BEIJING/SHANGHAI, Oct 24 (Reuters) - Ping An Insurance Group Co of China Ltd 2318.HK, 601318.SS, the country's largest insurer by market value, posted a 49.7% jump in third-quarter net profit on a steady increase in retail customers.
Net profit rose to 31.9 billion yuan ($4.51 billion) in the quarter to September 30 from 21.3 billion yuan a year earlier, Ping An said in a stock market filing in Hong Kong on Thursday.
Ping An Insurance Group is the controlling shareholder of Ping An Bank 000001.SZ, which reported a 16% rise in third-quarter net profit.
($1 = 7.0716 Chinese yuan renminbi)
(Reporting by Cheng Leng in Beijing and Engen Tham in Shanghai; editing by Jason Neely)