LONDON--(BUSINESS WIRE)-- Coupled with the development of China's insurance sector, the insurance brokers and adjusters industry has seen a rapid expansion over the last five years. Going forward, revenue for the industry is predicted to increase by an annualized 12.5%, reaching USD 18.0 billion by 2012. Meanwhile, industry entry barriers for professional intermediaries have increased since the China Insurance Regulatory Commission issued the three regulatory rules on professional agencies, insurance brokerages and insurance assessment institutions. According to the new rules, registered capital for professional intermediaries was increased significantly.
Due to the rapid development of this industry and slow increase of insurance professionals in China, there is a shortage of professionals and senior management in this industry.
New market research report “Insurance Brokers & Adjusters in China” elaborated by IBISWorld provides true and unbiased insights into China’s insurance brokers and adjusters industry, covering its scope, size, disposition and growth including the key sensitivities and success factors. Furthermore, the study is supplemented with elaborate five-year forecasts illustrating the industry’s future development path, as well as profiles of the leading companies along with their market shares.
Top companied discussed include: CNinsure Inc.; Chang'an Insurance Brokers Co., Ltd.; Shenzhen Mintaian Insurance Surveyors & Loss Adjusters Co., Ltd.; Shenzhen Huakang Insurance Agency Co., Ltd.; and Union Insurance Broker Co., Ltd.
Title: Insurance Brokers & Adjusters in China
Published: July, 2012
Price US$ 910.00
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More new market research reports by IBISWorld can be found at http://marketpublishers.com/members/ibisworld/info.html