GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » The People's Insurance Co (Group) of China Ltd (HKSE:01339) » Definitions » Price-to-Funds-From-Operations

The People's Insurance Co (Group) of China (HKSE:01339) Price-to-Funds-From-Operations : (As of May. 22, 2024)


View and export this data going back to 2012. Start your Free Trial

What is The People's Insurance Co (Group) of China Price-to-Funds-From-Operations?

Price-to-Funds-From-Operations only applies to REITs.


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

Traded in Other Exchanges
Address
No. 88, West Chang’an Avenue, 1st-13th Floor, Xi Cheng District, Beijing, CHN, 100031
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.