Ping An Named Winner of “Investor of the Year – Insurance Company”

Hong Kong, Shanghai, 22nd October 2010 - Ping An Insurance (Group) Company of China, Ltd. (hereafter "Ping An" or "the Group", HKEX: 2318; SSE: 601318) has been named a Triple A Investment Awards winner in the category of "Investor of the Year - Insurance company" by the Asset Magazine. The annual Triple A Investment Awards, held last week, recognize excellence in investment management and performance in the financial industry.

Ping An is China's leading integrated financial services group. The Group's seamless structure enables it to provide 56 million individual customers and over 2 million corporate clients with integrated services in insurance, banking and investment while observing the highest international standards in corporate governance. In particular, the Group grew its net investment income by 44.3% to RMB12,618 million for the six months ended June 30 this year while net investment yield climbed higher to 4.1% from 3.7% a year ago.

Commenting on its decision to award Ping An with the honor, The Asset remarks that, "For Ping An's investment unit, people are the key to success. This is why the insurance group places a lot of emphasis on hiring the right talent and training. It is not China's largest insurance group, but it is certainly the most respected."

Ping An says the award is a ringing endorsement of the strength of its commitment to achieving outperformance in investment management. It is also a testament to the Group's long-standing efforts in delivering solid returns for its insurance funds and other third-party investors.

The Asset Triple A Investment Awards are one of the industry's most coveted honors in Asia and the Middle East. The companies are judged by their investment model, investment performance and the quality of their research, as well as against other criteria.

The latest honor follows a number of recent accolades for Ping An. Earlier this month Ping An Asset Management was named one of Asia's 100 Biggest Money Managers by Institutional Investor magazine. In July, the Group was included in Fortune magazine's Global Top 500 enterprises for 2010, ranking No.1 among non state-owned Chinese enterprises in the list. Ping An also swept four FinanceAsia magazine's corporate excellence awards in May, including Best Managed Companies and Best Corporate Governance. In March, the Group was named the top insurer in Asia for the second year in a row in a survey by international financial magazine Euromoney.