Life Insurance in China, Key Trends and Opportunities to 2017

PR Newswire

LONDON, Jan. 27, 2014 /PRNewswire/ -- Reportbuyer.com just published a new market research report:

Life Insurance in China, Key Trends and Opportunities to 2017

Synopsis

The report provides in depth market analysis, information and insights into the Chinese life insurance segment, including:
• Benchmarking analysis of the BRICS (Brazil, Russia, India, China and South Africa) countries
• The Chinese life insurance segment's growth prospects by life insurance categories and customer segments
• The various distribution channels in the Chinese life insurance segment
• The competitive landscape in the Chinese life insurance segment
• A description of the life reinsurance segment in China
• Detailed analysis of the regulatory framework in China

Summary

The life segment accounted for 59.7% of the country's insurance industry in 2012. The life segment's growth slackened in 2011 and 2012, after phenomenal expansion at a CAGR of 28.5% during 2006–2010. The changes in reporting basis to Chinese GAAP in 2011 (which excludes most premiums from variable universal life and investment-linked products) and new bancassurance regulations imposed by the China Banking Regulatory Commission (CBRC) in November 2010 reduced the growth in premium. Despite the current challenging operating environment for life insurance, the long-term growth potential remains encouraging given China's low insurance penetration, rising income levels and aging population.

Scope

This report provides a comprehensive analysis of the life insurance segment in China:
• It provides historical values for China's life insurance segment for the report's 2008–2012 review period and forecast figures for the 2012–2017 forecast period
• It offers a detailed analysis of the key sub-segments in China's life insurance segment, along with industry forecasts until 2017
• It covers an exhaustive list of parameters including written premium, incurred loss, loss ratio, commissions and expenses, combined ratio, frauds and crimes, total assets, total investment income and retentions
• It analyses the various distribution channels for life insurance products in China
• Using Porter's industry-standard "Five Forces" analysis, it details the competitive landscape in China for the life insurance segment
• It provides a detailed analysis of the reinsurance segment in China and its growth prospects
• It profiles the top life insurance companies in China and outlines the key regulations affecting them

Reasons To Buy

• Make strategic business decisions using historic and forecast market data related to the Chinese life insurance segment and each sector within it
• Understand the demand-side dynamics, key trends and growth opportunities within the Chinese life insurance segment
• Assess the competitive dynamics in the life insurance segment, along with the reinsurance segment
• Identify the growth opportunities and market dynamics within key product categories
• Gain insights into key regulations governing the Chinese insurance industry and its impact on companies and future trends in the industry

Key Highlights

• The life insurance segment is going through a sluggish phase, marred by uncertain economic growth and volatile market conditions.
• The ongoing tightening of regulation by the China Insurance Regulatory Commission (CIRC) is also acting as a hindrance to growth.
• Despite the pressures, China remains a significant opportunity for insurers given the largely underpenetrated nature of the life insurance segment.
• The life segment accounted for 59.7% of the country's insurance industry in 2012.
• The segment is concentrated with 96% of the total life segment premium in 2012 distributed among domestic insurers.
• The long-term growth potential remains encouraging given China's low insurance penetration, rising income levels and aging population.

