Market Share of China Motor Insurance Industry
The Chinese motor insurance market is highly competitive, with major international players. The Chinese motor insurance market presents opportunities for growth during the forecast period, which is expected to drive market competition further. However, the recently reformed government policies welcoming foreign players into the country with 100% ownership might increase the competitiveness among the major players as many global giant insurers are already in the race to capture potential market share in the country. Some of the major players in the market include PICC, Ping An, China Pacific, China Taiping, and China Continent Insurance, among others.
China Motor Insurance Market Leaders
PICC
Ping An
China Pacific
China Taiping
China Continent Insurance
*Disclaimer: Major Players sorted in no particular order
