PICC Property and Casualty Co Ltd logo

PICC Property and Casualty Co Ltd - Class H

FRA:PJC (China)   Class H
€ 1.18 (+1.72%) Apr 18
10.35
P/B:
0.89
Market Cap:
€ 27.26B ($ 29.05B)
Enterprise V:
€ 26.93B ($ 28.69B)
Volume:
-
Avg Vol (2M):
-
Also Trade In:

Business Description

Description
With headquarters in Beijing, PICC P&C is China's largest nonlife insurer, commanding over 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.