SYS-CON MEDIA Authors: Peter Silva, Kevin Jackson, Jessica Qiu, Dana Gardner, Dan Stolts

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Personal Accident and Health Insurance in China, Key Trends and Opportunities to 2017

LONDON, Feb. 26, 2014 /PRNewswire/ -- Reportbuyer.com just published a new market research report:

Personal Accident and Health Insurance in China, Key Trends and Opportunities to 2017


Synopsis

The report provides in depth market analysis, information and insights into the Chinese personal accident and health insurance segment including:
• The Chinese personal accident and health insurance segment's growth prospects by personal accident and health insurance categories
• The various distribution channels in the Chinese personal accident and health insurance segment
• The competitive landscape in the personal accident and health insurance segment
• A description of the personal accident and health reinsurance segment in China
• Detailed analysis of the regulatory framework in China

Summary

Healthcare programs run by the Chinese government are the primary means of serving the healthcare needs of the country's citizens. This basic health insurance program coverage has risen from 24% in 2005 to 90% of the country's population in 2012, supported by large-scale expenditure. The government is aware of the dangers of unchecked healthcare expenditure. In more developed countries such as the US, healthcare expenditure accounts for more than 10% of GDP. Although the market for private insurance is still small and accounted for only 2.0% of the total healthcare expenditure in 2012, it continues to grow and is playing an important role. Private healthcare catered to around 7.0% of China's population in 2012. The aging population, increasing urbanization and expanding disposable income are expected to drive growth in the personal accident and health segment over the forecast period.

Scope

This report provides a comprehensive analysis of the personal accident and health insurance segment in China:
• It provides historical values for the Chinese personal accident and health insurance segment for the report's 2008–2012 review period and forecast figures for the 2012–2017 forecast period
• It offers a detailed analysis of the key sub-segments in the Chinese personal accident and health insurance segment along with market forecasts until 2017
• It covers an exhaustive list of parameters including written premium, incurred loss, loss ratio, commissions and expenses, combined ratio, frauds and crimes, total assets, total investment income and retentions
• It analyses the various distribution channels for personal accident and health insurance products in China
• Using Porter's industry-standard "Five Forces" analysis, it details the competitive landscape in China for the personal accident and health insurance segment
• It provides a detailed analysis of the reinsurance segment in China and its growth prospects
• It profiles the top personal accident and health insurance companies in China and outlines the key regulations affecting them

Reasons To Buy

• Make strategic business decisions using historic and forecast market data related to the Chinese personal accident and health insurance segment and each sector within it
• Understand the demand-side dynamics, key market trends and growth opportunities within the Chinese personal accident and health insurance segment
• Assess the competitive dynamics in the personal accident and health insurance segment along with the reinsurance segment
• Identify the growth opportunities and market dynamics within key product categories
• Gain insights into key regulations governing the Chinese personal accident and health insurance segment and its impact on companies and future trends

