ZhongAn Online P&C Insurance Co., Ltd.
Industry Group: Insurance
Country/Region: China
Identifier: HKG:6060
Headquartered in Shanghai, ZhongAn was founded by Ant Financial, Tencent, Ping An Insurance, and other well-known enterprises in 2013. The company is the first internet-based insurance company in China. It provides online underwriting and claim services through the internet without any offline branches. ZhongAn was listed in September 2017 in Hong Kong. Besides the online insurance segment, the company operates technology and banking segments. Its insurance technology segment exports digital operating system, middle platforms, and industry models to licensed financial players both domestically and overseas. Its banking segment, through Hong Kong-based virtual bank ZA Bank, offers similar services as traditional offline banks but without an offline presence.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Insurance 213 out of 299
Universe
Global Universe 8847 out of 15104
What are the ESG Risk Ratings?
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Industry Comparison
| Company | ESG Risk Rating | Industry Rank |
|---|---|---|
| Lancashire Holdings Ltd. |
24.6
Medium
|
163 out of 299 |
| Palomar Holdings, Inc. |
24.9
Medium
|
169 out of 299 |
| SiriusPoint Ltd. |
26.5
Medium
|
199 out of 299 |
| ZhongAn Online P&C Insurance Co., Ltd. |
27.2
Medium
|
213 out of 299 |
| Stewart Information Services Corp. |
28.4
Medium
|
229 out of 299 |
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Our Approach to Calculating ESG Risk
The ESG Risk Ratings measure a company's exposure to industry-specific material ESG risks and how well a company is managing those risks.
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues. Our exposure score takes into consideration subindustry and company-specific factors such as its business model.
Management
Management refers to how well a company is managing its relevant ESG issues. Our management score assesses the robustness of a company's ESG programs, practices and policies.
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Top Material ESG Issues for ZhongAn Online P&C Insurance Co., Ltd.
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Controversy Rating
Highest Controversy level that has impacted ZhongAn Online P&C Insurance Co., Ltd.'s ESG Risk Rating in the last three years
Highest Controversy Level
Contributing Events
Highest Controversy Events Locations
