Ping An boosts stake in Experian Life Insurance to over 10% in strategic China move
Ping An Insurance has increased its ownership in rival firm Experian Life Insurance to over 10%. The move follows a recent purchase of shares worth HK$362 million. This acquisition aligns with Ping An's broader strategy of targeting stable returns through high-dividend financial assets in China.
The company will soon release its 2025 annual report, including a dividend proposal, while also preparing for a key shareholder meeting this week.
Ping An bought around 10.9 million H-shares of Experian Life Insurance at an average price of HK$33.26 per share. The deal raises its total stake in the rival insurer to 10.12%.
The purchase reflects Ping An's focus on securing steady income from dividend-paying investments in China. This approach comes as falling bank deposit rates push more consumers toward insurance-linked products. In January 2026 alone, China's life insurers saw CN¥212.6 billion in new business through bank channels—a 27.6% rise from the previous year. Ping An Life itself reported a 175% surge in new premiums during the same month.
The company will hold an extraordinary general meeting in Shenzhen this Friday. Shareholders will vote on proposed changes to Ping An's articles of association. Meanwhile, the firm's audited 2025 annual report and final dividend proposal are set for release on March 26.
Ping An's latest investment strengthens its position in China's insurance market. The company now holds a significant stake in a major competitor while benefiting from rising demand for insurance products in China. The upcoming shareholder meeting and annual report will provide further clarity on its financial direction.
