Tag "Ping An Insurance"
China To Dominate The Insurtech Industry: New Report Shows
A new report estimated that China’s insurtech market would grow 36.88 percent CAGR between 2022 and 2031 to reach 34.05 trillion yuan (US$4.76 trillion). In 2021 alone, the market’s revenue was 1514 billion yuan (US$211.7 billion), according to Research Nester,
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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$475 million offering. Targeted at institutional investors, Voyager Partners will make investments
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Ping An Named the World’s Most Valuable Insurance Brand Fifth Year in a Row
Ping An Insurance was named the world’s most valuable insurance brand in the Insurance 2021 100 Ranking, a spot in which they have retained for the fifth year in a row. Brand Finance, a brand valuation consultancy valued the Ping
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Crushed By China’s P2P Crackdowns, Lufax’s Global Strategy Is Now Robo-Advisors
Just in March, Lufax had big aspirations towards launching an IPO that they hoped would raise its valuation to USD60 billion, a huge jump from when the company last valued at US$ 18.5 billion in 2016. Unfortunately, a rampant slew of Peer-to-Peer
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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
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