In 2023, the insurance companies in China made total benefit payments worth approximately 1.9 trillion yuan. The highest payments were made to property insurance clients with a value of around 917 billion yuan, which has increased from the previous year.
Benefit payments in China from 2019 to 2023, by insurance type
(in billion yuan)
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China Banking and Insurance Regulatory Commission. (January 26, 2024). Benefit payments in China from 2019 to 2023, by insurance type (in billion yuan) [Graph]. In Statista. Retrieved December 02, 2024, from https://www.statista.com/statistics/1032194/china-pay-off-expenses-of-insurance-companies-by-insurance-type/
China Banking and Insurance Regulatory Commission. "Benefit payments in China from 2019 to 2023, by insurance type (in billion yuan)." Chart. January 26, 2024. Statista. Accessed December 02, 2024. https://www.statista.com/statistics/1032194/china-pay-off-expenses-of-insurance-companies-by-insurance-type/
China Banking and Insurance Regulatory Commission. (2024). Benefit payments in China from 2019 to 2023, by insurance type (in billion yuan). Statista. Statista Inc.. Accessed: December 02, 2024. https://www.statista.com/statistics/1032194/china-pay-off-expenses-of-insurance-companies-by-insurance-type/
China Banking and Insurance Regulatory Commission. "Benefit Payments in China from 2019 to 2023, by Insurance Type (in Billion Yuan)." Statista, Statista Inc., 26 Jan 2024, https://www.statista.com/statistics/1032194/china-pay-off-expenses-of-insurance-companies-by-insurance-type/
China Banking and Insurance Regulatory Commission, Benefit payments in China from 2019 to 2023, by insurance type (in billion yuan) Statista, https://www.statista.com/statistics/1032194/china-pay-off-expenses-of-insurance-companies-by-insurance-type/ (last visited December 02, 2024)
Benefit payments in China from 2019 to 2023, by insurance type (in billion yuan) [Graph], China Banking and Insurance Regulatory Commission, January 26, 2024. [Online]. Available: https://www.statista.com/statistics/1032194/china-pay-off-expenses-of-insurance-companies-by-insurance-type/