Kelan Competitors

This is the official Company Page of Ping An Insurance (Group) Company of China, Ltd. (HKEx: 2318; SSE: 601318; ADR: PNGAY). Ping An strives to become a world leading technology-powered financial services group. We believe the way people receive financial services and healthcare in the future will be through intelligent ecosystems enabled by technology. With over 220 million retail customers and nearly 611 million Internet users, Ping An is one of the largest financial services companies in the world. Technology has enabled us to bring changes to the landscape of retail finance and healthcare in China. Supported by the Group’s strong core financials, our continued investment in fintech and healthtech resulted in increasing revenue contributions from our tech units as well as several unicorns. Ping An ranked 6th in the Forbes Global 2000 list and 16th in the Fortune Global 500 list in 2021. Follow us for latest news, events and job opportunities.

China Life Insurance (Group) Company, headquartered in Beijing, is a large state-owned financial and insurance company. Its predecessor,PICC was founded in 1949 and the PICC (Life) Co.,Ltd was set up in 1996 after its separation from the former PICC. In 1999, it was renamed China Life Insurance Company. With the approval of the State Council and the China Insurance Regulatory Commission, the former China Life Insurance Company was restructured as China Life Insurance (Group) Company in 2003. It has China Life Insurance Company Limited, China Life Asset Management Company Limited, China Life Property & Casualty Insurance Company Limited, China Life Pension Company Limited, China Life Ecommerce Company Limited, China Life Insurance (Overseas) Company Limited, China Life Investment Holding Company Limited and Insurance Professional College as its subsidiaries. Its business covers life insurance, property & casualty insurance, pension plans (corporate annuity), asset management, alternative investment, overseas operations and e-commerce. Through capital-links, it has invested in several banks, security firms and other non-financial institutions.

China Pacific Life Insurance Co., Ltd (CPIC Life in short) was formed on the basis of life insurance business of China Pacific Insurance Co., Ltd., which was founded on May 13th 1991, and is held by CPIC Group. The company was incorporated in November 11, 2001, headquartered in Shanghai and registered capital totaling RMB 5.1 billion. In 2008, the premium income of the company reached RMB 66.092 billion, ranking 3rd in China life insurance market with a share of 9.0%, according to data published by CIRC. The company achieved a profit of RMB 2.104 billion this year with net profit of RMB 2.904 million.