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People's Insurance Company of China

The People's Insurance Company (Group) of China Limited
People's Insurance Company of China
FormerlyPICC Holding Company
Company typeState-owned enterprise
ISIN
Industryinsurance
Founded1949
FounderChinese Government
HeadquartersChina People's Insurance Building,
Beijing
,
China
Area served
Mainland China, Hong Kong, etc.
Serviceslife and non-life insurance
RevenueIncrease RMB499 billion (2018)
Decrease RMB13 billion (2018)
Total assetsIncrease RMB1032 billion (2018)
Total equityIncrease RMB153 billion (2018)
OwnerMinistry of Finance (67.60%)
ParentMinistry of Finance
Subsidiaries
PICC Asset Management(100.00%)
PICC Capital Investment Management(100.00%)
PICC Life(71.077%)
PICC Property and Casualty(68.98%)
Chinese name
Simplified Chinese中国人民保险集团股份有限公司
Traditional Chinese中國人民保險集團股份有限公司
Hanyu PinyinZhōngguó rénmíng bǎoxiǎn jítuán gǔfèn yǒuxiàn gōngsī
Transcriptions
Standard Mandarin
Hanyu PinyinZhōngguó rénmíng bǎoxiǎn jítuán gǔfèn yǒuxiàn gōngsī
Websitepicc.com
Footnotes / references
In consolidated financial statement. Financial reports prepared in IFRS. Net income and equity excluded minority interest[1]

The People's Insurance Company (Group) of China Limited, known as PICC Group or just PICC, is a Chinese listed insurer. The Chinese Central Government is the controlling shareholder.

The group contains the major subsidiaries: PICC Asset Management, PICC Life as well as PICC Property and Casualty (PICC P&C). The latter also listed on the stock exchange.

  1. ^ Cite error: The named reference PICC2018AR was invoked but never defined (see the help page).

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