PICCP&C People's Insurance Company of China Limited
Domain: www.piccnet.com.cn
Site Name: PICCP&C People's Insurance Company of China Limited
Site Description: PICC P&C, abbreviated as "PICC Property and Casualty Insurance", is the largest non life insurance company in mainland China, established in July 2003 with the consent of the State Council and the approval of the China Insurance Regulatory Commission. Its registered capital is 11141.8 billion yuan. Its predecessor was the People's Insurance Company of China, established on October 20, 1949 with the approval of the Finance and Economics Committee of the State Council of the People's Bank of China. PICC Property and Casualty Insurance is a flagship business under the People's Insurance Corporation of China (PICC), enjoying a prominent reputation in the domestic and international interbank markets. On November 6, 2003, the company was successfully listed on the Hong Kong Stock Exchange, becoming the "first share" of a large state-owned financial enterprise listed overseas in mainland China. With its comprehensive strength, the company has successively become an insurance partner for the Beijing 2008 Olympics and the 2010 Shanghai World Expo, providing comprehensive insurance protection services for the Beijing Olympics and Shanghai World Expo. On June 26, 2008, Moody's, an international authoritative rating agency, awarded the company the highest credit rating of A1 for mainland Chinese enterprises.
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Category: Business and Economics >> Finance/Investment/Insurance
Index date: 2009-12-10 08:58:00
