PICC Property & Casualty Co., Ltd.
Industry Group: Insurance
Country/Region: China
Identifier: HKG:2328
With headquarters in Beijing, PICC P&C is China’s largest nonlife insurer, commanding nearly 33% market share in the country. It was founded by the People’s Bank of China in 1949. The company is a flagship subsidiary of the PICC Group, a state-owned insurance group, which owns 69% of PICC P&C. The company offers a wide range of nonlife insurance products, including auto, commercial property, liability, credit and surety bond, accidents and health, energy and aerospace, and agricultural insurance.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Insurance 258 out of 300
Universe
Global Universe 10821 out of 15120
What are the ESG Risk Ratings?
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Industry Comparison
| Company | ESG Risk Rating | Industry Rank |
|---|---|---|
| Intact Financial Corp. |
19.5
Low
|
78 out of 300 |
| MS&AD Insurance Group Holdings, Inc. |
23.5
Medium
|
139 out of 300 |
| The Allstate Corp. |
24.7
Medium
|
167 out of 300 |
| The People's Insurance Co. (Group) of China Ltd. |
29
Medium
|
240 out of 300 |
| PICC Property & Casualty Co., Ltd. |
30.7
High
|
258 out of 300 |
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Our Approach to Calculating ESG Risk
The ESG Risk Ratings measure a company's exposure to industry-specific material ESG risks and how well a company is managing those risks.
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues. Our exposure score takes into consideration subindustry and company-specific factors such as its business model.
Management
Management refers to how well a company is managing its relevant ESG issues. Our management score assesses the robustness of a company's ESG programs, practices and policies.
How do the ESG Risk Ratings work?
Top Material ESG Issues for PICC Property & Casualty Co., Ltd.
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What are Material ESG Issues?
Material ESG issues are issues that are considered to be financially material to a given company in a relevant sub-industry.
Controversy Rating
Highest Controversy level that has impacted PICC Property & Casualty Co., Ltd.'s ESG Risk Rating in the last three years
Highest Controversy Level
Contributing Events
Highest Controversy Events Locations
