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PICC Reports Growth in Mid-Year Premium Income

PICC Reports Growth in Mid-Year Premium Income

PICC Property & Casualty Co (HK:2328) has released an update.

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PICC Property & Casualty Co. reported a 4.0% year-on-year increase in original insurance premium income for the first seven months of 2024, with notable growth in liability insurance by 11.5%. Motor vehicle and accidental injury and health insurances also contributed to the rise with increases of 2.7% and 6.0%, respectively. The financial data presented remains unaudited and was prepared in accordance with Chinese accounting standards.

For further insights into HK:2328 stock, check out TipRanks’ Stock Analysis page.

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