Jessica Tan, chief operating officer of Ping An Insurance, said the company invests the equivalent of 1 per cent of annual revenue in technology development. Photo: Nora Tam

Ping An Insurance to maintain US$1b annual investment in internet

China’s second largest insurer to invest more in internet finance, health care, real estate and cars to meet customers’ personal finance and lifestyle needs

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Jessica Tan, chief operating officer of Ping An Insurance, said the company invests the equivalent of 1 per cent of annual revenue in technology development. Photo: Nora Tam
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