Providers/PICC Property and Casualty Company Limited
Aviation insurance carrierCompany

PICC Property and Casualty Company Limited

Beijing, Beijing Municipality, China

PICC Property and Casualty Company Limited is the P&C operating carrier within PICC Group and remains active in aviation-adjacent specialty insurance. Official disclosures support civil aviation fleet underwriting, pilot loss-of-license cover, domestic large aircraft support, DJI drone business, low-altitude co-insurance, eVTOL and aerospace/satellite risks. The public record is strongest for China-market enterprise and strategic risks, not retail aircraft-owner placement.

Best for

  • China-market enterprise aviation risks
  • Airlines and civil aviation fleet programs
  • Drone, UAS and low-altitude economy operators
  • eVTOL and low-altitude aircraft manufacturers or operators
  • Aerospace, satellite and national strategic projects

Potential drawbacks

  • No public aircraft-owner online quote or application URL found
  • No named aviation underwriter contact found
  • No public full aviation appetite, pricing or pilot-requirement guide found
  • Public aviation evidence is China-centered and enterprise-oriented
  • Independent aviation service reviews are sparse

Coverage and fit

Aircraft segments

airlinesgeneral aviationhelicoptersunmanned aircraft and dronesconsumer-grade dronesindustrial-grade dronesagricultural-grade droneseVTOL and low-altitude aircraftdomestic commercial aircraftairport operationsaviation products and manufacturingaviation maintenance and fuelingaerospace and satellite projects

Coverage lines

aircraft hullaircraft spares and equipmentaviation liabilitythird-party liabilitywar risk and war third-party excess liabilityaircraft product liabilitycivil airport liabilityaviation maintenance liabilityaviation fueling liabilityunmanned aircraft third-party liabilitylow-altitude aircraft on-board testing equipment losslow-altitude aircraft product quality guarantee insurancepilot loss-of-license insurancepassenger and crew accident-related aviation covercontingent and possessed aircraft hull and sparesprofessional errors and omissions extension reported in broker-distributed low-altitude policyaerospace and satellite insurance

Borrower segments

Not listed.

Usage segments

airline operationscivil aviation fleet operationsgeneral aviation operationscommercial helicopter operationscommercial drone operationslow-altitude tourism and business commute operationslogistics and medical transport drone operationsresearch and manufacturingtest flight and testingparking and maintenanceairport liabilityaircraft leasing and lessor contingent coveragedomestic commercial aircraft international market support

Research signals

Reputation score

Not scored

Signal strength

medium-low for aviation-specific customer sentiment; high for official and trade evidence of market activity

Sources

17

Public discourse mainly frames PICC P&C as a very large, state-backed China P&C carrier with capacity for national aviation, aerospace and low-altitude projects. Official and trade sources emphasize scale, policy alignment, co-insurance leadership and product innovation. Independent aviation-customer sentiment is sparse; available negative signals are mostly non-aviation consumer complaints plus one large cross-border aircraft lessor litigation involving delayed payment.

Positive themes

  • Large balance sheet and nationwide service network
  • Long-running role in China civil aviation fleet insurance
  • Visible leadership in low-altitude economy insurance pilots
  • Ability to coordinate co-insurance capacity for emerging aviation risks
  • Public claims channels and emergency-response procedures for major incidents

Negative themes

  • No public aircraft-owner quote or application workflow found
  • No named aviation underwriter contact found
  • No public full aviation appetite or rating guide found
  • Consumer complaint platforms include individual non-aviation complaints about delayed or disputed claims
  • A 2025 Irish aviation leasing case involved delayed payment/default-judgment reporting against PICC P&C

Forum themes

  • No meaningful aviation owner/operator forum discussion pattern was found in English-language pilot communities during this pass.

Sources