Table of Contents
1 Executive Summary
2 Introduction
2.1 What is this Report About?
2.2 Definitions
2.3 Methodology
3 Regional Market Dynamics
3.1 Overview
3.1.1 Market trends
3.1.2 Market size
4 Life Insurance
4.1 Scale and Penetration
4.1.1 Total gross written premium
4.1.2 Premium per capita
4.1.3 Life insurance penetration (as a percentage of GDP)
4.2 Growth
4.2.1 Gross written premium
4.2.2 Gross written premium per capita
4.3 Efficiency and Risk
4.3.1 Loss ratio
4.3.2 Combined ratio
4.3.3 Incurred losses per capita
4.3.4 Incurred losses as a percentage of GDP
4.4 Distribution Channels
4.4.1 Direct marketing
4.4.2 Bancassurance
4.4.3 Agencies
5 Chinese Insurance Industry Attractiveness
5.1 Insurance Industry Size, 2008–2017
5.2 Key Industry Trends and Drivers
6 Life Insurance Outlook
6.1 Life Insurance Growth Prospects by Category
6.1.1 Individual life insurance
6.1.2 Individual general annuity insurance
6.1.3 Individual endowment insurance
6.1.4 Individual unit-linked insurance
6.1.5 Individual term life insurance
6.1.6 Group life insurance
6.1.7 Group superannuation insurance
6.2 Life Insurance Growth Prospects by Product Type
6.2.1 Individual single-premium policies
6.2.2 Individual non-single-premium policies
6.2.3 Group single-premium policies
6.2.4 Group non-single-premium policies
7 Analysis by Distribution Channel
7.1 Direct Marketing
7.2 Bancassurance
7.3 Agencies
7.4 E-commerce
7.5 Brokers
7.6 Other Channels
8 Porter's Five Forces Analysis – Chinese Life Insurance
8.1 Bargaining Power of Supplier: Medium
8.2 Bargaining Power of Buyer: Low
8.3 Barriers to Entry: Medium to High
8.4 Intensity of Rivalry: Medium to High
8.5 Threat of Substitutes: Low
9 Reinsurance Growth Dynamics and Challenges
9.1 Reinsurance Segment Size, 2008–2017
9.2 Reinsurance Segment Size by Type of Insurance, 2008–2017
10 Governance, Risk and Compliance
10.1 Legislation Overview and Historical Evolution
10.2 Legislation Trends by Type of Insurance
10.2.1 Life insurance regulatory trends
10.2.2 Property insurance regulatory trends
10.2.3 Liability insurance regulatory trends
10.2.4 Motor insurance regulatory trends
10.2.5 Marine, aviation and transit insurance regulatory trends
10.2.6 Personal accident insurance regulatory trends
10.2.7 Health insurance regulatory trends
10.3 Compulsory Insurance
10.3.1 Third-party motor insurance
10.3.2 Compulsory environmental insurance
10.4 Supervision and Control
10.4.1 International Association of Insurance Supervisors (IAIAS)
10.4.2 China Insurance Regulatory Commission (CIRC)
10.5 Non-Admitted Insurance Regulatory Trends
10.5.1 Overview
10.5.2 Intermediaries
10.5.3 Market Practices
10.5.4 Fines and Penalties
10.6 Company Registration and Operations
10.6.1 Types of Insurance Organization
10.6.2 Establishing A Local Company
10.6.3 Foreign Ownership
10.6.4 Types of License
10.6.5 Capital Requirements
10.6.6 Solvency Margins
10.6.7 Reserve Requirements
10.6.8 Investment Regulation
10.6.9 Policy Terms and Conditions
10.7 Taxation
10.7.1 Insurance Premium or Policy Taxation
10.7.2 Corporate Tax
10.7.3 VAT
10.7.4 Captives
10.8 Legal System
10.8.1 Introduction
10.8.2 Access to Courts
10.8.3 Alternative Dispute Resolution (ADR)
11 Competitive Landscape and Strategic Insights
11.1 Overview
11.2 Leading Companies in the Chinese Life Insurance Segment
11.3 China Life Insurance Company Ltd – Company Overview
11.3.1 China Life Insurance Company Ltd – key facts
11.3.2 China Life Insurance Company Ltd – key financials
11.4 Ping An Life Insurance Company of China, Ltd – Company Overview
11.4.1 Ping An Life Insurance Company of China, Ltd – key facts
11.4.2 Ping An Insurance (Group) Company of China, Ltd – key financials
11.5 New China Life Insurance Co. Ltd – Company Overview
11.5.1 New China Life Insurance Co. Ltd – key facts
11.5.2 New China Life Insurance Co. Ltd – key financials
11.6 China Pacific Insurance (Group) Co., Ltd – Company Overview
11.6.1 China Pacific Insurance (Group) Co., Ltd – key facts
11.6.2 China Pacific Insurance (Group) Co., Ltd – key financials
11.7 PICC Life – Company Overview
11.7.1 PICC Life – key facts
11.7.2 PICC Life – key financials
11.8 Taikang Life Insurance Co., Ltd – Company Overview
11.8.1 Taikang Life Insurance Co., Ltd – key facts
11.8.2 Taikang Life Insurance Co., Ltd – key financials
11.9 Taiping Life Insurance Company Ltd – Company Overview
11.9.1 Taiping Life Insurance Company Ltd – key facts
11.9.2 Taiping Life Insurance Company Ltd – key financials
11.1 Sino Life Insurance Co., Ltd – Company Overview
11.10.1 Sino Life Insurance Co., Ltd – key facts
11.10.2 Sino Life Insurance Co., Ltd – key financials
11.11 Sunshine Insurance Group Co., Ltd – Company Overview
11.11.1 Sunshine Insurance Group Co., Ltd – key facts
11.11.2 Sunshine Insurance Group Co., Ltd – key financials
11.12 China Post Life Insurance Company Ltd – Company Overview
11.12.1 China Post Life Insurance Company Ltd – key facts
11.12.2 China Post Life Insurance Company Ltd – key financials
12 Business Environment and Country Risk
12.1 Business Confidence
12.1.1 Market capitalization trend – Shanghai Stock Exchange, China
12.2 Economic Performance
12.2.1 Net foreign direct investment
12.2.2 GDP at constant prices (US$)
12.2.3 GDP per capita at constant prices (US$)
12.2.4 GDP at current prices (US$)
12.2.5 GDP per capita at current prices (US$)
12.2.6 GDP by key segments
12.2.7 Agriculture, hunting, forestry and fishing net output at current prices (US$)
12.2.8 Agriculture, hunting, forestry and fishing net output at current prices as a percentage of GDP
12.2.9 Manufacturing net output at current prices (US$)
12.2.10 Manufacturing net output at current prices as a percentage of GDP
12.2.11 Mining, manufacturing and utilities at current prices (US$)
12.2.12 Mining, manufacturing and utilities at current prices as a percentage of GDP
12.2.13 Construction net output at current prices, (US$)
12.2.14 Construction net output at current prices as a percentage of GDP
12.2.15 Inflation rate
12.2.16 Current account balance as a percentage of GDP
12.2.17 Exports as a percentage of GDP
12.2.18 Imports as a percentage of GDP
12.2.19 Exports growth
12.2.20 Imports growth
12.2.21 External debt as a percentage of GDP
12.3 Infrastructure Quality and Availability
12.3.1 Commercial vehicles exports – total value
12.3.2 Commercial vehicles imports – total value
12.3.3 Automotive exports – total value
12.3.4 Automotive imports – total value
12.3.5 Life expectancy
12.3.6 Total internet subscribers
12.4 Labor Force
12.4.1 Unemployment rate
12.5 Demographics
12.5.1 Household consumption expenditure (US$)
12.5.2 Total population
12.5.3 Urban and rural populations
12.5.4 Females as a percentage of the population
12.5.5 Males as a percentage of the population
12.5.6 Median age of the population
12.5.7 Age distribution of the total population
12.5.8 Number of households
13 Appendix
13.1 Methodology
13.2 Contact Timetric
13.3 About Timetric
13.4 Timetric's Services
13.5 Disclaimer

