PICC Property and Casualty Co Ltd - Company Profile
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PICC Property and Casualty Co Ltd (PICC) is a provider of non-life insurance solutions. The company's main activities include offering a range of insurance products and related reinsurance services. Its major products encompass motor vehicle insurance, commercial property insurance, cargo insurance, liability insurance, accidental injury insurance, short-term health insurance, agriculture insurance, credit insurance, and surety insurance. PICC serves a diverse customer base across various industries, providing insurance solutions for motor vehicles, commercial properties, agriculture, and more. The company operates a comprehensive network that spans urban and rural regions throughout China. PICC is headquartered in Beijing, China.
Headquarters
China
Address
Picc Mansion, Building 2, No.2 Courtyard, Jianguomenwai Avenue, Chaoyang District, Beijing, 100022
Website
property.picc.com
Telephone
86 10 63156688
No of Employees
165,656
Industry
Financial Services
Ticker Symbol & Exchange
2328 (HKG)
Revenue (2025)
$73.8B
6.6%
(2025 vs 2024)
EPS
XYZ
Net Income (2025)
XYZ
25.5%
(2025 vs 2024)
Market Cap*
$41.1B
Net Profit Margin (2025)
XYZ
17.8%
(2025 vs 2024)
* As of and is in US$
PICC Property and Casualty Co Ltd premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Motor Insurance | Service: | PICC |
| Vehicle Insurance | Risk Management Solutions | |
| Accident Insurance | ||
| XYZ | ||
| XYZ | ||
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Contracts/Agreements | In December, the company and Munich Re Beijing partnered with Zhibao Technology Inc. to launch a new generation of private medical insurance products in China. |
| 2024 | Contracts/Agreements | In June, the company and Huize Holding entered into a partnership to introduce WarmTreasure No.3. |
| 2022 | Others | In November, the company issued the first domestic CCS or CCUS project carbon asset loss insurance. |
Competitor Comparison
| Key Parameters | PICC Property and Casualty Co Ltd | Ping An Property & Casualty Insurance Company of China Ltd | China Pacific Insurance (Group) Co Ltd | China Taiping Insurance Holdings Co Ltd | Huatai Insurance Group Co Ltd |
|---|---|---|---|---|---|
| Headquarters | China | China | China | Hong Kong | China |
| City | Beijing | Shenzhen | Shanghai | Hong Kong | Beijing |
| State/Province | Beijing | Shenzhen | Shanghai | - | Beijing |
| No. of Employees | 165,656 | - | 91,639 | 61,826 | - |
| Entity Type | Public | Private | Public | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Jin Xin | Chief Risk Officer; Compliance Officer | Senior Management | - | 58 |
| Lv Chen | Vice President | Senior Management | - | 54 |
| Zhang Wei | Assistant to the President, General Manager- Beijing | Senior Management | - | 50 |
| Ding Xiangqun | Chairwoman | Non Executive Board | 2024 | 60 |
| Zhang Daoming | Director; President | Executive Board | 2026 | 50 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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