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The People's Insurance Co (Group) of China (HKSE:01339) Net Investment Income : HK$-18,546 Mil (As of Mar. 2024)


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What is The People's Insurance Co (Group) of China Net Investment Income?

Net investment income is the income earned by insurance companies through investments.The People's Insurance Co (Group) of China's net investment income for the three months ended in Mar. 2024 was HK$2,347 Mil. Its net investment income for the trailing twelve months (TTM) ended in Mar. 2024 was HK$-18,546 Mil.

The People's Insurance Co (Group) of China's quarterly net investment income declined from Sep. 2023 (HK$1,361 Mil) to Dec. 2023 (HK$-13,082 Mil) but then increased from Dec. 2023 (HK$-13,082 Mil) to Mar. 2024 (HK$2,347 Mil).

The People's Insurance Co (Group) of China's annual net investment income declined from Dec. 2021 (HK$-585 Mil) to Dec. 2022 (HK$-647 Mil) and declined from Dec. 2022 (HK$-647 Mil) to Dec. 2023 (HK$-10,842 Mil).


The People's Insurance Co (Group) of China Net Investment Income Historical Data

The historical data trend for The People's Insurance Co (Group) of China's Net Investment Income 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 Net Investment Income Chart

The People's Insurance Co (Group) of China Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Investment Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1,483.30 -4,550.88 -585.30 -646.58 -10,841.54

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
Net Investment Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10,440.03 -9,173.54 1,361.26 -13,081.60 2,347.50

The People's Insurance Co (Group) of China Net Investment Income Calculation

Income earned by insurance companies through investments. Insurance companies usually invest the float they received in stocks or bonds to generate additional income before the premium is paid to cover insurance losses.

Net Investment Income for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was HK$-18,546 Mil.

* 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.


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.

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

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