11-17-2018 06:45 AM CET - Business, Economy, Finances, Banking & Insurance

Insurance Market Is Booming Worldwide | People's Insurance Company of China, China Life Insurance

Press release from: HTF Market Intelligence Consulting Pvt. Ltd.
Insurance Market
Insurance Market
HTF Market Intelligence released a new research report of 38 pages on title 'Insurance Market in China 2011' with detailed analysis, forecast and strategies. The study covers key regions that includes China, North America, Europe or Asia and important players such as including the People's Insurance Company of China, China Life Insurance, Ping An Insurance Company of China, China Insurance International Holdings Co., Ltd. (CIIH) and China Pacific Insurance

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The insurance market is growing at an impressive rate. The insurance premium income registered a growth of 31% in 2010. Rising income levels coupled with low penetration of the market the industry is expected to grow at a fast pace.
At present, the gross assets of China Life Insurance have outnumbered RMB 1 trillion. And the total capital of the whole insurance industry has exceeded RMB 200 billion, 5.6 times that of 2002.
The Chinese insurance industry has experienced rapid expansion over the past decade, with annual life-insurance premiums growing from 10 billion U.S. dollars in 1999 to 46 billion U.S. dollars in 2006.

The report begins with a market overview section which discusses the market size in terms of insurance premium and growth. An analysis of the drivers influencing the industry growth includes rising income levels, under-penetrated market, government initiatives and rising auto sales. The key challenges identified include impact of new banking insurance rules and multiple rules and regulations.

The report covers the important rules and regulations concerning the insurance sector in China. It provides an overview about the various criteria that the foreign players must fulfill in order to enter the market. It also discusses the current market trends as IPO pipeline, private placements, entry of banks into the insurance market in China, merger and acquisitions.

The competition section provides data showing the market share of the life insurance companies and non-life insurance companies in China. It also includes brief profile of the major players which incorporates their financials, business highlights as well as their operational performance.

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Page 1: Executive Summary
Market Overview
Page 2: Insurance Market - Overview, Insurance Premium Income Size and Growth (2009 - 201


View Detailed Table of Content @ www.htfmarketreport.com/reports/1304511-insurance-market-...

Thanks for reading this article, you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.

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About Author:
HTF Market Report is a wholly owned brand of HTF market Intelligence Consulting Private Limited. HTF Market Report global research and market intelligence consulting organization is uniquely positioned to not only identify growth opportunities but to also empower and inspire you to create visionary growth strategies for futures, enabled by our extraordinary depth and breadth of thought leadership, research, tools, events and experience that assist you for making goals into a reality. Our understanding of the interplay between industry convergence, Mega Trends, technologies and market trends provides our clients with new business models and expansion opportunities. We are focused on identifying the “Accurate Forecast” in every industry we cover so our clients can reap the benefits of being early market entrants and can accomplish their “Goals & Objectives”.

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