Tag "Ping An Insurance"

Ping An Completes Initial Close of US$200 Million Fintech & Healthtech Venture Fund

Ping An Insurance announced the initial close of Ping An Voyager Partners, LP, a growth stage venture fund, having secured approximately US$200 million in commitments toward its planned US$475 million offering. Targeted at institutional investors, Voyager Partners will make investments

Read More

Ping An Named the World’s Most Valuable Insurance Brand Fifth Year in a Row

Ping An Insurance was named the world’s most valuable insurance brand in the Insurance 2021 100 Ranking, a spot in which they have retained for the fifth year in a row. Brand Finance, a brand valuation consultancy valued the Ping

Read More

Crushed By China’s P2P Crackdowns, Lufax’s Global Strategy Is Now Robo-Advisors

Just in March, Lufax had big aspirations towards launching an IPO that they hoped would raise its valuation to USD60 billion, a huge jump from when the company last valued at US$ 18.5 billion in 2016. Unfortunately, a rampant slew of Peer-to-Peer

Read More

Ping An Launches 10 AI+ Innovative Services

Ping An Insurance China announced the launch of 10 innovative services backed by the world’s leading AI technology. The services are jointly launched by the Group’s subsidiaries, including life and P&C insurance, annuity, bank, credit card, securities, Caifubao, Lufax, Puhui, Ping

Read More