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PICC Reinsurance Company Limited
Beijing, China

This is a Subsidiary, click here for the Parent Company

Business Summary
PICC Reinsurance Company Limited ("PICC Re") is a start-up that is 51%-owned by The People's Insurance Co (Group) of China Ltd ("PICC Group") and 49%-owned by PICC Property and Casualty Company Limited, the largest P&C insurer by premiums in China. PICC Group is majority-owned by the Chinese government through the Ministry of Finance and the Social Security Fund. PICC Re is a start-up reinsurance company that started its operations on February 23, 2017 and provides property, casualty, accident and short-term health, as well as life reinsurance. It was established with a registered capital of RMB1 billion.

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Monday, April 8, 2024