Pesquisa de referências

The Chinese insurance market : estimating its long-term growth and size

Recurso electrónico / electronic resource
Registro MARC
Tag12Valor
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040  ‎$a‎MAP‎$b‎spa‎$d‎MAP
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100  ‎$0‎MAPA20080644581‎$a‎Zheng, Wei
24514‎$a‎The Chinese insurance market‎$b‎ : estimating its long-term growth and size‎$c‎Wei Zheng, Yongdong Liu and Gerry Dickinson
520  ‎$a‎The mid-term and long-term growth potential of China's insurance industry is a subject of significant interest to governments, business and academia. In this paper, the ''worldinsurance growth curve'' is used in conjunction with estimates of China's future GDP growth to estimate the growth and size of China's insurance industry for the period 2006-2020. There are clearly other factors - social, political, cultural, demographic and market structure - that also have an impact, but other empirical studies have shown that the key factor in the long term is growth and development of the overall economy. Assuming that China's GDP grows over that period at a rate of 6-9 percent per year, we conclude that the possible range of China's insurance industry growth rate would be 7.7-17.9 percent, with a more likely range of 9.8-14.8 percent. In the median scenario, the average annual real growth rate for China's insurance industry during the period 2006-2020 would be 12.3 percent. Thus, by the year 2020, the size of China's insurance market would be 5.7 times of that of 2005, and the overall insurance penetration would be 5.6 percent, with 4 percent for life insurance and 1.6 percent for non-life insurance. The growth rate of China's insurance industry during the period 2006-2020 would be almost double the world average and by 2020, China's share of the world insurance market would be about 4.0 percent
650 1‎$0‎MAPA20080586294‎$a‎Mercado de seguros
650 1‎$0‎MAPA20080591922‎$a‎Mercados emergentes
650 1‎$0‎MAPA20080605100‎$a‎Comercio internacional
651 1‎$0‎MAPA20080644178‎$a‎China
7001 ‎$0‎MAPA20080644598‎$a‎Yongdong, Liu
7001 ‎$0‎MAPA20080160654‎$a‎Dickinson, Gerry
7730 ‎$w‎MAP20077100215‎$t‎Geneva papers on risk and insurance : issues and practice‎$d‎Geneva : The Geneva Association, 1976-‎$x‎1018-5895‎$g‎01/07/2008 Tomo 33 Número 3 - 2008, p. 489-506