Ping An Insurance (Group) Company Of China Ltd operates in the Life insurance sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Ping An Insurance (Group) Company Of China Ltd with three other
insurance companies in Asia:
Japan Post Insurance Co Ltd
of Japan
(2018
sales of 7.85 trillion Japanese Yen [US$72.66 billion]
of which 100%
was Insurance & Related Activities),
China Life Insurance Co Ltd
(653.90 billion Chinese Renmimbi [US$95.13 billion]
of which 79%
was Life), and
Japan Post Holdings Co Ltd
which is
based in Japan
(12.92 trillion Japanese Yen [US$119.64 billion]
of which 62%
was Life Insurance).
Sales Analysis.
Ping An Insurance (Group) Company Of China Ltd reported sales of 1.09 trillion Chinese Renmimbi (US$158.92 billion)
for the
year ending
December of 2018.
This
represents
an
increase of 13.0%
versus 2017, when the company's sales were 966.86 billion Chinese Renmimbi.
Sales at Ping An Insurance (Group) Company Of China Ltd have increased during each of the previous five years
(and since 2013, sales have increased a total of 159%).
Sales of Life and Health Insurance saw an increase
of
21.1% in 2018, from
384.57 billion Chinese Renmimbi to 465.58 billion Chinese Renmimbi.
Not all segments of Ping An Insurance (Group) Company Of China Ltd experienced an increase in sales in 2018:
sales of Other Business and Elimination fell 1.0% to 202.00 million Chinese Renmimbi.
(However, this segment's sales were only a very small portion of the company's overall sales).