China Insurance Market Outlook to 2016 - Driven By Automobile Insurance Market

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CHINA INSURANCE INDUSTRY

CHINA INSURANCE MARKET SIZE BY DIRECT WRITTEN PREMIUM, 2005-2012

The Chinese insurance industry has seen rapid expansion during 2005-2012 and will continue to see high growth rates in the next few years. The insurance market in the country has witnessed a compound annual growth rate of ~% in the last seven years and has recorded direct written premium of USD ~ million in 2012…

Figure: China Insurance Market Size on the Basis of Direct Written Premium in USD Million, 2005-2012 3,00,000.0

USD Million

2,50,000.0 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

Note:Life Insurance is in Premium Income Non-Life Insurance is in Premium Income

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