A.M. Best's Special Report on China's non-life and life insurance industry dated October 8, 2012 (Report) concluded that China's "insurance market is in a state of transition: after a period of rapid expansion, the market must now adjust for sustainable and healthy growth".

According to the Report, the recent developments and reforms in the insurance industry are “paving the way for more sophisticated underwriting practices and offsetting market issues brought on by the previous fast expansion. At the same time, regulatory requirements, business growth, competition, and enhancements to operational, underwriting and distribution systems are all driving the continuing demand to increase capital.”A copy of the full Report can be found here.