Ping An is one of the three largest integrated financial groups in China. Integrated Finance and Healthcare are our core businesses.
Finance and healthcare are our core businesses. While ensuring steady growth in our main financial businesses, we are increasing investment in technology to empower our main financial businesses with world-leading financial technology (fintech) and health technology (healthtech) capabilities. Ping An also uses its innovative technologies to support ecosystems.
We have grown from Ping An Insurance Company, which was established in Shekou, Shenzhen, in 1988, to Ping An Insurance (Group) Company of China, Ltd., one of the three largest integrated financial groups in China. Ping An remains focused on evolving its business model in the integrated finance and healthcare ecosystem in China. We are developing new strategies, products and services to cater to China's rising healthcare and elderly care needs. We aspire to be a world-leading retail financial services company and China's leading managed care model provider.
Ping An actively helps industry and society become more resource-friendly and society-friendly, and strives to create greater shared value for all stakeholders. In 2019, Ping An became a signatory to the United Nations-supported Principles for Responsible Investment, the first asset owner in China to do so. In 2019, Ping An also became the first Chinese asset owner to join Climate Action 100+, an investor initiative launched in 2017 to ensure the world’s largest corporate greenhouse gas emitters take necessary action on climate change.
In 2020, Ping An became a signatory to the Principles for Sustainable Insurance (PSI), a global sustainability framework of United Nations Environment Programme Finance Initiative (UNEP FI). Ping An is the first company in Mainland China to participate. As of December 31, 2021, Ping An’s sustainable insurance premium income totaled RMB44,569 million, with 2,303 sustainable insurance products leading sustainable development in the insurance industry.
Ping An also benchmarks and integrates the key areas of the Company’s business development with the United Nations Sustainable Development Goals. Since 2018, the Company has delivered its Ping An Rural Communities Support programs in 21 provinces and autonomous regions across China. The programs aim to boost industries, health care and education in rural areas at all levels.
Ping An People and Culture Video Series - Episode 1