China Life Insurance Market Summary, Competitive Analysis and Forecast to 2027
China Life Insurance Market @Summary, Competitive Analysis and Forecast to 2027
SUMMARY
Life Insurance in China industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
KEY HIGHLIGHTS
SUMMARY
Life Insurance in China industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
KEY HIGHLIGHTS
- The value of the life insurance market is shown in terms of gross premium incomes from mortality protection and retirement savings plans.
- The Chinese life insurance market had total gross written premiums of $386.9 billion in 2022, representing a compound annual growth rate (CAGR) of 3.1% between 2017 and 2022.
- The Life Insurance segment accounted for market's the largest proportion in 2022, with total gross written premiums of $359.0 billion, equivalent to 92.8% of the market's overall value.
- The Pension/Annuity segment contributed gross written premiums of $27.9 billion in 2022, equating to 7.2% of the market's aggregate value.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the life insurance market in China
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the life insurance market in China
- Leading company profiles reveal details of key life insurance market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the China life insurance market with five year forecasts by both value and volume
- What was the size of the China life insurance market by value in 2022?
- What will be the size of the China life insurance market in 2027?
- What factors are affecting the strength of competition in the China life insurance market?
- How has the market performed over the last five years?
- What are the main segments that make up China's life insurance market?
1 EXECUTIVE SUMMARY
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market share
1.6. Market rivalry
1.7. Competitive landscape
2 MARKET OVERVIEW
2.1. Market definition
2.2. Market analysis
3 MARKET DATA
3.1. Market value
4 MARKET SEGMENTATION
4.1. Category segmentation
4.2. Geography segmentation
5 MARKET OUTLOOK
5.1. Market value forecast
6 FIVE FORCES ANALYSIS
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 COMPETITIVE LANDSCAPE
7.1. Market share
7.2. Who are the leading players?
7.3. What strategies do leading players follow?
7.4. What has been the rationale behind recent M&A activity?
7.5. Are any leading players currently facing problems?
8 COMPANY PROFILES
8.1. China Life Insurance Co Ltd
8.2. China Pacific Insurance (Group) Co Ltd
8.3. Ping An Insurance (Group) Company of China, Ltd.
8.4. Huaxia Life Insurance Co Ltd
9 MACROECONOMIC INDICATORS
9.1. Country data
10 APPENDIX
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market share
1.6. Market rivalry
1.7. Competitive landscape
2 MARKET OVERVIEW
2.1. Market definition
2.2. Market analysis
3 MARKET DATA
3.1. Market value
4 MARKET SEGMENTATION
4.1. Category segmentation
4.2. Geography segmentation
5 MARKET OUTLOOK
5.1. Market value forecast
6 FIVE FORCES ANALYSIS
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 COMPETITIVE LANDSCAPE
7.1. Market share
7.2. Who are the leading players?
7.3. What strategies do leading players follow?
7.4. What has been the rationale behind recent M&A activity?
7.5. Are any leading players currently facing problems?
8 COMPANY PROFILES
8.1. China Life Insurance Co Ltd
8.2. China Pacific Insurance (Group) Co Ltd
8.3. Ping An Insurance (Group) Company of China, Ltd.
8.4. Huaxia Life Insurance Co Ltd
9 MACROECONOMIC INDICATORS
9.1. Country data
10 APPENDIX
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
LIST OF TABLES
Table 1: China life insurance market value: $ billion, 2017-22(e)
Table 2: China life insurance market category segmentation: % share, by value, 2017–2022(e)
Table 3: China life insurance market category segmentation: $ billion, 2017-2022
Table 4: China life insurance market geography segmentation: $ billion, 2022(e)
Table 5: China life insurance market value forecast: $ billion, 2022-27
Table 6: China life insurance market share: % share, by value, 2022(e)
Table 7: China Life Insurance Co Ltd: key facts
Table 8: China Life Insurance Co Ltd: Key Employees
Table 9: China Life Insurance Co Ltd: Key Employees Continued
Table 10: China Pacific Insurance (Group) Co Ltd: key facts
Table 11: China Pacific Insurance (Group) Co Ltd: Annual Financial Ratios
