PICC Property And Casualty Company Ltd operates in the Fire, marine, and casualty insurance sector.
In addition to historical fundamental analyses, the complete report available to purchase compares PICC Property And Casualty Company Ltd with three other
insurance companies in Asia:
MS&AD Insurance Group Holdings, Incorporated
sales of 4.80 trillion Japanese Yen [US$43.15 billion]
of which 56%
was Property And Casualty Insurance Business),
SOMPO Holdings Inc
(3.23 trillion Japanese Yen [US$29.00 billion]
of which 70%
was Casualty insurance-Domestic), and
Tokio Marine Holdings Incorporated
based in Japan
(4.46 trillion Japanese Yen [US$40.08 billion]
of which 61%
was Domestic Damage Insurance Business).
PICC Property And Casualty Company Ltd reported sales of 285.62 billion Chinese Renmimbi (US$42.21 billion)
December of 2016.
increase of 7.9%
versus 2015, when the company's sales were 264.75 billion Chinese Renmimbi.
Sales at PICC Property And Casualty Company Ltd have increased during each of the previous five years
(and since 2011, sales have increased a total of 105%).
Sales of Accidental Injury saw an increase
that was more than double the company's growth rate: sales were up
30.5% in 2016, from
15.19 billion Chinese Renmimbi to 19.83 billion Chinese Renmimbi.
PICC Property And Casualty Company Ltd also saw significant increases in sales in
Motor Vehicle (up 10.3% to 209.67 billion Chinese Renmimbi)
Liability (up 14.1% to 9.57 billion Chinese Renmimbi)
Other (up 15.6% to 7.07 billion Chinese Renmimbi)
Not all segments of PICC Property And Casualty Company Ltd experienced an increase in sales in 2016:
sales of Cargo fell 8.0% to 2.16 billion Chinese Renmimbi.
(However, this segment's sales were only a very small portion of the company's overall sales).
PICC Property And Casualty Company Ltd also experienced decreases in sales in
Agriculture (down 0.9% to 14.43 billion Chinese Renmimbi)
Commercial Property (down 4.7% to 7.53 billion Chinese Renmimbi)