Key Highlights

• The main growth drivers for the Chinese personal accident and health insurance segment are the country's aging population, robust economic growth, rising disposable incomes and increased awareness of the need for insurance, especially among younger people.
• The basic health insurance program coverage has risen from 24% in 2005 to 90% of the country's population in 2012, supported by large-scale expenditure.
• There have been initiatives taken by the government to increase the role of private companies in helping to improve the country's healthcare system and demand for private health insurance products.
Table of Contents
1 Executive Summary
2 Introduction
2.1 What is this Report About?
2.2 Definitions
2.3 Methodology
3 Regional Market Dynamics
3.1 Overview
3.1.1 Market trends
3.1.2 Market size
4 Personal Accident and Health Insurance Segment
4.1 Scale and Penetration
4.1.1 Total market gross written premium
4.1.2 Premium per capita
4.1.3 Personal accident and health insurance penetration (as a percentage of GDP)
4.2 Growth
4.2.1 Gross written premium
4.2.2 Gross written premium per capita
4.3 Efficiency and Risk
4.3.1 Loss ratio
4.3.2 Incurred losses per capita
4.3.3 Incurred losses as a percentage of GDP
4.4 Distribution Channels
4.4.1 Direct marketing
4.4.2 Bancassurance
4.4.3 Agencies
5 Chinese Insurance Industry Attractiveness
5.1 Insurance Industry Size, 2008–2017
5.2 Key Industry Trends and Drivers
6 Personal Accident and Health Insurance Segment Outlook
6.1 Personal Accident and Health Insurance Growth Prospects by Category
6.1.1 Personal accident insurance
6.1.2 Travel insurance
6.1.3 Health insurance
6.1.4 Non-life health insurance
7 Analysis by Distribution Channels
7.1 Direct Marketing
7.2 Bancassurance
7.3 Agencies
7.4 E-Commerce
7.5 Brokers
7.6 Other Channels
8 Porter's Five Forces Analysis – Chinese Personal Accident and Health Insurance Segment
8.1 Bargaining Power of Supplier: Low to Medium
8.2 Bargaining Power of Buyer: Low to Medium
8.3 Barriers to Entry: Medium to High
8.4 Intensity of Rivalry: Medium to High
8.5 Threat of Substitutes: Low
9 Reinsurance Growth Dynamics and Challenges
9.1 Reinsurance Segment Size, 2008–2017
9.2 Reinsurance Segment Size by Type of Insurance, 2008–2017
10 Governance, Risk and Compliance
10.1 Legislation Overview and Historical Evolution
10.2 Legislation Trends by Type of Insurance
10.2.1 Life insurance regulatory trends
10.2.2 Property insurance regulatory trends
10.2.3 Liability insurance regulatory trends
10.2.4 Motor insurance regulatory trends
10.2.5 Marine, aviation and transit insurance regulatory trends
10.2.6 Personal accident insurance regulatory trends
10.2.7 Health insurance regulatory trends
10.3 Compulsory Insurance
10.3.1 Third-party motor insurance
10.3.2 Compulsory environmental insurance
10.4 Supervision and Control
10.4.1 International Association of Insurance Supervisors (IAIAS)
10.4.2 China Insurance Regulatory Commission (CIRC)
10.5 Non-Admitted Insurance Regulatory Trends
10.5.1 Overview
10.5.2 Intermediaries
10.5.3 Market Practices
10.5.4 Fines and Penalties
10.6 Company Registration and Operations
10.6.1 Types of Insurance Organization
10.6.2 Establishing A Local Company
10.6.3 Foreign Ownership
10.6.4 Types of License
10.6.5 Capital Requirements
10.6.6 Solvency Margins
10.6.7 Reserve Requirements
10.6.8 Investment Regulation
10.6.9 Policy Terms and Conditions
10.7 Taxation
10.7.1 Insurance Premium or Policy Taxation
10.7.2 Corporate Tax
10.7.3 VAT
10.7.4 Captives
10.8 Legal System
10.8.1 Introduction
10.8.2 Access to Courts
10.8.3 Alternative Dispute Resolution (ADR)
11 Competitive Landscape and Strategic Insights
11.1 Overview
11.2 Leading Companies in the Chinese Personal Accident and Health Insurance Market
11.3 China Life Insurance Company Ltd – Company Overview
11.3.1 China Life Insurance Company Ltd – key facts
11.4 Ping An Health Insurance Company, Ltd – Company Overview
11.4.1 Ping An Health Insurance Company, Ltd – key facts
11.5 China Pacific Insurance (Group) Co., Ltd – Company Overview
11.5.1 China Pacific Insurance (Group) Co., Ltd – key facts
11.6 PICC Health Insurance Company Ltd – Company Overview
11.6.1 PICC Health Insurance Company Ltd – key facts
11.7 New China Life Insurance Co. Ltd – Company Overview
11.7.1 New China Life Insurance Co. Ltd – key facts
11.8 Sunshine Insurance Group Co., Ltd – Company Overview
11.8.1 Sunshine Insurance Group Co., Ltd – key facts
12 Business Environment and Country Risk
12.1 Business Confidence
12.1.1 Market capitalization trend – Shanghai Stock Exchange, China
12.2 Economic Performance
12.2.1 Net foreign direct investment
12.2.2 GDP at constant prices (US$)
12.2.3 GDP per capita at constant prices (US$)
12.2.4 GDP at current prices (US$)
12.2.5 GDP per capita at current prices (US$)
12.2.6 GDP by key segments
12.2.7 Agriculture, hunting, forestry and fishing net output at current prices (US$)
12.2.8 Agriculture, hunting, forestry and fishing net output at current prices as a percentage of GDP
12.2.9 Manufacturing net output at current prices (US$)
12.2.10 Manufacturing net output at current prices as a percentage of GDP
12.2.11 Mining, manufacturing and utilities at current prices (US$)
12.2.12 Mining, manufacturing and utilities at current prices as a percentage of GDP
12.2.13 Construction net output at current prices, (US$)
12.2.14 Construction net output at current prices as a percentage of GDP
12.2.15 Inflation rate
12.2.16 Current account balance as a percentage of GDP
12.2.17 Exports as a percentage of GDP
12.2.18 Imports as a percentage of GDP
12.2.19 Exports growth
12.2.20 Imports growth
12.2.21 External debt as a percentage of GDP
12.3 Infrastructure Quality and Availability
12.3.1 Commercial vehicles exports – total value
12.3.2 Commercial vehicles imports – total value
12.3.3 Automotive exports – total value
12.3.4 Automotive imports – total value
12.3.5 Life expectancy
12.3.6 Total internet subscribers
12.4 Labor Force
12.4.1 Unemployment rate
12.5 Demographics
12.5.1 Household consumption expenditure (US$)
12.5.2 Total population
12.5.3 Urban and rural populations
12.5.4 Females as a percentage of the population
12.5.5 Chinese Males as a percentage of the population
12.5.6 Median age of the population
12.5.7 Age distribution of the total population
12.5.8 Number of households
13 Appendix
13.1 Methodology
13.2 Contact Timetric
13.3 About Timetric
13.4 Timetric's Services
13.5 Disclaimer


