China Life Insurance Market Report, 2007 Is Out Now

DUBLIN, Ireland--(Business Wire)--
Research and Markets
(http://www.researchandmarkets.com/reports/c89216), has announced the
addition of "China Life Insurance Market Report, 2007" to their
offering.

In China, up to 2005, 47 foreign insurance organizations from 15
countries and regions had established 121 operation organizations, and
135 foreign insurance organizations had set up nearly 200 offices. The
premium revenue of domestic insurance companies has increased 9%
y-o-y, while that of foreign funded insurance companies has increased
248.45% y-o-y in the past five years. The market shares of foreign
life insurance companies amounted for 51.86%, 19.79% and 12.24% in
Beijing, Shanghai and Guangdong respectively. The market share of
foreign insurance companies had amounted to 5.6% in Nov., 2006; in
addition, the premium revenue of AIA and Cenerali amounted to RMB 6.2
billion and RMB 4.6 billion separately, ranking the 7th and 8th
largest life insurance companies in China.

According to the statistics of China Insurance Regulatory
Commission, the insurance industry has maintained fast and healthy
development momentum since 2006, and in the first 11 months of 2006,
the premium revenue all over China had broken RMB 500 billion, in
which the premium revenue of life insurance was RMB 379.8 billion,
making a big contribution. While in the aspect of indemnity and
paid-off, in the first 11 months of 2006, the total indemnity and
paid-off of accident insurance, health insurance and life insurance
amounted to more than RMB 56.3 billion, steadily increasing compared
to the statistics in October.

In 2006, the first administrative measures on Health Insurance and
the definition of Critical Illness standard were issued, influencing
the standardization and professional processes of life insurance
industry.

Contents:

1 China Life Insurance Industry Development, 2006-2007

2 China Life Insurance Market, 2006-2007

3 China Life Insurance Market by Type, 2006-2007

4 Key Regional Life Insurance Markets in China, 2006

5 Demand of China Life Insurance Industry

6 Marketing of China Life Insurance Industry

7 Sales Channel Innovations and Sustainable Development of Life
Insurance Industry

8 Competition Pattern of China Life Insurance Industry, 2006-2007

9 Risk of China Life Insurance Industry

10 Investment of China Life Insurance Industry

For more information visit
here

Research and Markets
Laura Wood, Senior Manager
Fax: +353 1 4100 980
press@researchandmarkets.com

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