PICC
Established in 1949, The People's Insurance Co. (Group) of China Ltd. is a holding company principally engaged in the provision of insurance products. Along with subsidiaries, the company is mainly engaged in property insurance, health insurance, life insurance, reinsurance, Hong Kong insurance, pension insurance and operating insurance business. It is listed on the Hong Kong Stock Exchange. During the assessed period the reported number of employees was 175881 and total assets corresponding to USD 219.7 billion were reported.
Leading practices
No leading practices identified for the financial institution.
Risks and opportunities
No relevant disclosure was found for this financial institution for any of the five measurement areas, including Strategy, governance and stewardship; Financing Climate and Nature protection and restoration; Environmental footprints; Inclusive finance and Responsible business conduct. Hence, the financial institution ranks at the bottom of the Financial System Benchmark. Being behind many of its peers in terms of overall disclosure, it is recommended that the financial institution uses this benchmark as a guide to disclose more on its sustainability practices and performance across measurement areas with regards to its provision of products, capital and services, as well as considering its own operation and supply chain.
Disclaimer
This scorecard refers to information in English which was publicly available by July 15 2024. AuM and Total assets are stated in USD for comparability and have been calculated based on reported local currency values multiplied by applicable IMF currency converter values.
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More about the company
- Headquarters
- China
- Ownership structure
- Publicly listed
- Results 2024
- Total assets: USD 219.7 billion; AuM USD 149.8 billion
- Number of employees
- 175881
- Website
- https://www.picc.com
