PICC Property and Casualty

Last updated
PICC Property and Casualty Company Limited
Company typePublic
SEHK:  2328 (H share only)
ISIN CNE100000593  OOjs UI icon edit-ltr-progressive.svg
Industryinsurance
PredecessorPeople's Insurance Company of China's non-life insurance division
Founded2003;21 years ago (2003)
Founder People's Insurance Company of China
Headquarters,
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

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] [5]

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References

  1. PICC Property and Casualty Company Limited
  2. PICC Property and Casualty Co Ltd
  3. Shotter, James (3 November 2016). Written at Frankfurt. "Deutsche Bank's sale of stake in Hua Xia wins approval". Financial Times. London.
  4. http://www.picclife.com/u/cms/picclife/201904/300945524lpw.pdf [ bare URL PDF ]
  5. Property Casualty Insurance Companies