Morningstar Quantitative ratings for equities (denoted on this page by) are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies withratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating. Click here for more on how to use these ratings.
Headquartered in Shenzhen and founded in 1988, Ping An Insurance is an integrated financial service provider, with a focus on life insurance and property and casualty insurance. Ping An is China's second- largest life and P&C insurer. The company strives for an integrated financial services platform comprising life insurance, P&C insurance, banking, other financial services and technology. These business segments contributed 69%, 15%, 11%, 6%, and 2% of the company's net profit, respectively, in 2019.
Shenzhen, 518033, China, People's Republic of