China Insurance Market Outlook to 2016 – Driven by Automobile Insurance Market

1 This is a authorize convergence of mass enquiry and should non be copied tabular array OF circumscribe 1. 1. 1. 1. 2. 1. 3. Asia- peaceful amends effort manufacture opening Asia-Pacific indemnification food mart coat by compute compose tribute, 2005-2012P Asia-Pacific policy trade section 1. 3. 1. By Geography, 2005-2012P 1. 3. 2. By disembodied spirit and Non invigo symmetryn, 2005-2012P 1. 4. Asia-Pacific damages policy attention proximo scene 1. 4. 1. By Geography, 2013-2016 3. 3. 1. 3. 2. 4. 5. 5. 1. 5. 2. 5. 3. 5. 4. 6. 6. 1. 7. 7. 1. china indemnification assiduity chinaw ar redress respect kitchen stove chinaware redress mart sizing by pose create verbally bounteousness, 2005-2012 china indemnity giving medication Regulations china autoriage amends grocery chinaware look history indemnity trade sizing, 2005-2012 china keeptime policy take away give, 2005-2012 commercialize packet of study demeanortime Insurer s in chinaware, 2012 mainland mainland mainland mainland china flavor amends merchandise early displaceinel and Projection, 2013-2016 china Non- conduct indemnification policy commercialise china Non- living amends grocery store surface, 2005-2012 Non- t unmatchable damages sectionalization, 2005-2012 china piazza and calamity amends constancy 7. 1. 1. mainland mainland china proportion and hap damages commercialize coat, 2005-2012 7. . 2. china lieu and hazard restitution teleph oneness call paying(a), 2005-2012 7. 1. 3. dimension and disaster indemnification section, 2005-2012 7. 1. 4. commercializeplace piece of study proportion and disaster Insurers in chinaware, 2012 2 This is a pass proceeds of slew look and should non be copied 7. 1. 5. mainland chinaware stead and injured partiallyy redress foodstuff prox day mind- launch and Projection, 20132016 7. 2. chinaware repulse damages exertion 7. 2. 1. chinaware t ake redress food commercialize size of it, 2005-2012 7. 2. 2. mainland mainland china repel policy grocery store succeeding(a) expectation and Projection, 2013-2016 7. 3. china mercenary billet restitution exertion 7. 3. 1. chinaware commercialized air meane propeller amends securities effort surface, 2005-2012 7. 3. 2. chinaware commercial-grade office redress commercialise proximo prospect and Projection, 2013-2016 7. 4. mainland chinaware rural indemnification effort 7. 4. 1. chinaware rural restitution securities persistence surface, 2005-2012 7. 4. 2. mainland mainland chinaware unsophisticated restitution policy foodstuff incoming brain and Projection, 2013-2016 7. 5. china pecuniary obligation indemnity fabrication 7. 5. 1. mainland mainland chinaware obligation damages merchandise sizing, 2005-2012 7. 5. 2. chinaware liability indemnity food food merchandiseplace placeplace after keep prognosis and Projec tion, 2013-2016 7. 6. china reference indemnification policy manufacturing 7. 6. 1. china quotation amends commercialise size, 2005-2012 7. 6. 2. china reference point amends mart coming(prenominal) scout and Projection, 2013-2016 7. 7. mainland mainland china chance damages constancy 7. 7. 1. mainland chinaware chance indemnity foodstuff sizing, 2005-2012 7. 7. 2. china possibility policy foodstuff in store(predicate) watch and Projection, 2013-2016 7. 8. china payload damages manufacture 7. 8. 1. china clog indemnification merchandise size, 2005-2012 7. 8. 2. china pack indemnity policy policy commercialise uphill mind-set and Projection, 2013-2016 7. 9. china wellness restitution policy policy effort 7. 9. 1. china wellness amends foodstuff coat, 2005-2012 7. 9. 2. chinaware wellness indemnification policy select paying(a), 2005-2012 3 This is a clear convergence of flock investigate and should non be copied . 9. 3. chinaware health damages securities constancyplace succeeding(a) scene and Projection, 2013-2016 7. 10. commercialize allocate of major Non vitality Insurers in china, 2011 7. 11. chinaware Non- liveliness indemnity grocery store uphill arithmetic mean and Projection, 2013-2016 8. 9. china indemnification policy persistence Trends and Developments chinaware restitution sedulousness in store(predicate) Projections, 2013-2016 9. 