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PICC P&C (02328) issued an earnings forecast, expecting annual Net income to increase by approximately 20% to 40% year-on-year.
PICC P&C (02328) announced that it is expected the company and its subsidiaries' net income for the year 2024 will be in line with that of 2023...
Express News | PICC Property and Casualty - Expected Result for Year Due to Increased Total Investment Income Year-on-Year, Others
Express News | PICC Property and Casualty Sees Net Profit for Year to Increase by 20% to 40%
PICC P&C: ANNOUNCEMENT ON ESTIMATED PROFIT INCREASE FOR THE YEAR 2024
Hong Kong stocks fluctuating | Mainland Insurance Companies declined in the afternoon, December life insurance premium growth rate diversified, the Industry had a good start but new policy sales momentum weakened.
Mainland Insurance Companies fell in the afternoon. As of the time of writing, New China Life Insurance (01336) decreased by 2.91%, trading at 23.35 HKD; China Pacific Insurance (02601) fell by 2.62%, trading at 22.3 HKD; China Life Insurance (02628) dropped by 2.43%, trading at 13.66 HKD; PICC P&C (02328) declined by 0.97%, trading at 12.22 HKD.
Comments on the premium income of listed insurance companies by China Merchants in December 2024: Expected high growth in life insurance NBV, steady performance in property insurance.
Looking ahead to 2025, with the orderly advancement of the positive start and product transformation, the proportion of dividend types is expected to significantly increase, and the life insurance NBV is expected to continue to grow positively; the premium growth rate of property insurance is also expected to continue to recover. If the integration of report and action in the non-auto insurance sector is implemented later, it will also help improve the competitive landscape of the Industry.
