Morningstar's Ping An Insurance (Group) Co. of China Ltd ADR Stock Analysis
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Ping An Insurance (Group) Co. of China Ltd ADR's Company Profile
Headquartered in Shenzhen and founded in 1988, Ping An Insurance is an integrated financial service provider, with a focus on technology and conglomerate business model. 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 65%, 11%, 14%, 9%, and 20% of the company's operating profits, respectively, in 2021.
Shenzhen, 518033, China, People's Republic of