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139 - Anbang Insurance Group

NEW YORK, NY - JUNE 27: People walk through the lobby of New York's landmark Waldorf Astoria Hotel on June 27, 2016 in New York City. China's Anbang Insurance Group, which recently purchased the Waldorf from Hilton Worldwide Holdings in 2014 for $1.95 billion, has announced plans to convert as much as three-quarters of the rooms into apartments. The insurer will close the Waldorf for up to three years starting next spring for the renovation. Spencer Platt—Getty Images

Key Metrics & Financials (Last Fiscal Year)

Revenues ($M)$60800
Revenue Percent Change124.0%
Profits ($M)$3,883.9
Assets ($M)$430040
Profits Percent Change0.9%
Employees40707
Previous Rank-
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Company Facts

Employees40707
SectorFinancials
IndustryInsurance: Life, Health (Mutual)
CEOWu Xiaohui
HQ LocationBeijing, China
Websitewww.anbanggroup.com
Years on Global 500 List1

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