List of Tables
Table 1: Insurance Industry Definitions
Table 2: Chinese Insurance – Overall Written Premium by Segment (CNY Billion), 2008–2012
Table 3: Chinese Insurance – Overall Written Premium by Segment (US$ Billion), 2008–2012
Table 4: Chinese Insurance – Overall Written Premium by Segment (CNY Billion), 2012–2017
Table 5: Chinese Insurance – Overall Written Premium by Segment (US$ Billion), 2012–2017
Table 6: Chinese Insurance – Segmentation (Percentage Share), 2008–2017
Table 7: Chinese Personal Accident and Health Insurance – Written Premium by Category (CNY Billion), 2008–2012
Table 8: Chinese Personal Accident and Health Insurance – Written Premium by Category (US$ Billion), 2008–2012
Table 9: Chinese Personal Accident and Health Insurance – Written Premium by Category (CNY Billion), 2012–2017
Table 10: Chinese Personal Accident and Health Insurance – Written Premium by Category (US$ Billion), 2012–2017
Table 11: Chinese Personal Accident and Health Insurance – Earned Premium (CNY Billion), 2008–2012
Table 12: Chinese Personal Accident and Health Insurance – Earned Premium (CNY Billion), 2012–2017
Table 13: Chinese Personal Accident and Health Insurance – Paid Claims by Category (CNY Billion), 2008–2012
Table 14: Chinese Personal Accident and Health Insurance – Paid Claims by Category (US$ Billion), 2008–2012
Table 15: Chinese Personal Accident and Health Insurance – Paid Claims by Category (CNY Billion), 2012–2017
Table 16: Chinese Personal Accident and Health Insurance – Paid Claims by Category (US$ Billion), 2012–2017
Table 17: Chinese Personal Accident and Health Insurance – Incurred Loss by Category (CNY Billion), 2008–2012
Table 18: Chinese Personal Accident and Health Insurance – Incurred Loss by Category (US$ Billion), 2008–2012
Table 19: Chinese Personal Accident and Health Insurance – Incurred Loss by Category (CNY Billion), 2012–2017
Table 20: Chinese Personal Accident and Health Insurance – Incurred Loss by Category (US$ Billion), 2012–2017
Table 21: Chinese Personal Accident and Health Insurance – Loss Ratio (%), 2008–2012
Table 22: Chinese Personal Accident and Health Insurance – Loss Ratio (%), 2012–2017
Table 23: Chinese Personal Accident and Health Insurance – Commission and Expenses (CNY Billion), 2008–2012
Table 24: Chinese Personal Accident and Health Insurance – Commission and Expenses (CNY Billion), 2012–2017
Table 25: Chinese Personal Accident and Health Insurance – Combined Ratio (%), 2008–2012
Table 26: Chinese Personal Accident and Health Insurance – Combined Ratio (%), 2012–2017
Table 27: Chinese Personal Accident and Health Insurance – Frauds and Crimes (CNY Billion), 2008–2012
Table 28: Chinese Personal Accident and Health Insurance – Frauds and Crimes (CNY Billion), 2012–2017
Table 29: Chinese Personal Accident and Health Insurance – Total Assets (CNY Billion), 2008–2012
Table 30: Chinese Personal Accident and Health Insurance – Total Assets (CNY Billion), 2012–2017
Table 31: Chinese Personal Accident and Health Insurance – Total Investment Income (CNY Billion), 2008–2012
Table 32: Chinese Personal Accident and Health Insurance – Total Investment Income (CNY Billion), 2012–2017
Table 33: Chinese Personal Accident and Health Insurance – Retentions (CNY Billion), 2008–2012
Table 34: Chinese Personal Accident and Health Insurance – Retentions (CNY Billion), 2012–2017
Table 35: Chinese Personal Accident Insurance – Number of Policies Sold (Thousand), 2008–2012
Table 36: Chinese Personal Accident Insurance – Number of Policies Sold (Thousand), 2012–2017
Table 37: Chinese Personal Accident Insurance – Written Premium (CNY Billion), 2008–2012
Table 38: Chinese Personal Accident Insurance – Written Premium (CNY Billion), 2012–2017
Table 39: Chinese Personal Accident Insurance – Loss Ratio (%), 2008–2012
Table 40: Chinese Personal Accident Insurance – Loss Ratio (%), 2012–2017
Table 41: Chinese Travel Insurance – Number of Policies Sold (Thousand), 2008–2012
Table 42: Chinese Travel Insurance – Number of Policies Sold (Thousand), 2012–2017
