The People's Insurance Company (Group) of China Limited (PINXY)
The People's Insurance Company (Group) of China Limited operates in the Insurance - Property & Casualty industry of the Financial Services sector, headquartered in Beijing, BE, CN. The stock last traded at $13.40, up 6.69% on the session, giving a market capitalisation of $29.63B. On trailing twelve-month figures it carries a trailing P/E of 7.23, a net margin of 6.5%. Its beta of 0.60 implies it has historically moved less than the broad market.
The People's Insurance Company (Group) of China Limited, founded in 1949 and based in Beijing, People's Republic of China, operates as an investment holding entity primarily involved in the country's insurance industry. Its diverse business is structured across several key divisions: Non-Life Insurance, Life Insurance, Health Insurance, Asset Management, and other supplementary services. The company's non-life offerings feature a broad array of property and casualty coverage. This includes protection for vehicles, commercial properties, liability, credit, cargo, agricultural risks, and personal accident and health. For individuals, it provides comprehensive life insurance options, such as general, participating, and universal life policies, in addition to specific accident coverage. Its health insurance products span medical, illness, nursing care, and disability loss benefits, alongside participating endowment plans. Beyond its core underwriting functions, the firm also engages in asset management, acts as an insurance agent, offers reinsurance services, and delivers integrated financial solutions.
The People's Insurance Company (Group) of China Limited is most often compared with the following Financial Services names: