PICC Property and Casualty Company Limited (2328.HK)

9.990 +0.170 (+1.73%) At close: 04:08PM HKT

PICC Property and Casualty Company Limited

Tower 2
No. 2 Jianguomenwai Avenue Chaoyang District
Beijing 100022
China
86 10 8517 6084
https://property.picc.com

Sector(s): Financial Services
Industry: Insurance - Property & Casualty
Full-time employees: 164,653

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Ze Yu	President & Executive Vice Chairman	N/A	N/A	1972
Mr. Caishi Jiang Ph.D.	VP & Executive Director	1.71M	N/A	1965
Mr. Daoming Zhang	VP & Executive Director	1.67M	N/A	1977
Mr. Wei Hu	VP & Executive Director	1.15M	N/A	1969
Mr. Dong Shen	Executive VP, Senior Accountant, Financial Officer & Chief Accountant	N/A	N/A	1969
Mr. Yuzhen Zhu	General Manager of Administrative Department	N/A	N/A	N/A
Mr. Xin Jin	Compliance Officer & Chief Risk Officer	N/A	N/A	1968
Mr. Xianguo Feng	Executive Vice President	N/A	N/A	1963
Mr. Jianlin Wu	Executive Vice President	N/A	N/A	1963
Mr. Liduo Shao	President of PICC Health	N/A	N/A	1967

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in HKD.

Description

PICC Property and Casualty Company Limited, together with its subsidiaries, operates as a property and casualty insurance company in the People's Republic of China. It operates through Motor Vehicle, Accidental Injury and Health, Agriculture, Liability, Commercial Property, and Others segments. The company offers accidental injury and medical expenses, short-term health, homeowners, special risk, marine hull, construction, household property, cargo, credit and surety, accidental injury, and other insurance products. It also provides reinsurance, investment and funds application, insurance and claim handling agency, training, information technology and business, and property management services. The company was incorporated in 2003 and is based in Beijing, China. PICC Property and Casualty Company Limited operates as a subsidiary of The People's Insurance Company (Group) of China Limited.

Corporate governance

PICC Property and Casualty Company Limited’s ISS governance QualityScore as of 1 April 2024 is 4. The pillar scores are Audit: 3; Board: 3; Shareholder rights: 5; Compensation: 5.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.