Exploring the market development and potential, this research report offers objective analysis on China’s insurance industry. The forecasts and estimations given in this report are not based on a complex economic model, but are intended as a guide to the direction in which the market is likely to move in future. This report therefore serves to provide foreign investors with an in-depth understanding of China’s insurance market.

Key findings of the report are:

§ Personal insurance premium income is forecasted to grow at a CAGR of about 24% during our forecast period spanning from 2008 to 2012.
§ Life insurance premium income is expected to rise to about RMB 1384 Billion by the end of 2012, growing at CAGR of about 25.5%.
§ Growing role of bancassurance and investment-linked insurance products will decide the future of life insurance industry in the country.
§ Property insurance premium income is forecasted to grow at CAGR of about 21% during 2008-2012.
§ Booming China’s automobile (including two- and three-wheelers) industry will continue driving country’s property insurance market during the forecast period.

Report features:

§ Detailed analysis on the current status of insurance market in China.
§ Overview on the fastest growing products.
§ Future outlook of the Chinese insurance market.
§ Growth prospects and major roadblocks in the market.

Major players discussed in the report are:
This section provides an insight on key players in the insurance market of China. These include China Life Insurance Company Limited, PICC Property & Casualty Ltd, Ping An Group and China Pacific Insurance (Group) Co. Ltd.

Information in the report has been sourced from:
Books, newspapers, trade journals, white papers, industry portals, government agencies, trade associations, monitoring industry news and developments, and through access to over 3000 paid databases.

Research methodology used in the report is:
Industry forecast and analysis is based on various macro- and microeconomic factors, sector and industry specific databases, and our in-house statistical and analytical model. This model takes into account the past and current trends in an economy, and more specifically in an industry, to bring out an objective market analysis.

Our industry experts study the relationship between various industry and economic variables to ensure the required accuracy and desired check on the quality of data and information given in the report.

1. Analyst View

2. China - A Fast Growing Economy
     2.1 GDP Growth & Structure
     2.2 Population Growth & Structure
     2.3 Income Growth & Structure

3. China Insurance Market - Current Scenario

4. Market Performance
     4.1 By Personal Insurance
            4.1.1 Life Insurance
            4.1.2 Health Insurance
            4.1.3 Personal Accident Insurance
     4.2 By Property Insurance
            4.2.1 Motor Insurance
            4.2.2 Commercial Property Insurance
            4.2.3 Others
     4.3 By Distribution Network
            4.3.1 Agency
            4.3.2 Bancassurance
            4.3.3 Broker/Corporate Agents
     4.4 By Province
            4.4.1 Personal Insurance
            4.4.2 Property Insurance

5. Reinsurance Market

6. Foreign Insurers in China - An Analysis

7. Government Reforms & their Effect on Insurance Market

8. Key Growth Prospects
     8.1 Investment-oriented Insurance Products
     8.2 Agriculture & Livestock Insurance
     8.3 Health Insurance
     8.4 Pension Insurance
     8.5 Reinsurance
     8.6 Online Insurance Marketing

9. Market Roadblocks
     9.1 Cultural Barriers
     9.2 Income Disparities
     9.3 Consumer Awareness
     9.4 Shortage of Qualified Personnel

10. Key Market Contributors
     10.1 China Life Insurance Company Limited
     10.2 PICC Property & Casualty Limited
     10.3 Ping An Insurance (Group) Co
     10.4 China Pacific Insurance (Group) Co. Ltd

