Life Insurance Market in China @ http://www.researchmoz.us/life-insurance-in-china-key-trends-and-opportunities-to-2017-report.html 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.

1. 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
Executive 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
Life Insurance in China, Key Trends and Opportunities to 2017

2. 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
Life Insurance in China, Key Trends and Opportunities to 2017

3. 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
Life Insurance in China, Key Trends and Opportunities to 2017

4. 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)
Life Insurance in China, Key Trends and Opportunities to 2017

5. 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$)
Life Insurance in China, Key Trends and Opportunities to 2017

6. 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
Life Insurance in China, Key Trends and Opportunities to 2017

7. ResearchMoz(http://www.researchmoz.us/) is the one stop online destination to find and buy market research
reports & Industry Analysis. We fulfill all your research needs spanning across industry verticals with our
huge collection of market research reports. We provide our services to all sizes of organizations and across all
industry verticals and markets. Our Research Coordinators have in-depth knowledge of reports as well as
publishers and will assist you in making an informed decision by giving you unbiased and deep insights on
which reports will satisfy your needs at the best price.
Contact:
M/s Sheela,
90 State Street,
Suite 700,
Albany NY - 12207
United States
Tel: +1-518-618-1030
USA - Canada Toll Free 866-997-4948
Email: sales@researchmoz.us
Website: http://www.researchmoz.us/
Life Insurance in China, Key Trends and Opportunities to 2017