Founded in 1988, Ping An Insurance is an integrated financial service provider with headquarters in Shenzhen. The company offers healthcare services and integrated financial products. Ping An is China's second-largest life and P&C insurer. The company strives for an integrated financial services platform comprising life insurance, P&C insurance, banking, and other financial services. These business segments contributed 68%, 11%, 31%, and negative 10% of the company's operating profits, respectively, in 2023.