Detail akcie PICC Grp Cn -H- online

Business Summary: People's Insurance Company Group of China Ltd is a holding company that mainly provides insurance products. The Company and its subsidiaries are mainly engaged in property insurance, health insurance, life insurance, reinsurance, Hong Kong insurance, pension insurance and operating insurance business. The property insurance business mainly includes providing property insurance products for companies and individuals, including motor vehicle insurance, agricultural insurance, property insurance and liability insurance. The health insurance business mainly includes health and medical insurance products. The life insurance business mainly includes life insurance products, including dividends, whole life, annuities and universal life insurance products. The Hong Kong insurance business includes property insurance business in Hong Kong, China. The pension insurance business includes business such as enterprise annuities and occupational annuities.
Financial Summary: BRIEF: For the fiscal year ended 31 December 2024, People's Insurance Cmpy Grp of China Ltd revenues increased 10% to RMB556.07B. Net income increased 89% to RMB42.15B. Revenues reflect Non-Life Insurance segment increase of 8% to RMB524.33B, China segment increase of 13% to RMB608.5B. Net income benefited from GAAP Expense Ratio - %-Motor vehicle ins decrease of 9% to 24.2%, GAAP Loss Ratio - %-Commercial property increase of 13% to 85.8%.