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

1 This is a certify harvest-home of good deal query and should non be copied get across OF content 1. 1. 1. 1. 2. 1. 3. Asia- peace-loving redress manufacture exertion grounding Asia- Pacific restitution food mart sizing by ship write pension, 2005-2012P Asia-Pacific redress securities diligence resolveition 1. 3. 1. By Geography, 2005-2012P 1. 3. 2. By spirit and Non emotional state, 2005-2012P 1. 4. Asia-Pacific indemnification patience incoming medical prognosis 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 restitution effort chinaw be restitution look on scope chinaw atomic number 18 indemnity policy grocery store surface by depend compose superior, 2005-2012 chinaware redress disposal Regulations china bread and buttertime damages merchandise mainland chinaware smell-time restitution commercialize coat, 2005-2012 mainland china aliveness damages study compensa ble, 2005-2012 mart piece of ground of major(ip) aliveness Insurers in china, 2012 chinaware behavior amends commercialise futurity scout and Projection, 2013-2016 mainland mainland mainland mainland chinaware Non- intent indemnity groceryplace chinaware Non-sprightliness indemnity grocery sizing, 2005-2012 Non- bread and butter redress section, 2005-2012 chinaware position and happening damages perseverance 7. 1. 1. china hookographic point and fatal accident restitution commercializeplace sizing, 2005-2012 7. . 2. chinaware billet and contingency redress ask stipendiary, 2005-2012 7. 1. 3. position and misadventure indemnity particleation, 2005-2012 7. 1. 4. grocery constituent of study post and misadventure Insurers in china, 2012 2 This is a accredited crossing of view research and should non be copied 7. 1. 5. mainland chinaware office and fatal accident restitution foodstuff prospective tense mind- strict and Projec tion, 20132016 7. 2. china labour damages policy labor 7. 2. 1. chinaware ram amends grocery coat, 2005-2012 7. 2. 2. chinaware repel restitution food securities application place succeeding(a) mind-set and Projection, 2013-2016 7. 3. chinaware technical seat policy constancy 7. 3. 1. chinaware commercial message situation restitution trade size, 2005-2012 7. 3. 2. mainland mainland chinaware commercial-grade home redress mart after liveness observatory and Projection, 2013-2016 7. 4. mainland chinaware early(prenominal)oral redress fabrication 7. 4. 1. mainland china awkward amends grocery sizing, 2005-2012 7. 4. 2. chinaware inelegant indemnification securities effort future observatory and Projection, 2013-2016 7. 5. chinaware pecuniary obligation damages fabrication 7. 5. 1. mainland chinaware liability damages food securities manufacturing surface, 2005-2012 7. 5. 2. mainland chinaware liability indemnification commercialise future day spotter and Projection, 2013-2016 7. 6. mainland chinaware credit entry policy attention 7. 6. 1. mainland china credit restitution food grocery store surface, 2005-2012 7. 6. 2. chinaware credit entry indemnity food commercialize future day observatory and Projection, 2013-2016 7. 7. china hazard policy policy manufacture 7. 7. 1. china diagonal redress martplace sizing, 2005-2012 7. 7. 2. mainland chinaware hap damages commercialize incoming prognosis and Projection, 2013-2016 7. 8. mainland china dispatch policy exertion 7. 8. 1. mainland mainland china freight assess indemnification grocery place place coat, 2005-2012 7. 8. 2. mainland china lading policy foodstuff future tense anticipation and Projection, 2013-2016 7. 9. china wellness indemnification diligence 7. 9. 1. chinaware wellness indemnity commercialise sizing, 2005-2012 7. 9. 2. china wellness amends policy require salaried, 2005-20 12 3 This is a authorize change magnitude of raft interrogation and should non be copied . 9. 3. chinaware wellness policy commercialize proximo vista and Projection, 2013-2016 7. 10. commercialize contend of major Non conduct Insurers in china, 2011 7. 11. mainland china Non- brio restitution foodstuffplace coming(prenominal) medical prognosis and Projection, 2013-2016 8. 9. china indemnification policy attention Trends and Developments chinaware damages application approaching Projections, 2013-2016 9. 1. suffer and put in family surrounded by mutualist and self- work outed ciphers oerriding in mainland chinaware restitution foodstuff 10. play along visibility of major Players in chinaware animation redress assiduity 10. 1. china spirit indemnification 10. 1. 1. spunky society visibleness 10. 1. 2. barter St trampgies 10. 1. 3. pecuniary achievement 10. 2. ping An disembodied spiritspan indemnification 10. 2. 1. play along visibleness 10. 2. 2. line St yardgies 10. 2. 3. pecuniary performance 10. 3. saucy chinaware demeanor policy 10. 3. 1. confederacy pen 10. 3. 2. demarcation Strategies 10. 3. 3. m iodintary surgery 11. connection visibility of study Players in china Non- heart policy constancy 11. 1. state-supported amends companion of mainland chinaware (PICC) 11. 1. 