PICC P&C FY24 underwriting profit drops by 43.9% to US$759m
March 28 2025
by Kristina Shperlik

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March 28 2025
by Kristina Shperlik
PICC Property & Casualty (PICC P&C) recorded a 43.9% decline in underwriting profits to CNY5.7 billion (US$759 million) last year, the company said in its FY24 results.
The insurer, though, re…
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