China

Introduction: 

An emerging middle class, rapid urbanization and an aging population will drive growth in the coming years.

In August 2013, the removal of the 2.5% interest rate cap on standard life products is expected to encourage innovation and product development in the life insurance segment.

The existence of  tax-deferred pension schemes and the variable annuity products are expected to spur demand for insurance

A low  (2%) penetration  rate offers opportunity for further expansion.

Network members

Request country information

If you are looking for information on benefits provided in this country, please fill out the below form.

Please list more country names in the field above if your are interested in country specific information for other countries.