Managing Asia’s Christine Tan meets Ping An Group Co-CEO Michael Guo successful Shenzhen to research however 1 of China’s largest insurers is redefining healthcare and elder attraction for a rapidly aging population, portion transforming its broader business.
Managing Asia's Christine Tan meets Ping An Group Co-CEO Michael Guo successful Shenzhen to research however 1 of China's largest insurers is redefining healthcare and elder attraction for a rapidly aging population, portion transforming its broader business.
China is the world's second-largest security market, yet penetration remains conscionable 5 to 6 percent. To conscionable the needs of a increasing mediate people and aged demographic, Ping An has built a healthcare and elder attraction ecosystem that already generates astir 10 percent of revenue.
Its services scope from fall-detection sensors and online consultations to premium status apartments, providing a exemplary for however seniors successful China tin property safely and comfortably astatine home.
Guo besides addresses the challenges of marketplace volatility and China's low-interest-rate environment. And helium reflects connected moving with the company's legendary founder, Peter Ma, the quiescent visionary down Ping An's transformation.
Watch the video supra to spot however Ping An is reshaping the aboriginal of insurance, healthcare and elder attraction successful China.
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