• Fri
  • Jul 25, 2014
  • Updated: 11:44am

Ping An Insurance

Ping An Insurance (Group) Company of China, Ltd. is a Shenzhen-based holding company whose subsidiaries mainly deal with insurance and financial services. The company was founded in 1988.

Strong profit growth forecast for Chinese life insurers

The mainland's life insurers are poised to report robust growth in profit last year on the back of strong investment income, but the value of new business for most firms is expected to have remained stagnant amid fierce competition.

Monday, 10 March, 2014, 11:39pm

Chinese insurers eye opportunities in online payment services

Payment platforms have emerged as a new battlefield for Chinese insurers, who see internet finance as being increasingly lucrative, but their ambitions could be hindered by concerns over cost and competition from e-commerce giants, analysts said.

28 Feb 2014 - 8:17am

Ping An Insurance eyes high-yielding overseas properties

Ping An Insurance, which made its first overseas property acquisition in July, is seeking high-yielding offshore property investments and says it is flexible about teaming up with partners to explore opportunities.

7 Nov 2013 - 3:10am

Volatile markets push Ping An into fixed income

Ping An Insurance said it would add holdings in fixed-income investments and bonds in the second half of this year as capital markets remain uncertain on tight liquidity.

31 Aug 2013 - 4:02am

Ping An Insurance profit rises 28 per cent to 17.91 billion yuan

Ping An Insurance, the mainland's second-largest insurer, posted stronger-than-expected first-half profit growth of 28.3 per cent, boosted by improved investment income and contributions from its banking operation.

30 Aug 2013 - 3:40am

Chinese insurers set for more deals

Ping An Insurance (Group)'s £260 million (HK$3.07 billion) purchase of the Lloyd's Building in London was the first direct overseas property acquisition by mainland insurance companies. It will not be the last.

22 Jul 2013 - 2:51am

Ping An buys London building as China's insurers seek higher returns

Ping An Insurance, the mainland's second-largest life insurer, has become the country's first insurance company to diversify into the overseas property market, spending £260 million (HK$3 billion) to buy the iconic Lloyd's building in London.

9 Jul 2013 - 5:01am

Ping An, Jahwa end dispute as chairman Ge Wenyao stays in job

The high-profile fight between Shanghai Jahwa United's management and its major shareholder, Ping An Insurance, ended happily yesterday, with a mouthpiece of the Chinese communist party calling on both sides to give priority to investors' interests.

17 May 2013 - 4:06am

Cosmetics firm fights its biggest stakeholder

A conflict that pitted management at the cosmetics firm Shanghai Jahwa United against its major shareholder, Ping An Insurance, has caused concern among mainland equity investors as top executives slug it out.

15 May 2013 - 4:01am

Ping An aims to cut equities weighting

Ping An Insurance Group, the second-biggest insurer by premium, says it is gradually moving into property and corporate bonds to reduce its dependence on equity returns amid the raging volatility in capital markets.

16 Mar 2013 - 3:32am