This site uses cookies to provide you with a more responsive and personalised service. By using this site you agree to our use of cookies. Please read our cookie notice for more information on the cookies we use and how to delete or block them.

Bookmark Email Print page

Insurance

China's insurance industry has been developing steadily over the past few decades.  Currently several local insurance companies were successfully launched in the domestic and foreign IPO markets and more than 40 foreign insurance companies are operating and competing with them in Chinese mainland market. However, the domestic insurance industry is still small, which also means that the Chinese insurance market has huge potential for growth.

Insurance industry is a major service industries at Deloitte Consulting:

  • Massive global insurance customer base: Globally, our clients include 18 of the world's 20 largest insurance companies, and more than 50% of the 100 largest insurance companies in the United States. In Mainland China, we provide comprehensive services for many insurance groups, including life insurance, property and casualty insurance, reinsurance companies.

  • Experienced consulting team: Globally, Deloitte has more than 3,000 Insurance professionals, including 450 actuaries. In Mainland China, there are more than 1,000 Deloitte management consultants, with over 200 people focusing on the financial sector (including the insurance industry).

  • A deep understanding of the insurance industry: Every year, Deloitte conducts research on the market trends of the insurance industry and publishes numerous white papers and research reports, and is recognised as a leader of innovative thinking in the global insurance industry. In 2013, Deloitte published two white-papers –  the "2013 China Top Ten Insurance Industry Trends and Prospects" and “Innovation, Transformation and Achievements of the Future - the Development of the Domestic Banking Insurance Business of the Road", both have been highly recognized within the industry.

As the world's second-largest insurer actuarial consulting firm, we provide services for 18 of the world's 20 largest insurance companies, with those in the Greater China and Southeast Asia being the oldest and largest in size. Deloitte has a separate team of experts focusing on life insurance, property and casualty insurance and pension consulting services, providing a full range of actuarial and insurance consulting services. Equipped with Prophet, an actuarial software widely used in Asia, our experiences in  product design and modeling services is among the top in Asia.

Among Deloitte Consulting’s insurance industry solutions, Strategy & Operations plays a major role offering solutions in the following four areas:

  • Enterprise strategic planning
  • Operation management  improvement
  • Banking model transformation
  • Marketing system optimization

Contact us

Alvin Ng
Lead Partner
Financial service industry strategy and operation service
James Wang
Partner
Financial service industry strategy and operation service
Clients & Markets Service
E-mail: cndcmarketing@deloitte.com.cn
Hotline: + 86 (21) 6141 2255
Share your comments

 

Stay connected