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PICC Property & Casualty Signs Reinsurance Framework Agreement with PICC HK

Reuters2025-12-31

<a href="https://laohu8.com/S/01339">PICC</a> Property & Casualty Signs Reinsurance Framework Agreement with <a href="https://laohu8.com/S/02328">PICC</a> HK

PICC Property & Casualty Co. Ltd. announced that it has entered into a Reinsurance Framework Agreement with PICC HK on 31 December 2025. Under the agreement, the company will cede insurance premiums to PICC HK in exchange for commissions, while PICC HK will also cede insurance premiums to the company in similar transactions. The arrangement aims to diversify risks, stabilize operations, and leverage PICC HK's overseas business advantages to support further development of reinsurance business related to China-overseas interests. As of the announcement date, PICC Group holds 68.98% of the total share capital of PICC Property & Casualty Co. Ltd.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. PICC Property & Casualty Co. Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20251231-11972696), on December 31, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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Ltd. announced that it has entered into a Reinsurance Framework Agreement with PICC HK on 31 December 2025. Under the agreement, the company will cede insurance premiums to PICC HK in exchange for commissions, while PICC HK will also cede insurance premiums to the company in similar transactions. The arrangement aims to diversify risks, stabilize operations, and leverage PICC HK's overseas business advantages to support further development of reinsurance business related to China-overseas interests. As of the announcement date, PICC Group holds 68.98% of the total share capital of PICC Property &amp; Casualty Co. Ltd.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n<i>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. 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Ltd. announced that it has entered into a Reinsurance Framework Agreement with PICC HK on 31 December 2025. Under the agreement, the company will cede insurance premiums to PICC HK in exchange for commissions, while PICC HK will also cede insurance premiums to the company in similar transactions. The arrangement aims to diversify risks, stabilize operations, and leverage PICC HK's overseas business advantages to support further development of reinsurance business related to China-overseas interests. As of the announcement date, PICC Group holds 68.98% of the total share capital of PICC Property &amp; Casualty Co. Ltd.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n<i>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. PICC Property &amp; Casualty Co. Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20251231-11972696), on December 31, 2025, and is solely responsible for the information contained therein.</span></i>\n</p>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU2097828474.EUR","symbol_name":"AZ EQUITY CHINA \"A\" (EUR) ACC A","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251231:nNDL1w9gfH:1","article_id":"2595729992","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2595729992","pubTimestamp":1767165726,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"PICC Property & Casualty Co. 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Ltd. announced that it has entered into a Reinsurance Framework Agreement with PICC HK on 31 December 2025. Under the agreement, the company will cede insurance premiums to PICC HK in exchange for commissions, while PICC HK will also cede insurance premiums to the company in similar transactions. The arrangement aims to diversify risks, stabilize operations, and leverage PICC HK's overseas business advantages to support further development of reinsurance business related to China-overseas interests. As of the announcement date, PICC Group holds 68.98% of the total share capital of PICC Property & Casualty Co. Ltd.\n      \n\n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. PICC Property & Casualty Co. Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20251231-11972696), on December 31, 2025, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"corporation","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"hasMoreComments":false,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"isCrawlerRequest":true}