Non-Life Insurance in China

Non-Life Insurance in China industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2011-15, and forecast to 2020). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market. Essential resource for top-line data and analysis covering the China non-life insurance market. Includes market size and segmentation data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.

The non-life insurance market consists of the general insurance market segmented into motor, property, liability and other insurance. The other segment is made up of non-life insurance products including health, travel, and accident cover among others.

The Chinese non-life insurance market is expected to generate total gross written premiums of $169.1bn in 2015, representing a compound annual growth rate (CAGR) of 16.5% between 2011 and 2015.

The motor segment is expected to be the market's most lucrative in 2015, with total gross written premiums of $96.8bn, equivalent to 57.3% of the market's overall value.

The motor insurance segment remains healthy in China despite restrictions on car ownership and usage in major cities in an effort to control pollution and congestion.

Scope

Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the non-life insurance market in China

Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the non-life insurance market in China

Leading company profiles reveal details of key non-life insurance market players’ global operations and financial performance

Add weight to presentations and pitches by understanding the future growth prospects of the China non-life insurance market with five year forecasts

Macroeconomic indicators provide insight into general trends within the China economy

Reasons to buy

What was the size of the China non-life insurance market by value in 2015?

What will be the size of the China non-life insurance market in 2020?

What factors are affecting the strength of competition in the China non-life insurance market?

How has the market performed over the last five years?

Who are the top competitiors in China's non-life insurance market?

Companies mentioned

China Life Insurance Company Limited, China Pacific Insurance (Group) Co. Ltd., PICC Property and Casualty Company Limited, Ping An Insurance (Group) Company of China, Ltd.

Table of Contents

TABLE OF CONTENTS

Executive Summary 2

Market value 2

Market value forecast 2

Category segmentation 2

Geography segmentation 2

Market share 2

Market rivalry 2

Market Overview 7

Market definition 7

Market analysis 7

Market Data 8

Market value 8

Market Segmentation 9

Category segmentation 9

Geography segmentation 10

Market share 11

Market Outlook 12

Market value forecast 12

Five Forces Analysis 13

Summary 13

Buyer power 14

Supplier power 16

New entrants 18

Threat of substitutes 20

Degree of rivalry 21

Leading Companies 22

China Life Insurance Company Limited 22

China Pacific Insurance (Group) Co. Ltd. 25

PICC Property and Casualty Company Limited 28

Ping An Insurance (Group) Company of China, Ltd. 31

Macroeconomic Indicators 34

Country Data 34

Methodology 36

Industry associations 37

Related MarketLine research 37

Appendix 38

About MarketLine 38

List of Tables

Table 1: China non-life insurance market value: $ billion, 201115(e)

Table 2: China nonlife insurance market category segmentation: $ billion, 2015(e)

Table 3: China nonlife insurance market geography segmentation: $ billion, 2015(e)

Table 4: China non-life insurance market share: % share, by value, 2015(e)

Table 5: China non-life insurance market value forecast: $ billion, 201520

Table 6: China Life Insurance Company Limited: key facts

Table 7: China Life Insurance Company Limited: key financials ($)

Table 8: China Life Insurance Company Limited: key financials (CNY)

Table 9: China Life Insurance Company Limited: key financial ratios

Table 10: China Pacific Insurance (Group) Co. Ltd.: key facts

Table 11: China Pacific Insurance (Group) Co. Ltd.: key financials ($)

Table 12: China Pacific Insurance (Group) Co. Ltd.: key financials (CNY)

Table 13: China Pacific Insurance (Group) Co. Ltd.: key financial ratios

Table 14: PICC Property and Casualty Company Limited: key facts

Table 15: PICC Property and Casualty Company Limited: key financials ($)

Table 16: PICC Property and Casualty Company Limited: key financials (CNY)

Table 17: PICC Property and Casualty Company Limited: key financial ratios

Table 18: Ping An Insurance (Group) Company of China, Ltd.: key facts

Table 19: Ping An Insurance (Group) Company of China, Ltd.: key financials ($)

Table 20: Ping An Insurance (Group) Company of China, Ltd.: key financials (CNY)

Table 21: Ping An Insurance (Group) Company of China, Ltd.: key financial ratios

Table 22: China size of population (million), 201115

Table 23: China gdp (constant 2005 prices, $ billion), 201115

Table 24: China gdp (current prices, $ billion), 201115

Table 25: China inflation, 201115

Table 26: China consumer price index (absolute), 201115

Table 27: China exchange rate, 201115

List of Figures

Figure 1: China non-life insurance market value: $ billion, 201115(e)

Figure 2: China nonlife insurance market category segmentation: % share, by value, 2015(e)

Figure 3: China nonlife insurance market geography segmentation: % share, by value, 2015(e)

Figure 4: China non-life insurance market share: % share, by value, 2015(e)

Figure 5: China non-life insurance market value forecast: $ billion, 201520

Figure 6: Forces driving competition in the non-life insurance market in China, 2015

Figure 7: Drivers of buyer power in the non-life insurance market in China, 2015

Figure 8: Drivers of supplier power in the non-life insurance market in China, 2015

Figure 9: Factors influencing the likelihood of new entrants in the non-life insurance market in China, 2015

Figure 10: Factors influencing the threat of substitutes in the non-life insurance market in China, 2015

Figure 11: Drivers of degree of rivalry in the non-life insurance market in China, 2015

Figure 12: China Life Insurance Company Limited: revenues & profitability

Figure 13: China Life Insurance Company Limited: assets & liabilities

Figure 14: China Pacific Insurance (Group) Co. Ltd.: revenues & profitability

Figure 15: China Pacific Insurance (Group) Co. Ltd.: assets & liabilities

Figure 16: PICC Property and Casualty Company Limited: revenues & profitability

Figure 17: PICC Property and Casualty Company Limited: assets & liabilities

Figure 18: Ping An Insurance (Group) Company of China, Ltd.: revenues & profitability

Figure 19: Ping An Insurance (Group) Company of China, Ltd.: assets & liabilities

List of Tables

NA

List of Figures

NA

    Pricing

Discounts available for multiple report purchases.

reportstore@marketline.com
+44 (0) 161 359 5817

Saved reports