Overview
The People’s Insurance Company (Group) of China provides non-life insurance, mainly through PICC Property and Casualty, as well as life and health insurance and asset management.[2] Fortune records 2025 revenue of US$93.1bn, up 7.7%, and profit of US$6,429m.[1] It reports 179,898 employees.[1]
PICC strengths and limitations
Strengths
- Large non-life franchise in China
- Profit of US$6,429m
Limitations
- Concentrated in China
- Large workforce relative to revenue
Appears in
PICC peers and competitors
Companies ranked in the same lists as PICC.
- Berkshire Hathaway
Munich Re
Talanx AG- Tokio Marine Holdings
- Chubb
- China Pacific Insurance
- Prudential Financial
- Nationwide
- Generali
- Allstate
- Zurich Insurance Group
New York Life
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