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: Tokio Marine Holdings Incorporated of JAPAN (2019 sales of 5.37 trillion Japanese Yen [US$51.04 billion] of which 53% was Domestic Damage Insurance Business), PICC Property And Casualty Company Ltd (398.70 billion Chinese Renmimbi [US$59.54 billion] of which 63% was Motor Vehicle), and MS&AD Insurance Group Holdings, Incorporated which is based in JAPAN (5.39 trillion Japanese Yen [US$51.22 billion] of which 50% was Property And Casualty Insurance Business).

Sales Analysis. During the year ended December of 2019, sales at People's Insurance Company Group of China Ltd were 552.51 billion Chinese Renmimbi (US$82.51 billion). This is an increase of 10.2% versus 2018, when the company's sales were 501.41 billion Chinese Renmimbi. This was the fifth consecutive year of sales increases at People's Insurance Company Group of China Ltd (and since 2014, sales have increased a total of 57%). Sales of Head-Quarters saw an increase that was more than double the company's growth rate: sales were up 57.5% in 2019, from 478.00 million Chinese Renmimbi to 753.00 million Chinese Renmimbi. People's Insurance Company Group of China Ltd also saw significant increases in sales in Health Insurance (up 45.8% to 22.35 billion Chinese Renmimbi) and Other (up 24.4% to 1.23 billion Chinese Renmimbi) . Not all segments of People's Insurance Company Group of China Ltd experienced an increase in sales in 2019: sales of Asset Management fell 4.0% to 1.44 billion Chinese Renmimbi. (However, this segment's sales were only a very small portion of the company's overall sales).