Emerging Market and Investment Opportunities in the Chinese Motor Insurance Industry to 2016 Bharatbook from its exhaustive collection has come out with a report " Emerging Market and Investment Opportunities in the Chinese Motor Insurance Industry to 2016 " which gives an overview, Demand, Supply Trends and industry analysis reports. The report provides top-level market analysis, information and insights into the Chinese motor insurance industry, including: • Current, historic and forecast values for the Chinese motor insurance industry • Comprehensive, country-specific analysis of the industry’s market attractiveness, covering key trends and drivers, plus benchmarking with other key markets • Detailed analysis of the business and operations strategy used by various motor insurers in the market, including marketing strategy and social media strategy • Detailed analysis of the challenges affecting the Chinese motor insurance industry • Company profiles of the major insurers in the Chinese motor insurance market http://www.bharatbook.com/market-research-reports/insurance-market-researchreport/emerging-market-and-investment-opportunities-in-the-chinese-motor-insuranceindustry-to-2016.html Summary China's insurance industry has evolved rapidly since 2005, nowhere more so than in the motor insurance category. Large profits and considerable growth have followed the introduction of compulsory motor third-party liability insurance (MTPL), and an exponential rise in new car sales. This favorable situation has attracted many domestic and international companies to enter the Chinese motor insurance market. Industry Report During 2011, the Chinese motor insurance industry represented 71.8% of the country's non-life insurance market. Market growth, coupled with the motor insurance category’s dominance of the non-life segment are attributable to the introduction of compulsory MTPL as of July 1, 2006, and the significant increase in car ownership that recently saw China overtake the US as the largest new vehicle market in the world. During the review period (2007–2011), rising levels of personal wealth led to an average annual increase of 25% in the number of privately owned vehicles and a situation whereby the Chinese motor insurance industry grew at a CAGR of 25.65% during the review period. Scope This report provides a comprehensive analysis of the motor insurance industry in China: • It provides historical values for the Chinese motor insurance industry for the report’s 2007–2011 review period and forecast figures for the 2012–2016 forecast period • It offers a detailed analysis of the key markets in the Chinese motor insurance industry, along with market forecasts until 2016 • It details the different macroeconomic factors affecting the motor insurance industry in China
Emerging Market and Investment Opportunities in the Chinese Motor Insurance Industry to 2016
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