As of the end of 2022, the payouts from personal accident insurance amounted to around 34 billion yuan in China. Along with economic development, the country's insurance sector grew as well. Within the past years, the industry had undergone significant changes.
Pay off expenses of personal accident insurance companies in China from 2014 to 2022
(in billion yuan)
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Expenditure in billion yuan
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China Banking and Insurance Regulatory Commission. (January 28, 2023). Pay off expenses of personal accident insurance companies in China from 2014 to 2022 (in billion yuan) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1241563/china-personal-accident-insurance-pay-off-expenditure/
China Banking and Insurance Regulatory Commission. "Pay off expenses of personal accident insurance companies in China from 2014 to 2022 (in billion yuan)." Chart. January 28, 2023. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1241563/china-personal-accident-insurance-pay-off-expenditure/
China Banking and Insurance Regulatory Commission. (2023). Pay off expenses of personal accident insurance companies in China from 2014 to 2022 (in billion yuan). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1241563/china-personal-accident-insurance-pay-off-expenditure/
China Banking and Insurance Regulatory Commission. "Pay off Expenses of Personal Accident Insurance Companies in China from 2014 to 2022 (in Billion Yuan)." Statista, Statista Inc., 28 Jan 2023, https://www.statista.com/statistics/1241563/china-personal-accident-insurance-pay-off-expenditure/
China Banking and Insurance Regulatory Commission, Pay off expenses of personal accident insurance companies in China from 2014 to 2022 (in billion yuan) Statista, https://www.statista.com/statistics/1241563/china-personal-accident-insurance-pay-off-expenditure/ (last visited July 22, 2024)
Pay off expenses of personal accident insurance companies in China from 2014 to 2022 (in billion yuan) [Graph], China Banking and Insurance Regulatory Commission, January 28, 2023. [Online]. Available: https://www.statista.com/statistics/1241563/china-personal-accident-insurance-pay-off-expenditure/