List of Tables
Table 1: Insurance Industry Definitions
Table 2: Chinese Insurance – Overall Written Premium by Segment (CNY Billion), 2008–2012
Table 3: Chinese Insurance – Overall Written Premium by Segment (US$ Billion), 2008–2012
Table 4: Chinese Insurance – Overall Written Premium by Segment (CNY Billion), 2012–2017
Table 5: Chinese Insurance – Overall Written Premium by Segment (US$ Billion), 2012–2017
Table 6: Chinese Insurance – Segmentation (% Share), 2008–2017
Table 7: Chinese Life Insurance – Written Premium by Category (CNY Billion), 2008–2012
Table 8: Chinese Life Insurance – Written Premium by Category (US$ Billion), 2008–2012
Table 9: Chinese Life Insurance – Written Premium by Category (CNY Billion), 2012–2017
Table 10: Chinese Life Insurance – Written Premium by Category (US$ Billion), 2012–2017
Table 11: Chinese Life Insurance – Earned Premium (CNY Billion), 2008–2012
Table 12: Chinese Life Insurance – Earned Premium (CNY Billion), 2012–2017
Table 13: Chinese Life Insurance – Sum Assured (CNY Billion), 2008–2012
Table 14: Chinese Life Insurance – Sum Assured (CNY Billion), 2012–2017
Table 15: Chinese Life Insurance – Paid Claims (CNY Billion), 2008–2012
Table 16: Chinese Life Insurance – Paid Claims (CNY Billion), 2012–2017
Table 17: Chinese Life Insurance – Incurred Loss (CNY Billion), 2008–2012
Table 18: Chinese Life Insurance – Incurred Loss (CNY Billion), 2012–2017
Table 19: Chinese Life Insurance – Loss Ratio (%), 2008–2012
Table 20: Chinese Life Insurance – Loss Ratio (%), 2012–2017
Table 21: Chinese Life Insurance – Commissions and Expenses (CNY Billion), 2008–2012
Table 22: Chinese Life Insurance – Commissions and Expenses (CNY Billion), 2012–2017
Table 23: Chinese Life Insurance – Combined Ratio (%), 2008–2012
Table 24: Chinese Life Insurance – Combined Ratio (%), 2012–2017
Table 25: Chinese Life Insurance – Frauds and Crimes (CNY Billion), 2008–2012
Table 26: Chinese Life Insurance – Frauds and Crimes (CNY Billion), 2012–2017
Table 27: Chinese Life Insurance – Total Assets (CNY Billion), 2008–2012
Table 28: Chinese Life Insurance – Total Assets (CNY Billion), 2012–2017
Table 29: Chinese Life Insurance – Total Investment Income (CNY Billion), 2008–2012
Table 30: Chinese Life Insurance – Total Investment Income (CNY Billion), 2012–2017
Table 31: Chinese Life Insurance – Retentions (CNY Billion), 2008–2012
Table 32: Chinese Life Insurance – Retentions (CNY Billion), 2012–2017
Table 33: Chinese Individual Life Insurance – Number of Active Policies (Thousand), 2008–2012
Table 34: Chinese Individual Life Insurance – Number of Active Policies, 2012–2017
Table 35: Chinese Individual Life Insurance – Written Premium (CNY Billion), 2008–2012
Table 36: Chinese Individual Life Insurance – Written Premium (CNY Billion), 2012–2017
Table 37: Chinese Individual General Annuity Insurance – Number of Active Policies (Thousand), 2008–2012
Table 38: Chinese Individual General Annuity Insurance – Number of Active Policies (Thousand), 2012–2017
Table 39: Chinese Individual General Annuity Insurance – Written Premium (CNY Billion), 2008–2012
Table 40: Chinese Individual General Annuity Insurance – Written Premium (CNY Billion), 2012–2017
Table 41: Chinese Individual Endowment Insurance – Number of Active Policies (Thousand), 2008–2012
Table 42: Chinese Individual Endowment Insurance – Number of Active Policies (Thousand), 2012–2017
Table 43: Chinese Individual Endowment Insurance – Written Premium (CNY Billion), 2008–2012
Table 44: Chinese Individual Endowment Insurance – Written Premium (CNY Billion), 2012–2017
Table 45: Chinese Individual Unit-Linked Insurance – Number of Active Policies (Thousand), 2008–2012
Table 46: Chinese Individual Unit-Linked Insurance – Number of Active Policies (Thousand), 2012–2017
Table 47: Chinese Individual Unit-Linked Insurance – Written Premium (CNY Billion), 2008–2012
Table 48: Chinese Individual Unit-Linked Insurance – Written Premium (CNY Billion), 2012–2017
Table 49: Chinese Individual Term Life Insurance – Number of Active Policies (Thousand), 2008–2012
Table 50: Chinese Individual Term Life Insurance – Number of Active Policies (Thousand), 2012–2017
Table 51: Chinese Individual Term Life Insurance – Written Premium (CNY Billion), 2008–2012
Table 52: Chinese Individual Term Life Insurance – Written Premium (CNY Billion), 2012–2017
Table 53: Chinese Group Life Insurance – Number of Active Policies (Thousand), 2008–2012
Table 54: Chinese Group Life Insurance – Number of Active Policies (Thousand), 2012–2017
