About China Taiping Insurance Group
China Taiping Insurance Group is a company based in Hong Kong (China) founded in 1929.. China Taiping Insurance Group has raised $150 million across 1 funding round from investors including Ageas. The company has 77,472 employees as of December 31, 2017. China Taiping Insurance Group operates in a competitive market with competitors including MetLife, China Pacific Insurance, Ping An, PartnerRe and Beazley, among others.
- Headquarter Hong Kong, China
- Employees 77472 as on 31 Dec, 2017
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Sectors
Financial Services
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$150 M (USD)
in 1 rounds
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Latest Funding Round
$150 M (USD), Unspecified
May 22, 2024
- Investors
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Employee Count
77472
as on Dec 31, 2017
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Funding Insights of China Taiping Insurance Group
China Taiping Insurance Group has successfully raised a total of $150M through 1 strategic funding round. The most recent funding activity was a Unspecified round of $150 million completed in May 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Unspecified — $150.0M
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First Round
First Round
(22 May 2024)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2024 | Amount | Unspecified - China Taiping Insurance Group | Valuation | Ageas |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in China Taiping Insurance Group
China Taiping Insurance Group has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Ageas. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Insurance in property, casualty, life, and pensions is offered worldwide.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by China Taiping Insurance Group
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - China Taiping Insurance Group
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
China Taiping Insurance Group Comparisons
Competitors of China Taiping Insurance Group
China Taiping Insurance Group operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as MetLife, China Pacific Insurance, Ping An, PartnerRe and Beazley, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Internet-based life, health, auto, home, and pet insurance is offered.
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| domain | founded_year | HQ Location |
Life and property insurance services are provided nationwide.
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| domain | founded_year | HQ Location |
Life and non-life insurance, banking, and financial services are provided.
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| domain | founded_year | HQ Location |
Provider of life, health, property, casualty, aviation, marine and other insurance services
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| domain | founded_year | HQ Location |
Specialist insurance and reinsurance are underwritten for clients worldwide.
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| domain | founded_year | HQ Location |
Provides health insurance plans for individuals, families, employers, and Medicare recipients.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on China Taiping Insurance Group
Frequently Asked Questions about China Taiping Insurance Group
When was China Taiping Insurance Group founded?
China Taiping Insurance Group was founded in 1929 and raised its 1st funding round 95 years after it was founded.
Where is China Taiping Insurance Group located?
China Taiping Insurance Group is headquartered in Hong Kong, China.
Who is the current CEO of China Taiping Insurance Group?
Wang Bin is the current CEO of China Taiping Insurance Group.
Is China Taiping Insurance Group a funded company?
China Taiping Insurance Group is a funded company, having raised a total of $150M across 1 funding round to date. The company's 1st funding round was a Unspecified of $150M, raised on May 22, 2024.
How many employees does China Taiping Insurance Group have?
As of Dec 31, 2017, the latest employee count at China Taiping Insurance Group is 77,472.
What does China Taiping Insurance Group do?
The company was established in 1929 and is headquartered in Hong Kong, China. Operations are focused on the insurance sector, where a range of products including life, property, and health coverage are offered to clients across Asia and beyond. In 2022, annual revenues reached 38.92 billion, with a net profit of 0.36 billion recorded. Leadership is provided by executives such as Wang Bin and Kenneth Ng as CEOs.
Who are the top competitors of China Taiping Insurance Group?
China Taiping Insurance Group's top competitors include MetLife, China Pacific Insurance and Ping An.
Who are China Taiping Insurance Group's investors?
China Taiping Insurance Group has 1 investor. Key investors include Ageas.
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