Introduction
China's PICC Group is a comprehensive insurance (Finance) Company, the registered capital of 30.6 billion yuan RMB Currently owns a PICC, PICC Asset, the PHICC, PAICC and PLICC, people involved with the investment, Wen Hua Holdings, PICC Capital, People's Insurance Company (Hong Kong, in Sheng International, a broker in person, in the metadata broker and PICC properties with over a dozen specialized subsidiaries, PICC Group also owns a Credit 32. 35% of the equity
business includes property insurance, life insurance, health insurance, asset management, insurance brokerage, trust, funds, etc, formed from insurance and financial industry cluster,At home and abroad have far - reaching influence on the business includes property insurance, life insurance, health insurance, asset management, insurance brokerage, trust, funds, etc, formed from insurance and financial industry cluster,At home and abroad have far - reaching influence on the . People's Insurance Company of China has a strong historical foundation and outstanding brand advantage, as the country's oldest insurers, people involved with the Republic's co - existence, choreographed for the Three Gorges Hydro Power Station (LNPS), China's Qinghai - Tibet Railway, the National Center for the Performing Arts is a major national project to provide high quality insurance, for the national economic construction made a positive contribution to the people involved in the 60 years since the founding of the People's Republic, paying attention to the people's livelihood, safeguard the wellbeing of the people, the role of insurance protection functions, from mining, transportation, agriculture, foreign trade economic and other important areas, to guarantee personal relations of the people,Motor vehicle, "" vegetable basket "(the" rice bag "program and the like, and covers all areas of our life as a People's Insurance Company of China has a strong historical foundation and outstanding brand advantage, as the country's oldest insurers, people involved with the Republic's co - existence, choreographed for the Three Gorges Hydro Power Station (LNPS), China's Qinghai - Tibet Railway, the National Center for the Performing Arts is a major national project to provide high quality insurance, for the national economic construction made a positive contribution to the people involved in the 60 years since the founding of the People's Republic, paying attention to the people's livelihood, safeguard the wellbeing of the people, the role of insurance protection functions, from mining, transportation, agriculture, foreign trade economic and other important areas, to guarantee personal relations of the people,Motor vehicle, "" vegetable basket "(the" rice bag "program and the like, and covers all areas of our life as a .
'international standing as the outstanding representative of brand, people involved with the 2008 Beijing Olympics, the only domestic insurance partner of the Shanghai Expo in 2010, the only global insurance partner of 2010 Guangzhou Asian Games and 'international standing as the outstanding representative of brand, people involved with the 2008 Beijing Olympics, the only domestic insurance partner of the Shanghai Expo in 2010, the only global insurance partner of 2010 Guangzhou Asian Games and . insurance partner of the people involved with the good social image and business reputation, be equipped with the abundant comprehensive strength, development in the long history and accumulated rich resources, having the various advantages insurance partner of the people involved with the good social image and business reputation, be equipped with the abundant comprehensive strength, development in the long history and accumulated rich resources, having the various advantages .
dated 6 November 2003,China's PICC Group, a subsidiary of one of the PICC shares in Hong Kong, Chinese mainland financial institutions to be listed overseas" dated 6 November 2003,China's PICC Group, a subsidiary of one of the PICC shares in Hong Kong, Chinese mainland financial institutions to be listed overseas" . 2008 people's insurance premiums exceeded 100 billion CNY, annual insurance premiums become China's first breakthrough in the US on the non - life insurance company 2008 people's insurance premiums exceeded 100 billion CNY, annual insurance premiums become China's first breakthrough in the US on the non - life insurance company .