Table 55: Chinese Group Life Insurance – Written Premium (CNY Billion), 2008–2012
Table 56: Chinese Group Life Insurance – Written Premium (CNY Billion), 2012–2017
Table 57: Chinese Group Superannuation Insurance – Number of Active Policies (Thousand), 2008–2012
Table 58: Chinese Group Superannuation Insurance – Number of Active Policies (Thousand), 2012–2017
Table 59: Chinese Group Superannuation Insurance – Written Premium (CNY Billion), 2008–2012
Table 60: Chinese Group Superannuation Insurance – Written Premium (CNY Billion), 2012–2017
Table 61: Chinese Individual Single-Premium Insurance – Number of Active Policies (Thousand), 2008–2012
Table 62: Chinese Individual Single-Premium Insurance – Number of Active Policies (Thousand), 2012–2017
Table 63: Chinese Individual Single-Premium Insurance – Written Premium (CNY Billion), 2008–2012
Table 64: Chinese Individual Single-Premium Insurance – Written Premium (CNY Billion), 2012–2017
Table 65: Chinese Individual Non-Single-Premium Insurance – Number of Active Policies (Thousand), 2008–2012
Table 66: Chinese Individual Non-Single-Premium Insurance – Number of Active Policies (Thousand), 2012–2017
Table 67: Chinese Individual Non-Single-Premium Insurance – Written Premium (CNY Billion), 2008–2012
Table 68: Chinese Individual Non-Single-Premium Insurance – Written Premium (CNY Billion), 2012–2017
Table 69: Chinese Group Single-Premium Insurance – Number of Active Policies (Thousand), 2008–2012
Table 70: Chinese Group Single-Premium Insurance – Number of Active Policies (Thousand), 2012–2017
Table 71: Chinese Group Single-Premium Insurance – Written Premium (CNY Billion), 2008–2012
Table 72: Chinese Group Single-Premium Insurance – Written Premium (CNY Billion), 2012–2017
Table 73: Chinese Group Non-Single-Premium Insurance – Number of Active Policies (Thousand), 2008–2012
Table 74: Chinese Group Non-Single-Premium Insurance – Number of Active Policies (Thousand), 2012–2017
Table 75: Chinese Group Non-Single-Premium Insurance – Written Premium (CNY Billion), 2008–2012
Table 76: Chinese Group Non-Single-Premium Insurance – Written Premium (CNY Billion), 2012–2017
Table 77: Chinese Life Insurance – Direct Marketing Commission Paid (CNY Billion), 2008–2012
Table 78: Chinese Life Insurance – Direct Marketing Commission Paid (CNY Billion), 2012–2017
Table 79: Chinese Life Insurance – New Business Written Premium Through Direct Marketing (CNY Billion), 2008–2012
Table 80: Chinese Life Insurance – New Business Written Premium Through Direct Marketing (CNY Billion), 2012–2017
Table 81: Chinese Life Insurance – New Policies Sold Through Direct Marketing (Thousand), 2008–2012
Table 82: Chinese Life Insurance – New Policies Sold Through Direct Marketing (Thousand), 2012–2017
Table 83: Chinese Life Insurance – Number of Direct Marketing Distributors, 2008–2012
Table 84: Chinese Life Insurance – Number of Direct Marketing Distributors, 2012–2017
Table 85: Chinese Life Insurance – Bancassurance Commission Paid (CNY Billion), 2008–2012
Table 86: Chinese Life Insurance – Bancassurance Commission Paid (CNY Billion), 2012–2017
Table 87: Chinese Life Insurance – New Business Written Premium Through Bancassurance (CNY Billion), 2008–2012
Table 88: Chinese Life Insurance – New Business Written Premium Through Bancassurance (CNY Billion), 2012–2017
Table 89: Chinese Life Insurance – New Policies Sold Through Bancassurance (Thousand), 2008–2012
Table 90: Chinese Life Insurance – New Policies Sold Through Bancassurance (Thousand), 2012–2017
Table 91: Chinese Life Insurance – Number of Bancassurance Distributors, 2008–2012
Table 92: Chinese Life Insurance – Number of Bancassurance Distributors, 2012–2017
Table 93: Chinese Life Insurance – Commission Paid to Agencies (CNY Billion), 2008–2012
Table 94: Chinese Life Insurance – Commission Paid to Agencies (CNY Billion), 2012–2017
Table 95: Chinese Life Insurance – New Business Written Premium Through Agencies (CNY Billion), 2008–2012
Table 96: Chinese Life Insurance – New Business Written Premium Through Agencies (CNY Billion), 2012–2017
Table 97: Chinese Life Insurance – New Policies Sold Through Agencies (Thousand), 2008–2012
Table 98: Chinese Life Insurance – New Policies Sold Through Agencies (Thousand), 2012–2017
Table 99: Chinese Life Insurance – Number of Agencies, 2008–2012
Table 100: Chinese Life Insurance – Number of Agencies, 2012–2017
Table 101: Chinese Life Insurance – E-Commerce Commission Paid (CNY Billion), 2008–2012
Table 102: Chinese Life Insurance – E-Commerce Commission Paid (CNY Billion), 2012–2017
