About Ping An Insurance (Group) Company of China, Ltd. - (2318.HK)

Country: China

Sector: Financials

Ping An Insurance (Group) Company of China, Ltd. provides financial products and services for life insurance, property and casualty insurance, trust, securities, banking, and other businesses in the People's Republic of China. It operates through Life and Health Insurance; Property and Casualty Insurance; Banking; Asset Management; and Finance Enablement segments. The company offers life insurance products, including term, whole-life, endowment, annuity, investment-linked, universal life, and health care and medical insurance products; and auto, non-auto, and accident and health insurance to individual and corporate customers. It also undertakes loan and intermediary businesses with corporate and retail customers; and provides wealth management and credit card services to individual customers, as well as trust products services, brokerage services, trading services, investment banking services, investment management services, finance lease business, and other asset management services. In addition, the company offers financial and daily-life services through internet platforms such as financial transaction information service platform and health care service platform. Further, it is involved in the provision of annuity insurance; IT and business process outsourcing services; internet, money, custom loyalty, corporation management, and credit information services; futures and currency brokerage; real estate investment and development; property leasing and management; operates as a property agency and sales agency of insurance; fund raising and distribution; commercial factoring; expressway operation; equity investment; securities investment and brokerage; fund sales and settlement; and production and sale of consumer chemicals; logistics and warehousing; e-commerce business; micro loans; consulting services; infant products; real estate consulting; and commodity trade. The company was incorporated in 1988 and is based in Shenzhen, China.