Table 43: Chinese Travel Insurance – Written Premium (CNY Billion), 2008–2012
Table 44: Chinese Travel Insurance – Written Premium (CNY Billion), 2012–2017
Table 45: Chinese Travel Insurance – Loss Ratio (%), 2008–2012
Table 46: Chinese Travel Insurance – Loss Ratio (%), 2012–2017
Table 47: Chinese Health Insurance – Written Premium by Sub-Category (CNY Billion), 2008–2012
Table 48: Chinese Health Insurance – Written Premium by Sub-Category (US$ Billion), 2008–2012
Table 49: Chinese Health Insurance – Written Premium by Sub-Category (CNY Billion), 2012–2017
Table 50: Chinese Health Insurance – Written Premium by Sub-Category (US$ Billion), 2012–2017
Table 51: Chinese Non-Life Health Insurance – Number of Policies Sold (Thousand), 2008–2012
Table 52: Chinese Non-Life Health Insurance – Number of Policies Sold (Thousand), 2012–2017
Table 53: Chinese Non-Life Health Insurance – Written Premium (CNY Billion), 2008–2012
Table 54: Chinese Non-Life Health Insurance – Written Premium (CNY Billion), 2012–2017
Table 55: Chinese Non-Life Health Insurance – Loss Ratio (%), 2008–2012
Table 56: Chinese Non-Life Health Insurance – Loss Ratio (%), 2012–2017
Table 57: Chinese Personal Accident and Health Insurance – Direct Marketing Commission Paid (CNY Billion), 2008–2012
Table 58: Chinese Personal Accident and Health Insurance – Direct Marketing Commission Paid (CNY Billion), 2012–2017
Table 59: Chinese Personal Accident and Health Insurance – Written Premium Through Direct Marketing (CNY Billion), 2008–2012
Table 60: Chinese Personal Accident and Health Insurance – Written Premium Through Direct Marketing (CNY Billion), 2012–2017
Table 61: Chinese Personal Accident and Health Insurance – Policies Sold Through Direct Marketing (Thousand), 2008–2012
Table 62: Chinese Personal Accident and Health Insurance – Policies Sold Through Direct Marketing (Thousand), 2012–2017
Table 63: Chinese Personal Accident and Health Insurance – Number of Direct Marketing Distributors, 2008–2012
Table 64: Chinese Personal Accident and Health Insurance – Number of Direct Marketing Distributors, 2012–2017
Table 65: Chinese Personal Accident and Health Insurance – Bancassurance Commission Paid (CNY Billion), 2008–2012
Table 66: Chinese Personal Accident and Health Insurance – Bancassurance Commission Paid (CNY Billion), 2012–2017
Table 67: Chinese Personal Accident and Health Insurance – Written Premium Through Bancassurance (CNY Billion), 2008–2012
Table 68: Chinese Personal Accident and Health Insurance – Written Premium Through Bancassurance (CNY Billion), 2012–2017
Table 69: Chinese Personal Accident and Health Insurance – Policies Sold Through Bancassurance (Thousand), 2008–2012
Table 70: Chinese Personal Accident and Health Insurance – Policies Sold Through Bancassurance (Thousand), 2012–2017
Table 71: Chinese Personal Accident and Health Insurance – Number of Bancassurance Distributors, 2008–2012
Table 72: Chinese Personal Accident and Health Insurance – Number of Bancassurance Distributors, 2012–2017
Table 73: Chinese Personal Accident and Health Insurance – Commission Paid to Agencies (CNY Billion), 2008–2012
Table 74: Chinese Personal Accident and Health Insurance – Commission Paid to Agencies (CNY Billion), 2012–2017
Table 75: Chinese Personal Accident and Health Insurance – Written Premium Through Agencies (CNY Billion), 2008–2012
Table 76: Chinese Personal Accident and Health Insurance – Written Premium Through Agencies (CNY Billion), 2012–2017
Table 77: Chinese Personal Accident and Health Insurance – Policies Sold Through Agencies (Thousand), 2008–2012
Table 78: Chinese Personal Accident and Health Insurance – Policies Sold Through Agencies (Thousand), 2012–2017
Table 79: Chinese Personal Accident and Health Insurance – Number of Agencies, 2008–2012
Table 80: Chinese Personal Accident and Health Insurance – Number of Agencies, 2012–2017
Table 81: Chinese Personal Accident and Health Insurance – E-Commerce Commission Paid (CNY Billion), 2008–2012
