Ping An Insurance

 


Original Content- Business Upside 

Ping An Insurance (Group) Company of China, Ltd, better known as Ping An Insurance Group, is a Chinese financial conglomerate. The company’s transformation from an insurance company selling property and marine insurance to a company that stands among the tech giants today is a rare and extraordinary achievement. The company has operations across insurance, banking, financial services, asset management, healthcare, and technology services.

During the late 1980s, when China was gradually opening up its economy to the outside world and inviting investments, Peter Ma Minghze quickly seized the opportunity. On May 27, 1988, he founded the Ping An Insurance Company in Shenzhen, southern Guangdong Province, and it was the first- joint-stock company in China.

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