As the Olympics kicks off in China on 'lucky day' 08/08/08, bet you didn't stop to think about life insurance in that vast country... considering life insurance in China is still in its infancy.
Some numbers to ponder...
300 : The number of times you can fit the population of NZ into China
132 : The number of life insurance policies in China for each policy in NZ
300% : How much faster the Chinese life insurance market is growing relative to NZ
90 : The number of insurance brokers in China for each broker in NZ and still growing like topsy
0 : Number of instant life insurance websites in China
- 1.3% : Life insurance premiums in NZ as a % of premiums in China
- 0.7% : The above ratio when the 2012 Olympics comes around if life insurance in China keeps growing at the current rate.
...so we’ll beat them in rowing...