supernormal development, which account for 32% of the total premium, life assurance non - financial sector increased equity consolidation, plays an outsize role in the insurance business and support development of new sources of profit growth in the important role of supernormal development, which account for 32% of the total premium, life assurance non - financial sector increased equity consolidation, plays an outsize role in the insurance business and support development of new sources of profit growth in the important role of . people involved with the women and children has been built in urban and rural areas, a mature and perfect sales service system,outlets throughout 31 provinces and regions, There are various types of branch branches and over 12,000; people involved with the crew for their familiarity with the senior management and outstanding professionals, in consultation, issuing, underwriting, underwriting, survey and loss assessment, settlement, can give customers a comprehensive and convenient and efficient insurance service; People's Insurance Company of China PICC) adhering to the mission of serving the people, adhere to the people - oriented, harmonious and hardworking enterprise culture withthe people involved with the women and children has been built in urban and rural areas, a mature and perfect sales service system,outlets throughout 31 provinces and regions, There are various types of branch branches and over 12,000; people involved with the crew for their familiarity with the senior management and outstanding professionals, in consultation, issuing, underwriting, underwriting, survey and loss assessment, settlement, can give customers a comprehensive and convenient and efficient insurance service; People's Insurance Company of China PICC) adhering to the mission of serving the people, adhere to the people - oriented, harmonious and hardworking enterprise culture withthe .
60 years - long, 60 years are devoted to the guardian 60 years - long, 60 years are devoted to the guardian . backbone state - owned financial enterprises, the people involved actively in that fulfilment of economic, social stability,the duties of serving the people, born with a sense of social responsibility backbone state - owned financial enterprises, the people involved actively in that fulfilment of economic, social stability,the duties of serving the people, born with a sense of social responsibility .
in 2008, facing the continuous occurrence of the disaster, the Chinese security force behind claims, emergency rescue, earthquake, snow, and reparations paid a total of 53 billion yuan, and that any amount in the industry - wide disaster compensation of more than 60% in 2008, facing the continuous occurrence of the disaster, the Chinese security force behind claims, emergency rescue, earthquake, snow, and reparations paid a total of 53 billion yuan, and that any amount in the industry - wide disaster compensation of more than 60% . "since the Tenth People's Insurance Company of China accumulated claims spending nearly 300 billion yuan in 2008 to assume insurance liability sum 99. 7 trillion yuan, is the country's gross domestic product - -
3 times in Splendid China, PICC 3 times in Splendid China, PICC . counterparts at a new historical starting point, that the insurer will thoroughly implement the Scientific Outlook on Development,to consolidate and accelerate the development of tradition is the foundation for the development of life insurance business to revitalize the countermeasure to improve the development of assets management, capital operation etc is across the way, in the wake of the 11 (superscript th) Five - Year Plan "to achieve the new entrepreneurship and the development by leaps and bounds, as a first - class international financial insurance and lay a solid foundation for the modern large - scale, as well as the improvement of the people involved with the services of the construction of the harmonious society's ability to build a moderately prosperous society in all respects and make greater contributions to counterparts at a new historical starting point, that the insurer will thoroughly implement the Scientific Outlook on Development,to consolidate and accelerate the development of tradition is the foundation for the development of life insurance business to revitalize the countermeasure to improve the development of assets management, capital operation etc is across the way, in the wake of the 11 (superscript th) Five - Year Plan "to achieve the new entrepreneurship and the development by leaps and bounds, as a first - class international financial insurance and lay a solid foundation for the modern large - scale, as well as the improvement of the people involved with the services of the construction of the harmonious society's ability to build a moderately prosperous society in all respects and make greater contributions to .
1 1.
Historical Review
On October 20, 1949, PICC was founded in Beijing in 1949 as On October 20, 1949, PICC was founded in Beijing in 1949 as . FIG. 9 is a month to prepare the establishment of The People's Insurance Company of China, convened the first national insurance work conference representatives
in 1958, the eve of closing down domestic insurance operation, the PICC all employees in the company building, standing in front of their 1979 in 1958, the eve of closing down domestic insurance operation, the PICC all employees in the company building, standing in front of their 1979 . on 19 November, the national insurance work conference held in Beijing, The People's Insurance Company of China resumed the on 19 November, the national insurance work conference held in Beijing, The People's Insurance Company of China resumed the .
sign in Shanghai, the State Council decided to resume domestic insurance business of sign in Shanghai, the State Council decided to resume domestic insurance business of . rostrum of the General Assembly on 23 July 1996,The People's Insurance Company of China Group (PICC), the name was changed to China), also has property insurance, life insurance, reinsurance, three specialized subsidiaries of the corporate group rostrum of the General Assembly on 23 July 1996,The People's Insurance Company of China Group (PICC), the name was changed to China), also has property insurance, life insurance, reinsurance, three specialized subsidiaries of the corporate group .
