Timetrics 'Non-Life Insurance in China, Key Trends and Opportunities to 2020' report provides a detailed outlook by product category for the Chinese non-life insurance segment, and a comparison of the Chinese insurance industry with its regional counterparts.
It provides values for key performance indicators such as written premium, incurred loss, loss ratio, commissions and expenses, combined ratio, total assets, total investment income and retentions during the review period (20112015) and forecast period (20152020).
The report also analyzes distribution channels operating in the segment, gives a comprehensive overview of the Chinese economy and demographics, explains the various types of natural hazard and their impact on the Chinese insurance industry, and provides detailed information on the competitive landscape in the country.
The report brings together Timetrics research, modeling and analysis expertise, giving insurers access to information on segment dynamics and competitive advantages, and profiles of insurers operating in the country. The report also includes details of insurance regulations, and recent changes in the regulatory structure.
Timetrics 'Non-Life Insurance in China, Key Trends and Opportunities to 2020' report provides in-depth market analysis, information and insights into the Chinese non-life insurance segment, including:
The Chinese non-life insurance segments detailed outlook by product category
A comprehensive overview of the Chinese economy and demographics
A comparison of the Chinese insurance industry with its regional counterparts
The various distribution channels in the Chinese non-life insurance segment
Detailed analysis of natural hazards and their impact on the Chinese insurance industry
Details of the competitive landscape in the non-life insurance segment in China
Details of regulatory policy applicable to the Chinese insurance industry
This report provides a comprehensive analysis of the non-life insurance segment in China:
It provides historical values for the Chinese non-life insurance segment for the reports 20112015 review period, and projected figures for the 20152020 forecast period.
It offers a detailed analysis of the key categories in the Chinese non-life insurance segment, and market forecasts to 2020.
It profiles the top non-life insurance companies in China, and outlines the key regulations affecting them.
Reasons To Buy
Make strategic business decisions using in-depth historic and forecast market data related to the Chinese non-life insurance segment, and each category within it.
Understand the demand-side dynamics, key market trends and growth opportunities in the Chinese non-life insurance segment.
Assess the competitive dynamics in the non-life insurance segment.
Identify growth opportunities and market dynamics in key product categories.
Gain insights into key regulations governing the Chinese insurance industry, and their impact on companies and the industry's future.
At the end of 2016, China overtook Japan to become the worlds second-largest insurance market after the US.
In May 2016, the China Insurance Regulatory Commission (CIRC) introduced Chinas first voluntary household earthquake insurance policy covering earthquakes and related hazards such as tsunamis, fires, explosions and landslides.
In March 2015, the CIRC introduced deregulation, giving motor insurers autonomy on policy pricing based on a vehicles risk exposure.
In September 2016, Alibaba formed a joint venture with China Taiping Insurance, creating online insurance platform Cheche Chexian, which offers motor insurance products, online renewal and claims processing.
In December 2015, the first usage-based motor insurance product was launched by auto data service company Lichengbao, in association with numerous smaller motor insurers