Ping An Insurance (Group) Co. of China Ltd Class A
601318: XSHG (CHN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| CNY 12.00 | Ftwf | Kvbscjnf |
Continuous Challenges in Life Insurance Reflected in Ping An Insurance’s 2021 Results
Business Strategy and Outlook
In China's highly competitive insurance market, Ping An differentiates itself with its ability to use proprietary technology to strengthen the customer experience and enhance cross-sales for its four major ecosystems: financial, health, auto, and small city. We believe its competitive advantage results in a better outlook than peers in terms of underwriting profitability and growth.