Table 103: Chinese Life Insurance – New Business Written Premium Through E-Commerce (CNY Billion), 2008–2012
Table 104: Chinese Life Insurance – New Business Written Premium Through E-Commerce (CNY Billion), 2012–2017
Table 105: Chinese Life Insurance – New Policies Sold Through E-Commerce (Thousand), 2008–2012
Table 106: Chinese Life Insurance – New Policies Sold Through E-Commerce (Thousand), 2012–2017
Table 107: Chinese Life Insurance – Number of E-Commerce Distributors, 2008–2012
Table 108: Chinese Life Insurance – Number of E-Commerce Distributors, 2012–2017
Table 109: Chinese Life Insurance – Commission Paid to Brokers (CNY Billion), 2008–2012
Table 110: Chinese Life Insurance – Commission Paid to Brokers (CNY Billion), 2012–2017
Table 111: Chinese Life Insurance – New Business Written Premium Through Brokers (CNY Billion), 2008–2012
Table 112: Chinese Life Insurance – New Business Written Premium Through Brokers (CNY Billion), 2012–2017
Table 113: Chinese Life Insurance – New Policies Sold Through Brokers (Thousand), 2008–2012
Table 114: Chinese Life Insurance – New Policies Sold Through Brokers (Thousand), 2012–2017
Table 115: Chinese Life Insurance – Number of Brokers, 2008–2012
Table 116: Chinese Life Insurance – Number of Brokers, 2012–2017
Table 117: Chinese Life Insurance – Commission Paid to Other Channels (CNY Billion), 2008–2012
Table 118: Chinese Life Insurance – Commission Paid to Other Channels (CNY Billion), 2012–2017
Table 119: Chinese Life Insurance – New Business Written Premium Through Other Channels (CNY Billion), 2008–2012
Table 120: Chinese Life Insurance – New Business Written Premium Through Other Channels (CNY Billion), 2012–2017
Table 121: Chinese Life Insurance – New Policies Sold Through Other Channels (Thousand), 2008–2012
Table 122: Chinese Life Insurance – New Policies Sold Through Other Channels (Thousand), 2012–2017
Table 123: Chinese Life Insurance – Number of Distributors in Other Channels, 2008–2012
Table 124: Chinese Life Insurance – Number of Distributors in Other Channels, 2012–2017
Table 125: Reinsurance in China by Category (CNY Billion), 2008–2012
Table 126: Reinsurance in China by Category (US$ Billion), 2008–2012
Table 127: Reinsurance in Chinese by Category (CNY Billion), 2012–2017
Table 128: Reinsurance in Chinese by Category (US$ Billion), 2012–2017
Table 129: Chinese Premium Ceded to Reinsurance by Type of Insurance (CNY Billion), 2008–2012
Table 130: Chinese Premium Ceded to Reinsurance by Type of Insurance (US$ Billion), 2008–2012
Table 131: Chinese Premium Ceded to Reinsurance by Type of Insurance (CNY Billion), 2012–2017
Table 132: Chinese Premium Ceded to Reinsurance by Type of Insurance (US$ Billion), 2012–2017
Table 133: Chinese Life Insurance – Percentage of Reinsurance Ceded (%), 2008–2012
Table 134: Chinese Life Insurance – Percentage of Reinsurance Ceded (%), 2012–2017
Table 135: The Evolution of Statutory Automobile Liability Insurance (SALI) in China:
Table 136: Corporate Tax Rates in China for the Financial Year 2012–2013
Table 137: Shares of Key Insurers in the Chinese Life Insurance Segment (%), 2012
Table 138: China Life Insurance Company Ltd – Key Facts
Table 139: China Life Insurance Company Ltd – Key Financials (CNY Million), 2007–2012
Table 140: Ping An Life Insurance Company of China, Ltd – Key Facts
Table 141: Ping An Insurance (Group) Company of China, Ltd – Key Financials (CNY Million), 2007–2012
Table 142: New China Life Insurance Co. Ltd – Key Facts
Table 143: New China Life Insurance Co. Ltd – Key Financials (CNY Million), 2010–2012
Table 144: China Pacific Insurance (Group) Co., Ltd – Key Facts
Table 145: China Pacific Insurance (Group) Co., Ltd – Key Financials (CNY Million), 2008–2012
Table 146: PICC Life – Key Facts
Table 147: PICC Life – Key Financials (CNY Million), 2011 and 2012
Table 148: Taikang Life Insurance Co., Ltd – Key Facts
Table 149: Taikang Life Insurance Co., Ltd – Key Financials (CNY Million), 2010–2012
Table 150: Taiping Life Insurance Company Ltd – Key Facts
Table 151: Taiping Life Insurance Company Ltd – Key Financials (CNY Million), 2008–2012
Table 152: Sino Life Insurance Co., Ltd – Key Facts
Table 153: Sino Life Insurance Co., Ltd – Key Financials (CNY Million), 2009–2012
Table 154: Sunshine Insurance Group Co., Ltd – Key Facts
Table 155: Sunshine Insurance Group Co., Ltd – Key Financials (CNY Million), 2009–2012
Table 156: China Post Life Insurance Company Ltd – Key Facts
Table 157: China Post Life Insurance Company Ltd – Key Financials (CNY Million), 2009–2012

