Revenue for the Property, Car and Other Non-Life Insurance industry in China in 2015 is estimated at $142.7 billion, up 10% from 2014, with an annualized growth rate of 15.2% for the past five years. A major driver of industry growth in recent years was the Chinese government's implementation of compulsory motor vehicle accident liability insurance in 2006.
The number of industry enterprises is estimated at 67, reflecting an average growth rate of 4% since 2010.
This industry provides property insurance, motor vehicle insurance, transportation insurance and reinsurance. Life insurance and health insurance are not included in this industry.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.