Impact of China in Insurance - Thematic Research

Impact of China in Insurance - Thematic Research



This report provides an in-depth analysis of the current state of the Chinese insurance market, how it has influenced key trends across the industry, and how it will progress over the next few years.

The Chinese insurance industry has seen extremely sharp growth in recent years, with consistent double-digit annual gross written premium growth. COVID-19 will slow this to some extent, although the industry is still expected to see strong growth even in the pandemic-hit 2020. Its sharp recovery from the pandemic makes it an extremely attractive proposition for foreign insurers, which have started to move into the country. The Chinese market has been strong for innovation in insurance in recent years. Its three giant tech companies - Alibaba, Tencent, and Baidu - all now play an influential role in the marketing and distribution of insurance.

Scope

- Ping An is one of the leading insurers in the world, and ranked number one in our Thematic Research: Insurance Sector Scorecard. The insurer has responded particularly well to the COVID-19 pandemic.
- Zhong An is the best funded insurtech in the world, having raised around 660m since it was launched in 2013. It became Chinas first digital insurer and has gone from strength to strength since then, selling insurance policies that are often simple and cheap to millions of customers.
- Foreign insurers have often looked enviously towards the Chinese insurance market. It has consistently shown sharp growth but has always been notoriously difficult to enter. The current climate - with the world heading towards recession following the pandemic - combined with the Chinese economy and insurance industry recovering quicker than most of the rest of the world will surely see the interest of foreign insurers increase further.

Reasons to Buy

- Ensure you remain competitive as new innovations and insurance models begin to enter the market.
- Learn about one of the global insurance superpowers, and how it continues to develop.

Executive summary
Players
Technology briefing
Trends
Technology trends
Macroeconomic trends
Regulatory trends
Industry analysis
Market size and growth forecasts
COVID-19 impact
Mergers and acquisitions
Timeline
Companies
Insurance sector scorecard
Glossary
Further reading
Our thematic research methodology
About GlobalData
Contact Us

Global Probiotic Supplement Market (2021 Edition) – Analysis by Ingredient (Bacteria Based, Yeast Based), Application, Distribution Channel By Region, By Country: Market Insights and Forecast with Impact of COVID-19 (2021-2026)

Executive The Global Probiotic Supplement Market was valued at USD 6.28 billion in the year 2020. The rising demand from millennials and increasing awareness among the people are expected to

USD 1800 View Report

Global Connector Market (2021 Edition): Analysis By Product, End User, By Region, By Country Market Insights and Forecast with Impact of COVID-19 (2021-2026)

Executive The Global Connector Market was valued at USD 62.73 billion in the year 2020. The global connector market is witnessing lucrative growth due to rapid urbanisation along with an

USD 2200 View Report

Global Probiotic Supplement Market (2021 Edition) – Analysis by Ingredient (Bacteria Based, Yeast Based), Application, Distribution Channel By Region, By Country: Market Insights and Forecast with Impact of COVID-19 (2021-2026)

Executive The Global Probiotic Supplement Market was valued at USD 6.28 billion in the year 2020. The rising demand from millennials and increasing awareness among the people are expected to

USD 1800 View Report

Global Connector Market (2021 Edition): Analysis By Product, End User, By Region, By Country Market Insights and Forecast with Impact of COVID-19 (2021-2026)

Executive The Global Connector Market was valued at USD 62.73 billion in the year 2020. The global connector market is witnessing lucrative growth due to rapid urbanisation along with an

USD 2200 View Report

Fill The Form For Sample Request

Note : * Kindly provide us with your company id and get the sample reports at the earliest.

There is no Reviews available