List of Figures
Figure 1: BRICS Region – A Snapshot of the Economies and Populations, 2011
Figure 2: BRICS Region – Growth Trends in the Insurance Industry
Figure 3: BRICS Region – GDP at Constant Prices (US$ Trillion) and Annual Per Capita Disposable Income (US$), 2007 and 2011
Figure 4: BRICS Region – Health Expenditure Per Capita (US$), 2007 and 2011
Figure 5: BRICS Insurance – Total Industry Values by Segment (US$ Billion), 2011
Figure 6: BRICS Life Insurance – Gross Written Premiums (US$ Billion), 2011
Figure 7: BRICS Life Insurance – Premium Per Capita (US$), 2011
Figure 8: BRICS Life Insurance – Penetration as a Percentage of GDP (%), 2011 and 2016
Figure 9: BRICS Life Insurance – Gross Written Premium Growth (%), 2007–2016
Figure 10: BRICS Life Insurance – Gross Written Premium per Capita Growth (%), 2007–2016
Figure 11: BRICS Life Insurance – Loss Ratios (%), 2011 and 2016
Figure 12: BRICS Life Insurance – Combined Ratios (%), 2011 and 2016
Figure 13: BRICS Life Insurance – Incurred Losses per Capita (US$), 2011 and 2016
Figure 14: BRICS Life Insurance – Incurred Losses as a Percentage of GDP (%), 2011 and 2016
Figure 15: BRICS Direct Marketing – Share of Life insurance New Business Gross Written Premium (%), 2007–2016
Figure 16: BRICS Bancassurance – Share of Life insurance New Business Gross Written Premium (%), 2007–2016
Figure 17: BRICS Agencies – Share of Life insurance New Business Gross Written Premium (%), 2007–2016
Figure 18: Chinese Insurance – Overall Written Premium by Segment (CNY Billion), 2008–2017
Figure 19: Chinese Insurance – Dynamics by Segment (%), 2008–2017
Figure 20: Chinese Life Insurance – Written Premium by Category (CNY Billion), 2008–2017
Figure 21: Chinese Life Insurance – Written Premium by Category (% Share), 2012 and 2017
Figure 22: Chinese Life Insurance – Dynamics by Category, 2008–2017
Figure 23: Chinese Life Insurance – Earned Premium (CNY Billion), 2008–2012
Figure 24: Chinese Life Insurance – Earned Premium (CNY Billion), 2012–2017
Figure 25: Chinese Life Insurance – Sum Assured (CNY Trillion), 2008–2012
Figure 26: Chinese Life Insurance – Sum Assured (CNY Trillion), 2012–2017
Figure 27: Chinese Life Insurance – Paid Claims (CNY Billion), 2008–2012
Figure 28: Chinese Life Insurance – Paid Claims (CNY Billion), 2012–2017
Figure 29: Chinese Life Insurance – Incurred Loss (CNY Billion), 2008–2012
Figure 30: Chinese Life Insurance – Incurred Loss (CNY Billion), 2012–2017
Figure 31: Chinese Life Insurance – Loss Ratio (%), 2008–2012
Figure 32: Chinese Life Insurance – Loss Ratio (%), 2012–2017
Figure 33: Chinese Life Insurance – Commissions and Expenses (CNY Billion), 2008–2012
Figure 34: Chinese Life Insurance – Commissions and Expenses (CNY Billion), 2012–2017
Figure 35: Chinese Life Insurance – Combined Ratio (%), 2008–2012
Figure 36: Chinese Life Insurance – Combined Ratio (%), 2012–2017
Figure 37: Chinese Life Insurance – Frauds and Crimes (CNY Billion), 2008–2012
Figure 38: Chinese Life Insurance – Frauds and Crimes (CNY Billion), 2012–2017
Figure 39: Chinese Life Insurance – Total Assets (CNY Billion), 2008–2012
Figure 40: Chinese Life Insurance – Total Assets (CNY Billion), 2012–2017
Figure 41: Chinese Life Insurance – Total Investment Income (CNY Billion), 2008–2012
Figure 42: Chinese Life Insurance – Total Investment Income (CNY Billion), 2012–2017
Figure 43: Chinese Life Insurance – Retentions (CNY Billion), 2008–2012
Figure 44: Chinese Life Insurance – Retentions (CNY Billion), 2012–2017
Figure 45: Chinese Life Insurance – Investment Portfolio (CNY Billion), 2008–2012
Figure 46: Chinese Life Insurance – Investment Portfolio, 2008 and 2012
Figure 47: Chinese Life Insurance – Penetration (%), 2008–2012
Figure 48: Chinese Life Insurance – Density (Number of Policies per Capita), 2008–2012
Figure 49: Chinese Life Insurance – Number of Active Policies (Million), 2008–2012
Figure 50: Chinese Life Insurance – Number of Active Policies (Million), 2012–2017
Figure 51: Chinese Life Insurance – Premium Per-capita (CNY), 2008–2012
Figure 52: Chinese Individual Life Insurance – Number of Active Policies (Million), 2008–2012
