China Insurance Report Q1 2018 : providing expert analysis, independent forecasts and competitive intelligence on the insurance industry : includes 5-year forecasts to 2021

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      <subfield code="a">As of late 2017, China's insurance sector remains one of the few globally that combines (massive) economies of scale with the clear potential for strong growth. In both of the major segments, growth is being boosted by innovation by enormous organisations that have access to the capital that they need, as well as control over multiple distribution channels. In the life segment, growth is underpinned by the demographics of China (with increasing numbers of people needing retirement income solutions) as well as by the high savings rate. In the non-life segment, premiums are rising from a low base in an economy that is still expanding quite rapidly by most standards.</subfield>
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