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Ping An Insurance Reports 2024 Premium Income Growth
Company Announcements

Ping An Insurance Reports 2024 Premium Income Growth

Story Highlights
  • Ping An’s life and health insurance segments showed significant growth in 2024.
  • The company experienced a high growth rate in health insurance and a decline in annuity insurance.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

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An announcement from Ping An Insurance Company of China ( (HK:2318) ) is now available.

Ping An Insurance Company of China has announced its accumulated gross premium income for the year 2024, with significant growth in its life and health insurance segments, and a modest increase in property and casualty insurance. Notably, Ping An Health Insurance saw the highest year-on-year growth rate of 14.9%, while the annuity insurance segment experienced a decline. This performance underscores Ping An’s robust positioning in the insurance market, reflecting both strengths and challenges across its diverse insurance offerings.

More about Ping An Insurance Company of China

Ping An Insurance Company of China operates in the insurance industry, providing a range of services including property and casualty insurance, life insurance, annuity insurance, and health insurance. The company focuses on both individual and group policyholders, with a strong presence in the Chinese market.

YTD Price Performance: 1.43%

Average Trading Volume: 22,897

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $110.7B

See more data about 2318 stock on TipRanks’ Stock Analysis page.

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