bluemarlin| The 2024 Fortune China ESG Influence List released: Taiping Insurance, PICC Group and Ping An of China are on the list

Financial front-line news on May 16BluemarlinIn 2024, Fortune China ESG influence list was released, a total of China Taiping Insurance Group, the people's Insurance Group of China and China Ping an Insurance (Group) three insurance companies on the list.

By the end of 2023, the green insurance premium income of China Taiping Insurance Group 38Bluemarlin10 million yuan, an increase of 40.9 percent over the same period last year. Taiping property Insurance and other subsidiaries have launched innovative products such as marine carbon sequestration insurance, forestry carbon sequestration remote sensing index combination insurance, clean energy power generation income compensation insurance, carbon trading loss insurance and so on.

The people's Insurance Group of China has organized the development of more than 30 insurance products, including carbon offsets, carbon quotas, carbon asset loss insurance and other innovative products, and is the chief underwriter of the Xiapu nuclear power project, a major national nuclear technology project. To support the rural industry, the help platform covers 15 provinces, 51 counties and 155 suppliers, selling 1585 agricultural products on the shelves, and directly purchasing and helping to sell agricultural products totaling 64.48 million yuan in 2023.

By the end of 2023, China Ping an Insurance (Group) had invested 128.6 billion yuan in green insurance funds, an increase of 19% over the same period last year. In 2023, the country's first mangrove carbon sequestration index insurance was launched to protect biodiversity by means of science and technology.