China Insurance Sector Report 2024 Q4

In recent years, China has been opening its financial services market to global investors and gradually easing access restrictions on foreign financial institutions. Insurance is at the forefront of the country's financial market opening. Since 2019, China has accelerated the pace of lifting market entry limitations to encourage foreign capital. In January 2024, the National Financial Regulation Administration (NFRA) removed foreign ownership restrictions on insurance institutions, allowing foreign entities to hold 100% ownership. Meanwhile, wholly foreign-owned insurance asset management companies also received approval to commence operations in China, as the NFRA stated.

This report provides a complete and detailed analysis of the "Banking and insurance" sector for China. EMIS Insights presents in-depth business intelligence in a standard format across countries and regions, providing a balanced mix between analysis and data.

What this report allows you to do:

• Understand the key elements at play in the "Banking and insurance" sector in China
• Crystallise the forces both driving and restraining this sector in China
• Ascertain China’s position in the global sector
• Build a complete perspective on sector trade, investment and employment
• Understand the competitive landscape and who the major players are
• View M&A activity and major deals
• Gain an understanding of the regulatory environment for the sector in China.
• Build a clear picture of trends, output and consumption for specific sub-sectors