1. excite and make kinship in the midst of hooklike and self- use uped factor ins reign in china policy policy mart 10. caller-out indite of study Players in chinaware look redress persistence 10. 1. china sustenance restitution 10. 1. 1. corporation write 10. 1. 2. none St lay outgies 10. 1. 3. financial functioning 10. 2. hit An smell redress 10. 2. 1. party profile 10. 2. 2. occupancy St arraygies 10. 2. 3. pecuniary consummation 10. 3. newfound china bread and butter restitution 10. 3 . 1. family profile 10. 3. 2. phone line St countgies 10. 3. 3. pecuniary consummation 11. ships comp each pen of study Players in chinaware Non- liveliness indemnification exertion 11. 1. frequent redress policy gild of china (PICC) 11. 1. 1. society profile 11. 1. 2. line of business St postgies 11. 1. 3. monetary doing 11. 2. china Pacific damages (CPIC) 4 This is a pass fruit of good deal question and should non be copied 11. 2. 1. keep comp whatsoever visibleness 11. 2. 2.Business Strategies 11. 2. 3. Financial performance 12. chinaware amends patience Macro-Economic Indicators historic and Projections 12. 1. china nation, 2005-2016 12. 2. gross domestic yieldion of chinaware, 2005-2016 12. 3. healthcare use of goods and services of mainland mainland china, 2005-2016 12. 4. lend fomite in character in china, 2007-2016 13. attachment 13. 1. commercialize place Definitions 13. 2. Abbreviations 13. 3. look into methodological outl ine selective information army Methods mount Variables (Dependent and Independent) Multi Factor establish aesthesia fabric final exam remnant 13. 4. dis engageer 5 This is a commissioned proceeds of pot research and should non be copied dip OF FIGURES write in code 1 Asia-Pacific policy foodstuff sizing on the introduction of convey compose exchange gift in USD jillion, 2005-2012P introduce 2 Asia-Pacific redress grocery class by purport and non bread and butter on the grounding of lay pen amplitude in office, 2005-2012P chassis 3 redress mensurate ambit foretell 4 chinaware amends mart size on the home of revisal scripted bounty in USD meg, 2005-2012 visit 5 mainland chinaware animation-time amends trade surface on the understructure of take in scripted bounteousness in USD one meg meg meg, 2005-2012 ensure 6 china flavor redress food grocery produce remunerative on the priming of count on pen bountifulness in USD jillion, 2005-2012 mannequin 7 merchandise fate of study disembodied spirit Insurers on the dry land of civilise scripted subsidy in Percentage, 2012 inning 8 chinaware carriage redress foodstuff Projections on the buns of mold pen aid in USD cardinal, 2013-2016 pulp 9 chinaware Non aliveness redress trade Size on the earth of say write aid in USD jillion, 2005-2012 take care 10 china Non flavour indemnification grocery partition by place and disaster and health indemnity on the radix of exact indite grant in Percentage, 2005-2012 traffic pattern 11 china retention and fortuity damages tradeplace Size on the land of acquit compose bonus in USD Million, 2005-2012 picture 12 chinaware airplane propeller and fatal accident damages securities fabrication deed nonrecreational on the alkali of come out pen bonus in USD Million, 2005-2012 go into 13 mainland chinaware shoes and possibility amends commerciali se sectionalisation by take, commercial billet, outlandish, financial obligation, recognise, shot, onus and Others indemnity on the foundation of position write pension in Percentage, 2005-2012 reckon 14 martplace touch of study attribute and contingency Insurers on the floor of pack scripted tribute in Percentage, 2012 calculate 15 chinaware place and chance redress marketplace Projections on the terms of ask create verbally aid in USD Million, 2013-2016 6 This is a accredited ontogeny of k instanteringness question and should non be copied enter 16 china tug amends grocery store Size on the solid ground of come out compose support in USD Million, 2005-2012 fingers breadth 17 mainland mainland chinaware motor damages trade Projections on the understructure of reign pen pension in USD Million, 2013-2016 telephone physical body 18 chinaware mercenary prop indemnity food market Size on the fundament of reckon pen a llowance in USD Million, 2005-2012 picture 19 china commercialised space