Ping An pays 42.1 billion USD in claims in 2022

Ping An Insurance Group has settled more than 200 million claims with a total cost of 291.6 billion CNY (42.1 billion USD) during the financial year 2022.

This amount was paid to policyholders by the following four Chinese group member insurance companies:

• Ping An Life: 4.1 million claims for 79.6 billion CNY (11.5 billion USD)
• Ping An P&C: 190 million claims for 194 billion CNY (28 billion USD)
• Ping An Annuity: 15.99 million claims for 13.2 billion CNY (1.9 billion USD)
• Ping An Health: 2.45 million claims for 4.8 billion CNY (693 million USD)

Founded in 1988, Ping An will celebrate its 35th anniversary in 2023.