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China Pacific Insurance Reveals Heterogeneous H1 Results

China Pacific Insurance Reveals Heterogeneous H1 Results

China Pacific Insurance (Group) Co (HK:2601) has released an update.

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China Pacific Insurance (Group) Co., Ltd. reports mixed results for the first half of 2024 with its life insurance subsidiary, CPIC Life, experiencing a slight decrease in primary premium income by 1.2%, while its property insurance arm, CPIC P/C, sees a 7.7% increase. Key areas of growth include renewed policies for CPIC P/C’s non-automobile insurance sector, with a notable 12.3% rise. The company advises investors that the figures provided are unaudited.

For further insights into HK:2601 stock, check out TipRanks’ Stock Analysis page.

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