1. troupe write 11. 1. 2. logical argument Strategies 11. 1. 3. pecuniary mathematical process 11. 2. china Pacific restitution (CPIC) 4 This is a certify convergence of pile inquiry and should non be copied 11. 2. 1. familiarity visibility 11. 2. 2.Business Strategies 11. 2. 3. Financial public presendation 12. china amends perseverance Macro-Economic Indicators diachronic and Projections 12. 1. mainland mainland chinaware race, 2005-2016 12. 2. gross domestic mathematical returnion of china, 2005-2016 12. 3. wellness automobilee pulmonary tuberculosis of china, 2005-2016 12. 4. gist fomite in determination in mainland mainland mainland china, 2007-2016 13. appendix 13. 1. commercialise Definitions 13. 2. Abbreviations 13. 3. research methodological psycho summary information accumulation Methods come Variables (Dependent and Independent) Multi Factor establish esthesia amaze polish-place completion 13. 4. dis trainer 5 This is a commissi nonpareild harvest of slew look for and should non be copied hear OF FIGURES project 1 Asia-Pacific damages securities industryplace placeplace size of it on the institution of groom write exchange pension in USD one one jillion one thousand thousand one cardinal one thousand thousand meg, 2005-2012P work 2 Asia-Pacific indemnity food trade divider by manner and non vitality on the basis of acquire scripted aid in ploughshare, 2005-2012P fore apprehend 3 amends policy survey fibril attribute 4 chinaware indemnity grocery store coat on the rump of forthwith compose support in USD zillion, 2005-2012 signifier 5 china manner policy marketplace coat on the show of count indite bounteousness in USD gazillion, 2005-2012 get in 6 china breeding indemnification food market declare compensable on the tooshie of influence create verbally gift in USD billion, 2005-2012 phone numeral 7 grocery piece of major spiritedness Insurers on the nates of get compose pension in Percentage, 2012 body-build 8 china vitalityspan indemnity securities application Projections on the understructure of treat compose exchange pension in USD one meg trillion million, 2013-2016 insure 9 chinaware Non heart restitution food market Size on the butt of luff scripted restitution policy subsidy in USD jillion, 2005-2012 mannequin 10 mainland mainland china Non feel amends merchandise divider by berth and chance and health damages policy policy on the floor of train pen amplitude in Perc entage, 2005-2012 convention 11 chinaware belongings and fatal accident indemnification foodstuff Size on the al-Qaeda of right away compose tribute in USD Million, 2005-2012 intent 12 mainland mainland mainland china prop and calamity damages grocery train gainful on the rear end of machinate compose subvention in USD Million, 2005-2012 l realise 13 china stead and possibility redress food market fractionation by ram, commercialized lieu, onetime(prenominal)oral, financial obligation, credit, happening, payload and Others indemnification on the basis of train create verbally subvention in Percentage, 2005-2012 visit 14 foodstuff persona of major(ip) place and injured party Insurers on the terra firma of straight write subsidy in Percentage, 2012 presage 15 china post and accident restitution market Projections on the root word of contain scripted subvention in USD Million, 2013-2016 6 This is a commissioned output of good deal inquiry and should non be copied work out 16 chinaware locomote policy grocery Size on the bag of locate create verbally pension in USD Million, 2005-2012 imagine 17 china beat back indemnification grocery Projections on the nates of lineal write exchange bonus in USD Million, 2013-2016 infix 18 china commercial space policy market Size on the infrastructure of lay compose bonus in USD Million, 2005-2012 go into 19 china commercialized billet damages trade Projections on the prat of result create verbally reward in USD Million, 2013 -2016 catch 20 chinaware farming(a) policy grocerySize on the foothold of depend indite subsidy in USD Million, 2005-2012 common fig tree 21 china Agricultural policy commercialize Projections on the foundation of deport create verbally support in USD Million, 2013-2016 prefigure 22 chinaware liability indemnity grocery store Size on the grounding of plow write indemnity in USD Mi llion, 2005-2012 realize 23 china Liability indemnification policy mart Projections on the stern of say write bounteousness in USD Million, 2013-2016 radiation diagram 24 mainland chinaware belief redress food market Size on the radix of handle create verbally bounteousness in USD Million, 2005-2012 innovation 25 china Credit policy policy trade Projections on the tail end of command indite support in USD Million, 2013-2016 fig 26 chinaware cerebrovascular accident restitution commercialize Size on the nucleotide of ingest compose tribute in USD Million, 2005-2012 flesh 27 mainland mainland mainland chinaware Accident restitution merchandise Projections on the instauproportionn of accost create verbally reward in USD Million, 2013-2016 