List of Figures:
Figure 2-1: China - Per Head GDP (in US$), 2000-2007E
Figure 2-2: China - GDP Mix by Sector (%), 2007
Figure 2-3: China - Population (in Million), 2001-2007E
Figure 2-4: China - Urban & Rural Population Split (%), 2001-2007
Figure 2-5: China - Per Head Disposable Income (in US$), 2001-2007E
Figure 2-6: China - Forecast for Per Head Disposable Income (in US$), 2008-2012
Figure 3-1: China - Number of Personal & Property Insurers (2002-2007)
Figure 3-2: China - Insurance Premium Income (in Billion RMB), 2002-2007
Figure 3-3: China - Breakup of Insurance Premium Income (%), 2007
Figure 4-1: China - Personal Insurance Premium Income (in Billion RMB), 2002-2007
Figure 4-2: China - Forecast for Personal Insurance Premium Income (in Billion RMB), 2008-2012
Figure 4-3: China - Breakup of Personal Insurance Premium Income (%), 2007
Figure 4-4: China - Market Share of Leading Personal Insurers (%), 2007
Figure 4-5: China - Personal Insurance Claims Paid (in Billion RMB), 2006 & 2007
Figure 4-6: China - Life Insurance Premium Income (in Billion RMB), 2006 & 2007
Figure 4-7: China - Forecast for Life Insurance Premium Income (in Billion RMB), 2008-2012
Figure 4-8: China - Life Insurance Claims Paid (in Billion RMB), 2006 & 2007
Figure 4-9: China - Health Insurance Premium Income (in Billion RMB), 2006 & 2007
Figure 4-10: China - Health Insurance Claims Paid (in Billion RMB), 2006 & 2007
Figure 4-11: China - Personal Accident Insurance Premium Income (in Billion RMB), 2006 & 2007
Figure 4-12: China - Personal Accident Insurance Claims Paid (in Billion RMB), 2006 & 2007
Figure 4-13: China - Property Insurance Premium Income (in Billion RMB), 2002-2007
Figure 4-14: China - Forecast for Property Insurance Premium Income (in Billion RMB), 2008-2012
Figure 4-15: China - Breakup of Property Insurance Premium (%), 2007
Figure 4-16: China - Market Share of Leading Property Insurers (%), 2007
Figure 4-17: China - Property Insurance Claims Paid (in Billion RMB), 2006 & 2007
Figure 4-18: China - Motor Insurance Premium Income (in Billion RMB), 2007 & 2012F
Figure 4-19: China - Vehicle Sales (in Million Units), 2001-2007
Figure 4-20: Beijing - Vehicle Sales (in Million Units), 2001-2007
Figure 4-21: China - Commercial Property Insurance Premium Income (in Billion RMB), 2003-2007E
Figure 4-22: China - Forecast for Commercial Property Insurance Premium Income (in Billion RMB), 2008-2012
Figure 4-23: China - Agriculture Insurance Premium Income (in Billion RMB), H1 2006 & H1 2007
Figure 4-24: China - Personal Insurance Premium Earned via Agency Network (%), 2006
Figure 4-25: China - Personal Insurance Premium Earned via Bancassurance (%), 2007
Figure 4-26: China - Personal Insurance Premium Earned via Corporate Agents/Brokers (%), 2006
Figure 4-27: China - Insurance Premium by Province (%), 2007
Figure 4-28: China - Personal Insurance Premium by Province (%), 2007
Figure 4-29: China - Property Insurance Premium by Province (%), 2007
Figure 5-1: China - Reinsurance Demand (in Billion RMB), 2005 & 2010F
Figure 8-1: China - Personal Insurance Penetration w.r.t Other Countries (%), 2007
Figure 8-2: China - Share of Investment-oriented Products in Personal Insurance Premium (%), H1 2008
Figure 8-3: China - Agriculture Insurance Premium Income (in Million RMB), 2006 & 2010F
Figure 8-4: China - Health Insurance Premium Income (in Billion RMB), 2007 & 2010F
Figure 8-5: China - Per Head Healthcare Spending (in US$), 2007 & 2010F
Figure 8-6: China - Forecast for Male & Female Life Expectancies (in Years), 2008-2012
Figure 8-7: China - Reinsurance Premium Income (in Billion RMB), 2004 & 2010F
Figure 8-8: China - Forecast for Internet Users (in Million), 2008-2012
Figure 9-1: China - Average Personal Income in Urban & Rural Areas (in RMB), 2002-2007

List of Tables:
Table 2-1: Global - Top Ten Countries by GDP (in Trillion US$), 2007
Table 4-1: China - Top Ten Provinces by Insurance Premium (in Billion RMB), 2007
Table 4-2: China - Top Ten Provinces by Personal Insurance Premium (in Billion RMB), 2007
Table 4-3: China - Top Ten Provinces by Property Insurance Premium (in Billion RMB), 2007
Table 6-1: China - Top Five Foreign Life Insurers by Premium Income (in Billion RMB), 2007
Table 6-2: China - Top Five Foreign Non-life Insurers by Premium Income (in Billion RMB), 2007

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