The People's Insurance Co (Group) of China Ltd Class H
01339: XHKG (HKG)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|d! | LOCK|<Wf | LOCK|W?<xl$ |
PICC Group’s Life and Health Insurance New Business Growth Continues to Accelerate
Business Strategy and Outlook
PICC Group seeks to evolve from a leading property-casualty insurer into a comprehensive one-stop shop for financial services. However, we anticipate pressures on P&C underwriting margins and the underperforming productivity of its agent force.
