Established in October 1949, The People’s Insurance Company (Group) of China Limited (abbreviated as “PICC Group”) is the first nation-wide insurance company in the PRC. Through development in the past 74 years, PICC Group has now become a leading comprehensive insurance and financial group with over 10 subsidiaries. The business scope of PICC Group includes non-life insurance, life insurance, reinsurance, asset management, real estate investment, alternative investment and fin-tech. In 2023, PICC Group ranked 120th in Fortune Global 500 List.