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PICC Property and Casualty Co Ltd ADR PPCCY

Rating as of

Morningstar’s Analysis

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1-Star Price

PREMIUM

5-Star Price

PREMIUM

Economic Moat

PREMIUM

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Company Profile

Business Description

PICC P&C is China’s largest nonlife insurer, commanding about 33% market share in the country. It was founded by the People’s Bank of China in 1949. The company is a flagship subsidiary of the PICC Group, a state-owned insurance group, which owns 69% of PICC P&C. The company offers a wide range of nonlife insurance products, including auto, commercial property, liability, credit and surety bond, accidents and health, energy and aerospace, and agricultural insurance.

Contact
Tower 2, No. 2 Jianguomenwai Avenue, Chaoyang District
Beijing, 100022, China, People's Republic of
T +86 1085176084
Sector Financial Services
Industry Insurance - Property & Casualty
Most Recent Earnings
Fiscal Year End Dec 31, 2020
Stock Type
Employees 183,022