601318 On Other Exchanges
Hong Kong
text size: T | T
Back to Snapshot
Company Description

Contact Info

Galaxy Development Center

Offices at 15, 16, 17, 18 Floors

Fu Hua No. 3 Road

Futian District

Shenzhen, 518048


Phone: 86 40 0886 6338

Fax: 86 755 8243 1029

Ping An Insurance (Group) Company of China, Ltd., through its subsidiaries, provides financial products and services in the People’s Republic of China. INSURANCE The company engages in the property and casualty insurance business. The company provides insurance related services through its four subsidiaries, including: Ping An Life, Ping An Property & Casualty, Ping An Annuity and Ping An Health. Ping An Life: Ping An Life, through its 35 provincial branches and approximately 2,000 branch offices and outlets, provides individual and group customers with life insurance products. As of December 31, 2008, Ping An Life had approximately 36.49 million individual customers and 460,000 corporate customers. Ping An Annuity: Ping An Annuity provides clients with a portfolio of professional services including fiduciary management, investment management and account management. Ping An Health: Ping An Health is principally engaged in providing domestic and overseas corporate and individual customers with various health insurance products and professional services. Property and casualty insurance business The company conducts property and casualty insurance business mainly through Ping An Property & Casualty. Furthermore, Ping An Hong Kong also offers property and casualty insurance service in the Hong Kong market. BANKING The company conducts its banking business through Ping An Bank. Ping An Bank provides various products and services, including deposits, loans, foreign exchange, credit cards and wealth management. Ping An Bank is extending its nationwide presence, with branches extending from its Shenzhen headquarter to Shanghai, Fuzhou, Quanzhou, Xiamen and Hangzhou. INVESTMENT Ping An Asset Management, Ping An Asset Management (Hong Kong), Ping An Securities and Ping An Trust together form the investment and asset management platform of the company. Ping An Asset Management and Ping An Asset Management (Hong Kong) manage the company's insurance funds, as well as investment assets of other Ping An subsidiaries. In addition, the two companies provide products and services for other investors. Ping An Trust and Ping An Securities provide customers with asset management services, including wealth management products and trust schemes. The company invested its managed assets not only in the capital market but also in other sectors, such as infrastructure, property and direct equity investments. Ping An Securities provides brokerage, investment banking and financial advisory services. History Ping An Insurance (Group) Company was founded in 1988. The company was formerly known as Ping An Insurance Company of China, Ltd. and changed its name to Ping An Insurance (Group) Company of China, Ltd. in April 2002.


The information and data displayed in this profile are created and managed by S&P Global Market Intelligence, a division of S&P Global. Bloomberg.com does not create or control the content.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

601318 Competitors

Market data is delayed at least 15 minutes.

Company Last Change
No competitor information is available for 601318.
View Industry Companies

Industry Analysis


Industry Average

Valuation 601318 Industry Range
Price/Earnings 10.1x
Price/Sales 0.8x
Price/Book 1.7x
Price/Cash Flow 6.1x
TEV/Sales NM Not Meaningful

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact PING AN INSURANCE GROUP CO-A, please visit www.pingan.com. Company data is provided by S&P Global Market Intelligence. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.