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The People's Insurance Co (Group) of China (HKSE:01339) Net Policyholder Benefits/Claims : HK$491,150 Mil (As of Mar. 2024)


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What is The People's Insurance Co (Group) of China Net Policyholder Benefits/Claims?

Policyholder benefits & claims is the fund paid out by insurances companies to cover the insurance losses, liabilities and expenses. The People's Insurance Co (Group) of China's policyholder benefits & claims for the three months ended in Mar. 2024 was HK$120,982 Mil. Its policyholder benefits & claims for the trailing twelve months (TTM) ended in Mar. 2024 was HK$491,150 Mil.

The People's Insurance Co (Group) of China's quarterly policyholder benefits & claims declined from Sep. 2023 (HK$193,664 Mil) to Dec. 2023 (HK$102,783 Mil) but then increased from Dec. 2023 (HK$102,783 Mil) to Mar. 2024 (HK$120,982 Mil).

The People's Insurance Co (Group) of China's annual policyholder benefits & claims increased from Dec. 2021 (HK$431,903 Mil) to Dec. 2022 (HK$450,365 Mil) and increased from Dec. 2022 (HK$450,365 Mil) to Dec. 2023 (HK$486,072 Mil).

The People's Insurance Co (Group) of China Net Policyholder Benefits/Claims Historical Data

The historical data trend for The People's Insurance Co (Group) of China's Net Policyholder Benefits/Claims can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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The People's Insurance Co (Group) of China Net Policyholder Benefits/Claims Chart

The People's Insurance Co (Group) of China Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Policyholder Benefits/Claims
Get a 7-Day Free Trial Premium Member Only Premium Member Only 378,004.77 403,678.95 431,902.70 450,365.46 486,072.06

The People's Insurance Co (Group) of China Quarterly Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Policyholder Benefits/Claims Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 116,734.45 73,719.72 193,664.17 102,783.50 120,982.48

The People's Insurance Co (Group) of China Net Policyholder Benefits/Claims Calculation

Fund paid out by insurances companies to cover the insurance losses, liabilities and expenses.

Net Policyholder Benefits/Claims for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was HK$491,150 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The People's Insurance Co (Group) of China (HKSE:01339) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » The People's Insurance Co (Group) of China Ltd (HKSE:01339) » Definitions » Net Policyholder Benefits/Claims
Comparable Companies
HKSE:02328 HKSE:06060 HKSE:00222 PGR CB TSE:8766 TRV ALL TSX:IFC TSX:FFH MKL TSE:8725 WRB CINF ASX:QBE L TSE:8630 ASX:SUN CNA WAR:PZU
Traded in Other Exchanges
PINXY:USA PIR:Germany 601319:China
Address
No. 88, West Chang’an Avenue, 1st-13th Floor, Xi Cheng District, Beijing, CHN, 100031
Website
http://www.picc.com.cn
Headquartered in Beijing, PICC Group is the largest state-owned insurance group, holding a 69% stake in PICC P&C, an 80% stake in PICC Life, and a 69% stake in PICC Health Insurance. Its P&C subsidiary is the largest nonlife insurer with about one third of market share in China. Life and health insurance subsidiaries hold about 2.9% and 1.3% share, respectively. The Ministry of Finance is the largest shareholder, with 61% share. China's Social Security Fund is the group's second-largest shareholder holding nearly 13% share.

The People's Insurance Co (Group) of China (HKSE:01339) Headlines

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