Ping An Insurance Group [4] has settled more than 200 million claims with a total cost of 291.6 billion CNY (42.1 billion USD) during the financial year 2022.
This amount was paid to policyholders by the following four Chinese group member insurance companies:
- Ping An Life: 4.1 million claims for 79.6 billion CNY (11.5 billion USD)
- Ping An P&C: 190 million claims for 194 billion CNY (28 billion USD)
- Ping An Annuity: 15.99 million claims for 13.2 billion CNY (1.9 billion USD)
- Ping An Health: 2.45 million claims for 4.8 billion CNY (693 million USD)
Founded in 1988, Ping An will celebrate its 35th anniversary in 2023.