Welcome our Guests

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• Welcome our Guests

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About PICC (Hong Kong)

• Formerly known as Guangdong Asia Insurance Co.,
  Ltd. (??????????)
• Taken over by PICC Holding Company(????????) in
  Nov 2002
• Renamed as The Peoples Insurance Company of
  China (Hong Kong), Ltd. ??????(??)????
• PICC (HK) is the 1st overseas subsidiary of PICC
  Holding Company

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Inaugural Ceremony ????
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Board of Directors
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??????(??)???? Asia Financial (Holdings) Ltd.
???????? PICC Holding Company
???????? Asia Insurance Co., Ltd.
????(??)???? Asia Insurance (Investments) Co.,
Ltd.
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Company Structure ????
Board of Directors
Management Office
Mr. Joseph Chung Re-insurance Dept
Ms. Terrie Lau Policy Admin Dept
Ms. Irene Lee Claims Dept
Mr. Sammy Wong Marketing Dept 1
Mr. Jian Chao Marketing Dept 2
Personnel Administration Dept
Accounts Investment Dept
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Company Development

• PICC (HK) has rooms to develop
• Develop Intermediary Market Over 100 business
  partners now
• Product Development
• Investment in New IT system
• Investment in Human Resource

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About PICC Group
PICC Holding Company ????????
PICC Property Casualty Company
Ltd. ??????????????
PICC Asset Management Company Ltd. ????????????

• PICC Holding Company formerly was The Peoples
  Insurance Company of China
• (????????)
• State-Owned Enterprise
• Report to State Council of PRC (??????????)

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About PICC Group
PICC Property Casualty Company
Ltd. ??????????????

• Listed in Hong Kong Security Market in Nov 2003
  (No.2328)
• Initial Share Price HK1.8
• Share Price as at 9th Jun 04 HK3.025

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PICC Property Casualty Company
Ltd??????????????

• Financial Highlights
• 2003
  2002
• 
  RMB million RMB million
• Net Premium Earned 40,409
  36,381
• Net Profit (after Tax)
  1,451 278
• Net Assets
  18,757 10,293
• Net Profit grew by 1,173M in 2003 (422)
• Largest Non-life Insurer in Mainland China
• Consumes 70 market share
• Over 4,000 branches all over Mainland China

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Office Protection Policy

1. Office Contents
2. Business Interruption
3. Money
4. Public Liability
5. Personal Assault
6. Employees Compensation

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Policy Sections
Cover Section Premium
Basic Office Contents Business Interruption Money Public Liability Personal Assault Sum Insured Free Free Free Free
Optional 6. Employees compensation Declared Wages
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Minimum Premium
Cover Section Premium
Basic Office Contents Business Interruption Money Public Liability Personal Assault HK1,000 Free Free Free Free
Optional 6. Employees Compensation HK500 plus levy
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Section 1 Office Contents

• Property All Risks
• 3F, Computer equipments, office machinery,
  stationery, documents, trade sample stock
• Depreciation not deducted up to 3 years old
  (except sample/stock)
• Removal of Debris (10 on sum insured)
• Boarding up Broken Doors Windows (HK20,000)
• Alterations Repairs (Each contract lt HK100,000)

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Section 1 Office Contents

• Items Sub-limit (HK)
• Office Equipment
  100,000
• Computer Equipment
• Any one item
  20,000
• In total
  20 of SI
• 3. Computer data records(loss)
  20,000
• 4. Ornament glass, china, porcelain
  5,000
• 5. Deed, document, file plan
  3,000
• 6. Trade samples/stock (loss)
  20,000/10
• 7. Wines and Cigars(loss)
  3,000
• 8. Any one other item
  50,000

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Section 1 Office Contents

• Excess
• HK1,000/10 of water damage
• HK2,000/10 for notebook
• HK1,000 for others

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Section 2 Business Interruption

• Additional Expenses HK500,000
• Indemnity Period 12 months
• Claims payable under Section 1
• Accountants Fee HK30,000
• Denial of Access
• Excess
• First 48 hours

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Section 3 - Money

• 1. Non-negotiable Money HK500,000
• 2. Out of business hours
• In locked safe HK50,000
• In locked drawer HK3,000
• 3. During business hours In Transit K50,000
• 4. Damage to safe due to theft HK20,000
• 5. Forced signing of cash cheque HK10,000
• 6. Theft by Employees HK5,000

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Section 4 Public Liability

• Limit of Liability HK7.5M (Cost inclusive)
• Occasional Overseas visits
• 3. Food and Drinks HK2M
• 4. Liability to Landlord (rented Premises)
  HK1M
• Excess
• HK500/10 each every claim

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Section 5 Personal Assault

• Restricted Personal Accident
• 2. Person Insured directors, partners, or
  employees with
• age 16-70
  
• 3. Cover Death or Permanent Total Disablement
• 4. Robbery, hold up or theft at the premises or
  conveying Companys Money
• 5. Limit of Indemnity HK50,000 per person
  HK200,000 AOP

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Optional Cover Employees Compensation

• Under Employees Compensation Ordinance
• 2. HK100M/HK200M
• 3. Commercial Overseas Visit by Non-manual
  staff

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Claims Handling for Property Damage

• Action to minimize Loss
• Notify Insurers ASAP
• Claim Form together with
• Photos showing damage
• Repair Quotation / Repair Invoice and Receipt
• Purchase Invoice for damaged item

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Claims Handling for Property Damage

• Keep proper record documents
• Keep the damaged property
• Full cooperation with Insurer

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Claims Handling for Property Damage

• Minor Loss / Damage (Estimated Loss lt HK15,000)
• No loss adjuster will be appointed
• If possible, seek Insurers approval before
  remedial work

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Claims Handling for Property Damage
(II) Major Loss / Damage (Estimated Loss gt
HK15,000)

• Appoint Loss Adjuster
• Extend fullest cooperation with Loss Adjuster.

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Claims Handling for Third Party Property Damage
/ Bodily Injury

• Report to the police /or Medical Centre
• Get the personal details of the injured and
  witness, such as name, contact no. address etc.
• Identify the extent of injury

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Claims Handling for Third Party Property Damage
/ Bodily Injury

• Complete/return the claim form with all
  information
• Do not admit any liability
• Pass to us all relevant letters and documents
  from third parties.
• Ask Insurers advice

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????????????????
(I) ??? (????? 31-12-2004) (II) ???
(????? 30-9-2004)  
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????????????????
(I) ???   ???? 6?10???12?31??(??????)   ?? ??????
???,??????????????,?HK100,000.00????HK2,000.00??
?,?????
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????????????????
(II) ???   ???? ?6?10???9?30??(??????)   ?? ????
?????,?????,??HK300,000.00????HK3,000.00????
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????????????????
?? ???????6??9????HK400,000.00. ???
HK8,000 ??? HK3,000 ??? HK11,000
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This is to certify that has been granted
the Annual Sales Award/First Quarter Award in
respect of the Office Protection
Product. Signed by Director GM of PICC
(HK) Date
Sales Award Certificate

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Thank You Questions and Answer www.picchk.com