6 Followers HKEX:2328 - PICC Property and Casualty Co Ltd PICC Property and Casualty Co
Sector: Financials, Industry: Property & Casualty Insurance
Next Earnings: 26 Oct 2021
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HKD 7.03    -0.090 (-1.26%)
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20 Sep 2021


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General

CEO: Mr. Caishi Jiang Ph.D.

Headquarters: HK

Employees: 175,597

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Description

PICC P&C is China’s largest nonlife insurer, commanding about 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.