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's net profits soars 36.1% YoY to RMB119.18b
Ping An's net profits soars 36.1% YoY to RMB119.18b
Its segments collectively contributed RMB119.65b in operating profit.
Ping An Health sees strong return on equity continuity
It reported capital and surplus (C&S) of $1.22b in 2023.
Ping An bags $12b net profit in H1 2024
An interim dividend of $0.13 per share in cash was declared.
Ping An’s green insurance premium hit $5.2b in 2023
Its green loan balance amounted to $20.4b.
Global insurers see 6.2% growth in average premiums
China Life Insurance topped its regional peers and was in 5th place globally.
Ping An’s convertible bond aims for 5% return on proceeds
Proceeds will be used to support initiatives in healthcare and eldercare.
Ping An upgrades proactive health management system
Nearly 13 million users were enrolled in the family doctor membership last year.
Ping An Tops China's insurance firms in Forbes list
Globally, it placed 6th amongst Chinese companies.
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.
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