Figure 53: Chinese Individual Life Insurance – Number of Active Policies (Thousand), 2012–2017
Figure 54: Chinese Individual Life Insurance – Written Premium (CNY Billion), 2008–2012
Figure 55: Chinese Individual Life Insurance – Written Premium (CNY Billion), 2012–2017
Figure 56: Chinese Individual General Annuity Insurance – Number of Active Policies (Thousand), 2008–2012
Figure 57: Chinese Individual General Annuity Insurance – Number of Active Policies (Thousand), 2012–2017
Figure 58: Chinese Individual General Annuity Insurance – Written Premium (CNY Billion), 2008–2012
Figure 59: Chinese Individual General Annuity Insurance – Written Premium (CNY Billion), 2012–2017
Figure 60: Chinese Individual Endowment Insurance – Number of Active Policies (Million), 2008–2012
Figure 61: Chinese Individual Endowment Insurance – Number of Active Policies (Million), 2012–2017
Figure 62: Chinese Individual Endowment Insurance – Written Premium (CNY Billion), 2008–2012
Figure 63: Chinese Individual Endowment Insurance – Written Premium (CNY Billion), 2012–2017
Figure 64: Chinese Individual Unit-Linked Insurance – Number of Active Policies (Thousand), 2008–2012
Figure 65: Chinese Individual Unit-Linked Insurance – Number of Active Policies (Thousand), 2012–2017
Figure 66: Chinese Individual Unit-Linked Insurance – Written Premium (CNY Billion), 2008–2012
Figure 67: Chinese Individual Unit-Linked Insurance – Written Premium (CNY Billion), 2012–2017
Figure 68: Chinese Individual Term Life Insurance – Number of Active Policies (Thousand), 2008–2012
Figure 69: Chinese Individual Term Life Insurance – Number of Active Policies (Thousand), 2012–2017
Figure 70: Chinese Individual Term Life Insurance – Written Premium (CNY Billion), 2008–2012
Figure 71: Chinese Individual Term Life Insurance – Written Premium (CNY Billion), 2012–2017
Figure 72: Chinese Group Life Insurance – Number of Active Policies (Thousand), 2008–2012
Figure 73: Chinese Group Life Insurance – Number of Active Policies (Thousand), 2012–2017
Figure 74: Chinese Group Life Insurance – Written Premium (CNY Billion), 2008–2012
Figure 75: Chinese Group Life Insurance – Written Premium (CNY Billion), 2012–2017
Figure 76: Chinese Group Superannuation Insurance – Number of Active Policies (Thousand), 2008–2012
Figure 77: Chinese Group Superannuation Insurance – Number of Active Policies (Thousand), 2012–2017
Figure 78: Chinese Group Superannuation Insurance – Written Premium (CNY Billion), 2008–2012
Figure 79: Chinese Group Superannuation Insurance – Written Premium (CNY Billion), 2012–2017
Figure 80: Chinese Individual Single-Premium Insurance – Number of Active Policies (Million), 2008–2012
Figure 81: Chinese Individual Single-Premium Insurance – Number of Active Policies (Million), 2012–2017
Figure 82: Chinese Individual Single-Premium Insurance – Written Premium (CNY Billion), 2008–2012
Figure 83: Chinese Individual Single-Premium Insurance – Written Premium (CNY Billion), 2012–2017
Figure 84: Chinese Individual Non-Single-Premium Insurance – Number of Active Policies (Million), 2008–2012
Figure 85: Chinese Individual Non-Single-Premium Insurance – Number of Active Policies (Thousand), 2012–2017
Figure 86: Chinese Individual Non-Single-Premium Insurance – Written Premium (CNY Billion), 2008–2012
Figure 87: Chinese Individual Non-Single-Premium Insurance – Written Premium (CNY Billion), 2012–2017
Figure 88: Chinese Group Single-Premium Insurance – Number of Active Policies (Thousand), 2008–2012
Figure 89: Chinese Group Single-Premium Insurance – Number of Active Policies (Thousand), 2012–2017
Figure 90: Chinese Group Single-Premium Insurance – Written Premium (CNY Billion), 2008–2012
Figure 91: Chinese Group Single-Premium Insurance – Written Premium (CNY Billion), 2012–2017
Figure 92: Chinese Group Non-Single-Premium Insurance – Number of Active Policies (Thousand), 2008–2012
Figure 93: Chinese Group Non-Single-Premium Insurance – Number of Active Policies (Thousand), 2012–2017
Figure 94: Chinese Group Non-Single-Premium Insurance – Written Premium (CNY Billion), 2008–2012