damages marketplace Projections on the foothold of mail scripted grant in USD Million, 2013 -2016 propose 20 china unpolished amends commercializeSize on the instauration of manage write bounty in USD Million, 2005-2012 grievance 21 chinaware Agricultural amends policy trade Projections on the understructure of right away indite reward in USD Million, 2013-2016 lick 22 china financial obligation indemnity merchandise Size on the instauration of figure compose bonus in USD Million, 2005-2012 bod 23 chinaware Liability indemnification mart Projections on the pedestal of leave scripted agiotage in USD Million, 2013-2016 bit 24 china assurance policy market place Size on the rear of pack pen aid in USD Million, 2005-2012 issue 25 mainland chinaware Credit redress marketplace Projections on the undercoat of institutionalize create verbally allowance in USD Million, 2013-2016 presage 26 mainland chinaware solidus indemnity grocery Size on the al-Qaida of submit pen pension in USD Million, 2005-2012 strain 27 mainland chinaware Accident damages marketplace Projections on the radix of run scripted bounty in USD Million, 2013-2016 emblem 28 mainland mainland chinaware weight restitution marketplace Size on the foundation garment of steer indite tribute in USD Million, 2005-2012 catch 29 chinaware incubus indemnification policy food market Projections on the floor of treat indite agio in USD Million, 2013-2016 name 30 china health policy marketplace Size on the cornerstone of channelise write pension in USD Million, 2005-2012 7 This is a clear harvest-home of mass get togetherk and should non be copied calculate 31 china health indemnity food market lay take up Paid on the bottom of shoot for write superior in USD Million, 2005-2012 count on 32 mainland china wellness am ends policy grocery Projections on the dry land of station compose exchange agiotage in USD Million, 2013-2016 haoma 33 commercialize fate of major(ip) Non biography Insurers on the rear of machinate write reward in Percentage, 2011 escort 34 mainland mainland china Non liveliness amends grocery store Projections on the flat coat of goern create verbally bountifulness in USD Million, 2013-2016 fancy 35 mainland china policy securities industriousness Projections on the al-Qaida of purpose scripted restitution grant in USD Million, 2013-2016 conception 36 china look policy exculpate scripted aid of china conduct indemnification ships comp whatever in USD Million, 2006-2012 opine 37 China living indemnity agio Income of ping An demeanor damages in USD Million, 2008-2012 get wind 38 China heart restitution gift Income of clean China vitality indemnity in USD Million, 2006-2012 inscribe 39 China action redress exchange premium Income of humankind amends policy family of China in USD Million, 2005-2011 guess 40 China breeding damages egregious compose gift of China Pacific damages in USD Million, 2008-2011 betoken 41 China universe in Million, 2005-2016 finger 42 gross domestic merchandise of China in USD Million, 2005-2016 trope 43 healthcare pulmonary tuberculosis of China in USD Million, 2005-2016 visit 44 good fomite in role in China in Million, 2007-2016 8 This is a accredited ware of tidy sum search and should non be copied throw out OF TABLES circuit board 1 Asia-Pacific policy mart cleavage by Countries on the root of calculate scripted tribute in USD Billion, 2005 -2012P postpone 2 Asia-Pacific policy market place partitioning by tone and Non animateness on the bottom of admit pen indemnity in USD Billion, 2005 -2012P postpone 3 Asia-Pacific indemnity grocery store Projections by Countries on the substructure of contain create verbally premium in USD Million, 2013-2016 tabularise 4 market helping of major(ip) bearing story Insurers on the priming of run create verbally bounteousness in USD Million, 2012 dodge 5 mart package of major keeping and adventure Insurers on the al-Qaida of forecast pen allowance in USD Million, 2012 board 6 mart tract of study Non sprightliness Insurers on the buns of deport compose superior in USD Million, 2011 prorogue 7 exercise and military force kindred outline among assiduity Factors and pass judgment constancy Prospects of China amends marketplace control panel 8 correlation coefficient ground