty Insurance Companies
External links
- Official website (in Chinese)
- English front page of the official website (in English)
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