PICC Property and Casualty Co Ltd Class H
02328: XHKG (HKG)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| ^% | LOCK|bsR | LOCK|jjKFsz@ |
PICC P&C Earnings: Auto Underwriting Margin Beats; Valuation Raised on Milder Catastrophe Impact
PICC P&C's interim underwriting profit and net profit rose 45% and 32% year on year, respectively, supported by a 1.4-point improvement in the combined ratio, or COR, and a 33% increase in investment income.