Table 82: Chinese Personal Accident and Health Insurance – E-Commerce Commission Paid (CNY Billion), 2012–2017
Table 83: Chinese Personal Accident and Health Insurance – Written Premium Through E-Commerce (CNY Billion), 2008–2012
Table 84: Chinese Personal Accident and Health Insurance – Written Premium Through E-Commerce (CNY Billion), 2012–2017
Table 85: Chinese Personal Accident and Health Insurance – Policies Sold Through E-Commerce (Thousand), 2008–2012
Table 86: Chinese Personal Accident and Health Insurance – Policies Sold Through E-Commerce (Thousand), 2012–2017
Table 87: Chinese Personal Accident and Health Insurance – Number of E-Commerce Distributors, 2008–2012
Table 88: Chinese Personal Accident and Health Insurance – Number of E-Commerce Distributors, 2012–2017
Table 89: Chinese Personal Accident and Health Insurance – Commission Paid to Brokers (CNY Billion), 2008–2012
Table 90: Chinese Personal Accident and Health Insurance – Commission Paid to Brokers (CNY Billion), 2012–2017
Table 91: Chinese Personal Accident and Health Insurance – Written Premium Through Brokers (CNY Billion), 2008–2012
Table 92: Chinese Personal Accident and Health Insurance – Written Premium Through Brokers (CNY Billion), 2012–2017
Table 93: Chinese Personal Accident and Health Insurance – Policies Sold Through Brokers (Thousand), 2008–2012
Table 94: Chinese Personal Accident and Health Insurance – Policies Sold Through Brokers (Thousand), 2012–2017
Table 95: Chinese Personal Accident and Health Insurance – Number of Brokers, 2008–2012
Table 96: Chinese Personal Accident and Health Insurance – Number of Brokers, 2012–2017
Table 97: Chinese Personal Accident and Health Insurance – Commission Paid to Other Channels (CNY Billion), 2008–2012
Table 98: Chinese Personal Accident and Health Insurance – Commission Paid to Other Channels (CNY Billion), 2012–2017
Table 99: Chinese Personal Accident and Health Insurance – Written Premium Through Other Channels (CNY Billion), 2008–2012
Table 100: Chinese Personal Accident and Health Insurance – Written Premium Through Other Channels (CNY Billion), 2012–2017
Table 101: Chinese Personal Accident and Health Insurance – Policies Sold Through Other Channels (Thousand), 2008–2012
Table 102: Chinese Personal Accident and Health Insurance – Policies Sold Through Other Channels (Thousand), 2012–2017
Table 103: Chinese Personal Accident and Health Insurance – Number of Distributors in Other Channels, 2008–2012
Table 104: Chinese Personal Accident and Health Insurance – Number of Distributors in Other Channels, 2012–2017
Table 105: Reinsurance in China by Category (CNY Billion), 2008–2012
Table 106: Reinsurance in China by Category (US$ Billion), 2008–2012
Table 107: Reinsurance in China by Category (CNY Billion), 2012–2017
Table 108: Reinsurance in China by Category (US$ Billion), 2012–2017
Table 109: Chinese Premium Ceded to Reinsurance by Type of Insurance (CNY Billion), 2008–2012
Table 110: Chinese Premium Ceded to Reinsurance by Type of Insurance (US$ Billion), 2008–2012
Table 111: Chinese Premium Ceded to Reinsurance by Type of Insurance (CNY Billion), 2012–2017
Table 112: Chinese Premium Ceded to Reinsurance by Type of Insurance (US$ Billion), 2012–2017
Table 113: Chinese Personal Accident and Health Insurance – Percentage of Reinsurance Ceded (%), 2008–2012
Table 114: Chinese Personal Accident and Health Insurance – Percentage of Reinsurance Ceded (%), 2012–2017
Table 115: The Evolution of Statutory Automobile Liability Insurance (SALI) in China:
Table 116: Corporate Tax Rates in China for the Financial Year 2012–2013
Table 117: Chinese Personal Accident and Health Insurance Companies
Table 118: China Life Insurance Company Ltd – Key Facts
Table 119: Ping An Health Insurance Company, Ltd – Key Facts
Table 120: China Pacific Insurance (Group) Co., Ltd – Key Facts
Table 121: PICC Health Insurance Company Ltd – Key Facts
Table 122: New China Life Insurance Co. Ltd– Key Facts
Table 123: Sunshine Insurance Group Co., Ltd– Key Facts


