PICC Property and Casualty

PICC Property and Casualty Company Limited
	PICC Group logo
	Former headquarter (until May 2010)
Type	Public
Traded as	SEHK: 2328 (H share only)
ISIN	CNE100000593
Industry	insurance
Predecessor	People's Insurance Company of China's non-life insurance division
Founded	2003
Founder	People's Insurance Company of China
Headquarters	Beijing, China
Area served	China
Key people	Miao Jianmin (chairman)
Services	Property insurance
Owner	PICC (68.98%)
Parent	PICC
Chinese name
Simplified Chinese	中国人民财产保险股份有限公司
Traditional Chinese	中國人民財產保險股份有限公司
Transcriptions
short name
Simplified Chinese	中国财险
Traditional Chinese	中國財險
Transcriptions
alternative short name
Simplified Chinese	人保财险
Traditional Chinese	人保財險
Transcriptions
Website	epicc.com.cn

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.[1]

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.[2]

Equity investments

PICC Property and Casualty acquired 19.99% stake of Hua Xia Bank from Deutsche Bank and other investors in 2015, subject to regulator approval.[3]

PICC Property and Casualty also owned 8.615% stake of sister company PICC Life.[4]

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