Are PICC and PICC an insurance company?

PICC and PICC are not an insurance company, but they belong to the same group, and PICC comes from PICC.

1, mediator

China Life Insurance (Group) Company, headquartered in Beijing, is one of the top 500 enterprises in the world. The company's predecessor was the former China People's Insurance Company, which was established in 1949. In 1996, it was divided into PICC Life Insurance Co., Ltd., and changed its name to China Life Insurance Company in 1999.

2.PICC

1949101On October 20th, China People's Insurance Company was established in Beijing with the approval of People's Republic of China (PRC) and the State Council. With the decision of the State Council and the approval of China People's Bank, China People's Insurance Company was reorganized into China People's Insurance (Group) Company in August, 1996, and three insurance subsidiaries were established in Chinese mainland.

3. 1998 10 According to the reply of the State Council, China People's Insurance (Group) Company was further reorganized, and PICC Property Insurance Co., Ltd. became a first-class legal person, inheriting the brand of China People's Insurance Company and the name of China People's Insurance Company.

China People's Insurance Group Co., Ltd. (hereinafter referred to as PICC China) is a comprehensive insurance (financial) company, one of the top 500 companies in the world, and one of the largest insurance companies in the world at present, with a registered capital of 30.6 billion yuan, which is a very powerful company in the global insurance industry.

As of 20 13, it owns more than ten professional subsidiaries such as PICC P&C Insurance, PICC Assets, PICC Health, PICC Life Insurance, PICC Investment, Wenhua Holdings, PICC Capital, PICC Hong Kong, Zhongsheng International, Huaxia Broker, Zhongyuan Broker and PICC Property Insurance. The business scope covers property insurance, life insurance, health insurance, asset management, insurance brokerage, trust, fund and other fields.

Source:? China People's Property Insurance Company Limited? Baidu baike

China People's Insurance Group Limited? Baidu baike