Focus, Reports

Key landmarks in Ping An Insurance’s history
Mar 2023
  • 1988
    Establishment of Shenzhen Ping An, the first private insurance company in China
  • 1991
    Establishment of "Securities business", a securities company
  • 1992
    New name adopted: Ping An of China
  • 1993
    Collaboration with Guohua Life Insurance, Taïwan
  • 1994
    - Morgan Stanley and Goldman Sachs take a stake in Ping An
    - Start of life insurance business
  • 1995
    Establishment of Ping An Securities Company
  • 1996
    - Establishment of Ping An Trust
    - Acquisition of ICBC Pearl River Delta Financial Trust Joint Company, renamed Ping An Trust & Investment Company
  • 1997
    Rapid development of Ping An's life business, which became the group's main class of business
  • 1999
    Launch of new products in cooperation with Prudential
  • 2002
    - Acquisition of 10% of the capital by HSBC
    - The premiums reach 50 billion CNY (6 billion USD) and the assets 100 billion CNY (12.1 billion USD)
  • 2003
    - Establishment of Ping An Insurance (Group) Company of China, Ltd
    - Acquisition de Fusian Asia Bank
  • 2004
    - Listing on the Hong Kong Stock Exchange
    - Start of the banking business
    - Establishment of Ping An Annuity
  • 2005
    - The group's market value exceeded 100 billion CNY (12 billion USD)
    - Establishment of Ping An Health Insurance
  • 2006
    - Centralization of operations within an integrated platform
    - Establishment of Ping An Asset Management
  • 2007
    Ping An Group listed "A" on the Shanghai Stock Exchange
  • 2008
    Ping An enters the "Fortune 500 Company" ranking
  • 2011
    Acquisition of Shenzhen Development Bank
  • 2012
    - Establishment of Lufax
    - Sale of 15.6% of HSBC's shares in Ping An to Charoen Pokphand Group, Thailand, (CP Group) for 9.4 billion USD
  • 2013
    Merger between Ping An Bank et Shenzhen Development Bank
  • 2014
    Ping An, ranked as the world's leading insurance brand
  • 2016
    - Insurance premiums exceed 300 billion CNY (43 billion USD)
    - The company is listed in Fortune magazine's Top 50
  • 2017
    - Record market capitalization of over 1 trillion CNY (154 billion USD)
    - Acquisition of a 5.01% stake in HSBC for 9.92 billion USD
  • 2018
    - Ping An Good Doctor listed on the Hong Kong Stock Exchange
    - Establishment of the "Rural Communities Support" program"
  • 2019
    - OneConnect goes public on the New York Stock Exchange
    - Number of retail customers exceeds 200 million
  • 2020
    - Lufax goes public on the New York Stock Exchange
    - Creation of new health products to fight Covid-19
  • 2021
    - Group's net assets reach 1.569 billion USD
    - In June, Charoen Pokphand Group (CP Group) reduces its shareholding in Ping An to 6.85%
  • 2022
    - “CSR Initiative of the Year” award granted to Ping An Property and Casualty Insurance
    - Ping An named China’s best Bank for digital solutions
Ping An Insurance
Ping An Insurance Group: the Chinese giant’s story
Mar 2023
Founded in 1988 by Peter Ma in Shenzhen, South China, Ping An was originally a non-life insurance company that expanded into life insurance before moving into financial and technology services a few years later.
Careers in insurance companies: professions related to technological revolution
Mar 2023
The digital turning point that has affected the insurance industry in its entirety led to a gradual evolution of professions.
Women's place in the working world in 2021
Mar 2023
Since the mid-19th century, women have gradually become more involved in the world of work. Being a cheaper workforce than men, they represented a source of profit for industrialists at the time.
Insurance companies up against systemic risk
Jan 2023
The state of bankruptcy of an insurance company
Jan 2023
List of the main guarantee funds by country
Jan 2023
Bankrupt insurance companies: 1992-2022
Jan 2023
The cyber insurance market
Dec 2022
Cybercrime: economic cost and response of public authorities
Dec 2022
Cyber risks in 2022: targeted regions and sectors
Dec 2022
The CIMA zone insurance market
Dec 2022
Natural disasters in 2022: colossal claims amounts
Nov 2022
Global reinsurance market: 2023 renewal special
Nov 2022
Despite the increase in their premium income, reinsurers have sustained a significant deterioration in their results over the last five years. Except for 2021, a year of respite, the non-life combined ratio of all companies stands at 102.6% over the period 2017-2021.
Reinsurers’ expectations from the January 2023 renewal
Nov 2022
In a particularly difficult economic, financial and political context, reinsurers have no choice but to tighten up the conditions for treaty renewals for 2023.
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