PICC Property and Casualty Co Ltd Class H
02328: XHKG (HKG)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
HK$19.00 | Hzd | Lkzrqbqr |
PICC P&C’s Underwriting Margin Continued To Outperform Its Peers
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.