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Ping An Insurance
Headquarters at Ping An International Finance Centre
Native name
中國平安保險
Company type
Public
Traded as
SSE: 601318 (A share)
SEHK: 2318 (H share)
SEHK: 82318 (Yuan share)
Hang Seng Index component
Industry
Financial services
Founded
1988; 36 years ago (1988)
Founder
Ma Mingzhe
Headquarters
Shenzhen
,
China
Area served
Worldwide
Key people
Ma Mingzhe (Chairman), Xie Yonglin (President & Co-CEO), Tan Sin Yin (Co-CEO)
Services
Insurance
General insurance
Health insurance
Vehicle insurance
Travel insurance
Home insurance
Life insurance
Mortgage loans
Investment management
Asset management
Mutual funds
Revenue
CN¥1,221,351 Million (2022)
Operating income
CN¥148,365 Million (2022)
Net income
CN¥83,774 Million (2022)
Total assets
CN¥11,137,168 Million (2022)
Total equity
CN¥1,175,298 Million (2022)
Owners
CP Group Ltd. (6.12%)
Shenzhen Investment Holdings Co., Ltd.(5.29%)
(as of 30 June 2023)
Number of employees
Approx. 344,223[1]
Website
https://group.pingan.com
Footnotes / references in a consolidated basis[2]
Ping An Insurance known also as Ping An of China (simplified Chinese: 中国平安; traditional Chinese: 中國平安; pinyin: Zhōngguó Píng Ān), full name Ping An Insurance (Group) Company of China, Ltd. is a Chinese financial services holding company whose subsidiaries provide insurance, banking, asset management, financial services. The company was founded in 1988 and is headquartered in Shenzhen. "Ping An" literally means "safe and well".
In 2023, Ping An ranked 16th on the Forbes Global 2000 list and 23rd on the Fortune Global 500 list.[3] Ping An ranked 30th among the World's top 500 Most Valuable Brands and fifth among global financial enterprises in the Global 500 2022 Report by Brand Finance.[4]
The company is considered to be the world's largest insurer, with US$121.7 billion net premiums written in 2020.[5] Its market capitalization was US$136 billion in March 2021, making it the largest insurer in the Asia-Pacific region.[6]
Ping An Insurance is one of the top 50 companies in the Shanghai Stock Exchange. It is also a constituent stock of Hang Seng Index, an index of the top 50 companies in the Hong Kong Stock Exchange. Ping An Insurance was also included in the pan-China stock indices CSI 300 Index,[7] FTSE China A50 Index[8] and Hang Seng China 50 Index.[9]
^"Ping An Insurance (Group) Co. of China Ltd". The Wall Street Journal. Retrieved 19 September 2023.
^"2018 Audited Results" (PDF). Ping An Insurance. Hong Kong Stock Exchange. 12 March 2021. Archived (PDF) from the original on 21 October 2016. Retrieved 9 April 2021.
^"The Global 2000". Forbes.
^"Global 500 2023" (PDF). Brand Finance.
^"The world's largest insurers".
^"Largest insurance companies worldwide as of July 2019, by market capitalization".
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Global Information
CN¥1,221,351 Million (2022)