"Ping An" Archives

Ping An’s Earnings Disappoint on Dull Life & Motor Insurance Sales & Huge Provisions

by Megha Malhotra | Aug 27, 2021 | China, High Yield Bonds

China’s largest insurer by market cap, Ping An Insurance reported disappointing 1H earnings on Thursday on the back of a decline in sales of its life and motor insurance policies as well as huge provisions. Profits for the six months ended June 30 came in at RMB...

Ping An to Lead $11.3bn PUFG Restructuring Plan

by bondevalue | May 3, 2021 | China, High Yield Bonds

Ping An Insurance Group through its Ping An Life unit will lead the restructuring of Peking University Founder Group (PUFG) along with two municipal governments in the southern province of Guangdong. PUFG is a state owned conglomerate founded by Peking University that...

Ping An Reports Higher Profits Despite $1.5bn Hit from CFLD

by bondevalue | Apr 26, 2021 | China, Investment Grade Bonds

Ping An Insurance, China’s largest insurance company reported resilient Q1 earnings late last week despite a huge impairment. The Shenzhen-based company reported an operating profit of RMB 39.12bn ($6bn) and net profit of RMB 27.22bn ($4.2bn), up 8.9% and 4.5%...

Ping An’s Earnings Disappoint on Dull Life & Motor Insurance Sales & Huge Provisions

Ping An to Lead $11.3bn PUFG Restructuring Plan

Ping An Reports Higher Profits Despite $1.5bn Hit from CFLD

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Ping An’s Earnings Disappoint on Dull Life & Motor Insurance Sales & Huge Provisions

Ping An to Lead $11.3bn PUFG Restructuring Plan

Ping An Reports Higher Profits Despite $1.5bn Hit from CFLD

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