News China07 Feb 2025

China's insurance industry premiums reach CNY5.7tn in 2024, up 11.15% YoY

07 Feb 2025

China's insurance industry maintained strong growth in 2024, with total original insurance premium income reaching approximately CNY5.7tn($798bn), marking an 11.15% year-on-year increase, 2.01 percentage points higher than in 2023. This also marks the third consecutive year of growth in original insurance premium income since the industry's deep transformation.

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