Best's News


News & Research
Advanced Search Advanced Search



   
   
 
 
 Search Results

[x] Topic
Finance

[x] Companies
PICC Property & Casualty Co

 
1 through 20 of 48 matching documents, best matches first.   Sort by date

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
Subscription or Purchase Required

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
Subscription or Purchase Required

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
Subscription or Purchase Required

PICC Group Plans for IPO on Shanghai Stock Exchange
The People's Insurance Co. (Group) of China Ltd. is planning for an initial public offering on the Shanghai stock exchange, according to a statement from the largest nonlife ...
Source: BestWire   Date: October 2, 2018
Subscription or Purchase Required

China’s Former Insurance Regulation Chairman Pleads Guilty in Bribery Case
Jiangsu Changzhou Intermediate People's Court. Xiang had accepted 19.4 million yuan (US$3.07 million) in bribes for providing assistance to individuals and organizations related to ...
Source: BestWire   Date: June 15, 2018
Subscription or Purchase Required

People’s Insurance Company of China Cleared to List on Shanghai Stock Exchange
The People's Insurance Co. (Group) of China Ltd. has received approval from the China Securities Regulatory Commission to list on the Shanghai stock exchange, according to a ...
Source: BestWire   Date: June 7, 2018
Subscription or Purchase Required

PICC Net Profit Rose 9.9% in 2017
Chinese nonlife insurer's financial statement. Underwriting profit rose 85% to 9.3 billion yuan in 2017, with the combined ratio falling to 97 from 98.1. Investment income ...
Source: BestWire   Date: March 26, 2018
Subscription or Purchase Required

PICC Pension Insurance Cleared to Commence Business
Insurance Company (Group) of China Ltd., the holding group of PICC Property and Casualty Co. Ltd. PICC Property and Casualty saw a 13.5% rise in net profit to 12.08 billion yuan in ...
Source: BestWire   Date: October 12, 2017
Subscription or Purchase Required

Anbang Chairman Hands Over Duties for the Group
Anbang Property & Casualty Insurance Co. Ltd. and Anbang Life Insurance Co. Ltd. in 2004 and 2010, respectively. Recently, Anbang Life had been banned by the China Insurance ...
Source: BestWire   Date: June 14, 2017
Subscription or Purchase Required

PICC Group Plans IPO in Shanghai; Nonlife Unit Caps Annual Premiums Ceded to PICC Re at 5 Billion Yuan
The People's Insurance Co. (Group) of China Ltd. has proposed an initial public offering on the Shanghai Stock Exchange, according to a statement from the Hong Kong-listed ...
Source: BestWire   Date: May 18, 2017
Subscription or Purchase Required

China’s Regulator Approves PICC to Increase Investments in Agriculture and Small-Enterprise Financing Business
Property and Casualty Co. Ltd. In the first quarter of 2017, China's nonlife premium increased 11.5% to 240 billion yuan, according to the CIRC. Liability and agriculture insurance ...
Source: BestWire   Date: May 11, 2017
Subscription or Purchase Required

China’s Regulatory Chairman Under Disciplinary Investigation
Dingfu Wu, who had retired. Prior to that, he was head of the Agricultural Bank of China, one of the leading Chinese lenders. He was expected to introduce modern and advanced ...
Source: BestWire   Date: April 10, 2017
Subscription or Purchase Required

China’s Regulator Grants Approval to Establish PICC Pension Insurance
The China Insurance Regulatory Commission has granted approval to set up PICC Pension Insurance Co. Ltd. in Beijing, according to a statement from the regulator. PICC Pension ...
Source: BestWire   Date: January 9, 2017
Subscription or Purchase Required

China’s Regulator Proposes New Rules for Offshore Reinsurance
February Taiping Reinsurance (China) Co. Ltd. commenced business in China as the second local reinsurer in the country, in additional to the state-owned China Reinsurance (Group) ...
Source: BestWire   Date: November 28, 2016
Subscription or Purchase Required

PICC Financial Services Commences Internet Solutions Business
Company (Group) of China Ltd., has been launched for internet insurance services and solutions, according to a statement from the largest nonlife insurance group in China. With a ...
Source: BestWire   Date: November 9, 2016
Subscription or Purchase Required

China Imposes More Market Stabilizing Measures on Insurers' Equity Investments
China Life Insurance Co. Ltd. during the period of unusual price fluctuations. China's largest life insurance group said it will increase its shareholding in China Life "at an ...
Source: BestWire   Date: July 10, 2015
Subscription or Purchase Required

PICC Asset Management Gets Approval to Invest Its Own Funds Overseas
China Insurance Regulatory Commission. The CIRC said PICC Asset Management has to designate a commercial bank as the custodian of its overseas assets. The company can invest its ...
Source: BestWire   Date: May 11, 2015
Subscription or Purchase Required

China's Insurers Rethinking Strategies for Products, Reinsurance and Investment Amid Solvency Reform
Property and Casualty Co. Ltd. said in its financial presentation the company has increased efforts in reform and innovation, along with enhancing risk control and consolidation of ...
Source: BestWire   Date: April 1, 2015
Subscription or Purchase Required

Improving Profitability Is Key Focus for Nonlife Insurers in China
Best Asia-Pacific Ltd. Capitalization of the nonlife industry generally remains weak in China, but it is expected to improve, according to Cheung's presentation on the China ...
Source: BestWire   Date: February 21, 2014
Subscription or Purchase Required

Losses Grow for China's Compulsory Motor Market in 2011
For the year ended Dec. 31, 2011, the country's 36 motor insurers underwrote 114 million vehicles. Total earned premiums were 91.4 billion yuan, while claims totaled 74.9 billion ...
Source: BestWire   Date: August 13, 2012
Subscription or Purchase Required


Page: 1 2 3 next >>