Ping An Insurance (Group) Co. of China Ltd.

Sector: Insurance Carriers Not Elsewhere Classified Region: China

Exchange/Ticker: OTC Bulletin Board: PIGCY | OTC Bulletin Board: PIAIF | Shanghai Stock Exchange: 601318 | Hong Kong Stock Exchange: 2318 | OTC Bulletin Board: PNGAY | Berlin Stock Exchange: PZX

Company Description

Ping An Insurance (Group) Co. of China Ltd. engages in the provision of financial products and services. Its activities also include investment in financial and insurance enterprises and investment deployment. It operates through the following segments: Life Insurance, Property and Casualty, Banking, and Securities. The Life Insurance segment offers life insurance products such as term, whole-life, endowment, annuity, investment-linked, universal life, and healthcare insurance. The Property and Casualty Insurance segment offers insurance products including automobile, non-automobile, and accident and health insurance. The Banking segment undertakes loan and intermediary business, and wealth management and credit card services. The Securities segment involves brokerage, trading, investment banking, and the provision of asset management services. The company was founded on March 21, 1988 and is headquartered in Shenzhen, China.

Similar to: Lincoln National Corp., Hiscox Ltd.

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Executives

REN Huichuan, President

REN Huichuan, has been the President of the Company since March 2011. Mr. Ren joined the Company in 1992. He was the Senior Vice President of the Company between June 2010 and March 2011, Chief Insurance Business Officer between June 2010 and December 2010, the Chairman and CEO of Ping An Property & Casualty between April 2007 and May 2011, and was appointed as a Supervisor representing the employees of the Company from March 2009 to March 2010. Before that, Mr. Ren had been Senior Vice President, the assistant to the President and Financial Director of the Company, the Assistant Director of the Development and Reform Center, Senior Vice President of Ping An Property & Casualty and the Vice President of the Property & Casualty Insurance business of the Company. Mr. Ren holds an MBA degree from Peking University.

LEE Yuansiong, Senior Vice President and Chief Insurance Business Officer

LEE Yuansiong has been the Senior Vice President and Chief Insurance Business Officer of the Company since January 2011 and Chairman of Ping An Life from January 2007 to February 2012. Mr. Li joined the Company in 2004. He was the Special Assistant to the Chairman of Ping An Life from February 2004 to March 2005 and General Manager of Ping An Life from March 2005 to January 2010. Prior to that, Mr. Li was a Senior Vice President of Prudential Taiwan Branch and the General Manager of Citi-Prudential etc. Mr. Li holds a Master’s Degree in Finance from The University of Cambridge.

LO Sai Lai, Senior Vice President and Chief Information Officer

LO Sai Lai has been the Senior Vice President and Chief Information Officer of the Company since January 2007 and February 2006, and Chairman and Chief Executive Officer of Ping An Technology since August 2008. Mr. Lo joined our Company in June 2002. From February 2006 to January 2007, he served as the Vice President of the Company. From October 2003 to February 2006, he served as Head of Information Technology. From 2002 to 2008, he served as General Manager of the Data Center and General Manager of the Information Management Center of our Company. From 2001 to 2002, Mr. Lo worked as Senior Consultant of our Systems Development Center. From 1993 to 2001, Mr. Lo worked as a researcher at the University of Cambridge, a research engineer at the Olivetti Research Laboratory, a senior researcher at the Olivetti and Oracle Research Laboratories and a senior researcher at AT&T Laboratories – Cambridge. Mr. Lo has a Ph.D. in Computer Science from the University of Cambridge.

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