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Overview
PICC Property and Casualty Company Limited (PICC P&C) is a leading property and casualty insurance company in China and a key player in the global insurance market. It was established in 1949 and was one of the first insurance companies to be founded in the People's Republic of China. PICC P&C offers a wide range of property and casualty insurance products and services, including property, liability, casualty, credit, marine, and motor insurance. It also provides reinsurance services and offers risk management and consulting services to its clients. The company has a strong presence in China, with over 2,600 branches and offices across the country. It also has a growing international presence, with operations in over 60 countries and regions. PICC P&C is listed on the Shanghai Stock Exchange and the Hong Kong Stock Exchange, and is a constituent of the Hang Seng China-Affiliated Corporations Index. As of 2020, PICC P&C has a market capitalization of approximately US $28 billion and is ranked as the 7th largest property and casualty insurer in the world by market share. The company is committed to providing high-quality insurance products and services to its customers and has received numerous awards and recognitions for its strong financial performance and exceptional customer service. In addition to its insurance business, PICC P&C also actively engages in corporate social responsibility initiatives, including disaster relief, poverty alleviation, and environmental protection projects.
What is special about the company?
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