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Peoples Insurance Company of China 
Insurance and reinsurance / Insurance and Financial Services
At a Glance | Core Facts | Company Due Diligence: | Industry Due Diligence: | Competitors | Stock Swings | News | Income | Balance | Cash Flow | Growth | Enterprise | Ratios | Metrics | Dividends | Risks | SWOT | Porter's Five Forces | PEST | Score Positive | Clusters | Reports | Web1. Poor Underwriting: PICC has been subject to criticism for its poor underwriting practices. It has been accused by many of providing inadequate coverage for claims and of stifling competition.
2. Lack of Innovation: PICC has been slow to respond to changes in the global insurance market, such as the introduction of new products or services, and has been accused of providing a conservative approach to innovation.
3. Financial Weakness: PICC’s financials have been weak in recent years and the company has reported losses in some quarters and its share price has dropped.
4. Compliance Issues: PICC has been accused of not adhering to some international regulations and laws.
5. Counterparty Risk: PICC is exposed to counterparty risk, which means it could be exposed to a potential loss if a third party fails to meet their side of an agreement.
6. Fraudulent Claims: There have been reports of fraudulent claims against PICC from customers.
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