Figure 95: Chinese Group Non-Single-Premium Insurance – Written Premium (CNY Billion), 2012–2017
Figure 96: Chinese Life Insurance – New Business Written Premium by Distribution Channel (% Share), 2012 and 2017
Figure 97: Chinese Life Insurance – Direct Marketing Commission Paid (CNY Billion), 2008–2012
Figure 98: Chinese Life Insurance – Direct Marketing Commission Paid (CNY Billion), 2012–2017
Figure 99: Chinese Life Insurance – New Business Written Premium Through Direct Marketing (CNY Billion), 2008–2012
Figure 100: Chinese Life Insurance – New Business Written Premium Through Direct Marketing (CNY Billion), 2012–2017
Figure 101: Chinese Life Insurance – New Policies Sold Through Direct Marketing (Thousand), 2008–2012
Figure 102: Chinese Life Insurance – New Policies Sold Through Direct Marketing (Thousand), 2012–2017
Figure 103: Chinese Life Insurance – Number of Direct Marketing Distributors, 2008–2012
Figure 104: Chinese Life Insurance – Number of Direct Marketing Distributors, 2012–2017
Figure 105: Chinese Life Insurance – Bancassurance Commission Paid (CNY Billion), 2008–2012
Figure 106: Chinese Life Insurance – Bancassurance Commission Paid (CNY Billion), 2012–2017
Figure 107: Chinese Life Insurance – New Business Written Premium Through Bancassurance (CNY Billion), 2008–2012
Figure 108: Chinese Life Insurance – New Business Written Premium Through Bancassurance (CNY Billion), 2012–2017
Figure 109: Chinese Life Insurance – New Policies Sold Through Bancassurance (Thousand), 2008–2012
Figure 110: Chinese Life Insurance – New Policies Sold Through Bancassurance (Thousand), 2012–2017
Figure 111: Chinese Life Insurance – Number of Bancassurance Distributors, 2008–2012
Figure 112: Chinese Life Insurance – Number of Bancassurance Distributors, 2012–2017
Figure 113: Chinese Life Insurance – Commission Paid to Agencies (CNY Billion), 2008–2012
Figure 114: Chinese Life Insurance – Commission Paid to Agencies (CNY Billion), 2012–2017
Figure 115: Chinese Life Insurance – New Business Written Premium Through Agencies (CNY Billion), 2008–2012
Figure 116: Chinese Life Insurance – New Business Written Premium Through Agencies (CNY Billion), 2012–2017
Figure 117: Chinese Life Insurance – New Policies Sold Through Agencies (Thousand), 2008–2012
Figure 118: Chinese Life Insurance – New Policies Sold Through Agencies (Thousand), 2012–2017
Figure 119: Chinese Life Insurance – Number of Agencies, 2008–2012
Figure 120: Chinese Life Insurance – Number of Agencies, 2012–2017
Figure 121: Chinese Life Insurance – E-Commerce Commission Paid (CNY Billion), 2008–2012
Figure 122: Chinese Life Insurance – E-Commerce Commission Paid (CNY Billion), 2012–2017
Figure 123: Chinese Life Insurance – New Business Written Premium Through E-Commerce (CNY Billion), 2008–2012
Figure 124: Chinese Life Insurance – New Business Written Premium Through E-Commerce (CNY Billion), 2012–2017
Figure 125: Chinese Life Insurance – New Policies Sold Through E-Commerce (Thousand), 2008–2012
Figure 126: Chinese Life Insurance – New Policies Sold Through E-Commerce (Thousand), 2012–2017
Figure 127: Chinese Life Insurance – Number of E-Commerce Distributors, 2008–2012
Figure 128: Chinese Life Insurance – Number of E-Commerce Distributors, 2012–2017
Figure 129: Chinese Life Insurance – Commission Paid to Brokers (CNY Billion), 2008–2012
Figure 130: Chinese Life Insurance – Commission Paid to Brokers (CNY Billion), 2012–2017
Figure 131: Chinese Life Insurance – New Business Written Premium Through Brokers (CNY Billion), 2008–2012
Figure 132: Chinese Life Insurance – New

Read the full report:
Life Insurance in China, Key Trends and Opportunities to 2017
http://www.reportbuyer.com/banking_finance/insurance/life/life_insurance_china_key_trends_opportunities_2016.html#utm_source=prnewswire&utm_medium=pr&utm_campaign=Life_Insurance

For more information:
Sarah Smith
Research Advisor at Reportbuyer.com
Email: query@reportbuyer.com  
Tel: +44 208 816 85 48
Website: www.reportbuyer.com

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