WORLDKINGS - Worldkings News - Asia Records Institute (ASRI) Ping An Insurance: World’s largest insurance company

21-05-2022

(WorldKings.org) China’s Ping An group held on as the highest-ranked insurance company on the Global 2000 (ranked 17 on the list), though it has faced more challenges in the last year than many of its American and European counterparts. (Forbes)

Ping An Insurance known also as Ping An of China, full name Ping An Insurance (Group) Company of China, Ltd. is a Chinese holding conglomerate whose subsidiaries mainly deal with insurance, banking, asset management, financial services, healthcare, auto services and smart city. The company was founded in 1988 and is headquartered in Shenzhen.

Ping An Insurance is one of the top 50 companies on the Shanghai Stock Exchange. It is also a constituent stock of Hang Seng Index, an index of the top 50 companies on the Hong Kong Stock Exchange. Ping An Insurance was also included in the pan-China stock indices CSI 300 Index, FTSE China A50 Index and Hang Seng China 50 Index. Ping An Insurance has been selected for the 2019 Dow Jones Sustainability Emerging Markets Index (DJSI). It was the first insurance company from mainland China to be selected on the index.

Ping An has operations across all of the People's Republic of China, and in Hong Kong and Macau through Ping An Insurance Overseas. Lufax, OneConnect and Ping An Good Doctor have now expanded overseas. OneConnect is in 10 countries outside of China, serving about 27 top institutional financials.

According Wikipedia; Forbes


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