Top 50 largest companies in the world 2022 (P.17) Ping An Insurance: World’s largest insurance company


( 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.

Ping An Insurance is one of the top 50 companies in the Shanghai Stock Exchange.[6] 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, FTSE China A50 Index and Hang Seng China 50 Index.

Ping An Insurance Group started off in 1988 as a property and casualty insurance company, later diversifying into insurance, banking, asset management, financial services and healthcare services.

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.

The company 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 Insurance consistently ranks as one of the world's top global insurance brand, and as of 2021, was the most valuable global financial brand in the world, according to Brand Finance.

In Global 2000 2022 list of Forbes, Ping An was ranked 27 in Sales, 49 in Profit, 24 in Assets, and 104 in Market value.

According to Wikipedia; Forbes

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