Ping An Insurance

Ping An Insurance
Native name
中國平安保險
Company typePublic
IndustryFinancial services
Founded1988; 36 years ago (1988)
FounderMa Mingzhe
Headquarters,
China
Area served
Worldwide
Key people
Ma Mingzhe (Chairman), Xie Yonglin (President & Co-CEO), Michael Guo (Co-CEO and Senior Vice President)
Services
RevenueIncrease CN¥554,097 Million (1H2024)
Decrease CN¥78,482 Million (1H2024)
Increase CN¥74,619 Million (1H2024)
Total assetsIncrease CN¥12,226,666 Million (1H2024)
Total equityIncrease CN¥1,264,950 Million (1H2024)
Owners
  • CP Group Ltd. (5.30%)
  • Shenzhen Investment Holdings Co., Ltd.(5.29%)
  • (as of 30 June 2024)
Number of employees
Approx. 288,751 [1]
Websitehttps://group.pingan.com
Footnotes / references
in a consolidated basis[2]

Ping An Insurance known also as Ping An of China (simplified Chinese: 中国平安; traditional Chinese: 中國平安; pinyin: Zhōngguó Píng Ān), full name Ping An Insurance (Group) Company of China, Ltd. is a Chinese financial services holding company whose subsidiaries provide insurance, banking, asset management, financial services. The company was founded in 1988 and is headquartered in Shenzhen. "Ping An" literally means "safe and well". It is ranked as China’s 6th largest company.

In 2024, Ping An ranked 29th on the Forbes Global 2000 list and 53rd on the Fortune Global 500 list.[3] Ping An has been ranked by Brand Finance as the world's most valuable insurance brand for six years running.[4]

Ping An Insurance is one of the top 50 companies in the Shanghai Stock Exchange. It is also a constituent stock of Hang Seng Index, an index of the top companies in the Hong Kong Stock Exchange. Ping An Insurance was also included in the pan-China stock indices CSI 300 Index,[5] FTSE China A50 Index[6] and Hang Seng China 50 Index.[7]

  1. ^ "Ping An 2023 Annual Results" (PDF). Ping An. Retrieved 22 March 2024.
  2. ^ "2018 Audited Results" (PDF). Ping An Insurance. Hong Kong Stock Exchange. 12 March 2021. Archived (PDF) from the original on 21 October 2016. Retrieved 9 April 2021.
  3. ^ "The Global 2000". Forbes.
  4. ^ "World's top 5 most valuable insurance brands retain their ranks through innovation and adaptability strategies: Brand Finance Insurance 100 2024 report". Brand Finance. Retrieved 19 March 2024.
  5. ^ "CSI 300" (PDF). China Securities Index.
  6. ^ "FTSE China Indexes". FTSE Russell. 18 August 2024.
  7. ^ "Hang Seng China 50 Index".