The People's Insurance Company of China (Hong Kong), Ltd. is an overseas subsidiary of The People's Insurance Company (Group) of China abbreviated as "PICC."
Guided by its international market expansion strategy, PICC successfully bought out the equity of the Guangdong Asia Insurance Company in November 2002 and on that basis established its first overseas subsidiary PICC (Hong Kong), Ltd., with PICC and Asia Insurance (Investment) Ltd. as the shareholders.
The insurance business of PICC (Hong Kong) covers property, marine cargo, tourists, households, automobile, marine hull and various liabilities.
PICC (Hong Kong) commits itself to the motto of "truthfulness, reliability, diligence and creativity", take market demand as its guide and the need of clients as its focus in its management concept and maintain distinct characteristics in its operation and refined rules in its management. It shall carry on the fine tradition of PICC to do business with prudence, push its development steadily, take a firm foothold in Hong Kong and serve the local public wholeheartedly.