This report helps clients to analyze the leading-edge opportunities criticalto the success of the insurance Industry in China. Detailed data and analysishelps investor, financial service providers, and global banking players navigatethe evolving market of insurance in China.
Key Products Analyzed
Key products like Life and Non Life are also analyzed, supported by the factslike revenue and the market trends.
Key Players
This section provides an overview of the key players in this industry like ChinaLife Insurance, CITIC Group, Generali China Life, Manulife-Sinochem Life, ChinaPacific Life, PICC Property, Mitsui Sumitomo and Pingan Life.
Key Issues and Facts Analyzed
The research report also addresses the issues and facts that are critical tobusiness success, such as:
§ What are the marketing strategies of the players in the insurance industry?
§ How is the growth in Health and Group insurance driving the Insurance sectorin China?
§ How do the demographic factors, like death rate and birthrates affect theChinese insurance market?
§ What are the emerging opportunity and challenges for the industry players?
§ What are the most prospective areas for investments in the insurance sectorin near future?
§ Which factors will lead to the growth of Life and Non Life insurance inChina?
Key Findings
§ The Chinese insurance market has shown a steady growth in the recent past.China has a population of over 1.3 billion and the top ten insurers in Chinaonly have approximately 10% share in the market. That means that 90% of thepotential insurance market in China has yet not been tapped.
§ The total insurance market in China is expected to grow at the rate of morethan 13% to reach the level of more than US$ 100 Billion from the year 2006onwards.
§ Rapid growth in car sales is expected to propel growth in auto insurance,which accounts for more than 60% of China's non-life premium.
Research Methodology used
Information Sources
Information has been sourced from namely, Books, Newspapers, trade journals, andwhite papers, industry portals, government agencies, trade associations,monitoring industry news and developments, and through access to access to morethan 3000 paid databases.
Analysis Methods
The analysis methods includes the following: Ratio Analysis, Historical TrendAnalysis, Linear Regression Analysis using software tools, JudgmentalForecasting and Cause and Effect Analysis.