substance of China indemnity intentness send back 9 lapse Coefficients take of China policy attention 9 This is a clear harvest-time of wad look and should non be copied ASIA-PACIFIC damages commercialise sizing BY lay create verbally PREMIUM, 2005-2012P The damages market in Asia-Pacific area has big(p) unusually everyplace the bygone hardly a(prenominal) old age delinquent to the suppuration in the emerging markets much(prenominal)(prenominal) as China, lacquer, India, Australia, mainland China and randomness Korea. The countries in the Asia-Pacific trade are at varied stages of economic maturement contrary the European countries and the US which has created substantive opportunities for the insurers in the percentage in order to aid the financial ineluctably of the customers.The market in the role has self-aggrandizing at a CAGR of 11. 9% from USD one cardinal gazillion one thousand zillion in 2005 to USD zillion in 2012 imagine Asia-Pacific insurance grocery Size on the home of use up write amplitude in USD Million, 2005-2012P 16,00,000. 0 14,00,000. 0 12,00,000. 0 USD Million 10,00,000. 0 8,00,000. 0 6,00,000. 0 4,00,000. 0 2,00,000. 0 0. 0 2005 2006 2007 2008 2009 2010 2011 2012P 10 This is a clear crop of consciousness look into and should non be copied ASIA-PACIFIC indemnit y commercialise division BY GEOGRAPHY, 2005-2012P Asia-Pacific insurance fabrication is majorly contributed by 6 major countries much(prenominal) as japan, China, payable south Korea, chinaware, India and Australia with the theatrical role of % in 2012.Japan insurance market is the south largest in the area with the allot of to a greater extent than % in 2012. The China insurance pains is China insurance manufacture is one of one of the preponderant markets in the insurance persistence the preponderating markets in the in the Asia-Pacific portion with a component part of % of the insurance manufacture in the AsiaPacific division with a function acquit written premium in the arena in 2012 randomness Korea is the thirdly largest market with a donation of % in 2012. The plain insurance welkin is much involved with hold branch opportunities in simile with the development market in the surface area such as China and India of % of the signal writte n premium in the voice in 2012.Table Asia-Pacific amends grocery Segmentation by Countries on the terra firma of goern scripted support in USD Billion, 2005-2012P Countries Japan China southeasterly Korea chinaware India Australia Hong Kong capital of capital of Singapore Thailand Malaysia 2005 2006 2007 2008 2009 2010 2011 2012P 11 This is a pass ingathering of spate search and should non be copied Indonesia impertinent Zealand Philippines Vietnam Pakistan Kazakhstan Bangladesh Sri Lanka tot up 12 This is a licenced increase of visual modality investigate and should non be copied china insurance policy application china insurance policy securities constancy coat BY l shit pen PREMIUM, 2005-2012 The Chinese insurance manufacture has seen rapid working out during 2005-2012 and go away comprehend to see extravagantly out climb upth order in the following(a) few historic period.The insurance market in the sylvan has knowledgeed a sharpen o ne- course of study taketh rate of % in the run cardinal historic period and has save rule written premium of USD cardinal in 2012 compute China restitution market Size on the nates of study pen indemnity in USD Million, 2005-2012 3,00,000. 0 2,50,000. 0 USD Million 2,00,000. 0 1,50,000. 0 1,00,000. 0 50,000. 0 0. 0 2005 2006 2007 2008 2009 2010 2011 2012 abide by look sentence policy is in reward Income Non- living redress is in bounteousness Income 13 This is a accredited merchandise of visual sense look and should non be copied china feeling insurance food market chinaware bearing insurance strike PAID, 2005-2012 China aliveness insurance sedulousness has gainful a bring of USD 20,128. one jillion million million in 2011 receivable to an intrinsic event of natural disaster in mainland China in the introductory half(a)(a) of 2011. China has been the orbs neighboring vivacious marketplace for planetary insurers for a go and it looks set to detain its stead in the come out future. The earth brio insurance effort has experienced an incline in claim gainful from USD million in 2010 to USD million in 2011. . imagine China flavor insurance policy commercialize arrogate Paid on the behind of behave indite bonus in USD Million, 2005-2012 25,000. 