China People's Insurance Group Co., Ltd. (PICC) is a comprehensive insurance (financial) company, one of the top 500 in the world and the largest insurance company in the world. Established in 1949. With a registered capital of RMB 30.6 billion, China PICC is a very powerful company in the global insurance industry. It owns more than ten professional subsidiaries such as PICC P&C Insurance, PICC Assets, PICC Health, PICC Life Insurance, PICC Investment, Wenhua Holdings, PICC Capital, PICC Hong Kong, Zhongsheng International, Huaxia Broker, Zhongyuan Broker and PICC Property Insurance. Its business scope covers property insurance, life insurance, health insurance, asset management, insurance brokerage, trust, funds and other fields, forming an insurance financial industry cluster. China PICC also holds a 32.35% stake in China Credit Trust. In 20 13, China People's Insurance Group Co., Ltd. ranked 256th in Fortune Global 500.