Ping An’s net income jumps 36%

Ping An Insurance (Group) Company of China Ltd. recorded a 36% year-on-year surge in first-half net profit to 92.6 billion Chinese yuan ($12.9 billion), Reinsurance News reported. Total revenues rose 12% to CNY615.3 billion, while property and casualty premium income grew 4% to CNY178.7 billion.