China Insurance Report - Business Monitor International - Industry Reports

China Insurance Report

China Insurance Report - Business Monitor International - Industry Reports
China Insurance Report
Published Aug 13, 2016
58 pages — Published Aug 13, 2016
Price US$ 1,295.00  |  Buy this Report Now

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Abstract:

With annual gross written premiums of about CNY-,---bn (USD---bn) in ----, China s life segment is one of the largest of any monitored by BMI. In local currency terms, growth has varied as investors perceptions of the relative attractions of life insurance (versus other channels for savings, whether in the formal or shadow financial systems) have altered over time. ...With annual gross written premiums of about CNY-,---bn (USD---bn) in ----, China s life segment is one of the largest of any monitored by BMI. In local currency terms, growth has varied as investors perceptions of the relative attractions of life insurance (versus other channels for savings, whether in the formal or shadow financial systems) have altered over time. The long-term trend has generally been for an expansion that is in the high single digits. ...Growth in the life sector will be supported by positive demographic trends. As well as a large absolute population size, the number of people who are aged -- or over is rising, with this group expected to account for over -- of the population by ----, increasing demand for retirement and other later-in-life savings

...Accounting for -- of total written insurance premiums, China s life insurance segment is relatively larger (albeit not significantly) than the non-life segment. With low penetration and density rates, it is underdeveloped by most standards. ...Life premiums should rise from CNY-.--bn in ---- to CNY-.--bn in ----. The slightly smaller non-life insurance segment is set to outpace life insurance over the next five years in terms of growth prospects. We foresee gross non-life insurance premiums expanding by --.- annually ...The slightly smaller non-life insurance segment is set to outpace life insurance over the next five years in terms of growth prospects. We foresee gross non-life insurance premiums expanding by --.- annually

...� Business Monitor International Ltd Page - on average - rising from CNY-.--bn in ---- to CNY-.--bn in ----. By ----, non-life insurance should account for --.- of total written insurance premiums. ...

  
Source:
Document ID
1750-5623
Country
Industry
Format:
PDF Adobe Acrobat
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Business Monitor International - Industry Reports—Established in 1984, Business Monitor International is a leading online publisher of specialist business information on global emerging markets. Business Monitor's range of quarterly services covers political risk, finance, macroeconomic performance, outlook and forecast, industry sectors and the business operating environment. Each Industry Report has been researched at source, and features latest-available data covering production, sales, imports and exports; 5-year industry forecasts through end-2012; company rankings and competitive landscapes for multinational and local manufacturers and suppliers; and analysis of latest industry developments, trends and regulatory changes.

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MLA:
Business Monitor International - Industry Reports. "China Insurance Report" Aug 13, 2016. Alacra Store. Dec 11, 2016. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/China-Insurance-Report-2026-78>
  
APA:
Business Monitor International - Industry Reports. (2016). China Insurance Report Aug 13, 2016. New York, NY: Alacra Store. Retrieved Dec 11, 2016 from <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/China-Insurance-Report-2026-78>
  
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