Ping An
Considered China's biggest insurer, the Ping An Group is a Chinese holding conglomerate that mainly deals in insurance. It has over 227 million retail customers and nearly 647 million internet users.
See below for the Latest Ping An News, Analysis, Profit Results, Share Price Information, and Commentary.
Ping An Life to see 15% YoY NBV growth in Q1’24 – Nomura
A catalyst could be the low base effect in the first two months of COVID restrictions.
Ping An Life to see 15% YoY NBV growth in Q1’24 – Nomura
A catalyst could be the low base effect in the first two months of COVID restrictions.
Ping An advances green insurance, increases premiums in FY23
In its sustainability report, the insurer shared 10 achievements for 2023.
Ping An posts $16.3b operating profit in 2023
Life & Health experienced steady business growth.
Ping An P&C's favourable business profile in China's insurance market – AM Best
AM Best assessed Ping An P&C to have a favourable business profile.
Ping An denies news of takeover move: Report
The insurer denied taking a controlling stake in the troubled Country Garden.
Ping An’s 9M23 profits register $12b
Retail customers reached almost 230 million, with a contract ratio of 2.99.
Ping An Insurance unveils first mangrove conservation trust
It received an initial donation of RMB10m.
Ping An makes management shifts, names Xiaotao as co-CEO
The former co-CEO has resigned due to personal reasons.
Ping An Life, P&C segments saw rise in 1H 2023 performance
The group’s operating profit reached RMB82.0b.
Ping An reveals impact of transition to IFRS 17
Ping An will continue to disclose several important financial metrics regarding the impact.
World Bank taps Ping An Insurance executive for investment lab
The lab is aimed at mobilising capital effectively to address climate change and poverty.
Ping An granted top 1% in ESG amongst Chinese firms: S&P
S&P Global debuts its China edition of the Global Sustainability Yearbook.
Ping An paid out over 200 million cases in 2022
P&C claims had the most paid coverage with RMB194b.
Ping An’s net profit drops to RMB83.8b in 2022
The insurer attributed the decline to the volatility of capital markets.
Ping An launches new home-based elderly care insurance
The product provides wealth protection and elderly care services.
Ping An net income climbs 3.9% in H1 2022
The group reported a 20.4% ROE for the first half of 2022
Ping An eyes $39.28b in green insurance premiums by 2025
The group recently released its 2021 sustainability report.
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