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PICC Property & Casualty Reports 4.3% Increase in Premium Income for 2024
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PICC Property & Casualty Reports 4.3% Increase in Premium Income for 2024

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Invest with Confidence:

An announcement from PICC Property & Casualty Co ( (HK:2328) ) is now available.

PICC Property & Casualty Company Limited announced its original insurance premium income for the year ending December 31, 2024. The company reported a total premium income of RMB 538,055 million, marking a 4.3% year-on-year increase. Notably, motor vehicle insurance and liability insurance saw growth rates of 4.1% and 9.9% respectively, while agriculture and credit insurance experienced declines of 5.7% and 8.6%. The financial figures, prepared in accordance with Chinese accounting standards, are unaudited, and stakeholders are advised to interpret them with caution.

More about PICC Property & Casualty Co

PICC Property & Casualty Company Limited is a joint stock company incorporated in the People’s Republic of China. It operates in the insurance industry, offering a range of insurance products including motor vehicle, accidental injury and health, agriculture, liability, commercial property, credit and surety, and cargo insurance. The company is focused on providing comprehensive insurance solutions to its clients across various sectors.

YTD Price Performance: 3.33%

Average Trading Volume: 1,222

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: $34.5B

For a thorough assessment of 2328 stock, go to TipRanks’ Stock Analysis page.

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