Shenzhen PICC Property & Casualty Company Limited

PICC Property and Casualty Company Limited Shenzhen Branch (hereinafter referred to as "PICC Shenzhen Branch") is a directly affiliated branch of PICC Property and Casualty Company Limited (its parent company, the People's Insurance Company (Group) of China Limited, ranked 141st in the "Fortune Global 500") established in the Shenzhen region. Since its establishment in 1979, PICC Shenzhen Branch has been deeply rooted in Shenzhen, providing insurance services, and is a pioneer and trailblazer in the insurance industry within the Special Economic Zone. The branch employs over 3,000 staff, operates 21 subsidiary branches and 6 loss assessment centres, and its main business lines include motor insurance, property insurance, liability insurance, accident and health insurance, and credit and surety insurance. In 2025, the branch achieved premium income of RMB 13.263 billion, served over 5.15 million customers, provided risk coverage of RMB 108.72 trillion, settled 2.533 million claims throughout the year, and paid out RMB 9.55 billion in claims.