Ping An Insurance (Group) Company of China, Ltd.
PIAIF
Other OTC7.92
USD
-0.18
- -
ISIN
CNE1000003X6
Return %
Stock
S&P500
1Y
32.00
26.53
3Y
19.82
76.60
5Y
-26.53
80.11
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Yonglin Xie
- Full Time Employees
- 273,053
- Sector
- Financial Services
- Industry
- Insurance - Diversified
- Address
- Ping An Finance Center Shenzhen People's Republic of China 518033
- IPO Date
- Dec 18, 2007
- Website
- pingan.com
- Similar Companies
- Business
- Ping An Insurance (Group) Company of China, Ltd. (PIAIF) operates as an integrated financial services holding company, offering a comprehensive range of insurance, banking, asset management, and financial services through its subsidiaries. The company provides life insurance, health insurance, pension products, and property and casualty insurance, including auto, corporate property, engineering, cargo, liability, guarantee, credit, home contents, accident, and health coverage; it also delivers banking, trusts, securities, futures, financial leasing, and healthcare management services such as family doctor programs, health assessments, reward initiatives, home-based senior care, and high-end elderly care communities. Ping An Life, Ping An Annuity, Ping An Health, and Ping An Property & Casualty constitute its core insurance arms, with additional offerings in wealth management, investment-linked products, and "insurance + service" solutions integrating finance with health and senior care ecosystems. Founded in 1988 in Shenzhen, China, as the country's first joint-stock insurance company, Ping An is headquartered at the Ping An Finance Centre in Shenzhen and maintains primary operations across mainland China, Hong Kong, Macau, and select international markets through subsidiaries like Ping An Insurance Overseas, OneConnect, and Lufax. The group serves over 242 million retail customers, primarily individuals and corporations seeking health protection, pension reserves, wealth accumulation, and risk mitigation amid China's aging population and rising household wealth. It partners with top hospitals, doctors, pharmacies, and over 150 home-based senior care providers, emphasizing technology-driven distribution via apps like Ping An Auto Owner, which boasts over 218 million users. In recent developments, Ping An announced in early 2025 an offer to acquire the remaining shares in its healthcare arm, Ping An Healthcare and Technology Company Ltd., following an increase in ownership triggered by a special dividend in late 2024, to consolidate its "finance + healthcare" strategy. The company opened its first self-operated hospital in Shenzhen in November 2025 and unveiled the "Ancient Tree Guardian Action" at the UN Climate Change Conference (COP30) in November 2025, expanding green finance initiatives including its Carbon Sink Insurance program across 18 provinces. Additionally, Ping An enhanced its AI capabilities in February 2025 by integrating DeepSeek's model into Ping An Healthcare's platform for improved diagnostics and personalized health management, while reporting a 47.8% rise in 2024 net profit and steady growth in new business value through bancassurance and community finance channels. These moves underscore Ping An's focus on operational efficiency, cross-selling within its 250 million customer base, and synergies between financial services, healthcare, and senior care.
Short Interest in Ping An Insurance (Group) Company of China, Ltd. (OTCMKTS:PIAIF) Decreases By 13.7%
Ping An's Insurtech Story: Early Bet On Technological Transformation Is Paying Off (OTCMKTS:PIAIF)