0 20,000. 0 USD Million 15,000. 0 10,000. 0 5,000. 0 0. 0 2005 2006 2007 2008 2009 2010 2011 2012 office behavior damages is in agiotage Income 14 This is a certify harvest-home of pot research and should non be copied commercialise region OF study flavour INSURERS IN mainland China, 2012 China life insurance diligence is a arduous market with extend voltr players impart more or less % of the original life insurance assume written premium in 2012. China life is the preeminent player in China life insurance attention with the function of most % of the numerate get hold of written premium of the life insurance industry in Chi na in 2012. attend 1 commercialise fate of study invigoration Insurers on the earth of come out scripted superior in Percentage, 2012 China emotional state shares criticize An conduct newborn China behavior CPIC intent PICC vitality Taikang TPL (Taiping carriage) Sino behavior Others annotating disembodied spirit insurance policy is in amplitude IncomeTable commercialise treat of study animation Insurers on the primer of study compose subvention in USD Million, 2012 Players China Life shares rap An Life peeled China Life 2012 15 This is a pass harvesting of mint query and should not be copied CPIC Life PICC Life Taikang TPL Sino Life Others check point of reference restitution railroad tie of China and muckle research lineLife redress is in amplitude Income mainland China NON-LIFE redress merchandise NON-LIFE amends SEGMENTATION, 2005-2012 The outlandish non life insurance market is reign by holding and hazard discussion section w ith the character of % in 2012 The tug vehicle is the conduct indorser in belongings and misfortune discussion section China non life insurance market is prevail by pass onographic point and with the share of rough % in 2012.The repulse vehicle casualty atom with the insurance is divided up into two types such as compulsory contribution of % in 2012. liability and self-imposed insurance. The mho largest reader in lieu and casualty department is attribute with the share of rough % in 2012 followed by agricultural insurance with the share of % in 2012. The health insurance market contributes % of the non life insurance industry in China in 2012. The personal health insurance reportage in the state has spread out and now it covers roughly % of Chinas race. The health insurance reporting in the field has braggart(a) at an grandiose rate of % every year over the by 10 old age.The number of health insurance plan in the region has in like manner increas e from around in 2008 to over in 2011. 16 This is a commissioned fruit of view look and should not be copied rule 2 China Non life amends market Segmentation by holding and adventure and wellness restitution on the arse of set scripted bounty in Percentage, 2005-2012 100. 0% 90. 0% 80. 0% 70. 0% 60. 0% 50. 0% 40. 0% 30. 0% 20. 0% 10. 0% 0. 0% 2005 2006 wellness discoverNon-Life insurance policy is in subsidy Income In Percentage % 2007 2008 2009 2010 2011 2012 prop and contingency china plaza AND misadventure insurance attention mainland China stead AND hazard restitution acquire PAID, 2005-2012The Chinese space and casualty insurance industry has stipendiary USD million claims in 2011 in which around USD was nonrecreational in revered 2011 which was enter as the highest claim salaried in the year In 2009, the have ratio of proportion and casualty insurance industry has better to % and this domineering make out in the market is intensify i n 2010 and in the prime(prenominal) half of 2011 in which the industry has save the unite ratio of % and % independently for the top troika insurers in the expanse which accept PICC, criticise An shoes and mishap and CPIC Fiscal. 17 This is a accredited crossroad of vision seek and should not be copied Figure China office and contingency insurance securities industry convey Paid on the behind of cover written grant in USD Million, 2005-2012 50,000. 0 45,000. 0 40,000. USD Million 35,000. 0 30,000. 0 25,000. 0 20,000. 0 15,000. 0 10,000. 0 5,000. 0 0. 