PICC Property and Casualty's H1 Premiums Rise 3.7%

MT Newswires Live07-15

PICC Property and Casualty's (HKG:2328) total insurance premiums rose 3.7% year over year to 312 billion yuan in the first half, according to a Monday filing with the Hong Kong Stock Exchange.

Motor vehicle insurance premiums rose 2.5% to 139.4 billion yuan during the half, while accidental injury and health insurance premiums increased 5.7% to 76.6 billion yuan during the period, the filing said.

Cargo insurance premiums surged 10% to 3.08 billion yuan, while that of other insurance grew 5.7% to 12.1 billion yuan.

Credit and surety premiums fell 6.3% to 3.04 billion yuan, the filing said.

Price (HKD): $9.26, Change: $-0.05, Percent Change: -0.54%

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