People’s Insurance Co (Group) of China (HK:1339) has released an update.
The People’s Insurance Company (Group) of China Limited reported their unaudited original premiums income for January to August 2024, showcasing a mixed financial performance across its subsidiaries. PICC Property and Casualty Company Limited saw a moderate overall increase, despite a decline in credit and surety insurance. PICC Life Insurance and PICC Health Insurance both experienced growth, particularly in renewal business and first-year regular premiums respectively.
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