Released on = September 27, 2006, 4:05 am

Press Release Author = RNCOS

Industry = Industrial

Press Release Summary = Foreign insurers have a consistent share in insurance market
in China’s Guangzhou and Shanghai cities.

Press Release Body = Foreign insurers have observed stable growth in the China
insurance sector and enjoy an average share of 6% throughout China’s insurance
market. Competition is fair in the insurance market in China and both domestic as
well as foreign insurers are thriving together. Healthy competition between domestic
and foreign players will surely help boost the insurance sector in China.

At present, there’re more than forty overseas insurance companies operating in
this sector. These companies are equipped with advanced methods of management, and
will contribute largely to the strong growth of the insurance sector in China.

With the government of China authorizing insurers for investing in projects for
urban development, new channels have opened up for the growth of investment in the
country. Consequently, new regulations need to be issued for preventing risks
associated with it. CIRC, which is Chinese insurance market’s supervisory
body, needs to make supervision system of China better to make sure that the market
is consistent and able for further expansion.

In its recently published market research report, “China Insurance Sector
Analysis (2006)”, RNCOS has provided a comprehensive analysis of every aspect
of China Insurance Sector.

According to this report, “At the time of China entering the WTO, foreign
insurance companies could only find their way in Guangzhou, Shanghai, Dalian,
Foshan, and Shenzhen. Within 2-years of admittance, China opened its Chengdu,
Beijing and other smaller but developed cities for foreign insurers. And, by the
third anniversary (Dec ’04) of China joining WTO regional limitations were
also lifted to allow foreign insurers to operate in the entire country”.

RNCOS research report addresses the following issues and facts:

- Emerging trends and latest technologies in the Chinese Insurance Sector.
- Future prospect of the Insurance market in China.
- Key players in this sector.
- Key Strategies for market players.
- Opportunities and Challenges before the Chinese insurance industry.
- Factors affecting the economy of the country.
- Tactic for the growth of insurance sector in China.

The report is intended for

- Decision-makers having interest in the insurance industry in China.
- Investors, researchers, consultants and individuals keen on investing in the China
insurance market.

About RNCOS:

RNCOS, incorporated in 2002, provides Market Research Reports for your business
needs and aims to put an end to your information pursuit. Our expertise in gathering
global business information for industry research, corporate training, growth
consulting, and business consulting, brings reputed companies and firms to us for
business enhancement solutions. We can be your one-stop-shop for Industry research
information and niche market analysis.

To purchase your copy: http://www.rncos.com/Report/IM069.htm
For more information about the report please visit www.rncos.com


Web Site = http://www.rncos.com

Contact Details = RNCOS
Shushmul Maheshwari
Head of Business Development
29, 1st Floor, Patparganj Industrial Area, Delhi 92
91-11-4214-1229
info@rncos.com