PICC Group Logs Nearly 569 Billion Yuan in January-September Premium Income

MT Newswires Live10-14

People's Insurance Company (Group) of China or PICC Group (HKG:1339) recorded a total original premium income of 568.9 billion yuan as derived from three operating subsidiaries for the nine months ended Sept. 30, a Monday bourse filing said.

Of this, PICC Property and Casualty, PICC Life Insurance, and PICC Health Insurance contributed 428.3 billion yuan, 96.6 billion yuan, and 44.0 billion yuan, respectively.

Shares of the insurer closed over 1% lower on Monday.

Price (HKD): $3.98, Change: $-0.050, Percent Change: -1.24%

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