PICC Property and Casualty Co Ltd Class H
02328: XHKG (HKG)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
HK$11.00 | Clr | Vkrbjqmvk |
PICC P&C Reported Stronger-Than-Expected Improvement in Nonauto Insurance for Q1
Business Strategy and Outlook
As China’s largest nonlife insurer, majority state-owned PICC P&C boasts first-mover advantage in major P&C insurance products, thanks to its extensive rural network and strong government support.