PICC Property and Casualty
Chinese listed insurer
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.
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.
History
The People's Insurance Company of China (PICC) was established in 1949 and later renamed the People's Insurance Group of China. In July 2003, the People's Insurance Group founded the People's Property & Casualty Insurance Company of China (PICC P&C), with a registered capital of 12.25598 billion yuan. The company, registered in the People's Republic of China, inherited all the commercial assets, liabilities, and branches of the original People's Insurance Company of China, operating all insurance businesses except life insurance.
On November 6, 2003, PICC P&C was listed on the Hong Kong Stock Exchange. It is currently the largest non-life insurance company in mainland China, offering a variety of property insurance products to customers across different sectors. It is also one of the "Eight Banks and Five Insurances" among Hong Kong's Chinese-funded financial stocks.
Begin with the source’s own compact description: “PICC Property and Casualty” is chinese listed insurer. The dossier treats that line as a proposition to test through PICC, Property and Casualty, not as a finished interpretation.
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Vocabulary and entity names are the principal evidence signals here, because they determine the precision of every later search. The source revision retrieved here is dated Jun 16, 2026. The linked authority identifier is Q80556618. None of the 3 selected statements returned an explicit reference. The first chronological checks are 2003 and 1949.
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This entry incorporates text from “PICC Property and Casualty” on English Wikipedia. Contributors are listed in the page history. Text is available under the Creative Commons Attribution-ShareAlike 4.0 License. Selected authority identifiers and statements are retrieved from Wikidata under CC0; their references and qualifiers remain part of the verification path.