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Company

China's PICC sees rising premium income

June 12, 2020


Abstract : The People's Insurance Company Group of China (PICC), the country's leading insurer, reported premium income of 280.72 billion yuan (39.76 billion U.S. dollars) in the first five months of the year.

BEIJING, June 11 (Xinhua) -- The People's Insurance Company Group of China (PICC), the country's leading insurer, reported premium income of 280.72 billion yuan (39.76 billion U.S. dollars) in the first five months of the year.

The figure represented a growth of 3.26 percent over the same period last year, according to the company's statement, filed to the Shanghai Stock Exchange.

The company's premiums reached 552.3 billion yuan in 2019.

The share price of the Shanghai-listed insurer went down 1.26 percent to close at 6.27 yuan on Thursday. Enditem

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Keyword: PICC insurance industry

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