PICC Group Logs Over 348 Billion Yuan in January-May Premium Income
Insurer PICC Group (HKG:1339, SHA:601319) recorded an original premium income of 348.1 billion yuan as derived from three subsidiaries for the five months ended May 31, a Thursday filing with the Hong
The People's Insurance (601319.SH): From January to May, the original insurance premium income of its subsidiary China People's Property Insurance was CNY 249.121 billion.
On June 13th, Gelunhui reported that the People's Insurance Company of China (PICC, stock code 601319.SH) obtained original insurance premium incomes of 24.912.1 billion yuan, 6.711.6 billion yuan, and 3.188.3 billion yuan through its subsidiaries PICC Property and Casualty Co., Ltd., PICC Life Insurance Co., Ltd., and PICC Health Insurance Co., Ltd. from January 1, 2024 to May 31, 2024.
PICC Group (01339.HK): The original premium income from January to May reached RMB 348.12 billion, an increase of 1.96% YoY.
On June 13, Glorious Sun announced that from January 1, 2024 to May 31, 2024, the original insurance premium income obtained by China People's Insurance Group Co., Ltd. (01339.HK) through the company's subsidiaries China People's Property Insurance Co., Ltd. (PICC), China People's Life Insurance Co., Ltd. (PICCL), and China People's Health Insurance Co., Ltd. (PICCH) were RMB 249.121 billion, RMB 67.116 billion, and RMB 31.883 billion, respectively, with a total of RMB 348.12 billion, an increase of 1% year-on-year.
Express News | People's Insurance Company Group of China - Jan to May Original Premiums Income of PICC Life Insurance RMB67,116 Mln
The Hong Kong Insurance Authority reported that the premium for new policies taken out by mainland visitors to Hong Kong in the first quarter was HKD 15.6 billion.
According to the report from Zhitong Finance APP, the Hong Kong Insurance Authority has announced the interim statistics for the insurance industry in the first quarter of 2024, with gross premiums of HKD 165.1 billion, an increase of 12.2% over the same period last year.
PICC Group Proposes Auditor Change
PICC Group (HKG:1339, SHA:601319) has proposed the appointment of Ernst & Young Hua Ming and Ernst & Young as auditors for its domestic and international financial statements, respectively, a Wednesda
People's Insurance Co Final Dividend Update
People's Insurance Co to Appoint New Auditors for 2024
China People's Insurance Group (01339) plans to appoint Ernst & Young as the 2024 financial statements and internal control auditor
China People's Insurance Group (01339) announced that the company plans to appoint Ernst & Young Huaming Certified Public Accountants (Special General...
China People's Insurance Group (01339.HK): Proposed change of accounting firm
Gelonghui, May 29丨China People's Insurance Group (01339.HK) announced that PricewaterhouseCoopers Zhongtian Certified Public Accountants (Special General Partnership) and PricewaterhouseCoopers (collectively, “PricewaterhouseCoopers”) act as the company's domestic and international accounting firms respectively, responsible for providing relevant audit, review and agreement procedure services. Their terms of office will expire at the end of the company's 2023 annual shareholders' meeting. Taking into account the company's demand for audit services, according to the relevant regulations on the selection and employment of accounting services, after completing the bidding procedures and based on the bid evaluation results, the company plans to appoint Ernst & Young Huaming Certified Public Accountants (special general contract)
China People's Insurance Group (01339) will pay a final dividend of 0.156 yuan per share on August 9
According to the Zhitong Finance App, China People's Insurance Group (01339) announced that the company will pay a final dividend of 0.156 yuan per share on August 9, 2024.
Nomura Adjusts The People's Insurance Co (Group)'s Price Target to HK$3.75 From HK$3.41, Keeps at Buy
03:32 AM EDT, 05/22/2024 (MT Newswires) -- Nomura Adjusts The People's Insurance Co (Group)'s Price Target to HK$3.75 From HK$3.41, Keeps at Buy Price (HKD): $2.90, Change: $+0.04, Percent Change: +1.
China Merchants Securities: In April, the premium income of listed insurers was steady, and the asset side ushered in triple catalysis
Recently, listed insurers disclosed the original insurance premium income from January to April 2024. The monthly increase in life insurance premiums of various companies in April was mainly driven by renewal, and the value performance may be better than expected; the growth rate of financial insurance premiums is not expected to be due to differences in the auto insurance business.
PICC's Total Original Premiums Reach 300 Billion Yuan in First Four Months of 2024
PICC Group (HKG:1339, SHA:601319) logged about 300.1 billion yuan in total original premiums from its property and casualty, life, and health units for the January-April period, according to a Friday
China Merchants Securities: The insurance sector continues to rise, optimistic about investment opportunities in the life insurance sector
An insurance sector with undervaluation, low holdings, and low expectations, or an excellent choice reflecting the equity market, real estate expectations, and interest rate environment at the moment.
Gelonghui Announces Selected (Hong Kong Stocks) | Zero Sports Auto (09863.HK)'s revenue for the first quarter reached 3.486 billion yuan, and total vehicle deliveries surged 217.9% year on year
[Today's Focus] Zero Sports Auto (09863.HK)'s first quarter revenue reached 3.486 billion yuan, and total vehicle deliveries surged 217.9% year on year. Zero Sports Auto (09863.HK) announced unaudited financial results for the first quarter of 2024. Revenue for the first quarter of 2024 was RMB 3,466.2 billion, an increase of 141.7% over the same period in 2023. Net cash used for operating activities in the first quarter of 2024 was RMB 1,1809 million, compared to RMB 2,610.7 billion for the same period in 2023. The total number of car deliveries in the first quarter of 2024 was 33,4
China People's Insurance Group (01339.HK): From January to April, the original premium income of RMB 30.117 billion increased 1.25% year-on-year
Gelonghui, May 17, 丨 China People's Insurance Group (01339.HK) announced that from January to April 2024, the original insurance premium income obtained through the company's subsidiaries People's Insurance Insurance, Human Insurance Life Insurance and Human Insurance Health was RMB 210.495 billion, RMB 60.47 billion and RMB 29.152 billion, respectively. The total was RMB 30.117 billion, an increase of 1.25% over the previous year.
Haitong Securities: What is the impact of falling interest rates on insurance companies' operations?
In the long run, the economic growth rate determines the level of interest rates, and the interest rate center gradually declines as the potential growth rate of the economy declines.
[Broker Focus] Guolian Securities maintains the China People's Insurance Group (01339) “buy” rating, indicating that its competitive advantage in financial insurance is prominent and the personal insurance value ratio has improved markedly
Jinwu Financial News | According to the Guolian Securities Research Report, China People's Insurance Group (01339) released its 2024 quarterly report. Under the new standards, the company achieved insurance service revenue of 126.172 billion yuan, +7.7% year-on-year; achieved net profit of 8.963 billion yuan, or -23.5% year-on-year. The COR of Human Insurance increased year-on-year, but underwriting profitability was still ahead of peers; the NBV of Life Insurance increased year-on-year, and the profitability of Human Insurance Health was outstanding; and the year-on-year decline in net profit was mainly due to market fluctuations affecting investment income performance. The bank continued, considering that the underwriting profitability of financial insurance is expected to remain at a good level, life insurance and
Nomura Adjusts The People's Insurance Company (Group) of China's Price Target to HK$3.41 From HK$3.52, Keeps at Buy
05:20 AM EDT, 05/08/2024 (MT Newswires) -- Nomura Adjusts The People's Insurance Company (Group) of China's Price Target to HK$3.41 From HK$3.52, Keeps at Buy Price (HKD): $2.65, Change: $-0.05, Perc
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