In 2023, Ping An Insurance's most profitable business segment was life and health insurance. The segment generated a net profit of over 73 billion yuan. Another large profit center was the banking division, as its net profits amounted to almost 46 billion yuan. It shows that the company is not only an insurance service provider but a comprehensive financial service corporation.
Net profits of Ping An Insurance from 2019 to 2023, by selected business segment
(in billion yuan)
Characteristic
Life and health insurance
Property and casualty insurance
Banking
Trust
Securities
Other asset management
Technology business
Asset management business
Other businesses and elimination
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Ping An. (April 26, 2024). Net profits of Ping An Insurance from 2019 to 2023, by selected business segment (in billion yuan) [Graph]. In Statista. Retrieved September 09, 2024, from https://www.statista.com/statistics/1250106/ping-an-insurance-segment-net-profits/
Ping An. "Net profits of Ping An Insurance from 2019 to 2023, by selected business segment (in billion yuan)." Chart. April 26, 2024. Statista. Accessed September 09, 2024. https://www.statista.com/statistics/1250106/ping-an-insurance-segment-net-profits/
Ping An. (2024). Net profits of Ping An Insurance from 2019 to 2023, by selected business segment (in billion yuan). Statista. Statista Inc.. Accessed: September 09, 2024. https://www.statista.com/statistics/1250106/ping-an-insurance-segment-net-profits/
Ping An. "Net Profits of Ping An Insurance from 2019 to 2023, by Selected Business Segment (in Billion Yuan)." Statista, Statista Inc., 26 Apr 2024, https://www.statista.com/statistics/1250106/ping-an-insurance-segment-net-profits/
Ping An, Net profits of Ping An Insurance from 2019 to 2023, by selected business segment (in billion yuan) Statista, https://www.statista.com/statistics/1250106/ping-an-insurance-segment-net-profits/ (last visited September 09, 2024)
Net profits of Ping An Insurance from 2019 to 2023, by selected business segment (in billion yuan) [Graph], Ping An, April 26, 2024. [Online]. Available: https://www.statista.com/statistics/1250106/ping-an-insurance-segment-net-profits/