（版本一）
Brief Introduction of PICC P & C
PICC Property and Casualty Company Ltd.(PICC P & C), as the largest non-life insurance company in mainland China, was established by the People’s Insurance Company (Group) of China in July 2003 under the validation of the State Council and approval of the China Insurance Regulatory Commiion (CIRC), with a registered capital of RMB 11.1418 billion.The Company once was the People’s Insurance Company of China, which was founded by the People’s Bank of China under the approval of the Committee of Finance and Economy of the State Council on October 20, 1949.
PICC P & C is a flagship subsidiary of the PICC Group, and enjoys an outstanding reputation in the insurance market both home and abroad.On November 6, 2003, the Company succefully launched its IPO in Hong Kong, becoming the first large Chinese state-owned financial enterprise that went public overseas.Supported by its comprehensive strength, PICC P & C stands as the official insurance partner of the Beijing 2008 Olympic Games and Shanghai 2010 Expo, providing full-around insurance services for both events.On June 26, 2008, Moody’s, the authoritative international rating agency, rated the Company as A1, which is the highest rating among domestic enterprises in mainland China.
During more than 60 years of extraordinary development, PICC P & C has always been taking “Insurance of the People and for the People” as its miion, maintaining the management philosophy of “People-oriented, Good-faith service, Value-driven and Sustainable operation ”, carrying forward the enterprise spirit of “truth-seeking, honesty, hard-working, and creativity”, and fully exert its advantages on brand, expertise, production, technology and service, so as to provide strong insurance protection for the reform, economy, society and people.Since 2003, the total claims PICC P & C settled have amounted to over RMB 260 billion.In 2008, after the occurrence of the Snow Disasters, Wenchuan Earthquake, and floods in some southern provinces, the Company took its responsibility and all efforts to deal with claims settlement at very first time, contributing to the restoration of production and
reconstruction of homeland in the disaster-stricken areas.
PICC P & C has long been serving the overall economic and social development of China.The Company takes a market-oriented and client-centered busine approach, plays an active role in corporate responsibilities, supports national education, sports and cultural development, promotes the construction of a harmonious society; therefore, the Company has been widely recognized by the public.PICC P & C is rated as the “Most Reliable Insurance Company in China” by Euromoney, and is the first among peer companies to be awarded the honor of “Customer Care Benchmark Enterprises in China”.The “95518” customer service call-center has been consecutively elected as the “Best Call-center in China” for the past several years, and its Olympic marketing campaign has won the gold medal of “Effie Award China”, which is the highest honor in Chinese advertising industry.In the Asian insurance companies competitivene ranking 2008, PICC P & C is also listed as the “Most Competitive Non-life Insurance Company in Asia”.
Embarking on a new historical start, PICC P & C will continue to take the Concept of Scientific Development as guideline, advance with time, integrate with truth-seeking attitude, and innovate with proactive spirit of reform.PICC P & C aims for a new start and giant leap forward in developing its busine, and guarantees to provide further and better insurance services in the proce of China’s march into a welfare and harmonious society.
（版本二）
Brief Introduction of PICC P & C
PICC Property and Casualty Company Ltd.(PICC P & C), as the largest non-life insurance company in mainland China, was established by the People’s Insurance Company (Group) of China in July 2003 under the validation of the State Council and approval of the China Insurance Regulatory Commiion (CIRC), with a registered capital of RMB 11.1418 billion.The Company once was the People’s Insurance Company of China, which was founded by the People’s Bank of China under the
approval of the Committee of Finance and Economy of the State Council on October 20, 1949.
PICC P & C is a flagship subsidiary of the PICC Group, and enjoys an outstanding reputation in the insurance market both home and abroad.On November 6, 2003, the Company succefully launched its IPO in Hong Kong, becoming the first large Chinese state-owned financial enterprise that went public overseas.Supported by its comprehensive strength, PICC P & C stands as the official insurance partner of the Beijing 2008 Olympic Games and Shanghai 2010 Expo, providing full-around insurance services for both events.On June 26, 2008, Moody’s, the authoritative international rating agency, rated the Company as A1, which is the highest rating among domestic enterprises in mainland China.
