What's Next for China's Personal Insurance Market

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      <subfield code="a">What's Next for China's Personal Insurance Market</subfield>
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      <subfield code="a">China's insurance market has reached an inflection point. Given the country's aging population, its heightened interest in health and wellness in the wake of the COVID-19 pandemic, and a prevailing low interest rate environment, China's personal insurance sector is poised for a growth spurt of 5% to 10% by 2035. The potential for growth is underpinned by the expansion of a relatively untapped market for pension and health insurance. We estimate that, by 2035, these product lines will account for around 50% of China's personal insurance market</subfield>
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