Founded in October 1949, The People's Insurance Company (Group) of China Limited ("PICC") is the pioneer and founder of the insurance industry in the People's Republic of China. Through development of over 70 years, PICC has developed into a comprehensive insurance and financial group. PICC has 11 specialized subsidiaries and member companies, with more than 15,000 branch outlets covering both urban and rural areas across China. Its business spans property insurance, life insurance, reinsurance, asset management, and insurtech. PICC P&C, one of its subsidiares, is Asia's largest and a globally leading property insurance company with outstanding profitability. PICC was listed on the Hong Kong Stock Exchange (H-share code: 1339) in December 2012 and on the Shanghai Stock Exchange (A-share code: 601319) in November 2018. PICC has been listed on the Fortune Global 500 since 2010. It has been honored with awards including "Leading Brand Institution of the Year" "Social Responsibility Unit for Disaster Prevention and Mitigation" and "Outstanding Digital-Intelligent Insurance Company" in 2025.

Guided by its vision of becoming a world-class financial insurance group, PICC has steadily advanced high-quality development. In 2025, PICC achieved total premium income of RMB 738.3 billion, representing a year-on-year increase of 6.5%. The total insured amount reached RMB 3,648 trillion, up 14.9% year-on-year, while claim payouts amounted to RMB 472.9 billion, an increase of 5.4% year-on-year. PICC leads the industry in both insured amounts and claim settlements, thereby fully realizing its role as an economic turbulence absorber and social stabilizer. PICC's total assets exceeded RMB 2 trillion, growing 14.8% year-on-year, while assets under management reached RMB 4.6 trillion, up 25% year-on-year. With overseas Chinese interests business covering 149 countries and regions, PICC fully supports the development of foreign trade and actively serves the Belt and Road Initiative. 

Committed to its mission of "People's Insurance Serving the People," PICC strives to be the leader in protecting public welfare, the forerunner in facilitating social governance, and the main force in serving the real economy within the insurance industry. It aims to build itself into a world-class insurance and financial group with distinctive competencies, efficient operations, core business strengths, modern governance, and international competitiveness. Through high-quality development, PICC is dedicated to serving Chinese modernization.