Ping An has launched a dedicated directors and officers (D&O) liability insurance service brand that extends support beyond claims into pre-loss risk prevention and incident management, as Chinese regulators tighten board accountability requirements.
The insurer unveiled the “Dong Ping An” brand on 30 July, offering listed companies, directors and senior executives support across the full risk cycle, according to Ping An and a report by China Securities Journal.
Under the model, Ping An said it will help companies identify governance and disclosure risks before an incident, provide access to professional support when regulatory, reputational or litigation issues arise, and manage claims after a loss.
The launch comes as Chinese authorities place greater emphasis on board accountability. In governance guidelines dated 16 March, the National Financial Regulatory Administration, People’s Bank of China, China Securities Regulatory Commission and Ministry of Finance called for stronger board oversight and explicitly encouraged financial institutions to obtain liability insurance for independent directors.
The guidelines also called for tighter controls on major shareholders, enhanced director performance assessments and stronger accountability mechanisms, with authorities targeting a more robust financial institution governance framework by 2029.
Ping An said it had provided D&O cover to more than 600 A-share listed companies as of the first half of 2026, and had handled more than 350 claims and paid more than CNY200m (US$29.6m) since it wrote its first policy.
The D&O expansion comes after Ping An Insurance (Group) of China reported stronger underwriting and new business performance in the first quarter of 2026, with its life and health business recording a 20.8% year-on-year increase in new business value and Ping An P&C improving its combined ratio by 0.8 percentage points to 95.8%.
