PICC
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People's Insurance Company of China

Company namePICC Property and Casualty Company
中国人民财产保险股份
Company typeState-owned enterprise
IndustryProperty insurance
Founded2003
HeadquartersChina Beijing
Area servedPeople's Republic of China
Key peopleChairman: Mr. Wu Yan
ParentPeople's Insurance Company of China Group

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People's Insurance Company of China Holdings Company (中国人保控股公司) is a state-owned company in the People's Republic of China. The holding company promotes its subsidiaries, PICC Asset Management Company Limited and PICC Property and Casualty Company Limited (PICC P&C) (中国人民财产保险股份有限公司).

PICC P&C is China's largest insurer of casualty insurance. It is licensed to provide all major lines of insurance except life insurance. PICC P&C was established in 2002 from the former property and casualty insurance division of the PICC, which, divested of insurance responsibilities, re-organized itself into PICC Holding Company.

PICC P&C is the designated agent within the People's Republic of China for most international insurance companies, including Lloyd's of London. PICC has branch offices in London and New York.

PICC is the majority shareholder in PICC (HK) Company Limited, which opened in Hong Kong in 2002. It is listed on the Hong Kong Stock Exchange under the ticker symbol 2328. Sehk - 2328

In 2005, PICC announced a joint venture with Sumitomo Life Insurance Co. (住友生命保険相互会社) called PICC Life Insurance Co. (中国人保寿险有限公司). The new company will sell insurance products, including savings-oriented endowment insurance policies.

Through direct and indirect holdings, 19.8% of PICC's stock is owned by American International Group (AIG).


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China Life, PICC employees found guilty of $455m fraud - China Economic Review Tweet this news
China Economic Review--HK) and -PICC- (2328.HK) were found guilty of "financial misconduct" involving more than US$455 million in 2009, state media reported. ... - Date : Tue, 01 Feb 2011 05:17:35 GMT+00:00
DENR, CHED host International Conference on Biodiversity and Climate Change at ... - Manila Bulletin Tweet this news
Manila Bulletin---...- International Conference on Biodiversity and Climate Change slated at the Philippine International Convention Center (-PICC-) in Pasay City on Feb. 1-3. ... - Date : Mon, 31 Jan 2011 20:10:54 GMT+00:00
China's largest insurers guilty of three billion yuan fraud - Economic Times Tweet this news
Economic Times---...- of all subsidiaries and branches of China Life Insurance ( Group )) Company (China Life) and People's Insurance Company (Group) of China Ltd ( -PICC- )). ... - Date : Thu, 03 Feb 2011 05:36:14 GMT+00:00
Roger Hungerford Joins Board of Access Scientific - Business Wire (press release) Tweet this news
Business Wire (press release)--The company's -PICC- WAND® (4 Fr, 5 Fr and 6 Fr) is currently being distributed by Teleflex Medical. The device enables clinicians to insert a peelable sheath ... - Date : Tue, 01 Feb 2011 13:01:50 GMT+00:00
Wuhan Maritime Court considers carrier's liability - International Law Office Tweet this news
International Law Office--In February 2002 -PICC- Wuxi Branch issued two insurance policies against all risks and war risks for a batch of cocoa beans imported by Zhongqing Commodity ... - Date : Tue, 01 Feb 2011 15:28:07 GMT+00:00
PROFIBUS International Competence Centre (PICC) By Tyco Flow Control Pacific - Ferret Tweet this news
Ferret--By Tyco Flow Control Pacific - Profibus International Competence Centre The Australian -PICC- plays a major role in supporting and promoting PROFIBUS ... - Date : Thu, 27 Jan 2011 22:14:27 GMT+00:00
Billings woman continues to wait for heart transplant - Billings Gazette Tweet this news
Billings Gazette--She had a -picc- line, essentially a semi-permanent IV, inserted in her arm and has to carry around a fanny pack filled with medication 24 hours a day, ... - Date : Wed, 02 Feb 2011 07:32:32 GMT+00:00
PROFIBUS International Competence Centre (PICC) By Tyco Flow Control Pacific - Ferret Tweet this news
Ferret--By Tyco Flow Control Pacific - Bayard The Australian -PICC- plays a major role in supporting and promoting PROFIBUS technology to Manufacturing and Process ... - Date : Thu, 27 Jan 2011 04:53:39 GMT+00:00
China's PICC Group plans to list within 5 yrs - Reuters Tweet this news
Reuters--SHANGHAI Jan 20 (Reuters) - China's -PICC- Group, the country's top non-life insurer, plans to list within five years and double the group's revenue in that ... - Date : Thu, 20 Jan 2011 00:57:49 GMT+00:00
PICC P&C Says Profit Doubled Last Year on Expenses, Insurance Claims Cuts - Bloomberg Tweet this news
Bloomberg--By Bloomberg News - Wed Jan 19 01:55:15 GMT 2011 -PICC- Property & Casualty Co., China's biggest non-life insurer, said profit more than doubled last year to ... - Date : Wed, 19 Jan 2011 02:12:55 GMT+00:00

China-based financial stocks in Hong Kong

BanksICBC * BOC * CCB * BoCom * CMB * CITIC
InsurersChina Life * Ping An * PICC

HK Hang Seng China Enterprises Index companies of Hong Kong

Tsingtao Brewery * Angang Steel * Jiangxi Copper * Sinopec * China Railway Engineering * Dongfeng Motor Group * China Telecom * Air China * ZTE * Petrochina * Huaneng Power * Anhui Conch Cement * Longyuan Power * China Construction Bank * Datang Power * China CITIC Bank * China Shenhua * Sinopharm Group * China Shipping Development * Yanzhou Coal * China Railway Construction * BYD Company * Industrial and Commercial Bank of China * China Metallrugical * China Communications Construction * China Coal Energy * Minsheng Bank * China COSCO * Ping An Insurance * PICC Property and Casualty Company * Aluminium Corporation of China * China Pacific Insurance * China Life Insurance * R&F Properties * China Oilfield Services * Zijin Mining * China National Building Material * Bank of Communications * China Merchants Bank * Bank of China *

American International Group

Board of DirectorsRobert B. Willumstad - Stephen F. Bollenback - Marshall A. Cohen � Martin S. Feldstein � Ellen V. Futter - Richard C. Holbrooke - George L. Miles - Morris W. Offit - Michael H. Sutton - Frank G. Zarb - Stephen L. Hammerman - Fred H. Langhammer - Virginia M. Rometty - James F. Orr, III - Edmund S.W. Tse
PeopleCornelius Vander Starr - Maurice R. Greenberg - Martin J. Sullivan - Edward M. Liddy - Joseph Cassano - Robert Benmosche - Harvey Golub
InsuranceAIG American General - VALIC - Chartis - ALICO - American International Assurance - People's Insurance Company of China - AIG Korea Insurance
BuildingsAmerican International Building - AIA Central - American General Center - No.1 Croydon |Aerospace |International Lease Finance Corporation |Financial Services |AIG Financial Products - AIG Advisor Group - American General Finance
AerospaceInternational Lease Finance Corporation
Financial ServicesAIG Financial Products - AIG Advisor Group - American General Finance



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