HONG KONG - Ping An Insurance (Group) Co of China Ltd, the world's No 2 insurer, said it aims to draw half of its profit from non-insurance operations within 3-5 years, up from about 30 percent now.
The company also wanted its insurance, banking and investment income to each contribute about a third of total profit in the next 10-15 years, Vice-Chairman Sun Jianyi said on Monday.
"In the next three to five years, we hope to speed up development of our non-insurance operations so that it can contribute to about 50 percent of our total profit," said Zhao Jun, Ping An's chief legal counsel.
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