China Reinsurance Market expected to show steady growth by 2020

Zion Research has published a new report titled “Reinsurance Market in China (Life and Non-life) by Premium Category (Treaty Reinsurance and Facultative Reinsurance): Industry Perspective, Comprehensive Analysis and Forecast 2013 – 2018.” According to the report, the China reinsurance market was valued at around USD 35.0 billion in 2013 and is expected to reach at approximately USD 198 billion by 2020, growing at CAGR of slightly above 40% from 2014 to 2018. Reinsurance is process, wherein multiple companies purchase insurance

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