During more than 60 years of extraordinary development, PICC P & C has always been taking “Insurance of the People and for the People” as its miion, maintaining the management philosophy of “People-oriented, Good-faith service, Value-driven and Sustainable operation ”, carrying forward the enterprise spirit of “truth-seeking, honesty, hard-working, and creativity”, and fully exert its advantages on brand, expertise, production, technology and service, so as to provide strong insurance protection for the reform, economy, society and people.Meanwhile, in its practice of serving the overall economy and customers, PICC P & C has created and consolidated its competitive advantages as a market leader.
Brand Excellence: PICC has grown its brandname together with the People’s
Republic of China, and enjoys wide influences and outstanding reputation home and abroad.PICC P & C is rated as the “Most Reliable Insurance Company in China” by Euromoney, and is the first among peer companies to be awarded the honor of “Customer Care Benchmark Enterprises in China”.The “95518” customer service call-center has been consecutively elected as the “Best Call-center in China” for the past several years, and its Olympic marketing campaign has won the gold medal of “Effie Award China”, which is the highest honor in Chinese advertising industry.In the Asian insurance companies competitivene ranking 2008, PICC P & C is also listed as the “Most Competitive Non-life Insurance Company in Asia”.
Talent Excellence: PICC P & C has long been maintaining its talents-centered strategy, namely, “guided by experts and winning through competence”.The
Company attaches great importance to team building and employee training, and has forged a good number of managerial talents with rich experience as well as technical talents covering every and every link of chain in the non-life insurance busine.As a result, a profeional team of employees has been established that masters core
competence of non-life busine.The high caliber advantage forms a solid foundation of talent pool as well as the intellectual support for the Company to develop busine and service clients.
Product Excellence: PICC P & C enjoys a complete product R & D system, strong R & D capacity, and a full-range of on-shelf products, covering various types of insurance including auto, property, marine & cargo, liability & credit, accidents & health, energy & aerospace, and agricultural insurance, many of which are innovative products pioneering in the industry.Especially for the Beijing 2008 Olympic Games and Shanghai Expo 2010, PICC P & C has developed a series of proprietary insurance products with Chinese characteristics and intellectual property rights.As of 2008, the Company provides more than 2500 types of insurance products.At present, the Company develops on average one new product a day, providing all-dimensional and high quality insurance services to our customers.
Profeional Excellence: PICC P & C is a leader among domestic non-life insurance players in respect of core technological areas such as underwriting, claims and
reinsurance, and has accumulated abundant experience of risk management through long-time busine practice.PICC P & C is the first non-life insurance company in China to introduce actuary techniques into product development proce, and enjoys leading profeional advantages in key busine areas such as aerospace, nuclear
power plants, energy, ocean-going veels, large industrial and commercial enterprises, government purchase, and agriculture-related insurance.The Company keeps a
long-term and steady strategic cooperation with the international reinsurance market, and is capable of providing outstanding reinsurance protection for various clients.
Service Excellence: PICC P & C’s busine network covers throughout the country, including more than 10,000 busine offices and over 320 underwriting,
claims/customer service and accounting centers at city level.This comprehensive sales and service network furnishes strong support for the Company’s to expand service ranges, innovate ways of servicing, enhance service standard, and offer profeional and differentiated service for customers.PICC P & C is the first to launch the 24-7 hotline “95518” all acro China, providing customers with
multi-functional and personalized services with regard to claims-reporting, consulting, complaints, insurance cards registration, vehicle rescue, insurance application appointment and customer feedback survey, anytime, anywhere.
Embarking on a new historical start, PICC P & C will continue to take the Concept of Scientific Development as guideline, advance with time, integrate with truth-seeking attitude, and innovate with proactive spirit of reform.PICC P & C aims for a new start and giant leap forward in developing its busine, and guarantees to provide further and better insurance services in the proce of China’s march into a welfare and harmonious society.
