News China17 Mar 2023

AM Best assigns 'Excellent' credit ratings to Ping An P&C Insurance

| 17 Mar 2023

Ping An Property & Casualty Insurance Company of China (Ping An P&C) delivered a five-year average return on equity of 18.6% from 2017 to 2021, during which the company consistently demonstrated better-than-average underwriting profitability, with an average combined ratio of 97.4%, notes AM Best.

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