PICC P&C posts 26.2% fall in net profit for 9M’23
Reinsurance News - Oct 30, 2023
China’s PICC Property and Casualty Company (PICC P&C) reported a net profit of RMB19,386 million for the nine months ended September 30, representing a year-on-year decrease of 26.2%. The decline in net profit can be attributed to three main factors: the resurgence of auto transportation, the ad...
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