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Life Insurance in China

Life Insurance in China

Summary

Life Insurance in China industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2013-17, and forecast to 2022). 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 life insurance market. Includes market size and segmentation data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.

Key Highlights

The value of the life insurance market is shown in terms of gross premium incomes from mortality protection and retirement savings plans. All currency conversions have been calculated using constant 2017 annual average exchange rates. The insurance market depends on a variety of economic and non-economic factors and future performance is difficult to predict. The forecast given in this report is not based on a complex economic model, but is intended as a rough guide to the direction in which the market is likely to move.
The Chinese life insurance market had total gross written premiums of $317.8bn in 2017, representing a compound annual growth rate (CAGR) of 22.8% between 2013 and 2017.
The life insurance segment was the market's most lucrative in 2017, with total gross written premiums of $298.1bn, equivalent to 93.8% of the market's overall value.
China is the largest country in the Asia-Pacific insurance market, accounting for 29.9% of the region’s value in 2017.

Scope

  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the life insurance market in China
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the life insurance market in China
  • Leading company profiles reveal details of key life insurance market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the China life insurance market with five year forecasts
Reasons to buy
  • What was the size of the China life insurance market by value in 2017?
  • What will be the size of the China life insurance market in 2022?
  • What factors are affecting the strength of competition in the China life insurance market?
  • How has the market performed over the last five years?
  • Who are the top competitiors in China's life insurance market?


Executive Summary
Market value
Market value forecast
Category segmentation
Geography segmentation
Market share
Market rivalry
Market Overview
Market definition
Market analysis
Market Data
Market value
Market Segmentation
Category segmentation
Geography segmentation
Market share
Market Outlook
Market value forecast
Five Forces Analysis
Summary
Buyer power
Supplier power
New entrants
Threat of substitutes
Degree of rivalry
Leading Companies
Anbang Insurance Group Co Ltd
China Life Insurance Co Ltd
China Pacific Insurance (Group) Co., Ltd.
Ping An Insurance (Group) Company of China, Ltd.
Macroeconomic Indicators
Country data
Methodology
Industry associations
Related MarketLine research
Appendix
About MarketLine
List of Tables
Table 1: China life insurance market value: $ billion, 2013-
Table 2: China life insurance market category segmentation: $ billion,
Table 3: China life insurance market geography segmentation: $ billion,
Table 4: China life insurance market share: % share, by value,
Table 5: China life insurance market value forecast: $ billion, 2017-
Table 6: Anbang Insurance Group Co Ltd: key facts
Table 7: China Life Insurance Co Ltd: key facts
Table 8: China Life Insurance Co Ltd: key financials ($)
Table 9: China Life Insurance Co Ltd: key financials (CNY)
Table 10: China Life Insurance Co Ltd: key financial ratios
Table 11: China Pacific Insurance (Group) Co., Ltd.: key facts
Table 12: China Pacific Insurance (Group) Co., Ltd.: key financials ($)
Table 13: China Pacific Insurance (Group) Co., Ltd.: key financials (CNY)
Table 14: China Pacific Insurance (Group) Co., Ltd.: key financial ratios
Table 15: Ping An Insurance (Group) Company of China, Ltd.: key facts
Table 16: Ping An Insurance (Group) Company of China, Ltd.: key financials ($)
Table 17: Ping An Insurance (Group) Company of China, Ltd.: key financials (CNY)
Table 18: Ping An Insurance (Group) Company of China, Ltd.: key financial ratios
Table 19: China size of population (million), 2013-
Table 20: China gdp (constant 2005 prices, $ billion), 2013-
Table 21: China gdp (current prices, $ billion), 2013-
Table 22: China inflation, 2013-
Table 23: China consumer price index (absolute), 2013-
Table 24: China exchange rate, 2013-
List of Figures
Figure 1: China life insurance market value: $ billion, 2013-
Figure 2: China life insurance market category segmentation: % share, by value,
Figure 3: China life insurance market geography segmentation: % share, by value,
Figure 4: China life insurance market share: % share, by value,
Figure 5: China life insurance market value forecast: $ billion, 2017-
Figure 6: Forces driving competition in the life insurance market in China,
Figure 7: Drivers of buyer power in the life insurance market in China,
Figure 8: Drivers of supplier power in the life insurance market in China,
Figure 9: Factors influencing the likelihood of new entrants in the life insurance market in China,
Figure 10: Factors influencing the threat of substitutes in the life insurance market in China,
Figure 11: Drivers of degree of rivalry in the life insurance market in China,
Figure 12: China Life Insurance Co Ltd: revenues & profitability
Figure 13: China Life Insurance Co Ltd: assets & liabilities
Figure 14: China Pacific Insurance (Group) Co., Ltd.: revenues & profitability
Figure 15: China Pacific Insurance (Group) Co., Ltd.: assets & liabilities
Figure 16: Ping An Insurance (Group) Company of China, Ltd.: revenues & profitability
Figure 17: Ping An Insurance (Group) Company of China, Ltd.: assets & liabilities

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