Premium income of online property insurance segments in China H1 2021

Published by
Daniel Slotta,
Dec 6, 2023
In the first six months of 2021, online car insurance generated a premium income of over 11 billion yuan which accounts for 11 percent of the online property insurance market segment. In recent years, the business of auto insurance has been on the decline. Not only premium income decreased, but the penetration rate also dropped from almost five percent in 2018 to only three percent in the first half of 2021.

Leading online property insurance segments in China in the first half of 2021, based on premium income (in billion yuan)

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Release date

September 2021

Region

China

Survey time period

H1 2021

Supplementary notes

One yuan equals 0.16 U.S. dollars and 0.14 euros (as of April 2022).

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Overview

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Topics

Insurtech in ChinaBanking industry in ChinaSocial insurance in ChinaInsurance industry in ChinaFintech in China
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