Table 12: China Pacific Insurance (Group) Co Ltd: Key Employees
Table 13: China Pacific Insurance (Group) Co Ltd: Key Employees Continued
Table 14: Ping An Insurance (Group) Company of China, Ltd.: key facts
Table 15: Ping An Insurance (Group) Company of China, Ltd.: Annual Financial Ratios
Table 16: Ping An Insurance (Group) Company of China, Ltd.: Key Employees
Table 17: Ping An Insurance (Group) Company of China, Ltd.: Key Employees Continued
Table 18: Huaxia Life Insurance Co Ltd: key facts
Table 19: Huaxia Life Insurance Co Ltd: Key Employees
Table 20: China size of population (million), 2018–22
Table 21: China gdp (constant 2005 prices, $ billion), 2018–22
Table 22: China gdp (current prices, $ billion), 2018–22
Table 23: China inflation, 2018–22
Table 24: China consumer price index (absolute), 2018–22
Table 25: China exchange rate, 2016–20
Table 1: China life insurance market value: $ billion, 2017-22(e)
Table 2: China life insurance market category segmentation: % share, by value, 2017–2022(e)
Table 3: China life insurance market category segmentation: $ billion, 2017-2022
Table 4: China life insurance market geography segmentation: $ billion, 2022(e)
Table 5: China life insurance market value forecast: $ billion, 2022-27
Table 6: China life insurance market share: % share, by value, 2022(e)
Table 7: China Life Insurance Co Ltd: key facts
Table 8: China Life Insurance Co Ltd: Key Employees
Table 9: China Life Insurance Co Ltd: Key Employees Continued
Table 10: China Pacific Insurance (Group) Co Ltd: key facts
Table 11: China Pacific Insurance (Group) Co Ltd: Annual Financial Ratios
Table 12: China Pacific Insurance (Group) Co Ltd: Key Employees
Table 13: China Pacific Insurance (Group) Co Ltd: Key Employees Continued
Table 14: Ping An Insurance (Group) Company of China, Ltd.: key facts
Table 15: Ping An Insurance (Group) Company of China, Ltd.: Annual Financial Ratios
Table 16: Ping An Insurance (Group) Company of China, Ltd.: Key Employees
Table 17: Ping An Insurance (Group) Company of China, Ltd.: Key Employees Continued
Table 18: Huaxia Life Insurance Co Ltd: key facts
Table 19: Huaxia Life Insurance Co Ltd: Key Employees
Table 20: China size of population (million), 2018–22
Table 21: China gdp (constant 2005 prices, $ billion), 2018–22
Table 22: China gdp (current prices, $ billion), 2018–22
Table 23: China inflation, 2018–22
Table 24: China consumer price index (absolute), 2018–22
Table 25: China exchange rate, 2016–20
LIST OF FIGURES
Figure 1: China life insurance market value: $ billion, 2017-22(e)
Figure 2: China life insurance market category segmentation: $ billion, 2017-2022
Figure 3: China life insurance market geography segmentation: % share, by value, 2022(e)
Figure 4: China life insurance market value forecast: $ billion, 2022-27
Figure 5: Forces driving competition in the life insurance market in China, 2022
Figure 6: Drivers of buyer power in the life insurance market in China, 2022
Figure 7: Drivers of supplier power in the life insurance market in China, 2022
Figure 8: Factors influencing the likelihood of new entrants in the life insurance market in China, 2022
Figure 9: Factors influencing the threat of substitutes in the life insurance market in China, 2022
Figure 10: Drivers of degree of rivalry in the life insurance market in China, 2022
Figure 11: China life insurance market share: % share, by value, 2022(e)
Figure 1: China life insurance market value: $ billion, 2017-22(e)
Figure 2: China life insurance market category segmentation: $ billion, 2017-2022
Figure 3: China life insurance market geography segmentation: % share, by value, 2022(e)
Figure 4: China life insurance market value forecast: $ billion, 2022-27
Figure 5: Forces driving competition in the life insurance market in China, 2022
Figure 6: Drivers of buyer power in the life insurance market in China, 2022
Figure 7: Drivers of supplier power in the life insurance market in China, 2022
Figure 8: Factors influencing the likelihood of new entrants in the life insurance market in China, 2022
Figure 9: Factors influencing the threat of substitutes in the life insurance market in China, 2022
Figure 10: Drivers of degree of rivalry in the life insurance market in China, 2022
Figure 11: China life insurance market share: % share, by value, 2022(e)
