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|pd | LOCK|^n@ | LOCK|Q<$FFB |
PICC Group Earnings: Life and Health Business Momentum Remains Strong, but P&C Lags
PICC Group's first-quarter revenue contracted 5% and profit fell 31% due to a volatile stock market and slower premium growth. The total combined ratio improved 0.3 percentage points to 94.2%.
