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March 8, 2014 |
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People's Insurance Company of China Holdings Company is a state-owned company in the People's Republic of China. The holding company promotes it's subsidiaries, PICC Asset Management Company Limited and PICC Property and Casualty Company Limited (PICC P&C). PICC P&C is China's largest insurer of casualty insurance. It is licensed to provide all major lines of insurance except life insurance. PICC P&C was established in 2002 from the former property insurance|property and casualty_insurance|casualty insurance division of the PICC, which, divested of insurance responsibilities, re-organized itself into PICC Holding Company. PICC P&C is the designated agent within the People's Republic of China for most international insurance companies, including Lloyd's of London. PICC has branch offices in London and New York City|New York. PICC is the majority shareholder in PICC (HK) Company Limited, which opened in Hong Kong in 2002. It is listed on the Hong Kong Stock Exchange under the ticker symbol 2328. sehk|2328
bank-stub China-stub Category:Companies of the People's Republic of China This article is licensed under the GNU Free Documentation License. It uses material from the Wikipedia article "PICC".
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