PICC P&C to inject 2 billion yuan into PICC Reinsurance
Reinsurance News - Oct 13, 2023
China’s PICC Property and Casualty Company (PICC P&C) has entered into a capital increase agreement with PICC Group and PICC Reinsurance, under which the reinsurer will receive a capital increase of 2 billion yuan (USD 274 million). The announcement from PICC P&C confirms that PICC Gro...
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