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Ping An Insurance (Group) Company of China, Ltd. (PIAIF)

Other OTC - Other OTC Delayed Price. Currency in USD
4.2400+0.0650 (+1.56%)
As of 09:42AM EDT. Market open.

Ping An Insurance (Group) Company of China, Ltd.

Ping An Finance Center
47th, 48th, 109th, 110th, 111th, 112th Floors No.5033 Yitian Road Futian District
Shenzhen 518033
China
86 40 0886 6338
https://www.pingan.com

Sector(s)Financial Services
IndustryInsurance - Life
Full Time Employees288,751

Key Executives

NameTitlePayExercisedYear Born
Mr. Mingzhe MaFounder & Executive Chairman496.83kN/A1956
Mr. Yonglin Xie Ph.D.Co-CEO, President & Executive Director541.57kN/A1968
Mr. Michael GuoCo-CEO & Senior VP300.84kN/A1973
Ms. Xiaolu ZhangChief Risk Officer, Compliance Officer & Head of Group ComplianceN/AN/A1968
Mr. Baoxin HuangSenior VP & GM of Beijing Head Office of the GroupN/AN/A1965
Ms. Xin FuSenior VP & Director of the Group's Strategic Development CenterN/AN/A1981
Mr. Xiaotao GuoCo-Chief Executive OfficerN/AN/A1973
Ms. Zhichun ZhangCFO & Financial DirectorN/AN/A1976
Mr. Benjamin DengAssistant President & Chief Investment OfficerN/AN/A1969
Mr. James E. GarnerChief Strategist & Head of Investor RelationsN/AN/AN/A
Amounts are as of December 31, 2023 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Ping An Insurance (Group) Company of China, Ltd. provides financial products and services for insurance, banking, asset management, and technology businesses in the People's Republic of China. The company operates through Life and Health Insurance; Property and Casualty Insurance; Banking; Asset Management; and Technology segments. Its Life and Health Insurance segment offers term, whole-life, endowment, annuity, investment-linked, universal life, and health care and medical insurance to individual and corporate customers. The company's Property and Casualty Insurance segment provides auto, non-auto, and accident and health insurance to individual and corporate customers. Its Banking segment undertakes loan and intermediary businesses with corporate and retail customers; and offers wealth management and credit card services to individual customers. The company's Asset Management segment provides trust products services, brokerage services, trading services, investment banking services, investment management, finance lease, and other asset management services. Its Technology segment offers financial and daily-life services through internet platforms, such as financial transaction information service, and health care service platforms. The company also provides annuity insurance, IT and business process outsourcing, real estate investment and management, futures brokerage, project investment, currency brokerage, property agency, fund raising and distribution, real estate development and leasing, and insurance agency services. In addition, it provides factoring, equity investment, logistics and warehousing, management consulting, e-commerce, and credit information services; and operates an expressway, as well as produces and sells consumer chemicals. The company was incorporated in 1988 and is based in Shenzhen, China.

Corporate Governance

Ping An Insurance (Group) Company of China, Ltd.’s ISS Governance QualityScore as of March 1, 2024 is 2. The pillar scores are Audit: 1; Board: 2; Shareholder Rights: 6; Compensation: 5.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.