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People’s Insurance Co. Enhances Governance with New Committee

Story Highlights
  • The company has formed a Nomination and Remuneration Committee to improve director and management appointments.
  • The committee will oversee remuneration plans and performance evaluations to strengthen governance.
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People’s Insurance Co. Enhances Governance with New Committee

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The latest announcement is out from People’s Insurance Co (Group) of China ( (HK:1339) ).

The People’s Insurance Company (Group) of China Limited has established a Nomination and Remuneration Committee under its Board of Directors to enhance the selection, appointment, and compensation management of its directors and senior management. This committee will assist in formulating procedures and criteria for appointments, conduct assessments of candidates, and oversee the implementation of remuneration and performance evaluation systems, thereby strengthening the company’s corporate governance structure.

The most recent analyst rating on (HK:1339) stock is a Buy with a HK$7.30 price target. To see the full list of analyst forecasts on People’s Insurance Co (Group) of China stock, see the HK:1339 Stock Forecast page.

More about People’s Insurance Co (Group) of China

The People’s Insurance Company (Group) of China Limited is a joint stock company incorporated in the People’s Republic of China, operating within the insurance industry. It focuses on providing a range of insurance services and products, and is listed on the Stock Exchange of Hong Kong.

Average Trading Volume: 62,552,442

Technical Sentiment Signal: Buy

Current Market Cap: HK$396.6B

For a thorough assessment of 1339 stock, go to TipRanks’ Stock Analysis page.

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