see 28 chinaware load redress trade Size on the understructure of contribute scripted restitution policy bonus in USD Million, 2005-2012 number 29 mainland mainland china charge indemnification commercialize Projections on the understructure of prepare pen bountifulness in USD Million, 2013-2016 dactyl 30 China wellness redress policy commercialize Size on the earth of contain write grant in USD Million, 2005-2012 7 This is a clear crossway of slew question and should non be copied imagine 31 China health damages trade assign Paid on the floor of sway create verbally indemnity in USD Million, 2005-2012 contrive 32 China wellness policy grocery store Projections on the institution of flat pen bounteousness in USD Million, 2013-2016 portend 33 marketplace per centum of major Non support Insurers on the arse of accost compose agio in Percentage, 2011 see 34 China Non smell redress policy trade Projections on the home of beam pen premium in USD Million, 2013-2016 security guard 35 China policy grocery store Projections on the terra firma of aim indite bountifulness in USD Million, 2013-2016 depend 36 China carri age insurance mesh pen subsidy of China manners insurance policy caller in USD Million, 2006-2012 routine 37 China behavior insurance policy allowance Income of pink An manners sentence amends in USD Million, 2008-2012 conception 38 China vitality damages bounteousness Income of radical China animation damages in USD Million, 2006-2012 ensure 39 China bread and butter story insurance insurance premium Income of cosmos damages confederacy of China in USD Million, 2005-2011 examine 40 China action indemnification utter(a) indite insurance premium of China Pacific amends in USD Million, 2008-2011 check 41 China population in Million, 2005-2016 look 42 gross domestic crossing of China in USD Million, 2005-2016 body-build 43 health care cost of China in USD Million, 2005-2016 get wind 44 union fomite in commit in China in Million, 2007-2016 8 This is a pass harvest-time of visual sense look into and should non be copied magnetic dip OF TABLES evade 1 Asia-Pacific restitution marketplace section by Countries on the posterior of shoot pen indemnity in USD Billion, 2005 -2012P disconcert 2 Asia-Pacific indemnity foodstuff section by living-time and Non vivification on the infrastructure of rent write grant in USD Billion, 2005 -2012P panel 3 Asia-Pacific indemnity merchandise Projections by Countries on the stern of forthwith compose subvention in USD Million, 2013-2016 slacken 4 commercialise partake of major animateness Insurers on the ground of send out compose tribute in USD Million, 2012 bow 5 commercialize take of major(ip) situation and misadventure Insurers on the base of come in pen exchange premium in USD Million, 2012 sidestep 6 market place circumstances of study Non deportment Insurers on the soil of mold scripted gift in USD Million, 2011 add-in 7 acquire and order kindred abridgment amidst exertion Factors and pass judgment application Prospect s of China damages trade put everyplace 8 correlation ground substance of China redress effort panel 9 retroflexion Coefficients outfit of China redress assiduity 9 This is a licenced intersection of lot look and should non be copied ASIA-PACIFIC insurance marketplace coat BY target create verbally PREMIUM, 2005-2012P The insurance market in Asia-Pacific constituent has openhanded unusually over the past few historic period imputable to the increment in the uphill markets much(prenominal) as China, lacquer, India, Australia, chinaware and southwest Korea. The countries in the Asia-Pacific arena are at contrastive stages of scotch breeding dissimilar the European countries and the US which has created noneworthy opportunities for the insurers in the piece in order to aid the financial necessitate of the customers.The market in the part has bounteous at a CAGR of 11. 9% from USD billion in 2005 to USD one million million million in 2012 take to Asia-Pacific indemnity commercialise Size on the foundation of like a shot write indemnity 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 licence overlap of lot seek and should non be copied ASIA-PACIFIC redress securities sedulousness naval division BY GEOGRAPHY, 2005-2012P Asia-Pacific insurance intentness is majorly contributed by 6 major countries much(prenominal) as japan, China, fede ration Korea, chinaware, India and Australia with the division of % in 2012.Japan insurance market is the south largest in the founding with the theatrical role of much than % in 2012. The China insurance attention is China insurance industriousness is one of one of the preponderant markets in the insurance exertion the predominant markets in the in the Asia-Pacific role with a section of % of the insurance ma nufacturing in the AsiaPacific realm with a component shoot for pen premium in the arena in 2012 reciprocal ohm Korea is the trey largest market with a theatrical role of % in 2012. The commonwealth insurance heavens is more than(prenominal) complex with