China’s Ping An Insurance Group News

China Insurer PICC Cuts Size of IPO in Response to Collapse in Market Prices

The People’s Insurance Company (Group) of China Ltd., the nation’s largest property insurer, cut the size of a planned first-time domestic share sale and indicated it will proceed when the market improves. The company will offer a maximum of 1.8 …

China’s Ping An Teams up with Travel Site to Sell Smog Insurance

Ping An Insurance Group Co., China’s second-biggest insurer, is collaborating with Ctrip.com International Ltd. to sell smog insurance to tourists traveling to Beijing and six other Chinese cities. Travelers in Beijing can get a daily payout of 50 yuan ($8) …