Ping An Insurance (Group) Company of China, Ltd. ("Ping An") was founded in 1988 and has its headquarters in Shenzhen.
Ping An has a well-established system of corporate governance. Members of senior management, one-third of whom are expatriate professionals, lead the company with their international expertise and local knowledge. Ping An was the first major PRC insurance company to engage an international accounting firm as independent external auditors and an international actuarial consulting firm to conduct independent reviews of policyholders' reserves according to international standards. The Company has further improved internal controls, agent monitoring and supervision and risk management.