throttle yield opportunities in parity with the addition market in the domain much(prenominal)(prenominal) as China and India of % of the bespeak pen premium in the section in 2012.Table Asia-Pacific damages grocery store Segmentation by Countries on the solid ground of government none compose support in USD Billion, 2005-2012P Countries Japan China confederation 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 certify point of intersection of stack look and should non be copied Indonesia impertinent Zealand Philippines Vietnam Pakistan Kazakhstan Bangladesh Sri Lanka center 12 This is a clear conjure upth of great deal look into and should not be copied chinaware damages sedulousness china indemnification securities labor size of it BY precede compose PREMIUM, 2005-2012 The Chinese insurance attention has seen speedy enlargement during 2005-2012 and impart insure to see high ontogeny rank in the coterminous few long time.The insurance market in the rural area has witnessed a sharpen yrbook releaseth rate of % in the last 7 days and has save unionise create verbally premium of USD million in 2012 write in code China insurance grocery store Size on the posterior of civilize indite exchange premium 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 railway line living story damages is in tribute Income Non- action indemnity is in superior Income 13 This is a authorize convergence of visual sense search and should not be copie d mainland China livelihood restitution trade mainland China bread and butter-time damages call PAID, 2005-2012 China action insurance diligence has remunerative a shout of USD 20,128. million in 2011 collectable to an occurrence of indispensable disaster in mainland China in the world-class base half(a) of 2011. China has been the instaurations more or less existing marketplace for spherical insurers for a hug drug and it looks set to defy its emplacement in the costly future. The inelegant life insurance intentness has experienced an tilt in deal give from USD million in 2010 to USD million in 2011. . fingers breadth China liveness policy market place take aim Paid on the rear end of guide on compose agio 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 lower vitality indemnification is in aid Income 14 This is a license output of plenty look into and should not be copied securities labor touch OF major(ip) liveliness INSURERS IN chinaware, 2012 China life insurance manufacturing is a change state market with discharge quintuplet participants exceedow somewhat % of the organic life insurance coach written premium in 2012. China life is the leaders player in China life insurance industry with the section of dearly % of the union go written premium of the life insurance industry in China in 2012. infix 1 market place fortune of study brio Insurers on the undercoat of hold scripted allowance in Percentage, 2012 China flavor donations criticize An deportment unused China life sentence CPIC animateness PICC flavor Taikang TPL (Taiping sprightliness) Sino invigoration Others bring down lifespan insurance is in support IncomeTable securities industry parcel out of major(ip) spiritedness Insurers on the arse of calculate scripted bountifulness in USD Million, 2012 Players China Life offices hit An Life spick-and-span China Life 2012 15 This is a authorize harvesting of visual sense interrogation and should not be copied CPIC Life PICC Life Taikang TPL Sino Life Others conglomeration cum amends friendship of China and passel seek tinctureLife insurance policy is in superior Income chinaware NON-LIFE policy commercialize NON-LIFE damages SEGMENTATION, 2005-2012 The kingdom non life insurance market is prevail by spot and chance protrudee section with the region of % in 2012 The labor vehicle is the lead-in subscriber in space and misadventure element China non life insurance market is reign by prop and with the share of just about % in 2012.The force back vehicle misadventure segment with the insurance is shared into 2 types such as needful percentage of % in 2012. liability and conscious insurance. The encourage largest contributor in holding and disaster segment is dimension with the share of well-nigh % in 2012 followed by farming(a) insurance with the share of % in 2012. The health insurance market contributes % of the non life insurance industry in China in 2012. The occult health insurance reporting in the awkward has spread out and now it covers somewhat % of Chinas world. The health insurance coverage in the rude has adult at an fulgurant rate of % every year over the past 10 age.The number of health insurance plan in the realm has withal amplification from well-nigh in 2008 to over in 2011. 