- Reuters•4 months ago
Years of breakneck growth for China's top insurers has been partly fuelled by a splurge on risky investment products that could punch multi-billion-dollar holes in their balance sheets if the slowing economy triggers heavy debt defaults. Industry premiums have increased by an average 13.4 percent a year since 2010, according to the China Insurance Regulatory Commission (CIRC), but in an environment of low interest rates and unreliable stock markets, insurers have increasingly looked to alternative investments to make the returns they need to service their growing business.
- Moody's•8 months agoChina Life Insurance Co Ltd -- Moody's changes eight Chinese and Hong Kong insurers' outlook to negative following sovereign rating action
Hong Kong, March 03, 2016-- Moody's Investors Service has changed to negative from stable the rating outlook of seven Chinese and Hong Kong insurers, and to negative from positive the rating outlook of ...
- Moody's•last year
Hong Kong, September 02, 2015-- Moody's Investors Service has affirmed the A2 insurance financial strength ratings of several property casualty insurance subsidiaries of American International Group, Inc. ...
The People's Insurance Company (Group) of China Limited (1339.HK)
HKSE - HKSE Delayed Price. Currency in HKD
|Day's Range||3.11 - 3.14|
|52wk Range||2.65 - 4.28|
|1y Target Est||N/A|
|P/E Ratio (ttm)||5.75|
|Avg Vol (3m)||23,279,927|
|Dividend & Yield||N/A (N/A)|