PICC Property and Casualty Company Limited

Company description:

PICC P & C is a flagship subsidiary of the PICC Group, a Fortune 500 company. On November 6, 2003, the Company successfully launched its IPO in Hong Kong, becoming the first large Chinese state-owned financial enterprise to go public overseas. Supported by its comprehensive strength, PICC P & C standed as the official insurance partner of the Beijing 2008 Olympic Games and Shanghai 2010 World Expo, providing all-around insurance service for the two great events. In 2008, its premium income exceeded RMB 100 billion, which was the first property insurance company to achieve so in the country and placed it among the top 10 property insurance companies in the world. In 2012, the Company collected more than RMB 190 billion of premium. It has a steady ranking of No. 1 in Asia, and the 2nd place among the single-branded property insurance companies in the world.