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Ping An Healthcare Management
China
Jun 2005 (20 Years)
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What are the differences in regulations for each
License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Company Information
Get to know Ping An Healthcare Management
Company Information
Get to know Ping An Healthcare Management
Ping An Health has established a worldwide medical cooperation network and a customer service response system; both designed in order to provide group and individual customers with complete medical benefits, health care, and consultation services. Ping An Health has an advanced information management system which enables them to provide customers with 24-hour English/Chinese bilingual call services and emergency assistance services in major countries and regions around the world. Ping An Health was established on June 13, 2005 upon the approval of the China Insurance Regulatory Commission (CIRC) , as a professional health insurance company under Ping An Insurance (Group) Company of China, Ltd (otherwise referred to as “PAG”). The company, headquartered in Shanghai, has a registered capital worth of RMB 625 million. In August 2010, Ping An Health entered into a joint venture with Discovery, the largest health insurer in South Africa, which identified Discovery a strategic investor in to Ping An Group. With its global network, Ping An Health has an extensive business scope covering health insurance, accidental injury insurance, health insurance mandated by government, health consultation services, and health reinsurance.
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- Financial InsurancePRIMARY
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