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 of JAPAN (2020 sales of 4.62 trillion Japanese Yen [US$42.27 billion] of which 61% was Property And Casualty Insurance Business), Tokio Marine Holdings Incorporated of JAPAN (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).

Sales Analysis. During the second quarter of 2021, sales at People's Insurance Company Group of China Ltd totalled 313.52 billion Chinese Renmimbi. This is 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). This is an 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) and Headquarters (up 67.1% to 1.26 billion Chinese Renmimbi) .