PING AN OF CHINA(SH:601318) Jing Ji Guan Cha Wang·2025-09-29 06:54Core Viewpoint - The insurance industry is transitioning from traditional compensation providers to risk management collaborators, as evidenced by the proactive response to Typhoon "Haikashan" [1] Group 1: Disaster Response - After Typhoon "Haikashan" made landfall in Guangdong, the insurance company initiated a rapid claims process, confirming disaster data through the "Guangdong Provincial Catastrophe Index Insurance Platform" [2] - The company pre-paid 18 million yuan (approximately 2.5 million USD) for emergency relief and recovery efforts within 24 hours of the typhoon's impact [2] - The company successfully processed claims for local aquaculture farmers within one hour, demonstrating the efficiency of its claims handling [3] Group 2: Disaster Prevention and Risk Reduction - The company utilized its "Eagle Eye System" to simulate the typhoon's path and sent out warnings and prevention guidelines to over 20 million people 72 hours in advance [4] - The company implemented a "5210" disaster response mechanism, which includes a five-day risk warning and real-time assessments on the day of the typhoon [4] - The company conducted extensive on-ground support, assisting farmers in securing crops and minimizing economic losses, with an estimated reduction of over 800,000 yuan (approximately 112,000 USD) in potential losses [5]