List of Figures
Figure 1: BRICS Region – A Snapshot of the Economies and Populations, 2011
Figure 2: BRICS Region – Growth Trends in the Insurance Industry
Figure 3: BRICS Region – GDP at Constant Prices (US$ Trillion) and Annual Per Capita Disposable Income (US$), 2007 and 2011
Figure 4: BRICS Region – Health Expenditure Per Capita (US$), 2007 and 2011
Figure 5: BRICS Insurance – Total Industry Values by Segment (US$ Billion), 2011
Figure 6: BRICS Personal Accident and Health Insurance – Growth Trends
Figure 7: BRICS Personal Accident and Health Insurance – Gross Written Premiums (US$ Billion), 2011
Figure 8: BRICS Personal Accident and Health Insurance – Premiums Per Capita (US$), 2011
Figure 9: BRICS Personal Accident and Health Insurance – Penetration (% of GDP), 2011 and 2016
Figure 10: BRICS Personal Accident and Health Insurance – Gross Written Premium Growth (%), 2007–2016
Figure 11: BRICS Personal Accident and Health Insurance – Gross Written Premium Capita Growth (%), 2007–2016
Figure 12: BRICS Personal Accident and Health Insurance – Loss Ratios (%), 2011 and 2016
Figure 13: BRICS Personal Accident and Health Insurance – Incurred Losses per Capita (US$), 2011 and 2016
Figure 14: BRICS Personal Accident and Health Insurance – Incurred Losses as a Percentage of GDP (%), 2011 and 2016
Figure 15: BRICS Direct Marketing – Share of Personal Accident and Health Insurance Gross Written Premium (%), 2007–2016
Figure 16: BRICS Bancassurance – Share of Personal Accident and Health Insurance Gross Written Premium (%), 2007–2016.
Figure 17: BRICS Agencies – Share of Personal Accident and Health insurance Gross Written Premium (%), 2007–2016
Figure 18: Chinese Insurance – Overall Written Premium by Segment (CNY Billion), 2008–2017
Figure 19: Chinese Insurance – Dynamics by Segment (%), 2008–2017
Figure 20: Chinese Personal Accident and Health Insurance – Written Premium by Category (CNY Billion), 2008–2017
Figure 21: Chinese Personal Accident and Health Insurance – Written Premium by Category (Percentage Share), 2012 and 2017
Figure 22: Chinese Personal Accident and Health Insurance – Dynamics by Category, 2008–2017
Figure 23: Chinese Personal Accident and Health Insurance – Earned Premium (CNY Billion), 2008–2012
Figure 24: Chinese Personal Accident and Health Insurance – Earned Premium (CNY Billion), 2012–2017
Figure 25: Chinese Personal Accident and Health Insurance – Paid Claims by Category (CNY Billion), 2008–2017
Figure 26: Chinese Personal Accident and Health Insurance – Incurred Loss by Category (CNY Billion), 2008–2017
Figure 27: Chinese Personal Accident and Health Insurance – Loss Ratio (%), 2008–2012
Figure 28: Chinese Personal Accident and Health Insurance – Loss Ratio (%), 2012–2017
Figure 29: Chinese Personal Accident and Health Insurance – Commission and Expenses (CNY Billion), 2008–2012
Figure 30: Chinese Personal Accident and Health Insurance – Commission and Expenses (CNY Billion), 2012–2017
Figure 31: Chinese Personal Accident and Health Insurance – Combined Ratio (%), 2008–2012
Figure 32: Chinese Personal Accident and Health Insurance – Combined Ratio (%), 2012–2017
Figure 33: Chinese Personal Accident and Health Insurance – Frauds and Crimes (CNY Billion), 2008–2012
Figure 34: Chinese Personal Accident and Health Insurance – Frauds and Crimes (CNY Billion), 2012–2017
Figure 35: Chinese Personal Accident and Health Insurance – Total Assets (CNY Billion), 2008–2012
Figure 36: Chinese Personal Accident and Health Insurance – Total Assets (CNY Billion), 2012–2017
Figure 37: Chinese Personal Accident and Health Insurance – Total Investment Income (CNY Billion), 2008–2012
Figure 38: Chinese Personal Accident and Health Insurance – Total Investment Income (CNY Billion), 2012–2017
Figure 39: Chinese Personal Accident and Health Insurance – Retentions (CNY Billion), 2008–2012
Figure 40: Chinese Personal Accident and Health Insurance – Retentions (CNY Billion), 2012–2017
Figure 41: Chinese Personal Accident and Health Insurance – Investment Portfolio (CNY Billion), 2008–2012
Figure 42: Chinese Personal Accident and Health Insurance – Investment Portfolio (Percentage Share), 2008 and 2012
Figure 43: Chinese Personal Accident and Health Insurance Penetration (%), 2008–2012
Figure 44: Chinese Personal Accident and Health Insurance – Number of Policies Sold (Million), 2008–2012
Figure 45: Chinese Personal Accident and Health Insurance – Number of Policies Sold (Million), 2012–2017
Figure 46: Chinese Personal Accident and Health Insurance – Premium Per Capita (CNY), 2008–2012
Figure 47: Chinese Personal Accident Insurance – Number of Policies Sold (Million), 2008–2012
Figure 48: Chinese Personal Accident Insurance – Number of Policies Sold (Million), 2012–2017
Figure 49: Chinese Personal Accident Insurance – Written Premium (CNY Billion), 2008–2012
Figure 50: Chinese Personal Accident Insurance – Written Premium (CNY Billion), 2012–2017
