Is China People's Property Insurance Company the same as China People's Insurance Company?

No, China People's Property Insurance Company is a subsidiary of China People's Insurance Company.

People's Insurance Company of China (PICC P & amp； C, abbreviated as "China PICC", was established by People's Insurance Company of China with the approval of the State Council and China Insurance Regulatory Commission in July 2003, with a registered capital of 65.438+02.25598 billion yuan. Its predecessor was China People's Insurance Company, which was approved by the People's Bank of China and reported to the State Council Finance and Economics Committee on120. Fortune 500 companies.

China People's Insurance Group Co., Ltd. (PICC or PICC for short) was established on 1949. 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. It belongs to a central financial enterprise. 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.

Extended data

Product advantages of China People's Property Insurance Company;

China PICC P&C Insurance Co., Ltd. is the first non-life insurance company in China to introduce actuarial technology to develop products. The company has a complete product development system, strong product development capability and complete products for sale, covering motor vehicle insurance, property insurance, ship cargo insurance, liability credit insurance, accident health insurance, energy and aerospace insurance, rural insurance and other non-life insurance business fields, and has a number of industry-leading innovative products.

In particular, a series of exclusive insurance products with China characteristics and independent intellectual property rights were developed for the 2008 Beijing Olympic Games and the 20 10 Shanghai World Expo. By 2008, the company had more than 2,500 insurance products. At present, the company develops and promotes 1 new products every day on average.

Baidu Encyclopedia-China People's Property Insurance Company