The People's Insurance Co (Group) of China (HKSE:01339) Unpaid Loss & Loss Reserve : HK$1,115,389 Mil (As of Mar. 2024)

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What is The People's Insurance Co (Group) of China Unpaid Loss & Loss Reserve?

The People's Insurance Co (Group) of China's annual unpaid loss & loss reserve declined from Dec. 2021 (HK$989,852 Mil) to Dec. 2022 (HK$987,494 Mil) but then increased from Dec. 2022 (HK$987,494 Mil) to Dec. 2023 (HK$1,073,693 Mil).

The People's Insurance Co (Group) of China Unpaid Loss & Loss Reserve Historical Data

The historical data trend for The People's Insurance Co (Group) of China's Unpaid Loss & Loss Reserve 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 Unpaid Loss & Loss Reserve Chart

The People's Insurance Co (Group) of China Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Unpaid Loss & Loss Reserve

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1,197.32

1,103.64

989,852.07

987,494.07

1,073,692.73

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
Unpaid Loss & Loss Reserve	Get a 7-Day Free Trial															-	1,040,760.63	1,029,733.25	1,073,692.73	1,115,389.36

The People's Insurance Co (Group) of China Unpaid Loss & Loss Reserve Calculation

The fund insurance companies set aside for the loss that has not be paid or possible losses in the future.

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

Industry

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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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