Figure 51: Chinese Personal Accident Insurance – Loss Ratio (%), 2008–2012
Figure 52: Chinese Personal Accident Insurance – Loss Ratio (%), 2012–2017
Figure 53: Chinese Travel Insurance – Number of Policies Sold (Million), 2008–2012
Figure 54: Chinese Travel Insurance – Number of Policies Sold (Million), 2012–2017
Figure 55: Chinese Travel Insurance – Written Premium (CNY Billion), 2008–2012
Figure 56: Chinese Travel Insurance – Written Premium (CNY Billion), 2012–2017
Figure 57: Chinese Travel Insurance – Loss Ratio (%), 2008–2012
Figure 58: Chinese Travel Insurance – Loss Ratio (%), 2012–2017
Figure 59: Chinese Non-Life Health Insurance – Number of Policies Sold (Million), 2008–2012
Figure 60: Chinese Non-Life Health Insurance – Number of Policies Sold (Million), 2012–2017
Figure 61: Chinese Non-Life Health Insurance – Written Premium (CNY Billion), 2008–2012
Figure 62: Chinese Non-Life Health Insurance – Written Premium (CNY Billion), 2012–2017
Figure 63: Chinese Non-Life Health Insurance – Loss Ratio (%), 2008–2012
Figure 64: Chinese Non-Life Health Insurance – Loss Ratio (%), 2012–2017
Figure 65: Chinese Personal Accident and Health Insurance – Written Premium by Distribution Channel (Percentage Share), 2012 and 2017
Figure 66: Chinese Personal Accident and Health Insurance – Direct Marketing Commission Paid (CNY Billion), 2008–2012
Figure 67: Chinese Personal Accident and Health Insurance – Direct Marketing Commission Paid (CNY Billion), 2012–2017
Figure 68: Chinese Personal Accident and Health Insurance – Written Premium Through Direct Marketing (CNY Billion), 2008–2012
Figure 69: Chinese Personal Accident and Health Insurance – Written Premium Through Direct Marketing (CNY Billion), 2012–2017
Figure 70: Chinese Personal Accident and Health Insurance – Policies Sold Through Direct Marketing (Million), 2008–2012
Figure 71: Chinese Personal Accident and Health Insurance – Policies Sold Through Direct Marketing (Million), 2012–2017
Figure 72: Chinese Personal Accident and Health Insurance – Number of Direct Marketing Distributors, 2008–2012
Figure 73: Chinese Personal Accident and Health Insurance – Number of Direct Marketing Distributors, 2012–2017
Figure 74: Chinese Personal Accident and Health Insurance – Bancassurance Commission Paid (CNY Billion), 2008–2012
Figure 75: Chinese Personal Accident and Health Insurance – Bancassurance Commission Paid (CNY Billion), 2012–2017
Figure 76: Chinese Personal Accident and Health Insurance – Written Premium Through Bancassurance (CNY Billion), 2008–2012
Figure 77: Chinese Personal Accident and Health Insurance – Written Premium Through Bancassurance (CNY Billion), 2012–2017
Figure 78: Chinese Personal Accident and Health Insurance – Policies Sold Through Bancassurance (Million), 2008–2012
Figure 79: Chinese Personal Accident and Health Insurance – Policies Sold Through Bancassurance (Million), 2012–2017
Figure 80: Chinese Personal Accident and Health Insurance – Number of Bancassurance Distributors, 2008–2012
Figure 81: Chinese Personal Accident and Health Insurance – Number of Bancassurance Distributors, 2012–2017
Figure 82: Chinese Personal Accident and Health Insurance – Commission Paid to Agencies (CNY Billion), 2008–2012
Figure 83: Chinese Personal Accident and Health Insurance – Commission Paid to Agencies (CNY Billion), 2012–2017
Figure 84: Chinese Personal Accident and Health Insurance – Written Premium Through Agencies (CNY Billion), 2008–2012
Figure 85: Chinese Personal Accident and Health Insurance – Written Premium Through Agencies (CNY Billion), 2012–2017
Figure 86: Chinese Personal Accident and Health Insurance – Policies Sold Through Agencies (Million), 2008–2012
Figure 87: Chinese Personal Accident and Health Insurance – Policies Sold Through Agencies (Million), 2012–2017
Figure 88: Chinese Personal Accident and Health Insurance – Number of Agencies, 2008–2012
Figure 89: Chinese Personal Accident and Health Insurance – Number of Agencies, 2012–2017
Figure 90: Chinese Personal Accident and Health Insurance – E-Commerce Commission Paid (CNY Billion), 2008–2012
Figure 91: Chinese Personal Accident and Health Insurance – E-Commerce Commission Paid (CNY Billion), 2012–2017
Figure 92: Chinese Personal Accident and Health Insurance – Written Premium Through E-Commerce (CNY Billion), 2008–2012
Figure 93: Chinese Personal Accident and Health Insurance – Written Premium Through E-Commerce (CNY Billion), 2012–2017
Figure 94: Chinese Personal Accident and Health Insurance – Policies Sold Through E-Commerce (Thousand), 2008–2012
Figure 95: Chinese Personal Accident and Health Insurance – Policies Sold Through E-Commerce (Thousand), 2012–2017
Figure 96: Chinese Personal Accident and Health Insurance – Number of E-Commerce Distributors, 2008–2012
Figure 97: Chinese Personal Accident and Health Insurance – Number of E-Commerce Distributors, 2012–2017
