PICC Group Saw Slow and Difficult Life Business Transformation in 2017
The 14.4% net earned premium growth was driven by a 12% increase in auto insurance and 19.2% growth in the nonauto insurance business, boosted by accidental injury and health insurance, agricultural insurance, and liability insurance, which represented 75% of total nonauto insurance premium. Despite a 10.6-percentage-point decline in new passenger car sales to 3% from 2016 in China, PICC P&C’s new-car sales policy growth remained solid at 11.5%, gaining 0.9 percentage points of market share....People's Insurance Company of China, through more than 10 subsidiaries, is engaged in property and casualty insurance, life insurance, health insurance, asset management, insurance brokerage and trust, fund, insurance financial industry cluster and integrated business group structure for the public and agencies Group provides comprehensive insurance and financial services.
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
We have operations in 27 countries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.