People's Insurance Company of China Hainan Branch

This is very simple, because the scale of PICC Property and Casualty has reached a secondary institution, so it can become a branch.

PC Life Insurance is a small company. It was established only a few years ago. Its scale at the prefectural and municipal level cannot reach the level of a second-level institution. It can only be a third-level institution, so it can only be called a central company.

The organizational structure of an insurance company:

Head office—branch company—central branch company—branch company—business area (department)

Extended reading: How about insurance Which one is better to buy? I will teach you how to avoid these "pitfalls" of insurance