Ping An Healthcare & Technology News

China’s Insurance Giant Ping An Increasingly Focuses on ‘Technology Plus Finance’

Just 31 years after it was founded in China’s southern city of Shenzhen, Ping An Insurance (Group) Co. has grown into the world’s second-largest insurer by market value after Berkshire Hathaway Inc.β€”more valuable than Allianz SE and AIA Group Ltd. …

China’s Biggest Insurer, Ping An, Plans $2B IPO of Health Tech Unit

Ping An Insurance Group Co., China’s biggest insurer by market value, is planning a Hong Kong initial public offering of its health-care technology unit that could raise about $2 billion, people with knowledge of the matter said. A listing of …

China’s Ping An Insurance Profits Rise 34% in First Half, Biggest in 10 Years

Ping An Insurance Group Co of China , the country’s largest insurer by market value, on Tuesday reported its biggest half-yearly profit in at least a decade on robust customer growth. The results underline strength in Ping An’s business versus …

China’s Tech-Focused Insurer Ping An May Be Poised for Major Asian Growth Leap

China’s Ping An Insurance (Group) Co. has 23,000 research staff, 500 big-data scientists and spends billions of dollars a year on R&D. Last year, it attracted 46 million new customers, equivalent to the population of Spain — almost all of …