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Ping An Life's Value Inside Out 终稿英文版

1 Ping An life s ValueInside OutJason YaoDecember 9 Important NotesTo the extent any statements made in this presentation containing information that is not historical are essentially forward-looking. These forward-looking statements include but are not limited to projections, targets, estimates and business plans thatthe Company expects or anticipates will or may occur in the future. These forward-looking statements are subject to known andunknown risks and uncertainties that may be general or specific.

8 Take the sale of a long-term policy for example: • At issuance, a profitable policy generated residual margin - the discounted value of its expected future profits Residual margin = discounted value of total premiums - discounted value of to tal expenses and claims

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