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PICC Property & Casualty Co ( (HK:2328) ) has provided an update.
PICC Property & Casualty Co., Ltd. has disclosed its financial statements and an actuarial report for its compulsory motor insurance business for the year 2024. The financial statements, which include the income statement and proprietary statement of financial position, have been audited and approved by the company’s Board of Directors. The actuarial report provides an analysis of claim costs, the impact of premium rate adjustments, and trends in claim costs from 2020 to 2024, with insights into 2025. This announcement serves to inform investors about the company’s financial health and strategic positioning in the insurance market.
The most recent analyst rating on (HK:2328) stock is a Buy with a HK$21.60 price target. To see the full list of analyst forecasts on PICC Property & Casualty Co stock, see the HK:2328 Stock Forecast page.
More about PICC Property & Casualty Co
PICC Property & Casualty Co., Ltd. is a company operating in the insurance industry, primarily focusing on property and casualty insurance products. The company is based in China and is involved in providing compulsory third-party liability motor vehicle insurance, among other services.
Average Trading Volume: 28,012,367
Technical Sentiment Signal: Buy
Current Market Cap: HK$404.2B
See more insights into 2328 stock on TipRanks’ Stock Analysis page.