In 2024, 95 percent of Millennial respondents stated that they were insurance owners, according to Statista's Consumer Insights. In contrast, the insurance ownership among Baby Boomers was significantly lower, with only 77 percent of respondents saying that they own insurance.
Ownership of insurance products in China in 2024, by generation
The original question was phrased by the source as follows: Recode based on Insurances by type (detailed) and Health insurance by type (detailed) (single-pick) .
More information on the methodology can be found here.
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Statista. (May 24, 2024). Ownership of insurance products in China in 2024, by generation [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1402171/china-ownership-rate-of-insurance-by-generation/
Statista. "Ownership of insurance products in China in 2024, by generation." Chart. May 24, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1402171/china-ownership-rate-of-insurance-by-generation/
Statista. (2024). Ownership of insurance products in China in 2024, by generation. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1402171/china-ownership-rate-of-insurance-by-generation/
Statista. "Ownership of Insurance Products in China in 2024, by Generation." Statista, Statista Inc., 24 May 2024, https://www.statista.com/statistics/1402171/china-ownership-rate-of-insurance-by-generation/
Statista, Ownership of insurance products in China in 2024, by generation Statista, https://www.statista.com/statistics/1402171/china-ownership-rate-of-insurance-by-generation/ (last visited November 21, 2024)
Ownership of insurance products in China in 2024, by generation [Graph], Statista, May 24, 2024. [Online]. Available: https://www.statista.com/statistics/1402171/china-ownership-rate-of-insurance-by-generation/