WCRC Researched Brand · World's Most Powerful Brands 2026 · Second Global Mega Edition
PICC
PICC is China's largest property and casualty insurer, the brand of The People's Insurance Company (Group) of China Limited, which is state-owned and listed in both Shanghai and Hong Kong. For 2025 it reported total operating revenue of RMB669.3bn, about US$93.1bn, and net profit of RMB46.2bn, up 9.6%, while its property and casualty arm posted a combined ratio of 97.5%. WCRC's research found the brand strongest in financial health and in industry standing within China. Coverage is mainly domestic and financial. Its digital footprint is limited to domestic apps. State ownership brings periodic regulator penalties on branches, typical for Chinese insurers, and its international ESG standing is limited.
- Sector
- Insurance
- Region
- Asia-Pacific
- Country
- China
- WCRC research
- Research Matrix screening
What WCRC found
China's largest property and casualty insurer.
2025 total operating revenue of RMB669.3bn and net profit of RMB46.2bn, up 9.6%.
Property and casualty arm posted a combined ratio of 97.5%.
What holds it back: Periodic regulator penalties on branches are typical of Chinese insurers, and its international ESG standing and digital footprint are limited.
Status in the 2026 edition
PICC was screened on the six-dimension WCRC Research Matrix for the 2026 edition. It is not among the 100 ranked brands.
WCRC publishes scores only for the 100 ranked brands. How WCRC ranks brands.
Most powerful Insurance brands
Questions people ask
Is PICC in the WCRC World's Most Powerful 100 Brands 2026?
PICC was screened on the six-dimension WCRC Research Matrix for the 2026 edition. It is not among the 100 ranked brands.
Which Insurance brands are ranked in 2026?
The most powerful Insurance brands in the 2026 ranking are Progressive (#70).