Insurance Brokers in China
Summary
Insurance Brokers in China industry profile provides top-line qualitative and quantitative summary information including: market size (value 2014-18, and forecast to 2023). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The insurance brokers market is valued in relation to the total brokerage revenue of non-life insurance and reinsurance brokerage firms. All currency conversions have been carried out at constant annual average 2018 exchange rates.
- The Chinese insurance brokers sector had total revenues of $1.0bn in 2018, representing a compound annual growth rate (CAGR) of 12.7% between 2014 and 2018.
- The primary insurance segment was the most lucrative sector in 2018, with total revenues of $886.4m, equivalent to 86.6% of the sector's overall value.
- The most lucrative segment in the non-life insurance market has been the motor segment. Due to rising income of the population motor ownership rates have soared.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the insurance brokers market in China
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the insurance brokers market in China
- Leading company profiles reveal details of key insurance brokers market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the China insurance brokers market with five year forecasts
- What was the size of the China insurance brokers market by value in 2018?
- What will be the size of the China insurance brokers market in 2023?
- What factors are affecting the strength of competition in the China insurance brokers market?
- How has the market performed over the last five years?
- What are the main segments that make up China's insurance brokers market?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Category segmentation
- 1.4. Geography segmentation
- 1.5. Market rivalry
- 1.6. Competitive Landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Who are the leading players?
- 7.2. What strategies do the leading players follow?
- 7.3. What are the strengths of the leading players?
- 7.4. What challenges do the leading players face?
- 8 Company Profiles
- 8.1. Aon Plc
- 8.2. Fanhua Inc
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: China insurance brokers sector value: $ million, 2014-18
- Table 2: China insurance brokers sector category segmentation: $ million, 2018
- Table 3: China insurance brokers sector geography segmentation: $ million, 2018
- Table 4: China insurance brokers sector value forecast: $ million, 2018-23
- Table 5: Aon Plc: key facts
- Table 6: Aon Plc: Annual Financial Ratios
- Table 7: Aon Plc: Key Employees
- Table 8: Aon Plc: Key Employees Continued
- Table 9: Fanhua Inc: key facts
- Table 10: Fanhua Inc: Annual Financial Ratios
- Table 11: Fanhua Inc: Key Employees
- Table 12: China size of population (million), 2014-18
- Table 13: China gdp (constant 2005 prices, $ billion), 2014-18
- Table 14: China gdp (current prices, $ billion), 2014-18
- Table 15: China inflation, 2014-18
- Table 16: China consumer price index (absolute), 2014-18
- Table 17: China exchange rate, 2014-18
- List of Figures
- Figure 1: China insurance brokers sector value: $ million, 2014-18
- Figure 2: China insurance brokers sector category segmentation: % share, by value, 2018
- Figure 3: China insurance brokers sector geography segmentation: % share, by value, 2018
- Figure 4: China insurance brokers sector value forecast: $ million, 2018-23
- Figure 5: Forces driving competition in the insurance brokers sector in China, 2018
- Figure 6: Drivers of buyer power in the insurance brokers sector in China, 2018
- Figure 7: Drivers of supplier power in the insurance brokers sector in China, 2018
- Figure 8: Factors influencing the likelihood of new entrants in the insurance brokers sector in China, 2018
- Figure 9: Factors influencing the threat of substitutes in the insurance brokers sector in China, 2018
- Figure 10: Drivers of degree of rivalry in the insurance brokers sector in China, 2018
Research Assistance
Download our eBook: How to Succeed Using Market Research
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook