Automotive UBI market size China 2016-2021

Published by
Daniel Slotta,
Sep 23, 2019
This time series represents the Chinese automotive usage based insurance market size from 2016 to 2021. By 2016, the UBI market in China amounted to around 202 billion yuan. Usage-based insurance is a type of insurance in which the costs are based on driving behaviors of the policy holders.

Chinese automotive usage based insurance market size from 2016 to 2021 (in billion yuan)

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Release date

April 2018

Region

China

Survey time period

2016

Supplementary notes

*Estimated.

UBI stands for usage-based insurance

1 yuan equals approximately 0.15 U.S. dollars and 0.13 euros (as of April 2018).

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