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China’s Top Private Insurer Taps AI to Unlock $174 Billion Value
Insurance Journal· 2026-03-31 07:32
Five years ago, almost no accident and health insurance claims at Ping An Insurance Group ran without humans. Today, nearly 60% are automated, with some settled in just 51 seconds.The leap shows Ping An’s push into artificial intelligence, after a decade of investment worth billions of yuan. Now, senior executives are counting on it to transform the share price, too. They are leveraging AI to double the firm’s price-to-book ratio over the next few years, according to people familiar with the management’s th ...