In 2021, car insurance accounted for 26 percent of the online property insurance segment in China. In the first half of 2021, online non-car insurances generated a premium income of over 36 billion yuan. The idea behind insurtech is that innovation and new technology can increase the efficiency of the insurance industry. Both established insurance companies and startups are developing this business sector in China.
Distribution of premium income among online property insurance segments in China in 2021
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IAC. (May 13, 2022). Distribution of premium income among online property insurance segments in China in 2021 [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1304073/china-income-share-of-online-property-insurance-segments/
IAC. "Distribution of premium income among online property insurance segments in China in 2021." Chart. May 13, 2022. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1304073/china-income-share-of-online-property-insurance-segments/
IAC. (2022). Distribution of premium income among online property insurance segments in China in 2021. Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1304073/china-income-share-of-online-property-insurance-segments/
IAC. "Distribution of Premium Income among Online Property Insurance Segments in China in 2021." Statista, Statista Inc., 13 May 2022, https://www.statista.com/statistics/1304073/china-income-share-of-online-property-insurance-segments/
IAC, Distribution of premium income among online property insurance segments in China in 2021 Statista, https://www.statista.com/statistics/1304073/china-income-share-of-online-property-insurance-segments/ (last visited December 22, 2024)
Distribution of premium income among online property insurance segments in China in 2021 [Graph], IAC, May 13, 2022. [Online]. Available: https://www.statista.com/statistics/1304073/china-income-share-of-online-property-insurance-segments/