Figure 98: Chinese Personal Accident and Health Insurance – Commission Paid to Brokers (CNY Billion), 2008–2012
Figure 99: Chinese Personal Accident and Health Insurance – Commission Paid to Brokers (CNY Billion), 2012–2017
Figure 100: Chinese Personal Accident and Health Insurance – Written Premium Through Brokers (CNY Billion), 2008–2012
Figure 101: Chinese Personal Accident and Health Insurance – Written Premium Through Brokers (CNY Billion), 2012–2017
Figure 102: Chinese Personal Accident and Health Insurance – Policies Sold Through Brokers (Million), 2008–2012
Figure 103: Chinese Personal Accident and Health Insurance – Policies Sold Through Brokers (Million), 2012–2017
Figure 104: Chinese Personal Accident and Health Insurance – Number of Brokers, 2008–2012
Figure 105: Chinese Personal Accident and Health Insurance – Number of Brokers, 2012–2017
Figure 106: Chinese Personal Accident and Health Insurance – Commission Paid to Other Channels (CNY Billion), 2008–2012
Figure 107: Chinese Personal Accident and Health Insurance – Commission Paid to Other Channels (CNY Billion), 2012–2017
Figure 108: Chinese Personal Accident and Health Insurance – Written Premium Through Other Channels (CNY Billion), 2008–2012
Figure 109: Chinese Personal Accident and Health Insurance – Written Premium Through Other Channels (CNY Billion), 2012–2017
Figure 110: Chinese Personal Accident and Health Insurance – Policies Sold Through Other Channels (Million), 2008–2012
Figure 111: Chinese Personal Accident and Health Insurance – Policies Sold Through Other Channels (Million), 2012–2017
Figure 112: Chinese Personal Accident and Health Insurance – Number of Distributors in Other Channels, 2008–2012
Figure 113: Chinese Personal Accident and Health Insurance – Number of Distributors in Other Channels, 2012–2017
Figure 114: Chinese Personal Accident and Health Insurance Segment – Five Forces Analysis
Figure 115: Chinese Premium Ceded to Reinsurance by Category (CNY Billion), 2008–2017
Figure 116: Chinese Premium Ceded to Reinsurance by Category (%), 2012 and 2017
Figure 117: Chinese Reinsurance – Dynamics by Category, 2008–2017
Figure 118: Chinese Premium Ceded to Reinsurance by Type of Insurance (CNY Billion), 2008–2017
Figure 119: Chinese Reinsurance – Dynamics by Type of Insurance, 2008–2017
Figure 120: Chinese Personal Accident and Health Insurance – Percentage of Reinsurance Ceded (%), 2008–2012
Figure 121: Chinese Personal Accident and Health Insurance – Percentage of Reinsurance Ceded (%), 2012–2017
Figure 122: Snapshot of China Insurance Regulatory Framework
Figure 123: Evolution of Insurance Law in China
Figure 124: Key Changes in the Chinese Insurance Industry with the Insurance Law Amendments
Figure 125: Insurance Supervision and Control at Various Levels
Figure 126: Insurance Regulatory Frameworks for Company Registration and Operation
Figure 127: Snapshot of China Insurance Regulatory Framework
Figure 128: Chinese Stock Exchange Market Capitalization (US$ Billion), 2008–2012
Figure 129: Chinese Net Foreign Direct Investment (US$ Billion), 2007–2011
Figure 130: Chinese GDP at Constant Prices (US$ Billion), 2008–2012
Figure 131: Chinese GDP Per Capita at Constant Prices (US$), 2008–2012
Figure 132: Chinese GDP at Current Prices (US$ Billion), 2008–2012
Figure 133: Chinese GDP Per Capita at Current Prices (US$), 2008–2012
Figure 134: Chinese Agriculture, Hunting, Forestry and Fishing Net Output at Current Prices (US$ Billion), 2007–2010
Figure 135: Chinese Agriculture, Hunting, Forestry and Fishing Net Output at Current Prices as a Percentage of GDP (%), 2007–2010
Figure 136: Chinese Manufacturing Net Output at Current Prices (US$ Billion), 2007–2010
Figure 137: Chinese Manufacturing Net Output at Current Prices as a Percentage of GDP (%), 2007–2010
Figure 138: Chinese Mining, Manufacturing and Utilities Net Output at Current Prices (US$ Billion), 2007–2010
Figure 139: Chinese Mining, Manufacturing and Utilities Net Output at Current Prices as a Percentage of GDP (%), 2007–2010
Figure 140: Chinese Construction Net Output at Current Prices (US$ Billion), 2007–2010
Figure 141: Chinese Construction Net Output at Current Prices as a Percentage of GDP (%), 2007–2010
Figure 142: Chinese Inflation Rate (%), 2008–2012
Figure 143: Chinese Current Account Balance as a Percentage of GDP (%), 2007–2011
Figure 144: Chinese Exports as a Percentage of GDP (%), 2007–2011
Figure 145: Chinese Imports as a Percentage of GDP (%), 2007–2011
Figure 146: Chinese Exports Growth (%), 2007–2011
Figure 147: Chinese Imports Growth (%), 2007–2011
Figure 148: Chinese External Debt as a Percentage of GDP (%), 2007–2010
Figure 149: Chinese Commercial Vehicles Exports – Total Value (US$ Million), 2007–2011
Figure 150: Chinese


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Personal Accident and Health Insurance in China, Key Trends and Opportunities to 2017
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