PICC Property and Casualty Co Ltd Class H

02328: XHKG (HKG)
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PICC P&C Earnings: Auto Underwriting Margin Beats; Valuation Raised on Milder Catastrophe Impact

PICC P&C's interim underwriting profit and net profit rose 45% and 32% year on year, respectively, supported by a 1.4-point improvement in the combined ratio, or COR, and a 33% increase in investment income.

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