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ZhongAn Online P&C Insurance Co (HKSE:06060) Net Investment Income : HK$778 Mil (As of Dec. 2023)


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What is ZhongAn Online P&C Insurance Co Net Investment Income?

Net investment income is the income earned by insurance companies through investments.ZhongAn Online P&C Insurance Co's net investment income for the six months ended in Dec. 2023 was HK$59 Mil. Its net investment income for the trailing twelve months (TTM) ended in Dec. 2023 was HK$778 Mil.

ZhongAn Online P&C Insurance Co's quarterly net investment income increased from Dec. 2022 (HK$-1,663 Mil) to Jun. 2023 (HK$719 Mil) but then declined from Jun. 2023 (HK$719 Mil) to Dec. 2023 (HK$59 Mil).

ZhongAn Online P&C Insurance Co's annual net investment income declined from Dec. 2021 (HK$155 Mil) to Dec. 2022 (HK$-2,094 Mil) but then increased from Dec. 2022 (HK$-2,094 Mil) to Dec. 2023 (HK$778 Mil).


ZhongAn Online P&C Insurance Co Net Investment Income Historical Data

The historical data trend for ZhongAn Online P&C Insurance Co'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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ZhongAn Online P&C Insurance Co Net Investment Income Chart

ZhongAn Online P&C Insurance Co 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 189.05 -30.25 155.21 -2,093.98 778.30

ZhongAn Online P&C Insurance Co Semi-Annual Data
Dec14 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 41.08 -452.69 -1,662.72 719.13 59.17

ZhongAn Online P&C Insurance Co 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$778 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.


ZhongAn Online P&C Insurance Co (HKSE:06060) Business Description

Traded in Other Exchanges
Address
219 Yuanmingyuan Road, Shanghai, CHN
ZhongAn was founded by Ant Financial, Tencent, Ping An Insurance, and other well-known enterprises in 2013 and is headquartered in Shanghai. The company is the first internet-based insurance company in China. It provides online underwriting and claim services through the internet without any offline branches. ZhongAn was listed in September 2017 in Hong Kong. Besides the online insurance segment, the company operates technology and banking segments. Its insurance technology segment exports digital operating system, middle platforms, and industry models to licensed financial players both domestically and overseas. Its banking segment, through Hong Kong-based virtual bank ZA Bank, offers similar services as traditional offline banks but without an offline presence.

ZhongAn Online P&C Insurance Co (HKSE:06060) Headlines

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