picc

AIG raises $500m from PICC P&C block

The US insurer sold some 250 million shares in the accelerated offering, raising $500 million in the process.

March 30, 2015

Show me the money, PICC tells long list of banks

Chinese insurer PICC Group lists a record 17 banks as potential arrangers for the H-share portion of its IPO, but tells them that the senior roles will be mandated based on how much cornerstone demand they are able to generate.

May 28, 2012

PICC Property and Casualty plans $783 million rights issue

China's biggest non-life insurer will need to compete for investor interest with New China Life Insurance.

November 29, 2011

China Merchants Bank plans rights issue

The pipeline of financial sector deals continues to grow as China Merchants Bank announces plans to raise $5.4 billion from a rights issue.

July 18, 2011

PICC pulls in $696 million amidst huge demand

PICC raises the bar for the rest of China''s insurance companies lining up to IPO.

November 01, 2003

PICC begins pre-marketing

China''s largest property and casualty insurer hopes to raise $400 million to $500 million from its IPO.

September 26, 2003