Reinsurance in China, Key Trends and Opportunities to 2017 - New Study Released
The Chinese reinsurance segment grew at a review-period CAGR of 16%. In 2012, the treaty reinsurance category accounted for 75.5% of the reinsurance segment. China Re continued to dominate the segment with a 63.0% share in 2012. The CIRC's 12th five-year plan included the formation of a national natural disaster risk-transfer program, plus improved loss models and data, which will lead to growth in demand for catastrophe insurance and reinsurance.
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