A word on Ping An

“It can make decisions purely based on customers and shareholders. Plus, it means they can just focus on the most profitable, tier one cities. They don’t have to go to rural areas and try to cover everyone. It’s also got the top, premium-generating agency teams. They’re very focused on achieving good results” – Arthur Kwong, the head of Asia ex-Japan equities at BNP Paribas Investment Partners, on Ping An, which has a 20% market share in China. Two noteworthy tidbits on Ping An. One. It’s a member of R3, exploring blockchain.

Two. It collaborated with Bought By Many around the development of niche travel insurance offerings.