The People's Insurance Company of China (Hong Kong), Ltd. (hereafter “PICC HK”) is an overseas subsidiary of the People’s Insurance Company (Group) of China Limited (hereafter “PICC Group”) which is a global integrated financial group, ranked No. 117 in the world’s Fortune 500 in 2018 and topping the insurance companies worldwide.
To advance and implement development strategies in the international insurance market, PICC Group managed to acquire Guangdong Asia Insurance Company Limited in November 2002, and therefore established the People's Insurance Company of China (Hong Kong), Ltd., which became the first overseas subsidiary set up by PICC Group.
Alongside the development of PICC Group, PICC HK has established a stable and comprehensive service network with its own features for both domestic and overseas business, in its close cooperation with insurance companies, risk assessment companies and loss adjusting companies in 169 countries and regions, dedicating to offering its clients worldwide with professional insurance solutions for various types of risks. In recent years, PICC HK has proactively provided its service under the Belt and Road Initiative, and has successively participated in landmark projects including Hong Kong-Zhuhai-Macao Bridge, Nam Ou River Hydropower Plants in Laos, Kamchay Hydropower Plants in Cambodia, etc. We serve renowned enterprises such as China Communication Construction Group, China COSCO Shipping Corporation Limited, Power Construction Corporation of China, China Petrochemical Corporation, China General Nuclear Power Corporation and the like, with rich underwriting experience in large-scale insurance programs.
As PICC Group’s outreaching platform for Southeast Asia, PICC HK, in its march towards the future, will always stick to promoting progress while ensuring stability as its management and development principle, and take earnest action in carrying out the 13th Five-year Plan and internationalization strategies of PICC Group. We aim to promote PICC HK as an optimum medium-scale company in respect of direct business, a specialized company in respect of reinsurance business and a distinctive company in respect of international business. PICC HK will exploit its advantages in talents, technologies, service, management and reputation with innovative concepts and gesture, safeguard your success with “World-class Insurance Capacity” as well as “Service with Chinese Characteristics”.
It is our sincere hope to cooperate with you, with one heart and one mind, to create a brilliant future together!