Gross life insurance reserves reached 664 USD bil in 2012 in China, according to the National Central Bank / OECD. This is 19.3 % more than in the previous year.
Historically, gross life insurance reserves in China reached an all time high of 664 USD bil in 2012 and an all time low of 462 USD bil in 2010. When compared to China's main peers, gross life insurance reserves in Japan amounted to 2,109 USD bil and 1,510 USD bil in USA in 2012.
China has been ranked 6th within the group of 51 countries we follow in terms of gross life insurance reserves.
Life insurance reserves are a stated amount of liquid assets that an insurer must have on hand that will satisfy all claims from in-force insurance policies and other outstanding liabilities.