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https://www.picc.com

People´s Insurance Company Group of China Ltd.
China People's Insurance Building
88 West Chang'an Street,
100031 Xicheng District, Beijing
Tel: ‎ +86 -10-69008888

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Subsidiaries

year 2018

General information of subsidiaries

Particulars of the principal subsidiaries as of 31 December 2018 and 2017 are set out below:

Name	Place of incorporation/ registration	Paid up/ registered share capital	Proportion of shareholders' interest and voting rights				Pricipal activities/ place of opreration
			31 December 2018		31 December 2017
			Direct	Indirect	Indirect	Indirect
PICC Property and Casualty Limited (“PICC P&C”)	Beijing, PRC	RMB22,242,765,303*	68.98%	-	68.98%	-	Non-life insurance, PRC
PICC Asset Management Company Limited (“PICC AMC”)	Shanghai, PRC	RMB1,298,000,000	100.00%	-	100.00%	-	Investment management of insurance companies, PRC
PICC Capital Investment Management Company Limited (“PICC Capital”)	Tianjin, PRC	RMB200,000,000	100.00%	-	100.00%	-	Investment management, PRC
PICC Health Insurance Company Limited (“PICC Health”)	Beijing, PRC	RMB8,568,414,737	69.32%	26.13%	69.32%	26.13%	Health insurance, PRC
PICC Life Insurance Company Limited (“PICC Life”)	Beijing, PRC	RMB25,761,104,669	71.08%	8.92%	71.08%	8.92%	Life insurance, PRC
PICC Investment Holding Company Limited (“PICC Investment Holding”)	Beijing, PRC	RMB800,000,000	100.00%	-	100.00%	-	Investment holding, PRC
PICC (Hong Kong) Limited	Hong Kong	HKD500,000,000	75.00%	-	75.00%	-	P&C insurance, Hong Kong
Zhongsheng International Insurance Brokers Company Limited	Beijing, PRC	RMB170,727,800	92.71%	-	92.71%	-	Insurance and reinsurance brokerage, PRC
PICC Services (Europe) Ltd.	London, United Kingdom	GBP500,000	100.00%	-	100.00%	-	Claim handling agency, United Kingdom
PICC Asset Management (Hong Kong) Company Limited	Hong Kong	HKD50,000,000	100.00%	-	100.00%	-	Management of insurance investments, Hong Kong
PICC Financial Services Company Limited (“PICC Financial Services”)	Tianjin, PRC	RMB1,000,000,000	100.00%	-	100.00%	-	Internet finance, PRC
PICC Reinsurance Company Limited*	Beijing, PRC	RMB3,000,000,000	51.00%	49.00%	51.00%	49.00%	Reinsurance business, PRC
PICC Pension Company Limited* (“PICC Pension”)	Hebei, PRC	RMB4,000,000,000	100.00%	-	100.00%	-	Endowment insurance, PRC

For the year ended 31 December 2018 (Amounts in millions of Renminbi, unless otherwise stated).

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