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PPCCY (PICC Property and Casualty Co) Unpaid Loss & Loss Reserve : $52,830 Mil (As of Jun. 2024)


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What is PICC Property and Casualty Co Unpaid Loss & Loss Reserve?

PICC Property and Casualty Co's annual unpaid loss & loss reserve increased from Dec. 2021 ($49,851 Mil) to Dec. 2022 ($50,476 Mil) and increased from Dec. 2022 ($50,476 Mil) to Dec. 2023 ($52,156 Mil).

PICC Property and Casualty Co Unpaid Loss & Loss Reserve Historical Data

The historical data trend for PICC Property and Casualty Co'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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PICC Property and Casualty Co Unpaid Loss & Loss Reserve Chart

PICC Property and Casualty Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Unpaid Loss & Loss Reserve
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21,097.14 23,705.75 49,850.53 50,475.78 52,156.38

PICC Property and Casualty Co Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Unpaid Loss & Loss Reserve 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 29,514.88 50,475.78 51,210.94 52,156.38 52,829.61

PICC Property and Casualty Co 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.

PICC Property and Casualty Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » PICC Property and Casualty Co Ltd (OTCPK:PPCCY) » Definitions » Unpaid Loss & Loss Reserve
Comparable Companies
HKSE:01339 HKSE:06963 HKSE:06060 HKSE:00222 PGR CB TSE:8766 TRV ALL TSX:IFC HIG TSE:8725 TSX:FFH TSE:8630 MKL WRB CINF ASX:QBE L ASX:SUNDD
Traded in Other Exchanges
PPCCF:USA 02328:Hong Kong PJC:Germany
Address
Tower 2, No. 2 Jianguomenwai Avenue, Chaoyang District, Beijing, CHN, 100022
Website
https://property.picc.com
With headquarters in Beijing, PICC P&C is China's largest nonlife insurer, commanding nearly 33% market share in the country. It was founded by the People's Bank of China in 1949. The company is a flagship subsidiary of the PICC Group, a state-owned insurance group, which owns 69% of PICC P&C. The company offers a wide range of nonlife insurance products, including auto, commercial property, liability, credit and surety bond, accidents and health, energy and aerospace, and agricultural insurance.

PICC Property and Casualty Co Headlines

From GuruFocus

PICC Property and Casualty Co Stock Is Believed To Be Modestly Undervalued

By GF Value GF Value • 06-10-2021