Premium revenue of liability insurance in China 2015-2020

Published by
Daniel Slotta,
Oct 24, 2023
The premium revenue of liability insurance in China in 2020 amounted to 90 billion yuan. As a result of COVID-19, the growth rate of premiums decreased to around 20 percent in the same year. Liability insurance protects the policyholder from third-party claims.

Revenue from liability insurance premiums in China from 2015 to 2020 (in billion yuan)

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Release date

August 2021

Region

China

Survey time period

2015 to 2020

Supplementary notes

One yuan equals 0.15 U.S. dollars and 0.13 euros (as of September 2021)

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