China's insurance industry experience steady development over the past few decades. According to the estimation by China Insurance Regulatory Commission (CIRC), total domestic premiums exceeded RMB 1 trillion in 2010, six times than that in the 2000. Several major local insurance companies successfully launched their IPO planning in domestic or overseas markets. More than 40 foreign insurance companies operate and participate in the competition in the mainland market. Chinese insurance market has shown enormous growth potential in terms of insurance density and insurance penetration despite the small industrial size.
Deloitte Consulting is confident for the future development of China's insurance industry. As a leader in providing professional services to the insurance industry, we work with clients to solve a series of key issues arising from globalization, technological advances, regulatory changes, competition and changing customer demands. We combine deep industry understanding with the technical expertise, and provide high-quality services to meet clients' demand. In China, we serve the largest, most well-known companies of insurance industry.
As the world's second largest actuarial insurance consulting firm, we provide services for 18 of the world's 20 largest insurance companies, and we are also the largest and oldest team in terms of team scale and history. Deloitte Consulting has separate life insurance, property and casualty insurance and pension consulting services team with many experts, providing a full range of actuarial and insurance consulting services. Our product design and modeling service experience is at advanced level, and the Prophet which is the actuarial software widely used in Asia is owned by us.
Deloitte Consulting offers various service in Insurance:
| Alvin Ng Lead Partner Financial service industry strategy and operation service |
James Wang Partner Financial service industry strategy and operation service |
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| Clients & Markets Service E-mail: cndcmarketing@deloitte.com.cn Hotline: + 86 (21) 6141 2255 |
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