Ping An Insurance (Group) Company of China, Ltd. Overview
Pro stress-test →Ping An Insurance provides financial products and services for life insurance, property and casualty insurance, trust, securities, banking, and other businesses in the People's Republic of China. In 2024, Ping An ranked 29th on the Forbes Global 2000 list and has been ranked by Brand Finance as the world's most valuable insurance brand for six years running.
Strategic Profile
Pro stress-test →Ping An is China's second-largest life and P&C insurer and strives for an integrated financial services platform comprising life insurance, P&C insurance, banking, and other financial services. These business segments contributed 58%, 11%, 32%, and negative 4% of the company's pretax profits, respectively, in 2024.
Competitive Landscape
Pro stress-test →Ping An is China's second-largest life and P&C insurer. Key competitors in the Chinese insurance market include China Life Insurance and China Pacific Insurance. The company differentiates through integrated financial services offerings including banking, wealth management, and digital health platforms.
Industry Context
Ping An Insurance (Group) Company of China, Ltd. operates in Financial Services - Insurance.
Key facts
Founded: 1988 · Headquarters: Shenzhen, China · Employees: 273,053 · Revenue: $963.64B · Market cap: $1.17T