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1 through 20 of 283 matching documents, best matches first.   Sort by date

First-Half Profit Rises on Underwriting, Investment Gains for China's PICC
Property and Casualty Co. Ltd. reported higher six-month net profit as double-digit underwriting and investment income gains outpaced flat premium income in motor insurance, the ...
Source: BestWire   Date: August 28, 2026
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AM Best Revises Outlooks to Positive for The People’s Insurance Company of China (Hong Kong), Limited
...Hong Kong), Limited (PICC HK) (Hong Kong). The Credit Ratings (ratings) reflect PICC HK's balance sheet strength, which AM Best assesses as very strong, as well as its adequate ...
Source: Press Releases   Date: July 18, 2025
AM Best Revises Outlooks to Positive for The People's Insurance Company of China (Hong Kong), Limited
...Hong Kong), Limited (PICC HK) (Hong Kong). The Credit Ratings (ratings) reflect PICC HK's balance sheet strength, which AM Best assesses as very strong, as well as its adequate ...
Source: BestWire   Date: July 18, 2025
PICC, Axa Units Enter Green Hong Kong Auto Pact
Property and Casualty Co. Ltd. said it signed a cooperation memorandum with Axa Hong Kong & Macau and Axa Tianping Property & Casualty Insurance Co. for green energy vehicle ...
Source: BestWire   Date: January 13, 2025
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AM Best Affirms Credit Ratings of The People’s Insurance Company of China (Hong Kong), Limited
The outlook of these Credit Ratings (ratings) is stable. The ratings reflect PICC HK's balance sheet strength, which AM Best assesses as very strong, as well as its adequate ...
Source: Press Releases   Date: July 19, 2024
AM Best Affirms Credit Ratings of The People's Insurance Company of China (Hong Kong), Limited
The outlook of these Credit Ratings (ratings) is stable. The ratings reflect PICC HK's balance sheet strength, which AM Best assesses as very strong, as well as its adequate ...
Source: BestWire   Date: July 19, 2024
Trade Group Seeks to Revive City’s Drive for International Insurance Status
Hong Kong government in its 2023-2024 budget, the think tank said. The HKFI said its proposal also seeks to build more sustainable talent pools for the insurance industry in Hong ...
Source: BestWire   Date: April 17, 2023
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PICC Earthquake Cat Bond Is Third ILS Deal for Hong Kong
China Property & Casualty Reinsurance Co. Ltd. through Greater Bay Re Ltd. (BestWire, Oct. 1, 2021). Peoples Insurance Company of China (Hong Kong) has a current Best's Financial ...
Source: BestWire   Date: December 30, 2022
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AM Best Affirms Credit Ratings of The People's Insurance Company of China (Hong Kong), Limited
Company of China (Hong Kong), Limited (PICC HK) (Hong Kong). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect PICC HK's balance sheet strength, which AM ...
Source: Press Releases   Date: June 23, 2020
AM Best Affirms Credit Ratings of The People's Insurance Company of China (Hong Kong), Limited
Company of China (Hong Kong), Limited (PICC HK) (Hong Kong). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect PICC HK's balance sheet strength, which AM ...
Source: BestWire   Date: June 23, 2020
China’s Nonlife Sector Facing Profit Pressures
Yizhou Hong, senior financial analyst of AM Best Asia-Pacific Ltd. At the same time, the nonlife industry is actively expanding into non-motor businesses - especially liability, ...
Source: BestWire   Date: September 25, 2019
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PICC P&C Reports 39.1% Rise in First-Half Net Profit
Chinese nonlife insurer's financial statement. Gross written premium increased 15.1% to 236 billion yuan in the first half, with a market share of 35.1%. Underwriting profit ...
Source: BestWire   Date: August 27, 2019
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PICC P&C’s Net Profit Drops 3.6% in First Quarter
The combined ratio fell slightly to 98.3 Accidental injury and health insurance, its second-largest line, saw a 56.7% rise in direct written premium to 28.3 billion yuan in the ...
Source: BestWire   Date: May 7, 2019
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AM Best Asia Director: With Slip in 2018 Results, China’s Nonlife Insurers Should Refocus on Profit Ahead of C-ROSS Phase 2
Capital requirements are expected to rise under the second phase of C-ROSS. Subsequent higher capital costs will require insurers look into their strategy and profitability. The ...
Source: BestWire   Date: April 12, 2019
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PICC Group’s Investment Chief Under Disciplinary Investigation
Liu joined PICC Investment in 2007. He had previously worked for China Life's corporate strategy planning unit. Last year, PICC Group's former executive Yincheng Wang was sentenced ...
Source: BestWire   Date: March 25, 2019
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PICC Property & Casualty Co. Net Falls 21.8% in 2018
The combined ratio rose to 98.5 in 2018 from 97.2, according to PICC P&C. Natural catastrophe-related losses for non-motor insurance business surged 75.3% to 5.7 billion. Its ...
Source: BestWire   Date: March 25, 2019
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AIG Disposes All Shares of PICC Group for $482 Million
American International Group Inc. has sold its entire stake in People Insurance Co. (Group) of China Ltd. for HK$3.8 billion (US$482 million), according to a disclosure on the ...
Source: BestWire   Date: March 8, 2019
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PICC to Cover China’s Supreme Court for Court Payment Risk
The People's Insurance Co. Group of China for the insurer to offer protection against defendants defaulting on court awards, according to a statement from the court. This aims to ...
Source: BestWire   Date: December 6, 2018
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China’s Compulsory Liability Motor Insurance Industry Saw 80 Million Yuan Underwriting Profit in 2017
Aggregated losses totaled 7.1 billion yuan, according to the CBIRC. The sector has recorded an underwriting loss each year for about a decade, since the introduction of this line. ...
Source: BestWire   Date: November 29, 2018
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Standard Club Asia, Ping An Team Up to Underwrite Protection and Indemnity Risks in China
Ping An Property & Casualty Insurance Company of China Ltd. and Standard Club Asia Ltd. have agreed to jointly underwrite protection and indemnity risks in China, according to a ...
Source: BestWire   Date: November 12, 2018
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