China Taiping Insurance Holdings Company Limited (CTIHY)
China Taiping Insurance Holdings Company Limited operates in the Insurance - Life industry of the Financial Services sector, headquartered in Hong Kong, HK. The stock last traded at $68.96, up 0.00% on the session, giving a market capitalisation of $9.91B. On trailing twelve-month figures it carries a trailing P/E of 2.83, a net margin of 17.3%. Its beta of 0.96 implies it has historically moved less than the broad market.
China Taiping Insurance Holdings Company Limited operates as an investment holding entity primarily engaged in the underwriting of a diverse array of insurance and reinsurance products. Its operational footprint spans across the People's Republic of China and extends internationally. The company's core business is segmented into three principal divisions: Life Insurance: This segment is dedicated to offering a range of life insurance products, encompassing individual and group coverage, health-related policies, accident insurance, and various annuity plans. Property and Casualty Insurance: This division provides solutions including mandatory motor vehicle insurance, various liability policies, credit and guarantee insurance, short-term accident and health coverage, along with associated reinsurance services. Reinsurance: The Reinsurance division specializes in offering coverage for property damage, life, marine cargo and hull, and a variety of miscellaneous non-marine risks. Beyond its core underwriting activities, the company diversifies its operations into asset management, financial leasing, and property investment. It also engages in securities dealing and broking, and actively invests in elderly care services. Furthermore, China Taiping manages various investment funds, offers corporate and personal retirement insurance solutions, facilitates back-to-back financing arrangements, and provides insurance brokerage and agency services. Originally incorporated in 2000, the company operated under the name China Insurance International Holdings Company Limited until its rebranding as China Taiping Insurance Holdings Company Limited in August 2009. Headquartered in North Point, Hong Kong, it functions as a subsidiary of China Taiping Insurance Group (HK) Company Limited.
China Taiping Insurance Holdings Company Limited is most often compared with the following Financial Services names: