Online personal insurance premium income growth rate in China 2014-2021
The growth rate of the Chinese online personal insurance premium income in 2021 was 38.2 percent. After high growth rates from 2014 to 2016, the market entered an adjustment period in the following two years showing a negative growth. In 2019, however, the online personal insurance market showed signs of recovery. The personal insurance premium value in 2021 amounted to almost 292 billion yuan.