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 Insurance reports 47.8% rise in 2024 net profit
Ping An Insurance reports 47.8% rise in 2024 net profit
Life & Health new business value (NBV) increased 28.8% YoY.
Ping An P&C, FAW Hongqi launch intelligent driving protection services
Ping An P&C developed the first full-scenario solution for intelligent driving.
Ping An remains world’s top insurance brand at $34b: Brand Finance
India’s Life Insurance Corporation’s brand value rose by 36%.
Ping An, Collinson International ink deal for flight delay benefit
Customers are granted access to the lounge or a chosen benefit.
PAObank secures insurance agency licence
It also inked a deal with China Ping An Insurance and FWD Hong Kong.
Ping An integrates AI, big data roles in latest recruitment
The AI aims to assist in job matching, interviews, and salary negotiations.
Ping An Insurance partners with UK firm for advanced flood risk management
The agreement marks JBA’s first partnership in China.
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.
Commentary
The increasing number of affluent individuals in India and their evolving insurance needs
Rethinking insurance for the masses