PICC Property and Casualty Co Ltd - Company Profile
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Business Description
PICC Property and Casualty Co Ltd (PICC), a subsidiary of The People's Insurance Company (Group) of China Ltd, is the largest property and casualty insurance company. As of December 31, 2025, PICC held a market share of 31.6% in the property and casualty insurance market in China and reported a combined ratio of 97.5%.
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Business Segments
- Accidental Injury and Health
- Agriculture
- Commercial Property
- Liability
- Motor Vehicle
- Others
- Corporate and Other
Overview
Provides insurance products covering accidental injuries and medical expenses.
Performance
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Overview
Provides insurance products covering agriculture businesses.
Performance
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Overview
Provides insurance products covering commercial properties.
Performance
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Overview
Provides insurance products covering policyholders’ liabilities.
Performance
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Overview
Provides insurance products covering motor vehicles.
Performance
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Overview
Includes insurance products related to credit and surety, cargo, special risks, marine hull, household property, and construction.
Performance
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Overview
Includes income and expenses from reinsurance contracts issued and held, investment activities, and other unallocated income and expenses.
Performance
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Geographical Segments
- Anhui Province
- Fujian Province
- Guangdong Province
- Hebei Province
- Hubei Province
- Hunan Province
- Jiangsu Province
- Other Regions
- Shandong Province
- Sichuan Province
- Zhejiang Province
Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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