As of mid-2022, online non-car insurance generated a premium income of nearly 44 billion yuan. The idea behind insurtech is that innovation and new technology can increase the efficiency of the insurance industry. In China, established insurance companies, as well as startups, develop this business sector.
Value of online non-auto insurance's premium income in China from 2018 to 1st half 2022
(in billion yuan)
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Zhihu. (June 6, 2023). Value of online non-auto insurance's premium income in China from 2018 to 1st half 2022 (in billion yuan) [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1304049/china-premium-income-of-online-non-auto-insurances/
Zhihu. "Value of online non-auto insurance's premium income in China from 2018 to 1st half 2022 (in billion yuan)." Chart. June 6, 2023. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1304049/china-premium-income-of-online-non-auto-insurances/
Zhihu. (2023). Value of online non-auto insurance's premium income in China from 2018 to 1st half 2022 (in billion yuan). Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1304049/china-premium-income-of-online-non-auto-insurances/
Zhihu. "Value of Online Non-auto Insurance's Premium Income in China from 2018 to 1st Half 2022 (in Billion Yuan)." Statista, Statista Inc., 6 Jun 2023, https://www.statista.com/statistics/1304049/china-premium-income-of-online-non-auto-insurances/
Zhihu, Value of online non-auto insurance's premium income in China from 2018 to 1st half 2022 (in billion yuan) Statista, https://www.statista.com/statistics/1304049/china-premium-income-of-online-non-auto-insurances/ (last visited December 22, 2024)
Value of online non-auto insurance's premium income in China from 2018 to 1st half 2022 (in billion yuan) [Graph], Zhihu, June 6, 2023. [Online]. Available: https://www.statista.com/statistics/1304049/china-premium-income-of-online-non-auto-insurances/