SHANGHAI, Oct 28 - Ping An Insurance has been cautious about the Chinese stock market this year and plans to keep its equity exposure in its investment portfolio around 10 percent, Group President Louis Cheung...
Ping An Insurance (Group) Co<601318><2318>, China's second-largest insurer, announced yesterday that its net profit attributable to shareholders was RMB 6.92 billion in the first three quarters of this year, versus a net loss of RMB 534 million recorded in the same period of last year.Basic earnings per share...
BEIJING/HONG KONG, Oct 27 - China's Ping An Insurance, the world's No. 2 life insurer by market value, swung to a quarterly profit as a recovery in markets since last year boosted investment returns. Net...
Ping An Insurance (Group) Co<601318><2318>, China's second-largest insurer, announced today that its life insurance unit, Ping An Life Insurance Co of China Ltd, recorded RMB 103.33 billion in insurance premium income in the first nine months of this year.The figure reflects growth of 33.5% compared with the...
Ping An Securities, the securities arm of China's second-largest insurer, Ping An Insurance (Group) Co<601318><2318>, is planning to launch its first U.S. dollar-denominated private-equity fund, the Wall Street Journal reported Monday, citing sources familiar with the matter as saying.The PE fund, which is...
Ping An Life Insurance (Group) Co<601318><2318>, China's second-largest life insurer, recorded an unaudited premium income of RMB 118.88 billion in the first eight months of this year, the company said in a statement filed with the Shanghai Stock Exchange.The statement did not include comparable figures for...
Ping An Insurance (Group) Co<601318><2318>, China's second-largest insurer, has signed an agreement with Greentown Real Estate Group to invest RMB 15 billion over the next three years in real estate projects developed by the Hangzhou-based property developer, sources reported. Ping An Trust...
SHANGHAI, Sept 10 - Ping An Insurance (Group) of China, the world's second-biggest life insurer by market value, said on Thursday its trust unit would invest 15 billion yuan ($2.2 billion) over the next three...
Ping An Property & Casualty Insurance Co, a property insurance unit of Ping An Insurance (Group) Co<601318><2318>, said on Friday that it will make the largest payout since 2002.The property insurer will pay RMB 720 million to Lafarge Shui On Cement Co Ltd, a joint venture between France-based...
Ping An Insurance (Group) Co<601318><2318>, China's second-largest insurer, reported a worse-than-expected 45% decline in first-half net profit due to lower investment gains, increasing tax expenses and higher payouts for claims, sources reported.The life insurer said in a statement filed with the Shanghai...