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Ping An Insurance Group 

“Market Cap $66.13 B As of May 2014

At a Glance

  • Industry: Diversified Insurance
  • Founded: 1988
  • Country: China
  • CEO: Mingzhe Ma
  • Website: www.pingan.com.cn
  • Employees: 203,366
  • Sales: $58.97 B
  • Headquarters: Shenzhen

Forbes Lists

#62 Global 2000

  • #133 in Sales
  • #128 in Profit
  • #57 in Assets
  • #132 in Market value
Profile

Ping An Insurance (Group) Co. of China Ltd. engages in the provision of financial products and services. The company primarily engages in the business of insurance, banking and investment. Its activities also include investment in financial and insurance enterprises and investment deployment. The company operates through the following segments: Life Insurance, Property & Casualty, Banking, Securities and Corporate. The Life Insurance segment offers life insurance products such as term, whole-life, endowment, annuity, investment-linked, universal life, and healthcare insurance. The Property & Casualty Insurance segment offers insurance products, including automobile, non-automobile, and accident and health insurance. The Banking segment undertakes loan and intermediary business, and wealth management and credit card services. The Securities segment involves brokerage, trading, investment banking, and the provision of asset management services. The Corporate segment includes the management and support of the Group’s business through its strategy, risk, treasury, finance, legal, human resources functions, etc. Ping An Insurance was founded on March 21, 1988 and is headquartered in Shenzhen, China.

*Information from Forbes.com

**Video published on YouTube by “VRHK2013