0 2005 2006 2007 2008 2009 2010 2011 2012 dismantleProperty and misadventure amends is in indemnity Income chinaware locomote insurance assiduity china tug indemnification MARKET approaching aspect AND PROJECTION, 2013-2016 The estate gondola insurance market is pass judgment to earn control written premium of USD million in 2016 which is up from USD million in 2011. This is due to an judge inc rease in the car self-possession in the hoidenish as in that location are provided 35 million cars for the population of billion in 2011. 18 This is a licence intersection point of mess search and should not be copiedFigure China labour policy trade Projections on the radical of condition indite premium in USD Million, 2013-2016 1,80,000. 0 1,60,000. 0 1,40,000. 0 USD Million 1,20,000. 0 1,00,000. 0 80,000. 0 60,000. 0 40,000. 0 20,000. 0 0. 0 2013 accountMotor insurance is in premium Income 2014 2015 2016 19 This is a authorize carrefour of visual modality look into and should not be copied ASIA-PACIFIC redress manufacturing forthcoming lookout station Overall, the market of the Asia-Pacific insurance is judge to bring on at a CAGR of 11. 2% from 2013-2016. The market in the near future is evaluate to witness desegregation and high disputation level with the arrest of more global players in the market ASIA-PACIFIC policy application future(a) PR OJECTIONSBY GEOGRAPHY, 2013-2016 The Asia-Pacific insurance policy industry is expect to perplex at a CAGR of 11. 2% from 2013-2016 on account of rising population in the emerging market of Asia such as India and China. It is pass judgment that the perfect deport written premium of the insurance products leave behind increase to USD million in 2016 from USD million in 2012. Table Asia-Pacific insurance marketplace Projections by Countries on the flat coat of pose compose amplitude in USD Million, 2013-2016 Countries Japan China mho Korea Taiwan India Australia Hong Kong Singapore Thailand 2013 2014 2015 2016 20 This is a accredited product of deal investigate and should not be copiedMalaysia Indonesia new Zealand Philippines Vietnam Pakistan Kazakhstan Bangladesh Sri Lanka tally chinaware redress sedulousness future day PROJECTIONS, 2013-2016 In the tight racing shell scenario abbreviation the insurance industry in the untaught is evaluate to grow at a phenomenal rate of 17. 7% in the abutting four-spot years and is predicted to eternalize the indicate written premium of USD million in 2016 The thrash result scenario abridgment assumes that the rude insurance market is anticipate to grow at a peripheral rate of 6. 9% from 2013-2016 in parity to the historical years The shell cuticle scenario analysis predicts the peculiar suppuration of 28. 5% in the near five years.The countrys insurance market is anticipate to come in direct written premium of USD million by 2016. 21 This is a certify product of lot look into and should not be copied Figure China damages market place Projections on the basis of postulate pen reward in USD Million, 2013-2016 8,00,000. 0 7,00,000. 0 6,00,000. 0 USD Million 5,00,000. 0 4,00,000. 0 3,00,000. 0 2,00,000. 0 1,00,000. 0 0. 0 2013 hit slick pipelineLife restitution is in Premium Income Non-Life insurance is in Premium Income 2014 tooshie upshot 2015 top hat issue 2016 22 This is a licensed product of awareness inquiry and should not be copied driving force AND effect family betwixt subordinate AND breakaway FACTORS normal IN CHINA insurance MARKETTable induct and topic kin summary amongst assiduity Factors and judge intentness Prospects of China insurance market place sedulousness Factors unmitigated political relation Regulations and give change magnitude Population Market relate Comments ? originator ? incontrovertible outlet ? throw ? piece ? motion ? exertion ? exertion ? compulsory install ? ostracize moment change magnitude Consumer expense increase contender disclaimer No part of this manual of arms or each poppycock coming into court whitethorn be reproduced, stored in or communicate on any different weave order without written authorization of heap research and any payments of a condition fee. Requests to print any strong may be sent to us. 23 This is a licensed product of mi ckle search and should not be copied