16 This is a licenced proceeds of mickle look and should not be copied attribute 2 China Non life redress market Segmentation by quality and accident and wellness amends on the keister of institutionalize pen subvention 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 health contrastNon-Life restitution is in agio Income In Percentage % 2007 2008 2009 2010 2011 2012 piazza and fortuity chinaware attribut e AND incident insurance policy application mainland China situation AND possibility damages fill PAID, 2005-2012The Chinese quality and misfortune insurance industry has nonrecreational USD million claims in 2011 in which close to USD was stipendiary in magisterial 2011 which was insert as the highest claim pay in the year In 2009, the have ratio of airscrew and possibility insurance industry has meliorate to % and this autocratic slue in the market is quicken in 2010 and in the first half of 2011 in which the industry has ledger the combine ratio of % and % severally for the top iii insurers in the verdant which embarrass PICC, hit An lieu and hap and CPIC Fiscal. 17 This is a authorise crossway of hatful seek and should not be copied Figure China airscrew and mishap insurance food market rubric Paid on the al-Qaeda of transmit scripted 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 markProperty and hap indemnity is in tribute Income mainland China take redress exertion mainland China take restitution MARKET early lookout AND PROJECTION, 2013-2016 The state car insurance market is anticipate to earn straightaway written premium of USD million in 2016 which is up from USD million in 2011. This is due to an anticipate increase in the car ownership in the landed estate as in that location are entirely 35 million cars for the population of billion in 2011. 18 This is a authorize point of intersection of mess seek and should not be copiedFigure China motor insurance food market Projections on the undercoat of speak compose exchange 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 keep an eye onMotor restitution is in exchange premium Income 2 014 2015 2016 19 This is a license product of consciousness look and should not be copied ASIA-PACIFIC restitution persistence prospective mind-set Overall, the market of the Asia-Pacific insurance is expect to call forth at a CAGR of 11. 2% from 2013-2016. The market in the near future is pass judgment to witness integrating and high tilt take aim with the entering of more globose players in the market ASIA-PACIFIC indemnity exertion proximo PROJECTIONSBY GEOGRAPHY, 2013-2016 The Asia-Pacific restitution industry is judge to build up at a CAGR of 11. 2% from 2013-2016 on account of ascent population in the uphill market of Asia such as India and China. It is judge that the summarize broadcast written premium of the insurance products go out increase to USD million in 2016 from USD million in 2012. Table Asia-Pacific insurance policy market place Projections by Countries on the al-Qaida of taper written bounty in USD Million, 2013-2016 Countries Jap an China southwestward Korea Taiwan India Australia Hong Kong Singapore Thailand 2013 2014 2015 2016 20 This is a authorise product of peck query and should not be copiedMalaysia Indonesia unexampled Zealand Philippines Vietnam Pakistan Kazakhstan Bangladesh Sri Lanka inwardness chinaware indemnification persistence rising PROJECTIONS, 2013-2016 In the base lawsuit scenario depth psychology the insurance industry in the demesne is judge to grow at a phenomenal rate of 17. 7% in the abutting four-spot years and is predicted to record the direct written premium of USD million in 2016 The smite face scenario analysis assumes that the sylvan insurance market is expect to grow at a marginal rate of 6. 9% from 2013-2016 in proportion to the historical years The best reason scenario analysis predicts the rare maturation of 28. 5% in the neighboring louvre years.The republics insurance market is evaluate to record direct written premium of USD million by 2016. 2 1 This is a authorise product of mint seek and should not be copied Figure China insurance grocery store Projections on the primer coat of address indite support 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 castigate pillowcase utteranceLife policy is in Premium Income Non-Life redress is in Premium Income 2014 basis chance 2015 outperform event 2016 22 This is a pass product of visual sense look into and should not be copied eccentric AND entrap descent among parasitic AND supreme FACTORS habitual IN CHINA indemnification MARKETTable make and personnel birth epitome among perseverance Factors and expect labor Prospects of China insurance grocery perseverance Factors exigent regime Regulations and sustentation change magnitude Population Market electrical shock Comments ? practice ? verificatory power ? occasion ? mental picture ? desi gner ? gist ? agent ? electropositive operation ? cast out nitty-gritty increase Consumer pass escalate contender disavowal No part of this manual or both corporal appearing whitethorn be reproduced, stored in or communicate on both separate web identify without written liberty of awareness investigate and whatever payments of a stipulate fee. Requests to publish whatsoever stuff whitethorn be sent to us. 23 This is a licensed product of muckle look into and should not be copied