FIG. held in Beijing in the inaugural on 23 July 1996, PICC was renamed the China PICC (Group) Company, consisting of property insurance, life insurance, reinsurance, three specialized subsidiaries of the corporate group on 23 July 1996, PICC was renamed the China PICC (Group) Company, consisting of property insurance, life insurance, reinsurance, three specialized subsidiaries of the corporate group .
FIG. held in Beijing in the inaugural on 18 January 1999, with the approval of the State Council, the Picc property insurce company limited formal heir insurance brand, renamed the PICC on 18 January 1999, with the approval of the State Council, the Picc property insurce company limited formal heir insurance brand, renamed the PICC .
1 - 22,The People's Insurance Company of China in Beijing hosted the first national work conference 1 - 22,The People's Insurance Company of China in Beijing hosted the first national work conference . in July 2003, PICC is restructured and PICC Property and Casualty Company, jointly established by China Property and Casualty Company Limited and PICC Asset Management Co., Ltd. is three companies
Celebration Celebration . inaugurated in February 2007, the People's Insurance Company of China, standing at a new starting point, and further clarified in the Eleventh Five - Year period to realize the people involved with the new entrepreneurship and the development by leaps and bounds, people involved with the large modern financial protection and development of the strategic purpose of PICC, PICC reconstituted glory,To construct socialist harmonious society and make more contributions to the inaugurated in February 2007, the People's Insurance Company of China, standing at a new starting point, and further clarified in the Eleventh Five - Year period to realize the people involved with the new entrepreneurship and the development by leaps and bounds, people involved with the large modern financial protection and development of the strategic purpose of PICC, PICC reconstituted glory,To construct socialist harmonious society and make more contributions to the .
3 3.
PICC Investment Holding Co, Ltd
PICC Investment Holding Company Limited (PICC Investment Holding Co., Ltd., hereinafter referred to as PICC vote control) is granted by the Ministry of Finance, China Insurance Regulatory Commission approved, in August 2007 by PICC at the establishment of a wholly owned investment company, China's PICC Group's non - insurance financial management platform in the past two years, people involved with the investment control relying on the people involved with the strong brand and resource advantages, realize rapid expansion in the in the past two years, people involved with the investment control relying on the people involved with the strong brand and resource advantages, realize rapid expansion in the .
With Company on Market Implementation of establish,professional investment and risk control of advanced management techniques and methods of use and the development of strategic opportunity to grasp the ability to upgrade, the company will develop the self - operated business and entrusted with the coordination of development and investment company With Company on Market Implementation of establish,professional investment and risk control of advanced management techniques and methods of use and the development of strategic opportunity to grasp the ability to upgrade, the company will develop the self - operated business and entrusted with the coordination of development and investment company . We will adhere to scientific development, innovation and investment and asset management, enterprising, hard business, customers, society, employees and shareholders to create value, so as to become a distinctive, advanced management, first - class boxing of the goodwill of the enterprise investment We will adhere to scientific development, innovation and investment and asset management, enterprising, hard business, customers, society, employees and shareholders to create value, so as to become a distinctive, advanced management, first - class boxing of the goodwill of the enterprise investment .
main business areas: Industrial, a real estate investment; asset management; property management; automobile, computer and communication equipment, rental of premises;enterprise management consulting, financial advisory, investment advisory, legal affairs consulting main business areas: Industrial, a real estate investment; asset management; property management; automobile, computer and communication equipment, rental of premises;enterprise management consulting, financial advisory, investment advisory, legal affairs consulting .
