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Analysis of Life Insurance Market in Northwest Ethnic Regions in China

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  • Jianshen Zhang

Abstract

The expansion of the life insurance market in northwest ethnic regions is not only an essential part to promote steady and rapid development of China's insurance industry and build the harmonious society, but also the cornerstone of all nationalities¡¯ progress and prosperity. In recent years, the economic growth of northwest ethnic regions provides a rich potential for the life insurance market and promote the further development of the life insurance industry at the same time. In this paper, the author uses the depth of life insurance and life insurance density to analyze the life insurance market status of northwest ethnic regions with selected four provinces. The conclusions show that the life insurance market in northwest ethnic regions is still with great market potential.

Suggested Citation

  • Jianshen Zhang, 2014. "Analysis of Life Insurance Market in Northwest Ethnic Regions in China," Journal of Management and Strategy, Journal of Management and Strategy, Sciedu Press, vol. 5(3), pages 45-50, August.
  • Handle: RePEc:jfr:jms111:v:5:y:2014:i:3:p:45-50
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    References listed on IDEAS

    as
    1. Menahem E. Yaari, 1965. "Uncertain Lifetime, Life Insurance, and the Theory of the Consumer," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 32(2), pages 137-150.
    2. Hakansson, Nils H, 1969. "Optimal Investment and Consumption Strategies under Risk, an Uncertain Lifetime, and Insurance," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 10(3), pages 443-466, October.
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