People's Insurance Company Group of China Ltd operates within the Fire, marine, and casualty insurance sector.
In addition to historical fundamental analyses, the complete report available to purchase compares People's Insurance Company Group of China Ltd with three other
insurance companies in Asia:
MS&AD Insurance Group Holdings, Incorporated
sales of 4.62 trillion Japanese Yen [US$42.27 billion]
of which 61%
was Property And Casualty Insurance Business),
Tokio Marine Holdings Incorporated
(5.37 trillion Japanese Yen [US$49.06 billion]
of which 52%
was Domestic Damage Insurance Business), and
PICC Property And Casualty Company Ltd
(415.00 billion Chinese Renmimbi [US$64.51 billion]
of which 61%
was Motor Vehicle).
During the second
quarter of 2021, sales at People's Insurance Company Group of China Ltd totalled
313.52 billion Chinese Renmimbi.
practically unchanged from the previous year, and is only
an increase of 1.2%
from the 309.85 billion Chinese Renmimbi in sales at the company during the second quarter of 2020.
During the year ended December of 2020, sales at
People's Insurance Company Group of China Ltd were 585.08 billion Chinese Renmimbi (US$90.95 billion).
increase of 5.9%
versus 2019, when the company's sales were 552.51 billion Chinese Renmimbi.
This was the fifth consecutive year of sales increases at People's Insurance Company Group of China Ltd
(and since 2015, sales have increased a total of 44%).
Sales of Other saw an increase
that was more than double the company's growth rate: sales were up
81.1% in 2020, from
1.23 billion Chinese Renmimbi to 2.23 billion Chinese Renmimbi.
People's Insurance Company Group of China Ltd also saw significant increases in sales in
Health Insurance (up 42.9% to 31.94 billion Chinese Renmimbi)
Headquarters (up 67.1% to 1.26 billion Chinese Renmimbi)