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PICC P&C Expects Personal Non-Auto Insurance Premiums to Exceed RMB 60 Billion in 2026

By Public Technologies
  • PICC P&C expects personal non-auto insurance premiums to exceed RMB 60 billion in 2026.
  • Premiums in that business reached RMB 50.3 billion in January-September, up 16.3% year over year.
  • Under an optimistic scenario, sci-tech activity insurance premiums could exceed RMB 10 billion during 2026-2030, driving broader sector premiums above RMB 100 billion.
  • Its broad science and technology insurance premiums exceeded RMB 20.9 billion in 2025, ranking first by market share.
  • Underwriting costs should gradually improve in 2028-2029, with science and technology insurance enhancing corporate business profitability toward the plan’s end.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. PICC Property & Casualty Co. Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20261105-12402651), on November 05, 2026, and is solely responsible for the information contained therein.

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