PICC Property and Casualty

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.

1. History and Reputation: PICC Property and Casualty is a leading property and casualty insurance company in China, with a history dating back over 70 years. With a strong financial standing and solid reputation, it is one of the most trusted insurance brands in the country.
2. Extensive Product Range: The company offers a wide range of insurance products and services, including property, liability, marine, motor, and other specialty insurance covers, catering to the needs of both individuals and businesses.
3. Strong Market Presence: PICC Property and Casualty has a dominant market presence in China, with a large network of branches and sales outlets spread across the country. It has a strong customer base and a significant market share in the Chinese insurance industry.
4. State-owned Enterprise: The company is a subsidiary of China's state-owned enterprise, People's Insurance Company of China (PICC). This ensures financial stability and government support, giving customers confidence in the company's ability to honor claims and fulfill its obligations.
5. Strong Financial Performance: In recent years, PICC Property and Casualty has demonstrated strong financial performance, with consistently high profits and a sound capital position. This reflects the company's stable and sustainable business model.
6. Technological Advancements: The company has been at the forefront of adopting new technologies and digital innovation in the insurance industry. It has invested heavily in its online and mobile platforms, allowing customers to easily purchase and manage their insurance policies.
7. Focus on Customer Service: PICC Property and Casualty puts a strong emphasis on providing excellent customer service. It has won numerous awards and accolades for its customer-centric approach, making it a preferred choice among insurance buyers.
8. Corporate Social Responsibility: The company is committed to being a responsible corporate citizen, and it actively participates in various charitable and community development initiatives. This reinforces its positive image and strengthens its relationship with customers.