The People's Insurance Company (Group) of China Ltd - Company Profile
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The People's Insurance Company (Group) of China Ltd (PICC) offers a diversified range of insurance products in China. Cash position, gross written premiums and solvency position are its major strengths, even as its geographic concentration remains a cause for concern. Growing life and non-life insurance segments and short-term outlook in China could offer growth opportunities to PICC. However, intense competition, fluctuations in interest rates and risks related to online identity theft and hacking could affect the group’s operating performance.
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